外文翻译---亚洲fdi与中欧和东欧的关系以及它对东道国的影响(编辑修改稿)

外文翻译---亚洲fdi与中欧和东欧的关系以及它对东道国的影响(编辑修改稿)内容摘要：

平的法律救济（ Zemplinerova 2020 年，第 146 页）。 然而，由于松下倾向其进口价值更高于来自国外的中间部分价格，所以供应商 出现泄漏 的影响需要谨慎。 捷克商业文化和劳动力还在适应新的管理风格和松下 持续 注入企业文化的过程。 11 Asia Europe Journal (2020) 1: 349–369 Asian FDI in Central and Eastern Europe and its impact on the host countries Lim Jia Woon Abstract In the late niies, Japanese and Korean investors have started to embark on an impressive wave of direct investment in Central and Eastern Europe (CEE). The transition from stateplanned to market orientedeconomies in Central and Eastern Europe has provided valuable new opportunities to these Asian investors by offering them a European market at a nonEuropean price. To these emerging markets, FDI is an instrument to create and rebuild a petitive market economy. Most importantly, FDI upgrades the par ative advantage of the host country. This paper provides an original discussion of Asian foreign direct investment by questioning the role of the host government and the characteristic of the host country on the motives and behaviour of Asian investors and how such investments have an impact on the economies of Central and Eastern Europe. Using case studies, this paper demonstrates that the impact of Asian FDI on these emerging markets depends largely on the parative advantages of the Asian firms and the actions taken by the host governments. In order to generate positive FDI contributions from these Asian investors, host governments have to understand the determinants of FDI and guide it in such a way to achieve their national interests through macroeconomic reforms, privatisation and most importantly, strengthening institutional framework to improve the investment climate. Introduction Central and Eastern Europe (CEE) after the fall of munism in the 1990s, has bee a focal point for direct investment by multinationals. The dramatic changes to the political, economic and social environment in CEE provide unique opportunities for multinational enterprises (MNEs). These emerging CEE markets have a high potential for development and offer efficient localization in terms of cost and access to resources. They open up exciting challenges to the MNEs. To the host countries, transition to a market economy is impossible without the inflow of foreign direct investment (FDI). FDI is an ideal tool for spearheading industrial restructuring through their spillover impact on the local entrepreneurs, suppliers and petitors and most importantly, it upgrades the parative advantage of the host countries. They provide much of the petence and initiatives for economic growth. Most Asian firms entered these emerging markets only in the late niies. As pared to the surge of western investment in the region, Asian investment has not reached anywhere near similar levels. Nevertheless they raise some important questions. Research objective and focus In this paper, Asian investment in the region will be examined using case studies and explicated from two perspectives that of the FDI host countries 12 and that of the Asian investors. The paper addresses a number of key issues. The first issue highlights how the experiences of Asian investors in the major recipient countries are influenced by the regulations and the policies implemented by the host governments during the post transition years. FDI in transition economies appears to be a positive experience for the foreign investors, the host countries and the local firms in the host countries. However, drawing from the experiences of the five largest Asian investors, we observe that the cost and the benefits of the Asian FDI in the host economies var y according to the parative advantages of the investors and the policies implemented by the host governments (Dunning 2020, p. 70). Research methodology The case study approach will be used to analyse the experience of FDI and its impact on the CEE economies, which is appropriate because of the ongoing changes associated with the transition process. Firms investing at different points in time and in different sectors will have different experiences in these transitional economies and thus may have different impacts on these economies. The case studies of five Asian firms in CEE allow an indepth analysis of the motivations and behaviour of Asian investors in the CEE and of their direct and indirect impact on these economies. As the case studies methodology inevitably entails a certain extent of constraint when examining separate cases generalisations are kept to the minimum. With this constraint in mind this paper will focus on Asian investment in the three main host countries in CEE which have attracted over twothirds of the total FDI in the former Soviet bloc. With the sample of three host countries, Poland, Czech Republic and Hungary and two home countries, Japan and Korea, we are also able to identify the differences between the Korean and Japanese investors in their motivations and behaviour in CEE. The first consideration for the selection of sectors for our study is the ability to conduct intrasectoral parisons within and across countries and the second aim is to identify sectors where these Eastern European countries seem to have parative advantages. With the eight cases undertaken, as seen in Table 1, our case selection identifies at least one case from each home country in each host country. Case studies of the Asian FDI in CEE Concepts of the impact of FDI Before analysing how the characteristics and policies of the host countries will influence the motives and experiences of Asian investors in CEE and the impact of such investment on the economies, it will be wiser to focus on the concepts of the positive impacts of FDI from the work。