Headline grabbing rallies against American beef imports last year cast doubt for some observers over the image of South Korea as a dynamic, outward-looking member of the international economic community. The Korean government, eager to portray South Korea as friendly to foreign business, is now facing a multi-year decline in Foreign Direct Investment in the wake of domestic protests and a series of highly publicized investigations and court cases against American companies.
Korean stock market specialist Henry Seggerman contends that protectionist government policies and popular sentiment have inflicted harm on Korea’s economic development. Seggerman will discuss Korean protectionism in the context of the current worldwide financial crisis, free trade opponents in the United States, and lessons learned from the protectionist backlash to the 1929 Stock Market Crash.
Wednesday February 25, 2009
The Perils of Protectionism: Korea's Foreign Investment Challenge
with
Henry Seggerman
Manager
Korea International Investment Fund
