Advanced Search
MyIDEAS: Login

Risks in the North Korean Special Economic Zone: Context, Identification, and Assessment

Contents:

Author Info

  • Sung-Hoon Lim
Registered author(s):

    Abstract

    This paper examines the key factors (firm-specific conditions, political risk, and countermeasures for reducing political risk) affecting the risk assessment of the Kaesong Industrial Complex, a North Korean special economic zone extremely sensitive to the North Korean nuclear issue. The empirical results suggest that of the foreign firms operating in Kaesong, those with a structure sufficiently flexible to cope with the rising cost of labor are more likely to face higher levels of political risk. In addition, investment decisions involving high levels of political risk are closely related to company strategies such as minimizing the initial investment and deploying a dual-plant strategy.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://mesharpe.metapress.com/link.asp?target=contribution&id=374PW66903157111
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by M.E. Sharpe, Inc. in its journal Emerging Markets Finance and Trade.

    Volume (Year): 47 (2011)
    Issue (Month): 1 (January)
    Pages: 50-66

    as in new window
    Handle: RePEc:mes:emfitr:v:47:y:2011:i:1:p:50-66

    Contact details of provider:
    Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=111024

    Related research

    Keywords: foreign direct investment; North Korea; northeastern Asia; political risk; risk assessment; special economic zone;

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:mes:emfitr:v:47:y:2011:i:1:p:50-66. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Nguyen).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.