콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Economic Conditions

Print

Inward FDI regime and some evidences of spillover effects in Korea

Related Document
Frame of Image


Full Text
Title Inward FDI regime and some evidences of spillover effects in Korea
Similar Titles
Material Type Reports
Author(English)

Kim, June-Dong

Publisher

[Seoul]:Korea Institute for International Economic Policy

Date 1999
Series Title; No KIEP Working Paper / 99-09
ISBN 89-322-4052-3
Pages 64
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Economic Conditions
Holding KIEP; KDI School

Abstract

This paper seeks to document Korea's inward foreign direct investment regime and some evidences of its spillover effects. Since the financial crisis of the late 1997, the Korean government started to actively promote inward foreign direct investment (FDI). In November 1998, the Korean government enacted the Foreign Investment Promotion Act. This new legislation focuses on creating an investor-oriented policy environment by streamlining foreign investment procedures, strengthening investment incentives and establishing an institutional framework for investor relations, including a one-stop service. The Korean government also undertook full-fledged liberalization in the area of hostile cross-border M&A and foreign land ownership. (The rest omitted)