POLICY OF FOREIGN ECONOMIC COOPERATION OF THE GOVERNMENT OF THE REPUBLIC OF KOREA WITH ASEAN
The Republic of Korea has achieved economic growth and development thanks to the benefits of trade liberalization within the framework of a multilateral trading system. However, it faced a new international trading environment with the emergence of neoprotectionism. Initially, neoprotectionism was p...
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| Format: | Article |
| Language: | English |
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Academy of Economic Studies of Moldova (AESM), Center for Studies in European Integration
2024-06-01
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| Series: | Eastern European Journal of Regional Studies |
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| Online Access: | https://csei.ase.md/journal/files/issue_101/EEJRS_Issue10.1_page-98-119.pdf |
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| author | Dok Hee OH Kyung Sook GIL |
| author_facet | Dok Hee OH Kyung Sook GIL |
| author_sort | Dok Hee OH |
| collection | DOAJ |
| description | The Republic of Korea has achieved economic growth and development thanks to the benefits of trade liberalization within the framework of a multilateral trading system. However, it faced a new international trading environment with the emergence of neoprotectionism. Initially, neoprotectionism was promoted by developed countries, but now it is becoming a common phenomenon in the international trading environment. In particular, the political and economic conflicts between the United States and China are forcing a radical change in the foreign trade policy of the Republic of Korea. The prolonged confrontation between the two largest markets for the South Korean economy has reinforced the need to review the foreign economic policy of the Government of the Republic of Korea. In response to changes in the international trading environment, the Government of the Republic of Korea was forced to develop and promote new directions of foreign economic policy for the development of the multilateral trading system. |
| format | Article |
| id | doaj-art-7736a178a0c24c708e452655bcc9da02 |
| institution | Matheson Library |
| issn | 1857-436X 2537-6179 |
| language | English |
| publishDate | 2024-06-01 |
| publisher | Academy of Economic Studies of Moldova (AESM), Center for Studies in European Integration |
| record_format | Article |
| series | Eastern European Journal of Regional Studies |
| spelling | doaj-art-7736a178a0c24c708e452655bcc9da022025-08-02T11:25:15ZengAcademy of Economic Studies of Moldova (AESM), Center for Studies in European IntegrationEastern European Journal of Regional Studies1857-436X2537-61792024-06-01198119https://doi.org/10.53486/2537-6179.10-1.06POLICY OF FOREIGN ECONOMIC COOPERATION OF THE GOVERNMENT OF THE REPUBLIC OF KOREA WITH ASEANDok Hee OH0https://orcid.org/0000-0002-4916-2217Kyung Sook GIL1https://orcid.org/0000-0002-9313-6796Institute of Economics of the National Academy of Sciences of BelarusBelarusian State UniversityThe Republic of Korea has achieved economic growth and development thanks to the benefits of trade liberalization within the framework of a multilateral trading system. However, it faced a new international trading environment with the emergence of neoprotectionism. Initially, neoprotectionism was promoted by developed countries, but now it is becoming a common phenomenon in the international trading environment. In particular, the political and economic conflicts between the United States and China are forcing a radical change in the foreign trade policy of the Republic of Korea. The prolonged confrontation between the two largest markets for the South Korean economy has reinforced the need to review the foreign economic policy of the Government of the Republic of Korea. In response to changes in the international trading environment, the Government of the Republic of Korea was forced to develop and promote new directions of foreign economic policy for the development of the multilateral trading system.https://csei.ase.md/journal/files/issue_101/EEJRS_Issue10.1_page-98-119.pdfmutually beneficial economic cooperationforeign economic policyneoprotectionismdeglobalizationglobal value chain |
| spellingShingle | Dok Hee OH Kyung Sook GIL POLICY OF FOREIGN ECONOMIC COOPERATION OF THE GOVERNMENT OF THE REPUBLIC OF KOREA WITH ASEAN Eastern European Journal of Regional Studies mutually beneficial economic cooperation foreign economic policy neoprotectionism deglobalization global value chain |
| title | POLICY OF FOREIGN ECONOMIC COOPERATION OF THE GOVERNMENT OF THE REPUBLIC OF KOREA WITH ASEAN |
| title_full | POLICY OF FOREIGN ECONOMIC COOPERATION OF THE GOVERNMENT OF THE REPUBLIC OF KOREA WITH ASEAN |
| title_fullStr | POLICY OF FOREIGN ECONOMIC COOPERATION OF THE GOVERNMENT OF THE REPUBLIC OF KOREA WITH ASEAN |
| title_full_unstemmed | POLICY OF FOREIGN ECONOMIC COOPERATION OF THE GOVERNMENT OF THE REPUBLIC OF KOREA WITH ASEAN |
| title_short | POLICY OF FOREIGN ECONOMIC COOPERATION OF THE GOVERNMENT OF THE REPUBLIC OF KOREA WITH ASEAN |
| title_sort | policy of foreign economic cooperation of the government of the republic of korea with asean |
| topic | mutually beneficial economic cooperation foreign economic policy neoprotectionism deglobalization global value chain |
| url | https://csei.ase.md/journal/files/issue_101/EEJRS_Issue10.1_page-98-119.pdf |
| work_keys_str_mv | AT dokheeoh policyofforeigneconomiccooperationofthegovernmentoftherepublicofkoreawithasean AT kyungsookgil policyofforeigneconomiccooperationofthegovernmentoftherepublicofkoreawithasean |