Korean economy has confronted with another task in the applying process of his fifth fiveyear economic plan.
The primary task is to induce more foreign capital; this is very urgent and important issue in korean economy.
That is the reason why more...
Korean economy has confronted with another task in the applying process of his fifth fiveyear economic plan.
The primary task is to induce more foreign capital; this is very urgent and important issue in korean economy.
That is the reason why more questions are emerged in borrowing foreign capital and korea needs more foreign loan in his economic development activities.
After korean government officially announced the fourth stage driving direction in liberalization of capital, It expressed to achieve it’s goal in 1980’s.
From this turning point, I will study the strategies in liberalization of capital as follows;
Chapter 1. Conception arrangement
Chapter 2. Data Analysis
Chapter 3. Preceding conditions
Chapter 4. Experience of foreign countries
Chapter 5. Exhibition of capital liberalization policies
Chapter 6. Controversial problems and strategies
Chapter 7. Conclusion
I would like to explain these seven chapter as follows ;
1. The definition, importance and motivation of this problem are described in conception arrangement chapter.
2. Data Analysis chapter will deal with GNP, percapiter GNP, industrial structure, balance of payment, foreign exchange reserve, general, prices, prime, prime rate, export and import, capital market and listed limitted companies.
3. Preceding condition chapter will show ①Liberalization of trade ②Liberalization of foreign exchange ③ The stabilization of Balance of payment ④ Self-regulation of general prices, prime rate, foreign exchange, etc. ⑤ Foundation of capital market.
4. The background, process and future of liberalization in Japan and Brazil will be described in the experiences of foreign countries chapter.
5. The exhibition of liberalization chapter will be described as follows:
① Comparative study of three means; stocks, bonds and returning bond ② Driving directions of liberalization with questionaires to securities company.
6. Six controversial problems and several strategies are described in chapter 6.
7. In conclusion chapter, I will summarize as follows:
① The policies of the liberalization of capital must be treated cautiousely owing to the character of it’s irreversibility.
② Three stages must be classified in handling of returning bond of International investment.
③ The liberalization of capital will be possible at the time when economic movement will be developed by autonomous parameters.(prime rate, general prices, foreign exchange etc.)