| ID | 144903 |
| Title Proper | Why invest in North Korea? Chinese foreign direct investment in North Korea and its implications |
| Language | ENG |
| Author | Jung, Heon Joo ; Rich, Timothy S |
| Summary / Abstract (Note) | North Korea has been regarded as the least likely place to attract foreign investors due to its poor infrastructure, policy reversals, and totalitarian regime. However, the recent growth of Chinese direct investment in North Korea has drawn much attention due to its implications for the North Korean economy and regional stability. This research provides an analytical framework by considering two fundamental issues that any foreign investor takes into account when making an investment decision: property rights protection and profitability. It examines how recent changes have influenced these two issues, which, in turn, shaped the incentive structure of Chinese private investors. |
| `In' analytical Note | Pacific Review Vol. 29, No.3; Jul 2016: p.307-330 |
| Journal Source | Pacific Review Vol: 29 No 3 |
| Key Words | FDI ; China ; North Korea ; Foreign Direct Investment ; Property Rights ; Profitability |