Japanese investment in Peru: limits of developmental investment

Kamiya, Marco (2004): Japanese investment in Peru: limits of developmental investment. Published in: Journal of the Graduate School of Asia-Pacific Studies , Vol. 9, (March 2005): pp. 195-212.

Abstract

Japanese Investment in Latin America was considerable in the 1960s and 1970s, but the investment never took off in the developmental style as in East Asia. The author examines why Japanese Foreign Direct Investment in Peru did not follow the pattern of developmental investment, analyzing the elements involved regarding policies in Peru and particular circumstances in Japan in the 1990 decade.

• Item Type: MPRA Paper
• Language: English
• Keywords: Japan, Peru, Foreign Direct Investment, Trade
• Subjects: R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R4 - Transportation Economics > R42 - Government and Private Investment Analysis ; Road Maintenance ; Transportation Planning; F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment ; Long-Term Capital Movements; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O19 - International Linkages to Development ; Role of International Organizations

References

Akamatsu, Kaname. 1962. A Historical Pattern of Economic Growth in Developing Countries. The Developing Economies, Preliminary Issue No. 1. March-August, 1962. Institute of Asian Economic Themes (afterwards Institute of Economic Development). Tokyo, Japan, pp. 3-25.

Bustamante, Carlos. February 3, 1998. La Ilusión de la Inversión Japonesa [The Illusion of Japanese Investment]. Opinion page, Gestión Newspaper. Lima, Peru.

De la Flor, Pablo. 1993. Peruvian-Japanese Relations: The Frustration of Resource Diplomacy. En Stallings, 1993, pp. 171-190.

Eximbank, 2004 Nendo Kaigai Chokusetsu Toshi Anketo Chosa Kekka Hokoku [Report of the Results of the 2003 Survey Concerning the Perspectives of Foreign Japanese FDI]. Nihon Yushutsunyu Ginko, Eximbank. Department of Research of Foreign Direct Private Investment. Tokyo, Japan.

Hollerman, León. 1988. Japan’s Economy Strategy in Brazil: Challenge for the United States. Lexington Books, Canada.

Horisaka, Kotaro. 1996. La Imagen de los Latinoamericanos sobre el Japón y los Japoneses [Latin American’s Image of Japan and the Japanese]. Series of Latin American Monographs, No. 5-3. March, 1996. Iberian American Institute. Sophia University. Tokyo, Japan.

JBIC, 2004. わが国製造企業の海外事業展開に関する調査報告. [Report on Investment of Japanese Manufacturing Companies Overseas]. Japan Bank for International Cooperation. Tokyo, Japan.

JETRO. 1993. 中南米における日系企業との人材強制と地域とのかかわり. [Staff Training and Regional Marketing in Latin America]. Japan External Trade Organization. Tokyo, Japan.

JETRO. 2003 and previous numbers. ジェトロ貿易投資白書 [Annual Report of JETRO on Trade and Investment]. Tokyo, Japan. JICA. 1998. The Country Study for Japan’s Official Development Assistance to the Republic of Peru. Tokyo, Japan.

Jochamowitz, Luis (1993) Ciudadano Fujimori: La construcción de un político. PEISA, Peru.

Kagami, Mitsuhiro. 1995. The Voice of East Asia: Development Implications for Latin America. Institute of Developing Economies. Tokyo, Japan.

Kojima, Kiyoshi (2003/2004). 雁行型経済発展論。[Theory of Flying Geese Pattern of Development] Vol. 1 and 2. Bunshindou. Tokyo, Japan.

Kojima, Kiyoshi & Ozawa, Terutomo. 1984. Japan’s General Trading Companies: Merchants of Economic Development. OECD, Organization for Cooperation and Economic Development. France.

Kwan, C. K. (2001). Yen Bloc: Toward Economic Integration in Asia. Brookings Institutions Press. Washington, DC. MoF, Japan’s Ministry of Finance. Ministry of Finance Statistics Monthly, various numbers. Tokyo, Japan. ODA, Japan’s Official Development Assistance. Annual Report 1997.Japan’s Ministry of Foreign Relations, Department of Economic Cooperation. Tokyo, Japan.

Okita, Saburo. (1980) The Developing Economies and Japan Lessons in Growth. Tokyo University Press. Japan.

Ozawa, Terutomo. 1996. Japan: The macro-IDP, meso-IDPs and the Technology Development Path (TDP). En Dunning & Narula, 1996, pp. 142-173.

Stallings, Barbara & Székely, Gabriel ed. 1993. Japan, The United States, and Latin America: Towards a Trilateral Relationship in the Western Hemisphere? MacMillan & St. Anthony’s College Series. Great Britain.

Toyo Keizai. 1998. データバンク：海外進出企業総覧1998 [Data Bank: Compendium of Foreign Investments by Japanese Businesses, reports by businesses and countries]. Toyo Keizai Shuppansha. Tokyo, Japan.