Research Catalog

Title

Enhancing the Globalisation of Korea [electronic resource] / Randall Jones and Taesik Yoon

Author

Jones, Randall.

Publication

Paris : OECD Publishing, 2008.

Details

Additional Authors

Yoon, Taesik.

Description

39 p.; 21 x 29.7cm.

Summary

Globalisation through foreign direct investment (FDI), international trade and international movements of labour is a key force driving economic growth. Although Korea has become more integrated in the world economy over the past decade, it still ranks low in terms of import penetration, the stock of inward FDI relative to GDP and foreign workers as a share of the labour force. A number of policy reforms would help Korea make greater use of goods, services, capital and human resources from abroad: i) reducing barriers to FDI, including foreign ownership limits in some sectors; ii) focusing on attracting FDI by improving the business and living environment rather than through special zone schemes; iii) reducing import barriers, particularly in agriculture, through multilateral trade negotiations and WTO-consistent regional trade agreements; iv) relaxing product market regulations, notably in services; and v) easing controls on and facilitating the inflow of both low and high-skilled workers.

Series Statement

OECD Economics Department Working Papers, 1815-1973 ; no.614

Uniform Title

OECD Economics Department Working Papers, no.614.

Subject

• Economics
• Korea, Republic of

LCCN

10.1787/241606341724

OCLC

oecd-lib-002933

Author

Jones, Randall.

Title

Enhancing the Globalisation of Korea [electronic resource] / Randall Jones and Taesik Yoon

Imprint

Paris : OECD Publishing, 2008.

Series

OECD Economics Department Working Papers, 1815-1973 ; no.614

OECD Economics Department Working Papers, 1815-1973 ; no.614.

Connect to:

http://dx.doi.org/10.1787/241606341724

Indexed Term

Economics

Korea, Republic of

Added Author

Yoon, Taesik.

Other Standard Identifier

10.1787/241606341724 doi