1 recent flows in foreign direct investment and technology transfer to asean economies hafiz mirza axèle giroud kathrin köster the authors would like acknowledge support of japan bank for international cooperation who funded survey on which much this paper is based 2 university bradford school management structure east asia context growth development methodology 3 operates an analysis strategy investors 4 parent companies policies towards knowledge skills 5 indirect impact asian 6 concluding remarks 7 bibliography 8 appendices has emerged as primary success story albeit nuanced latter part last century rapid rates country after from singapore china have led vast numbers people most ever a single period history being lifted out poverty table shows that some these ie hong kong south korea taiwan grown so fast their per capita incomes converged