Political Economy Analysis Of The Rising Of South Korean Property Industry:Push & Pull Factors Of Property Industry Capital Movement Of Korea to Us

Mulyaman, Darynaufal and Purwatama, Prima M. (2020) Political Economy Analysis Of The Rising Of South Korean Property Industry:Push & Pull Factors Of Property Industry Capital Movement Of Korea to Us. Jurnal Asia Pacific Studies, 4 (2). pp. 112-129. ISSN 2580 7048

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Abstract

Korea is a country that once full of doubts. As time goes by, every sector from Korea are turns out to be huge achievements of the Korean people. Korean pop culture for instance, becomes a crucial driver for Korean economy. Not only Korean pop culture, recently property investor from Korea also becomes a big player in the US, and moreover in the global stage. New study also tells that Korea as global property industry player could exceed China as China‟s economy slowing down. Therefore, question how can South Korea's property industry sectors thrive overseas, such as in the U.S.? Arises. This paper would explain the factors behind South Korean property industry performance in US, including push and pull factors through a scope of global capital movement paradigm. Meaningful government supports, big possibilities, and a good investment climate for South Korean property industry plus the right global demands could be some factors behind the rising of South Korean property industry, especially in the US. Keywords: Korea, Property, Industry, Push and Pull Factors, Global Capital Movement / Korea adalah negara yang pernah penuh dengan tanda tanya. Seiring berjalannya waktu, setiap sektor dari Korea ternyata menjadi pencapaian besar masyarakat Korea. Budaya pop Korea misalnya, menjadi pendorong penting bagi perekonomian Korea. Tidak hanya budaya pop Korea, baru-baru ini investor properti dari Korea juga menjadi pemain besar di AS dan panggung global. Studi baru juga mengatakan bahwa Korea sebagai pemain industri properti global bisa melebihi Cina yang mana ekonomi Cina sedang melambat. Oleh karena itu, pertanyaan seperti bagaimana sektor industri properti Korea Selatan dapat berkembang di luar negeri, seperti di AS? Pun muncul. Penelitian ini akan menganalisis performa sektor industri properti Korea Selatan di industri properti AS. Penelitian ini jug akan menjelaskan faktor di balik kinerja industri properti Korea Selatan di AS, termasuk faktor pendorong dan penarik melalui ruang lingkup gerakan modal global. Dukungan pemerintah yang bermakna, kesempatan yang besar, dan iklim investasi yang baik untuk industri properti Korea Selatan ditambah tuntutan global yang tepat bisa menjadi beberapa faktor dibalik meningkatnya industri properti Korea Selatan di AS. Kata Kunci: Korea, Properti, Industri, Faktor Pendorong dan Penarik, Perpindahan Modal Global

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