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European integration and foreign direct investment in the EU
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ISBN: 041516303X 1134714394 020327430X 020319599X 1280336110 0429229488 9780203274309 9780415163033 9780203195994 9781134714391 9786610336111 6610336113 9781134714346 1134714343 9781134714384 1134714386 9781280336119 9780429229480 Year: 1998 Volume: 10 Publisher: London New York Routledge

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Abstract

This book addresses the fundamental question why and under which conditions Korean firms increased their investment so heavily in the EU after 1986 and why they and not the Korean government took the initiative in the decision-making process. The author contends that the main reason for the firm's departure from government policy is the belief of the Korean government that national competitiveness, which largely affects the country's standard of living, is determined by the success of local firms in global competition. The author substantiates his argument by supplying comprehensive survey

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