A01=Bernie Bishop
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Author_Bernie Bishop
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Bureaucratic Capacity
Business Korea
Category1=Non-Fiction
Category=JPQB
Category=KCLT
Category=KCM
Category=KCZ
Category=KFFM
Chun Doo Hwan
Chun Regime
Colonial Administration
COP=United Kingdom
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developmental state theory
East Asian economies
Economic Planning Board
economic policy analysis
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eq_business-finance-law
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eq_nobargain
eq_non-fiction
eq_society-politics
Firm Specific Interventions
foreign direct investment policy
Foreign Firms
Foreign Investment Policies
Free Market Advocates
institutional reform
International Competitiveness
Kim Administration
Kim Young Sam Government
Korea's Major Trading Partner
Korean Developmental State
Korean Firms
Korean policy
Language_English
Local Firms
market driven approach
market orientated strategy
MOF
PA=Temporarily unavailable
Park Era
Park Regime
Park's Recruitment
policy transition challenges
Price_€20 to €50
PS=Active
public sector governance
Roh Tae Woo
Societal Groups
softlaunch
state intervention in South Korea
State's Political Capacity
Top Policy Makers
Product details
- ISBN 9781138313262
- Weight: 249g
- Dimensions: 152 x 219mm
- Publication Date: 30 Jun 2020
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
- Language: English
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Published in 1997, 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.
