@article{ART003117606},
author={이기영 and Moonsoo Yang},
title={The Impact of Joining International Financial Institutions on Foreign Direct Investment: Implications for North Korea},
journal={The Journal of Northeast Asia Research},
issn={2005-4432},
year={2024},
volume={39},
number={2},
pages={165-199},
doi={10.18013/jnar.2024.39.2.005}
TY - JOUR
AU - 이기영
AU - Moonsoo Yang
TI - The Impact of Joining International Financial Institutions on Foreign Direct Investment: Implications for North Korea
JO - The Journal of Northeast Asia Research
PY - 2024
VL - 39
IS - 2
PB - The Institute for Northeast Asia Research
SP - 165
EP - 199
SN - 2005-4432
AB - This paper investigates the economic impact of joining international financial institutions by examining the correlation between membership in such institutions and Foreign Direct Investment (FDI) inflows through linear regression analysis. The research findings statistically confirm that joining international financial institutions generally tends to increase foreign direct investment. Therefore, North Korea’s accession to international financial institutions is expected to send a positive signal to global investors. However, the correlation analysis of membership and FDI inflows by country types reveals that the bright prospects of North Korea’s membership in international financial institutions are not universal. When classifying countries based on political regime, transition countries, income levels, economic freedom, and the Heavily Indebted Poor Countries (HIPC) Initiative, it becomes challenging to obtain results supporting the hypotheses of this paper within each category to which North Korea belongs to currently. This study recognizes the limitation that the anticipated economic effects of North Korea’s membership in international financial institutions may not materialize in the short term without fundamental changes in its political-economic institutions or environment. Consequently, expectations regarding North Korea’s accession to international financial institutions require a more cautious approach.
KW - North Korea;International Organizations;International Financial Institutions;Foreign Direct Investment(FDI)
DO - 10.18013/jnar.2024.39.2.005
ER -
이기영 and Moonsoo Yang. (2024). The Impact of Joining International Financial Institutions on Foreign Direct Investment: Implications for North Korea. The Journal of Northeast Asia Research, 39(2), 165-199.
이기영 and Moonsoo Yang. 2024, "The Impact of Joining International Financial Institutions on Foreign Direct Investment: Implications for North Korea", The Journal of Northeast Asia Research, vol.39, no.2 pp.165-199. Available from: doi:10.18013/jnar.2024.39.2.005
이기영, Moonsoo Yang "The Impact of Joining International Financial Institutions on Foreign Direct Investment: Implications for North Korea" The Journal of Northeast Asia Research 39.2 pp.165-199 (2024) : 165.
이기영, Moonsoo Yang. The Impact of Joining International Financial Institutions on Foreign Direct Investment: Implications for North Korea. 2024; 39(2), 165-199. Available from: doi:10.18013/jnar.2024.39.2.005
이기영 and Moonsoo Yang. "The Impact of Joining International Financial Institutions on Foreign Direct Investment: Implications for North Korea" The Journal of Northeast Asia Research 39, no.2 (2024) : 165-199.doi: 10.18013/jnar.2024.39.2.005
이기영; Moonsoo Yang. The Impact of Joining International Financial Institutions on Foreign Direct Investment: Implications for North Korea. The Journal of Northeast Asia Research, 39(2), 165-199. doi: 10.18013/jnar.2024.39.2.005
이기영; Moonsoo Yang. The Impact of Joining International Financial Institutions on Foreign Direct Investment: Implications for North Korea. The Journal of Northeast Asia Research. 2024; 39(2) 165-199. doi: 10.18013/jnar.2024.39.2.005
이기영, Moonsoo Yang. The Impact of Joining International Financial Institutions on Foreign Direct Investment: Implications for North Korea. 2024; 39(2), 165-199. Available from: doi:10.18013/jnar.2024.39.2.005
이기영 and Moonsoo Yang. "The Impact of Joining International Financial Institutions on Foreign Direct Investment: Implications for North Korea" The Journal of Northeast Asia Research 39, no.2 (2024) : 165-199.doi: 10.18013/jnar.2024.39.2.005
