초록 열기/닫기 버튼
Since 1997 Korea has liberalised the FDI regime up to the level of other OECD countries and undertaken all-out efforts to attract FDI. Nevertheless, the magnitude of FDI in Korea is smaller than a level comparable internationally. In particular, Australian direct investment in Korea is dismally low. This paper attempts to address the issue of flagging FDI in Korea by means of a comprehensive survey of Australian companies in Korea. According to the survey results, Australian firms undertook investment in Korea in order to capitalise on the emerging business opportunities by means of their firm-specific advantages. Notwithstanding the liberalisation of the FDI regime and the structural reforms of the Korean economy since 1997, Australian business expatriates indicate that there is substantial room for improvement in the areas of government regulations and the business environment. To further attract FDI, Korea should undertake an across-the-board liberalisation and concerted efforts.
키워드열기/닫기 버튼
Foreign Direct Investment, Australian Investment in Korea, Government Regulations, Business En-vironment
