Political economy of Korean and Japanese foreign direct investment

South Korean foreign direct investment (FDI) was almost non-existent between the 1960s and early 1980s. Hence, the emergence of South Korea in the 1990s as one of the largest capital exporters in the global market, particularly in the Asian region is a new and significant phenomenon. The author chal...

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Veröffentlicht in:Journal of contemporary Asia
1. Verfasser: Lee, You-il (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 1999
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Zusammenfassung:South Korean foreign direct investment (FDI) was almost non-existent between the 1960s and early 1980s. Hence, the emergence of South Korea in the 1990s as one of the largest capital exporters in the global market, particularly in the Asian region is a new and significant phenomenon. The author challenges a popular assumption that South Korea has been refining and perfecting the Japanese FDI model. He notes that the Japanese government intervention in the economy (1955-1970) had concentrated on higher levels of industrial sophistication and economic efficiency. The author notes that the unique Japanese-style capitalism is what distinguishes the Japanese model from South Korea's. (DÜI-Sen)
Beschreibung:In: Journal of contemporary Asia
ISSN:0047-2336