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The Economic Effects of Multinational Corporation Withdrawal and Policy Implications

Author

Listed:
  • Han, Minsoo

    (Korea Institute for International Economic Policy)

  • Kim, Hyuk-Hwang

    (Korea Institute for International Economic Policy)

  • Choi, Hyelin

    (Soongsil University)

  • Park, Danbee

    (Korea Institute for International Economic Policy)

  • Kim, Jisu

    (Korea Institute for International Economic Policy)

Abstract

The shutdown of the GM Koreas Gunsan plant in May 2018 heightened social interest in the withdrawal of mutlinational corporations (MNCs). Against this backdrop, the forthcoming research The economic effects of multinational corporation withdrawal and policy responses studies the previous cases of MNC withdrawal, estimates the effects on labor market., and provides policy directions to address to the withdrawal. This note summarizes some of its important results.

Suggested Citation

  • Han, Minsoo & Kim, Hyuk-Hwang & Choi, Hyelin & Park, Danbee & Kim, Jisu, 2020. "The Economic Effects of Multinational Corporation Withdrawal and Policy Implications," World Economy Brief 20-8, Korea Institute for International Economic Policy.
    • Handle: RePEc:ris:kiepwe:2020_008
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    More about this item

    Keywords

    MNCs;

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

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