ASEAN Countries: Their Foreign Investment And Prospects

The development of Association of Southeast Asian Nations(ASEAN) economies has attracted worldwide lights. Foreign Direct Investment (FDI) has not only played an important role in the growth of ASEAN economies, but also become a necessary dynamic to its development. Making active use of FDI is a great policy maintained by ASEAN members as well as a basic experience to realizing greater economic growth. Significant achievements accumulated in using FDI have compensated the domestic inadequate funds. However, the introduction of advanced technology has perfected home industrial structure and improved the economic level. After the currency crisis in 1997, a considerable change of international situations showed a new challenge to ASEAN members. Taking the rapid development of international fluent funds as the background, this paper firstly discusses the inside and outside factors which influence ASEAN members to use FDI, while analyzing the rules and features of FDI in different periods. Then, it presents the active and passive effects for ASEAN economies in FDI, and takes the all-round factors into consideration, it tells a logical future for the trend of FDI in ASEAN members. What's more, it also researches into the influence of FDI to ASEAN economic cooperation, especially the fluency of FDI inside ASEAN. Experiences and lessons concluded by ASEAN members in FDI will supply China precious materials in this regard.