s of influence, the 1990s did show a very clear pattern with the members of the Triad making sure effective financial control over their sections of the world production they dominate.From OECD, International Direct Investment Statistics Yearbook, OECD,1997, the following appears:US DIRECT INVESTMENT IN ASIA, LATIN AMERICA AND EASTERN EUROPE 1985 1995 Latin America -1000 11500 Asia 200 8250 Eastern Europe 0 1750JAPANESE DIRECT INVESTMENT IN ASIA, LATIN AMERICA AND EASTERN EUROPE 1985 1995 China 100 4600 Other emerging Asia 1200 8000 Latin America 200 2200 (peak 1988 -3300) Central and Eastern Europe 100 100EUROPEAN UNION DIRECT INVESTMENT IN ASIA, LATIN AMERICA AND E. EUROPE 1985 1995 Central and Eastern Europe 100 7750 Emerging Asia 750 5000 Latin America 600 5400To complete the picture, the following data is focused on each region:FDI OUTFLOWS TO EMERGING ASIA BY PRINCIPAL OECD INVESTOR Cummulative 1985-1996 (per cent) Japan 50% United States 31% European Union 19%FDI OUTFLOWS TO LATIN AMERICA BY PRINCIPAL OECD INVESTOR Cummulative 1985-1996 (per cent) United States 61.5% European Union 27.8% Japan 10.7%FDI OUTFLOWS TO EASTERN EUROPE BY PRINCIPAL OECD INVESTOR Cummulative 1985-1996 (per cent) European Union 79% United States 18% Japan 3%BUSINESS CYCLES AND FLOWS OF TRANSNATIONAL CAPITALOne main item of propaganda about transnational ...
