Does regionalism matter? Local politics and foreign direct investment in South Korea

Kim, Dong-Hun and Paek, Sunwoo,(2019), Does regionalism matter? Local politics and foreign direct investment in South Korea. , Asian Education and Development Studies, UNSPECIFIED

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Purpose – The purpose of this paper is to examine how political/authoritarian regionalism affects foreign direct investment (FDI) in sub-national states in South Korea. Design/methodology/approach – This paper employs statistical analysis to examine the relationship between regionalism and FDI, along with historical description of regionalism in South Korea. Findings – The analyses suggest that not only authoritarian regionalism influence foreign investment to the region but also political regionalism matters. Sub-national states with higher authoritarian regionalism receive less foreign investment while sub-national states with high political regionalism, which imply political stability, receive more FDI than others. Originality/value – The paper examined how local politics influence foreign investments in South Korea, and suggests stronger decentralization will positively influence FDI in the future.
Keywords : South Korea, Regionalism, Foreign direct investment, UNSPECIFIED
Journal or Publication Title: Asian Education and Development Studies
Volume: 8
Number: 3
Item Type: Article
Subjects: Ekonomi Pembangunan
Depositing User: Mohamad Sulamul Hadi
Date Deposited: 26 Dec 2019 13:18
Last Modified: 26 Dec 2019 13:18

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