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Does the Korean Economy Depend Too Much on Samsung?
Region: Asia
Theme: Economics
Location: Korea, South
Published October 20, 2015
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KEI is proud to release newest work in its Academic Paper Series, Does the Korean Economy Depend Too Much on Samsung? by Dr. Hyoung Tae Kim.

In his most recent work, Dr. Kim analyzes whether reliance on Samsung Electronics constrains growth and constitutes significant systemic risk to the South Korean economy through the introduction of a Systemically Important Corporation (SICO) framework, mirroring the Financial Stability Board’s Systemically Important Financial Institution (SIFI) classification for financial institutions. He also presents an innovative approach to identifying why Samsung’s main lines of business have been successful in South Korea and provides recommendations to diversify away from Samsung to industries with similar characteristics in order to foster greater growth of the South Korean economy.

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