학술논문
Foreign Direct Investment in Korea: A Foreign Perspective
이용수 10
- 영문명
- Foreign Direct Investment in Korea: A Foreign Perspective
- 발행기관
- 한국경제연구원
- 저자명
- Oh Yul Kwon
- 간행물 정보
- 『한국경제연구원 연구보고서』연구보고서 (2004), 1~94쪽, 전체 94쪽
- 주제분류
- 경제경영 > 경제학
- 파일형태
- 발행일자
- 2004.01.01
14,080원
구매일시로부터 72시간 이내에 다운로드 가능합니다.
이 학술논문 정보는 (주)교보문고와 각 발행기관 사이에 저작물 이용 계약이 체결된 것으로, 교보문고를 통해 제공되고 있습니다.
국문 초록
영문 초록
In contrast to international trade, which expanded rapidly
and played the role of engine for economic development in
Korea, inward foreign direct investment(FDI) has remained
sluggish and failed to contribute significantly to Korean
economic growth. Although it is well established that FDI can
enrich a host country’s economy in a number of ways, the
Korean government restricted and controlled FDI, partic-
ularly up to the 1997 financial crisis. As a result, Korea was
regarded as the worst place to invest among Asian nations.
These restrictions of FDI and unhealthy FDI environments
were reflected in the flagging level of FDI in Korea.
After 1997, however, the Korean government has under-
taken a paradigm shift in FDI policy from “restriction and
control” to “promotion and assistance”, and undertaken a
series of policy measures and all-out efforts to improve the
business environment and attract FDI. As a result, inward FDI in Korea surged over the three-year period 1998-2000. Despite
this spurt, the magnitude of FDI in Korea is still small in
comparison to other countries, and has been declining sharply
since 2001.
How then, would the relatively low magnitude of FDI in
Korea and a recent sharp decline be explained? What addi-
tional measures should Korea undertake to increase FDI
inflows to a level comparable internationally? To address these vexing questions from a foreign perspective, a compre-
hensive survey was conducted from May to July 2002 of
foreign companies that had undertaken FDI and have been
operating in Korea. A questionnaire comprising 96 questions
was distributed to about 400 foreign companies, and a total of
69 responses were received.
According to the survey results, foreign firms undertake FDI
in Korea to capitalise on the emerging business opportunities
in Korea, and do not consider Korea as a stepping stone to
gain market access to other Asian countries. Foreign business
people generally have a negative view on the improvements in
the Korean business environment in the recent past. Consistent
with this, foreign business people point to various types of
difficulties in establishing and operating FDI projects in Korea.
These difficulties arise not only from excessive, complex and
opaque government regulations, the excessive discretionary
power of bureaucrats and cronyism and corruption, but also
from inept labour relations and high wages, unfair advantages
held by domestic firms, inefficient corporate governance of Korean companies, cultural and communication difficulties,
Koreans’ prejudice against foreign products, closed Korean
society, and poor social amenities for expatriate families. The
respondents also consider themselves disadvantaged in a
system where Korean firms rely heavily on personal rela-
tionships for business operations. They recognise, however,
strengths of Korean workers, such as diligence, loyalty toward
companies, collaborative team spirit, and willingness to be
trained, but point out poor English skills as the weakest aspect ...
목차
Preface
1. Introduction
2. Recent Developments in FDI in Korea
3. Literature Survey of Foreign Direct Investment
4. Korean Government Policy on Inward FDI
5. A Survey of FDI in Korea
6. Summary and Concluding Remarks
References
Abstract
키워드
해당간행물 수록 논문
- Foreign Direct Investment in Korea: A Foreign Perspective
- 규제지도 작성을 위한 규제개혁실적 분석
- BM특허와 경쟁정책
- 통신서비스 결합판매의 경제적 효과와 법규제 개선방향
- 공정거래법 전면 개편방안(상) -경쟁이론과 공정거래법-
- 법치경제 개혁의 길
- 위안화의 평가절상 가능성과 정책적 시사점 : 정치경제학적 접근
- 우리나라 환경세제의 개편방안
- 기업통합이론과 기업 경영전략 : 기업의 경쟁력 제고방안
- 정부의 연구개발 보조가 민간기업의 연구개발 투자에 미치는 효과분석
- 공정거래법 전면 개편방안(하) -개정법률안-
- 고령화의 경제적 파급효과와 대응과제
- 고용부진 현황과 전망 수출 호조제 고용회복으로 이어질까
- 한국의 정치자금문제, 이렇게 풀자
참고문헌
관련논문
최근 이용한 논문
교보eBook 첫 방문을 환영 합니다!
신규가입 혜택 지급이 완료 되었습니다.
바로 사용 가능한 교보e캐시 1,000원 (유효기간 7일)
지금 바로 교보eBook의 다양한 콘텐츠를 이용해 보세요!