Foreign Direct Investment In KOREA
1. Change from "Control and Regulation" to "Promotion and Support"
Promotional efforts by the Korean government obtained the first inflows of foreign capital in 1962. Following its initial success, the government was somewhat passive about inducing further inflows for quite a while, being afraid that multinational enterprises would dominate most lucrative sectors of the domestic economy. At the same time, foreign capital gained by loan inducement seemed much easier to control than direct foreign investment. This growth policy of preferring foreign debts to investment continued until the ea…
- Business Management
Explain the functions of Human resource management
- Foreign Direct Investment In KOREA
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