We fully expect that our sales to Korea will decline as a result of economic recession. But this decline should be a result of market conditions only, not deliberate efforts to discourage buying of foreign goods. Some have already done so. Some are ready to do so under the right conditions. And still others are out there waiting a bit longer to be certain that the economic situation has stabilized.
Foreign investment takes time.
It does not happen overnight no matter how good the environment is. I recognize, however, that Korean economic reform and restructuring will involve more than economic theory and abstract academic models. They will involve people, and for people, change inevitably produces anxiety and sometimes pain. But whether we like it or not, change is virtually the only constant in a modern economy. The only alternative to change is stagnation.