Chapter 1. Introduction and OverviewIntroductionSpecial features of recent global FDI flows SummaryChapter 2. Koreaes Outward-looking Development Strategies, Dynamics of FDI Policy and Emerging Challenges Toward a Regional Business HubIntroductionEssence of Koreaes outward-looking development model and emerging challenges Shift in Koreaes FDI policy and FDI performance amid the Asian financial crisis (1998)Koreaes drive toward a regional business hubSummary Chapter 3. Case Stories of Grievance Resolutions for MNEs in KoreaIntroductionForeign Investment Ombudsman: organization and eligibilityDifficulties related to business permits, renewals, and factory constructionTaxation and custom tariffs raise frequent grievancesLabour relations cause serious grievances Outdated, opaque, and unregistered regulations continue to cause grievancesIncentive provisions contain problemsPreemptive outreach services for foreign investors? grievancesSummaryChapter 4. Facilitating FDI with Aftercare Ombudsman System and Policy ImplicationsIntroductionGlobal recognition of Koreaes Ombudsman system Koreaes challenges toward an FDI-friendly economy Policy implications for Koreaes drive to become a frontier high tech-economyPolicy implications for FDI-seeking economies Policy implications for GVC-intensive FDI post-Covid-19Conclusion and epilogue