Economic Development Futures Journal

Sunday, December 07, 2003

counter statistics

Korea Struggling to Restore Investor Confidence

Things have not been so good in Korea in recent years. What looked to be the Japanese economic miracle all over again, has turned into a not so pretty economic tail spin in Korea in the past 5-7 years.

Read between the lines in this Korean newspaper article. Basically it says that the Korean Government is looking to deepen incentive subsidies to firms that invest in the country in the future.

Korea, like many other countries, is finding China and India to be very hard to compete with.

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