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韩国经济学的留学生Economics Essay [8]

论文作者:英语论文论文属性:短文 essay登出时间:2014-11-12编辑:yangcheng点击率:19666

论文字数:7172论文编号:org201411102347279119语种:英语 English地区:韩国价格:免费论文

关键词:韩国经济关系经济学留学生论文Economics Essay

摘要:本文是一篇韩国经济学的留学生Economics Essay,在70年代初期,西方和东方之间的敌意也开始慢慢融化。促进和平精神的浪潮在国际社会中日益高涨,韩国和朝鲜迈出了温暖关系的步骤。

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Since the financial crisis in 1997, the Korean government has been active in its efforts to attract foreign direct investment to Korea; passage of the Foreign Investment Promotion Act in 1998 greatly facilitated these efforts. The Act opened up 99.8 percent of Korea's industries to foreign investment and provided significant protection for investors' interests. Under the Act, foreign investors also receive incentives including tax breaks, cash grants and affordable land.

 

To make Korea a more business-friendly country, the government has established a comprehensive action plan to improve the foreign investment environment; the plan is subject to review every three years. The Ministry of Knowledge Economy is taking the lead in implementing the plan in cooperation with 11 other ministries and eight government agencies.

 

From 2008-2010, Korea made outstanding achievements. Corporate taxes were reduced; a new system has been introduced to better protect intellectual property rights; administrative procedures have been streamlined, making it easier to establish an industrial complex; the maximum amount of foreign capital that can be lent or borrowed without the need to report the transaction has been increased; and international financial reporting standards have been adopted. At the same time, the living environment for foreign business people has improved significantly  there are more educational and healthcare facilities equipped to meet their needs, a more suitable processing system at customs for foreign business people living in or visiting

 

Many foreign-invested companies are conducting successful business in harmony with the Korean economy. The British retailer Tesco has done remarkably well in Korea. Tesco's Korean operations make up a third of the retailer's overseas sales. Another example of successful foreign investment is Standard Chartered First Bank (SC First Bank). Having first entered the Korean market in January 2005 following its US$3.3 billion acquisition of First Bank, SC First Bank has now become the largest foreign investor in Korea's financial sector. SC First Bank accounts for one-fifth of the Standard Chartered group's total assets. An additional US$900 million has been injected into the bank since 2005. SC First Bank's importance is evidenced by the fact that it is the only entity in the entire group that reports directly to the CEO of Standard Chartered - but those are just a few of the success stories.

 

Foreign Direct Investment (FDI)

 

Korea is home to some of the world's most successful industries. These include automobiles, steel, shipbuilding, semiconductors, displays and IT. Not only that, but Korea's construction companies are doing extremely well overseas. Audiences throughout the wider Asian region enthusiastically welcome Korean dramas and pop songs. And Korea's online gaming industry is now the second largest in the world. Clearly, investing in 论文英语论文网提供整理,提供论文代写英语论文代写代写论文代写英语论文代写留学生论文代写英文论文留学生论文代写相关核心关键词搜索。

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