2005
DOI: 10.1002/tie.20067
|View full text |Cite
|
Sign up to set email alerts
|

Restructuring FDI policy in emerging economies: The republic of Korea case

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1

Citation Types

0
3
0

Year Published

2007
2007
2013
2013

Publication Types

Select...
5

Relationship

0
5

Authors

Journals

citations
Cited by 8 publications
(3 citation statements)
references
References 9 publications
0
3
0
Order By: Relevance
“…We examine contagion effects arising from contextual factors that may moderate the influence of an MFI's knowledge support to encourage entrepreneurship on the MFI's costs of operating at the BoP. For instance, FDI has been shown to play an important role in the economic development and national welfare of the recipient country (Hu & Jefferson, 2002; Meyer, 2004; Zhou, Li, & Tse, 2002), particularly in contexts with weak institutional markets (Stoever, 2005). Countries that are able to attract FDI can increase local productivity and quality of jobs, increase per‐capita income, and improve working conditions; all of which are indicative of a positive climate for investment and business.…”
Section: Theory Development and Hypothesesmentioning
confidence: 99%
“…We examine contagion effects arising from contextual factors that may moderate the influence of an MFI's knowledge support to encourage entrepreneurship on the MFI's costs of operating at the BoP. For instance, FDI has been shown to play an important role in the economic development and national welfare of the recipient country (Hu & Jefferson, 2002; Meyer, 2004; Zhou, Li, & Tse, 2002), particularly in contexts with weak institutional markets (Stoever, 2005). Countries that are able to attract FDI can increase local productivity and quality of jobs, increase per‐capita income, and improve working conditions; all of which are indicative of a positive climate for investment and business.…”
Section: Theory Development and Hypothesesmentioning
confidence: 99%
“…One of the first policy effects of the event was to promote the Korean government to promptly open its door to MNEs by drastically changing its attitude towards FDI (Stoever, 2005). Consecutively, Korea has recently experienced a dramatic rise in FDI, and the inflow of foreign investments has significantly changed the business environment in the country.…”
Section: Research Contextmentioning
confidence: 99%
“…Although the role of FDI in Korean economic development was minimal, the country achieved surprisingly fast economic growth, and thus it was often referred to as a Han-river miracle or an Asian tiger. However, the Asian crisis, which initially was triggered by the collapse of Thailand's currency, rapidly spread to other Asian countries, including Korea (Stoever 2005). The disappointment of foreign investors in the Korean economy yielded serious problems, such as collapse in share prices on the Seoul stock market, a significant increase in corporate bankruptcy, and the subsequent growth of unemployment.…”
Section: Introductionmentioning
confidence: 99%