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Germany has always been one of the major direct investment destinations for Korean multinational enterprises (MNEs) within Europe. However, along with the internationalization of Korean firms, the motives and patterns for direct investments have changed. This paper discusses the development of...
Persistent link: https://www.econbiz.de/10010302289
Based upon the sample of 419 MNCs' subsidiaries in Korea, we examined the country of origin effect in the choice of MNCs' HRM strategy: transplantation, localization, and mixed. A multinominal logit regression analysis showed that there is an important country of origin effect in the choice...
Persistent link: https://www.econbiz.de/10010318067
Volksrepublik China gewinnen neben einigen kleineren asiatischen Schwellenländern eine zunehmende Bedeutung im globalen … insbesondere die internationale Vernetzung des südkoreanischen Innovationssystems deutlich verbessern soll. Die VR China hat erst … China acquire an increasing importance in the global location competition besides some smaller Asian threshold economies …
Persistent link: https://www.econbiz.de/10010377829
Schneller als vielfach erwartet findet die Weltwirtschaft den Weg aus der großen Krise. Dabei erweisen sich die asiatischen Staaten als besonders dynamisch. Amerika will durch eine Steigerung seiner Exporte Anschluss halten. Nach dem Scheitern der Doha-Runde stellt sich die Frage, ob bilaterale...
Persistent link: https://www.econbiz.de/10011602190
This paper attempts at characterising South Korean monetary policy in the period of explicit inflation targeting started in 1999. We explain Korean interest rates in relation to an estimated macro-model, assuming that monetary policy is set optimally. This allows us to obtain the central...
Persistent link: https://www.econbiz.de/10011605050
This paper gives an account of the financial crisis that took place in Korea from the point of view of the Korean population using survey data collected in 1998 and 1999. Although both, internal and external factors were blamed as causes, domestic factors were considered to be of greater...
Persistent link: https://www.econbiz.de/10010265734
This paper presents an heuristics of economic action in South Korea which is based on a qualitative study conducted on-site. It focuses on the idea of experience-near concepts - as introduced by Clifford Geertz - and is verbalised by the terms affiliation, indebtedness and mediation. The...
Persistent link: https://www.econbiz.de/10011422125
We provide a novel empirical analysis of the South Korean credit market that reveals large volumes of excess credit since the late 1970s, indicating that a sizeable proportion of total credit was being used to refinance unprofitable projects. Our findings are consistent with theoretical...
Persistent link: https://www.econbiz.de/10010284811
only limited leeway in its foreign policy. Accordingly, it must constantly maneuver between its larger neighbors: China …
Persistent link: https://www.econbiz.de/10010287003
Persistent link: https://www.econbiz.de/10011695916