Capital strike
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Capital strike refers to the withholding of new investment in an economy. A capital strike most often occurs where governments pursue policies that investors consider "unfriendly" or "inflexible."
In response, governments typically act to appease investors; however, governments committed to endogenous development (recently, in Latin America) occasionally refuse to capitulate and instead pursue economic development plans which utilize other resources.
[edit] See also
[edit] External links
- Employers Threaten Walkout Chosun Ilbo February 9, 2006