Title: Chinese ODI and the deficiencies of Australia's foreign investment regime

Authors: Peter Drysdale; Shiro Armstrong; Neil Thomas

Addresses: Crawford School of Public Policy, The Australian National University, Canberra, ACT 2601 Australia ' Crawford School of Public Policy, The Australian National University, Canberra, ACT 2601 Australia ' Crawford School of Public Policy, The Australian National University, Canberra, ACT 2601 Australia

Abstract: Foreign direct investment plays an important role in the Australian economy through the provision of capital additional to that which can be mobilised domestically and greater linkages to international markets and value chains. By creating a global market for Australian assets, FDI provides Australians with a stronger incentive to invest and grow their own assets. This paper suggests additional reforms that would enhance the operation of the investment regime and strengthen the investment environment. The reforms suggested seek to maintain Australia's attractiveness as an investment destination and ensure that incoming investment continues to drive productivity and income growth in the nation's interest.

Keywords: foreign investment; Chinese ODI; overseas direct investment; Australia; policy reform.

DOI: 10.1504/IJPP.2017.086066

International Journal of Public Policy, 2017 Vol.13 No.3/4/5, pp.277 - 289

Received: 23 Apr 2016
Accepted: 15 Dec 2016
Published online: 22 Aug 2017 *

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