Korea's liberalization policy directives and Korea's weakening competitiveness |
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Authors: | Yang Taek Lim |
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Institution: | Yang Taek Lim ? Hanyang University, College of Business and Economics, Department of Economics, 17 Haengdang-Dong, Seongdong-Gu, Seoul 133-79, Korea. |
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Abstract: | Recently, Korea's export growth rate is decreasing and its trade level staggering. Since Korea has few natural resources and is highly dependent on trade, this recent trend signals a serious problem lying ahead. In this paper, we look at internal and external factors weakening Korea's competitiveness in the world market and suggest liberalization policy guidelines to improve its competitiveness. |
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Keywords: | JEL classification: F4 O1 O5 |
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