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Legal infrastructure for foreign investment

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Frame of Image  University Youngjoon Kwon, Professor, Seoul National University In-Sook Shim, Professor, Chung-Ang University
Advisory
	 i-young Lee, Prosecutor, Ministry of Justice (MOJ) G Sang-yeop Gu, Prosecutor, Ministry of Justice (MOJ)
Research Management
Korea Development Institute (KDI) School of Public Policy and 	 Management
Supported by
Ministry of Strategy and Finance (MOSF), Republic of Korea
Government Publications Registration Number 11-1051000-000176-01 ISBN 978-89-93695-31-1 94320 ISBN 978-89-93695-27-4 [SET 40] Copyright © 2012 by Ministry of Strategy and Finance, Republic of Korea
Government Publications Registration Number 11-1051000-000176-01
Knowledge Sharing Program
2011 Modularization of Korea’s Development Experience
Legal Infrastructure for Foreign Investment
Preface
The study of Korea’s economic and social transformation offers a unique opportunity to better understand the factors that drive development. Within one generation, Korea had transformed itself from a poor agrarian society to a modern industrial nation, a feat never seen before. What makes Korea’s experience so unique is that its rapid economic development was relatively broad-based, meaning that the fruits of Korea’s rapid growth were shared by many. The challenge of course is unlocking the secrets behind Korea’s rapid and broad-based development, which can offer invaluable insights and lessons and knowledge that can be shared with the rest of the international community. Recognizing this, the Korean M


Full Text
Title Legal infrastructure for foreign investment
Similar Titles
Project Category Development Cases
Material Type Reports
Author(English)

Kwon, Youngjoon; Shim, In-Sook

Publisher

Seoul:KDI School of Public Policy and Management

Date 2012
Project Development Cases
Series Title; No Knowledge Sharing Program: KSP Modularization
ISBN 978-89-93695-31-1; 978-89-93695-27-4 [SET 40]
Pages 124
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Others
Government and Law < Laws and Legislation
Holding KDI School of Public Policy and Management
Supervisor KDI School of Public Policy and Management
Organizer Ministry of Justice; Seoul National University; Chung-Ang University
Sponsor Ministry of Strategy and Finance
Project Term 2011-01-01 ~ 2011-12-31

Abstract

A legal Infrastructure plays a significant role in investment. Investors risk their financial resources as they involve themselves with investment-related activities. To minimize risks, investors check the soundness of the legal infrastructure that governs their economic activities. Therefore, a sound legal infrastructure is a prerequisite in attracting investment. The need for a more reasonable legal infrastructure becomes even more eminent when it comes to the matter of foreign investment. Since foreign investors are not familiar with investment environment of the nation they seek to invest in, they heed more to the wholesomeness of the legal infrastructure of the nation. This shows the close inter-relationship between a legal infrastructure and investment. Given the importance of a legal infrastructure for investment, this paper aims to examine the legal infrastructure for foreign investment in Korea.
As can be inferred by the term “infrastructure,” this paper mainly concentrates on basic and fundamental legal frameworks rather than specific legal details relating to foreign investment. (The rest omitted)

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