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List of contents
Part I. Introduction and Theory: 1. Introduction: foreign direct investment in China and India; 2. Social network theory: diaspora, domestic industry, and diffusion of FDI liberalization; Part II. Reform Stage I: 3. Diasporic entrepreneurs and diffusion of FDI liberalization in China; 4. Deregulation without openness in India; Part III. Reform Stage II: 5. Deepening diffusion: zone fever and SOE reform in China; 6. Transforming Indian business: the foundation and limitation of India's FDI liberalization; Part IV. Sectors: 7. China's electronics and automobiles; 8. FDI liberalization in India's informatics and autos; 9. Conclusion: state, diasporas, and development.
About the author
Min Ye is an Assistant Professor of International Relations and the director of the East Asian Studies Program at Boston University. She has served as a visiting scholar and professor in China, Japan, South Korea, Singapore, and India and has taught summer courses at Fudan University, Zhejiang University, and the Chinese University of Broadcasting and Mass Media. Her publications include The Making of Northeast Asia (with Kent Calder, 2010) and various articles published in such journals as the Journal of East Asian Studies, Modern China Studies, and China Public Affairs Quarterly. In China, Ye also serves as a consultant on globalization for private and state-run companies, including Baosteel and CHINT. She is on the advisory board for the construction of the Ocean Economic Development Zone in Zhejiang Province and the Baosteel High-Tech Zone in Guangdong Province.
Summary
This book offers a comparative and historical analysis of foreign direct investment (FDI) liberalization in China and India and explains how the return of these countries' diasporas affects such liberalization. It examines diasporic investment from Western FDIs and finds that diasporas, rather than Western nations, have fueled globalization in the two Asian giants.
Additional text
'Foreign direct investment has been a main driving force behind the rapid development of Asia's two giant economies, China and India. The Western nations, the usual FDI sources in the developing world, were not the FDI providers, however. What has fuelled the globalization of the two economies? In this comparative and historical analysis, Min Ye reveals that it was the FDI patterns of the Chinese and Indian diasporas that have given rise to the differing performance of the two economies. All those who would like to uncover the secrets of these two Asian economies and their linkages with the rest of the world should read it; it is also a valuable guide for the future of the two increasingly important Asian giants.' Zheng Yongnian, National University of Singapore
