GLOBAL GOVERNANCE

GLOBAL GOVERNANCE

Write it and add some about (the goal of the research and justification and theoretically )In the last four decades , the use of qualified labor , and the influx of foreign capital , export promotion , and government leadership led to strong economic growth in South Korea . It is among the sixties of the last century, the government adopted a policy of direct exports to increase access to global markets for Bnaoua on import substitution policy adopted in the period from 1953-65 AD . It was the Korean experience in economic development , one of the success stories on the continent of Asia, where it contributed to the economic development strategy of opening- East , which is considered as an export engine of growth , to a large extent in the great transformation of the Korean economy .

Recently, however the majority of south Korean manufacturers have prefer to run there factory overseas, where they are pessimistic about the circumstances of a local business,
The poll , which included 700 companies with factories abroad , conducted by the Korea Chamber of Commerce and Industry (KCCI), that about 80 % of the companies surveyed said that , if the working conditions for the operation of their plants are more appropriate in the outside of the home .

In particular, said about 1.5 % of these companies that they intend to transfer their factories abroad to home in the near future .

The Korean companies that do not have the desire to bring their plants from the outside once again and represent the majority to rising wages and strained relations between workers and management as the biggest reasons for their reluctance..

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The average number of overseas factories run by South Korean manufacturers are only two manufacturers, while the proportion of 87.8 % of the overseas factories are located in emerging countries , including China , and the rest in developed countries like the United States .

The 60% ??of South Korean companies are run factories abroad in an effort to reduce costs and frequenting new markets .
all that facts create an important question in my head?
which is Under the transformation countries into the world of one (Globalization)

As I mentioned earlier, most Korean companies prefer to run their factories overseas, but if the countries have got any conflicts or war between the two countries
the research question is
What are the economic implications for both countries and the world economy, as well as what are the ways and solutions to find a quick alternative to the consumer goods with the same quality and the costs involved?
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