「Korea's trade policy and performance in turbulent times」
●저자 : 강문성, 박인원
●학술지명 : The World Economy
●게재년월 : 2022년 8월
●링크: https://onlinelibrary.wiley.com/doi/abs/10.1111/twec.13331
[초록]
This paper is a complementary study to gain a better understanding of
Korea's recent trade performance in the context of the World Trade
Organisation's (WTO) 2021 Trade Policy Review (TPR) on Korea. The TPR noted that
Korea's external economic activities performed relatively well because Korea
was able to limit the negative impact of recent turbulence in the global trade
environment through enhanced regional cooperation and integration and reform
since the East Asian financial crisis of the late 1990s. In addition, Korea's
advanced information and communication technology has helped to mitigate
external influences emanating from the global turmoil in the era of
digitalisation. Evaluating Korea's recent trade performance, we found export's
declining contribution to output growth and increasing vulnerability to
external influences. Continuous efforts to widen and deepen regional
cooperation together with efforts to rebalance value-creation activities are
required.