Foreign direct investment in Korea : the role of the state
Author(s)
Bibliographic Information
Foreign direct investment in Korea : the role of the state
Ashgate, c1997
Available at / 26 libraries
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National Graduate Institute for Policy Studies Library (GRIPS Library)
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Note
Bibliography: p. 151-169
Includes index
Description and Table of Contents
Description
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.
Table of Contents
- Contents: Introduction
- State and market approaches to foreign investment policy
- Foreign investment during the Park regime
- State capacity and foreign investment during the Park regime
- Chun Doo Hwan and attempted foreign investment policy reform
- Roh Tae Woo and the slow down of foreign investment policy reform
- Kim Young Sam and the new foreign investment policy regime
- Conclusion
- Index.
by "Nielsen BookData"