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This paper examines the role of foreign capital in the economic development process of the Korean economy since the early 1960s until 2000. The paper, first, review the history of foreign capital inflow into Korea, along with the evolution of the government policies on inducing foreign capital,...
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The negative impact on Korea's growth from the slump in global investment cannot be overlooked. Analysis reveals that shrinking global investment has a large negative impact on the Korean economy, as Korea's GDP dependence on global investment demand is higher than other countries.Korea's...
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The purpose of this study is to investigate the impact of corporate internationalization, governance structures, and legal protections on the foreign earnings response coefficient (FERC). The FERC is a measure of the value-relevance of foreign earnings. We collected data on 3653 Taiwanese firms...
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This paper analyzes new outward foreign direct investment (OFDI) patterns, OFDI performance after the financial crisis in Korea, and the anticipated impact of these changes in OFDI on the Korean economy. This paper examines current trends in Korean OFDI activities from various viewpoints,...
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There have been rising concerns about the sluggish recovery of domestic corporate investment. As one of the factors in the national account, corporate investment affects the current economic status by creating jobs, increasing income, and thus stimulating consumption. Also, it affects potential...
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