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Foreign Direct Investment in Korea: The Role of the State

Bishop, Bernie

Published by Ashgate Pub Ltd
ISBN 10: 1840141964 / ISBN 13: 9781840141962
New / Hardcover / Quantity Available: 2
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Title: Foreign Direct Investment in Korea: The Role...

Publisher: Ashgate Pub Ltd

Binding: Hardcover

Book Condition: New


1997. Hardcover. The Role of the State. 184 pages, tables, bibliography, index. A text which traces the history of foreign investment policy in South Korea from 1961 to the present. It shows how the attempt to move from a previous interventionist strategy to a more market driven approach is problematic and cannot be achieved quickly. Cateogry: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. BIC Classification: 1FPKS; 3JJPK; 3JJPL; 3JJPN; 3JJPR; JPQB; KCLT; KCM; KCZ; KFFM. Dimension: 163 x 222 x 15. Weight: 362. . . . . . Books ship from the US and Ireland. Bookseller Inventory # V9781840141962

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Synopsis: A text which 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 investment channelling 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 inefectiveness 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 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.

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