Korean trade policy evolution starting from 1960s until present: Lessons for Uzbekistan
- 주제(키워드) International Trade Policy
- 발행기관 아주대학교
- 지도교수 Kim, Han Sung
- 발행년도 2017
- 학위수여년월 2017. 2
- 학위명 석사
- 학과 국제대학원 국제통상학과
- 실제URI http://www.dcollection.net/handler/ajou/000000024002
- 본문언어 영어
- 저작권 아주대학교 논문은 저작권에 의해 보호받습니다.
초록/요약
Abstract This paper analyzes Korean trade policy evolution starting from the 1960s until present and includes the tariff and import liberalization processes. The government in initiating trade policies and its relationship with businesses were the main elements of the success stories in economic development. The factors affecting the government and other decision-makers have shown that the Korean government acted efficiently due to its speedy and flexible decision making process. Each decade has had unique characteristics in terms of development and trade policy improvement. After three decades of growth and development, Korea's accession to the WTO in 1990s was a turning point in trade policy evolution. Nowadays Korea is among the developed countries as a member of the OECD and could overcome several financial and economic crises through its proven flexibility and effectiveness. This paper attempts to summarize the factors that influenced the trade policy shifts and changes in the Korean economy. Several recommendations for Uzbekistan for further economic development and strategic planning will be provided based on Korean economic development history.
more목차
Table of Contents
1. Introduction 1
2. Literature Review 3
3. Evolutionary Steps of Korean Trade Policy 6
3.1 Import Substitution Policy, 1953-1961 7
3.2 Export Promotion Policy, 1962-1972 10
3.3 Heavy and Chemical Industry Drive, 1973-1979 15
3.4 Import Liberalization and Industrial Rationalization, 1980-1994 19
3.5 Towards a Freer Trade Regime, 1995 - present 27
4. The Case of Uzbekistan 33
4.1 Overview of the Uzbek Economy 33
4.2 Trade Policy of Uzbekistan 38
4.2.1 MFN and FTA 38
4.2.2 The Current State of Accession of Uzbekistan to the WTO 39
4.2.3 Customs and Tariff Regulation 39
4.2.4 Import Substitution Policy, Localization 40
4.2.5 Export Promotion Policy, Privileges and Preferences to Exporters 40
4.2.6 Tight foreign exchange controls 42
5. Similarities and Differences between Korean and Uzbek Economies 44
5.1 Similarities between Korean and Uzbek Economies 44
5.2 Differences between Korean and Uzbek Economies 46
5.3 Possible Recommendations for Uzbekistan 48
6. Conclusions 52
REFERENCES 56
