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Going Multinational: The Korean Experience of Direct Investment (Routledge Studies in Global Competition)

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 | #3129456 in eBooks |  2013-01-11 |  2013-01-11 | File type: PDF

||About the Author|Frederique Sachwald is Head of Economic Studies at IFRI, Paris, (French Institute for International Relations) and an affiliated professor at University Paris XIII. She has been published extensively on multinationals and cooperative alliances b

At the beginning of the 1990s, Korean firms embarked on an impressive wave of direct investment abroad. This dramatic multinationalization was considered as yet another sign of Korea's remarkable economic performance, especially as a high proportion of the foreign ventures were located in advanced countries. But this unbalanced quest for globalization actually tested the 'Korean model' to its limits; after the 1997 crisis a new policy prepared the way for a surge of inwa...

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