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PART I THE INTERNATIONAL BUSINESS ENVIRONMENT IN KOREA 1 Business opportunities: Korea's economic prospects 13 2 An assessment of political risk of Korea: inter-Korea economic relations, politics and state-business relations 34 3 Korean society and culture in transition 64 4 Configuration of the Korean market in transition 86 5 Foreign direct investment in Korea: changes in the regime and prospects 114 PART II BUSINESS OPERATION AND MANAGEMENT IN KOREA 6 Business negotiation in Korea: cross-cultural aspects 141 7 Business ethics in Korea 163 8 The Korean management system in transition 184 9 Korea's labor market and human resource management in transition 203 10 International joint ventures in Korea: salient characteristics and management 231