Abstract
Since 2000, Korea's trade volume with North Africa has increased to over $15 billion and a trade surplus of $7 billion. However recent political unrest across North Africa, especially in Algeria, Morocco and Tunisia, could threaten to significantly impact Korea's trade, investment and diplomatic activities across the region. As economists have long established the relationship between political stability, economic growth and foreign direct investment, this study performs a deep horizon scan on domestic political stability in Algeria, Morocco and Tunisia. We use an agent based computational economics (ACE) model called SENTURION to anticipate likely political stability outcomes, scenarios and potential macroeconomic impact. We then offer specific policy and investment advice for Korean business, trade and investment activities in each country, focusing on risk, sectoral and investment strategies given likely political and macroeconomic performance and resiliency in each country.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
