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Foreign Direct Investment in Korea: The Role of the State

Bernie Bishop

$60.99

Paperback

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Routledge
30 June 2020
Central government policies; International trade; Development economics; Economic history; Investment & securities
Published in 1997, this book traces the history of foreign investment policy in South Korea from 1961 until the present. It shows how Korea adopted a highly successful interventionist strategy towards foreign direct investment channeling it into areas of the economy where it could achieve the most benefit for the country's economic development. In recent years Korea has tried to adopt a more market driven approach. However, differences within various institutions within the public and private sector led to policy confusion and ineffectiveness in meeting policy goals. The conclusion reached is that moving from an interventionist strategy to a market orientated strategy is difficult in this policy area. The book breaks new ground because it shows that while the conventional wisdom is that a 'market economy' approach is beneficial, moving from an interventionist policy to a market-orientated one is problematic and cannot be accomplished quickly.
By:   Bernie Bishop
Imprint:   Routledge
Country of Publication:   United Kingdom
Weight:   340g
ISBN:   9781138313262
ISBN 10:   1138313262
Series:   Routledge Revivals
Pages:   174
Publication Date:   30 June 2020
Audience:   College/higher education ,  Professional and scholarly ,  A / AS level ,  Further / Higher Education
Format:   Paperback
Publisher's Status:   Active
1. State and Market Approaches to Foreign Investment Policy 2. Foreign Investment During the Park Regime 3. State Capacity and Foreign Investment During the Park Regime 4. Chun Doo Hwan and Attempted Foreign Investment Policy Reform 5. Roh Tae Woo and the Slow Down of Foreign Investment Policy Reform 6. Kim Young Sam and the New Foreign Investment Policy Regime.

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