Here’s a structured outline and key components for your dissertation on This framework integrates theoretical foundations, empirical analysis, and policy insights tailored to Southeast Asia’s unique context.
1. Introduction
- Research Background:
- Importance of FDI in driving economic growth, technology transfer, and job creation in emerging markets.
- Southeast Asia’s rise as a global FDI hub (e.g., Vietnam, Indonesia, Thailand, Malaysia, Philippines).
- Contrast FDI trends in ASEAN vs. other emerging markets (e.g., Latin America, Africa).
- Research Problem:
- What factors explain disparities in FDI inflows across Southeast Asian economies?
- How do institutional, economic, and geopolitical factors shape FDI decisions?
- Research Objectives:
- Identify key determinants of FDI in Southeast Asia.
- Analyze the role of policy frameworks, market size, labor costs, infrastructure, and political stability.
- Provide actionable recommendations for policymakers and investors.
2. Literature Review
- Theoretical Frameworks:
- Dunning’s OLI Paradigm (Ownership, Location, Internalization advantages).
- Institutional Theory: Impact of regulatory quality, corruption, and political stability.
- Eclectic Paradigm: Role of market size, labor costs, and resource availability.
- Empirical Studies:
- Global FDI trends and lessons from China, India, and Latin America.
- Southeast Asia-specific studies: E.g., Vietnam’s FDI boom post-2000, Singapore’s institutional advantages.
- Gaps in existing literature: Understudied role of digital infrastructure, regional trade agreements (e.g., RCEP), and geopolitical competition (U.S.-China tensions).
3. Methodology
- Mixed-Methods Approach:
- Quantitative Analysis:
- Data Sources: World Bank, UNCTAD, ASEAN databases, national statistics.
- Variables: FDI inflows (dependent), GDP growth, labor costs, infrastructure quality, ease of doing business, tax rates, political stability index.
- Models: Panel data regression (fixed/random effects) for ASEAN countries (2010–2023).
- Qualitative Case Studies:
- Country Selection: Compare high-FDI (Vietnam, Singapore) vs. lower-FDI (Cambodia, Myanmar) economies.
- Interviews/Surveys: Insights from multinational corporations (MNCs), policymakers, and industry reports.
- Quantitative Analysis:
- Limitations: Data availability for some ASEAN countries (e.g., Laos, Myanmar), endogeneity issues.
4. Case Study: Southeast Asia
- Regional Overview:
- ASEAN’s GDP growth, population demographics, and integration via ASEAN Economic Community (AEC).
- Sectoral FDI trends: Manufacturing (Vietnam, Thailand), services (Singapore), natural resources (Indonesia).
- Country-Specific Analysis:
- Vietnam: Low labor costs, trade agreements (EVFTA, CPTPP), and export-led growth.
- Singapore: Strategic location, strong institutions, and tax incentives.
- Indonesia: Resource abundance vs. bureaucratic hurdles.
- Myanmar/Cambodia: Political instability and weak infrastructure.
5. Empirical Findings
- Key Determinants of FDI:
- Market Size (GDP, consumer base): Positive correlation with FDI.
- Labor Costs and Skills: Low wages attract manufacturing FDI, but skilled labor matters for tech sectors.
- Infrastructure: Ports, roads, and digital connectivity (e.g., Thailand’s EEC).
- Institutional Factors: Ease of doing business, corruption control (Singapore ranks #1).
- Trade Openness: FTAs (e.g., RCEP) boost export-oriented FDI.
- Geopolitics: U.S.-China decoupling driving FDI diversion to Vietnam/Thailand.
- Unexpected Results:
- Weak significance of tax incentives compared to regulatory stability.
- Rising importance of ESG (Environmental, Social, Governance) criteria among investors.
6. Policy Implications
- For Governments:
- Streamline regulations and reduce bureaucratic red tape (e.g., Indonesia’s Omnibus Law).
- Invest in infrastructure (e.g., Malaysia’s Penang ICT hub).
- Leverage FTAs and position as a neutral hub amid U.S.-China tensions.
- For Investors:
- Prioritize countries with stable institutions and skilled labor pools.
- Monitor ESG compliance risks (e.g., Indonesia’s palm oil sector).
7. Conclusion
- Summary of Contributions:
- Identified institutional quality and geopolitical factors as critical FDI drivers in Southeast Asia.
- Highlighted divergences between ASEAN economies and policy lessons for other emerging markets.
- Future Research:
- Impact of digital transformation (e.g., Industry 4.0) on FDI.
- Role of climate change and green investment trends.
8. References
- Key Authors/Works:
- Dunning, J. H. (2000). The Eclectic Paradigm of International Production.
- UNCTAD’s World Investment Reports (2020–2023).
- ASEAN Secretariat reports on FDI policies.
- Case studies from Journal of International Business Studies and Emerging Markets Review.
Appendices
- Data Tables: Regression results, FDI inflows by country/sector.
- Interview Transcripts: Quotes from MNC executives/policymakers.
- Maps/Charts: FDI distribution across Southeast Asia.
Tips for Success
- Use Comparative Analysis: Contrast ASEAN with China/India to highlight unique regional factors.
- Leverage Primary Data: Partner with ASEAN trade agencies or chambers of commerce for surveys.
- Address COVID-19 Impact: Discuss pandemic-induced shifts (e.g., supply chain diversification).