基于土耳其汽车产业的分析.docVIP

中文3265字 本科毕业论文外文翻译 外文题目：Understanding patterns of FDI: the case of Turkey and its auto industry 出 处：European Business Journal, 15 (2), 2003, pages 61-69 作 者： M. John Foster Ipek Alkan. Ipek 原 文： Patterns of FDI for Turkey: actuality and expectation The starting point arguably for any aspirant developing economy in its search for inward foreign investment – FDI from the perspective of the investors – is the general upswing in aggregate global FDI trends from source economies, which occurs for a variety of well-rehearsed reasons, see e.g. Porter (1990), Buckley (1992) and Dunning (1993). These reasons include: market extension (perhaps because the home market is near saturation); accessing scarce primary products (primarily oil and minerals); production efficiency strategies benefiting from location-specific cost advantages in sink economies; and more or less complex mixtures of these and other factors. For developing economies, the question they may reasonably ask is: ‘Can we get a share of this inflow of capital?’ Table 1 summarises global patterns of FDI in recent years. It shows a 238% increase in aggregate FDI over the period 1994 to 1999. This comprised a 338% increase in FDI into developed countries and a 98% rise in the inflows to developing economies. In short, while there has been significant growth in developing economies, for the developed economies the growth has been much more dramatic. Even China, the much vaunted star of foreign investment, has only performed ‘steadily’ when benchmarked against global aggregates. The table shows, using Vietnam as a benchmark, that Turkey has not done very well in aggregate terms when compared with newer emerging economies over the past decade. This simple aggregate pattern is further elaborated by considering the FDI per capita figures shown in Table 2. This clearly suggests that Turkey is missing out in that its per capita performanc