India Unemployment rate: 10.7%
Korea Unemployment rate: 4.1%
India Population below poverty line: 25%
Korea Population below poverty line: 15%
India Inflation rate (consumer prices): 10.7%
Korea Inflation rate (consumer prices): 2.8%
IndiaInvestment (gross fixed): 32.1% of GDP
Korea Investment (gross fixed): 28.2% of GDP
India Public debt: 59.6% of GDP
1. Country Analysis
(1) Cultural & Sociological Factor
The culture of India has been shaped not only by its long history, unique geography and diverse demography, but also by its ancient heritages, which were formed during the Indus Valley Civilization and evolved further during the Vedic age, rise and decline of Buddhism, the Golden age, invasions from Central Asia, European colonization and
Indian retail chains. So to ease up the opposition Wal-Mart sought another way to enter the Indian market. Wal-Mart found an open backdoor forming a joint venture with Bharti to supply back-end supply chain technology and related processes. Bharti will handle the front-end of owning and running the stores, which are likely to be co-branded. Media reports put Wal-Mart’s initial investment in the
India’s side
-One of the OECD countries
-To take the initiative in diplomatic negotiations with Japan and China
-To take the advantageous position first for the next FTA with EU and Japan
-To create economic superpower and expand economic influence in the world
South Korea’s side
-The second most populous country
-One of the BRICs country
-Economy based on foreign investment
-The T
invest in a country then own the facilities; the investor by virtue of its ownership can control decisions about how many people to employ, whether to expand or shut down, what products to make, and how to market them. Also, the foreign investor can usually take the profits from the operation out of the country(repatriation of profits). However, the host government can share in the wealth by char