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On The Korean Compare Superiority Strategic Trade Policy

Posted on:2005-04-14Degree:MasterType:Thesis
Country:ChinaCandidate:Y Z AnFull Text:PDF
GTID:2156360122999536Subject:World economy
Abstract/Summary:PDF Full Text Request
Korea created "Miracle over Han river" in short period of thirty years and exposed its problems existing in self-development by the happening of economic crisis After the Economic Crisis, a lot of scholars explored the reasons in view of economic itself. But they did not do much in industrial policy. This essay makes the compare superiority strategic trade theory as logical start point and analyzes Korean compare superiority strategic trade policy systematically as the base of environmental background, measures of policy on which Korea carried out compare superiority strategic trade policy. The whole essay consists of five parts.The first chapter mainly introduces its background from which compare superiority strategic trade theory can be produced and theoretical concept and Specific condition need in practice. Taking view of background. It is produced in the condition that traditional trade theory can't explain the world properly and a great amount of double-trade can only be explained by dynamic advantages such as scale economy, products invention etc. That the market is "incomplete competitive market" is considered as premise by traditional trade theory and free trade is regarded as the best trade form. But in fact, there is "incomplete competitive market" exiting in economic life. So the explanation for trade model with the premise of "incomplete competitive market" midwifery the new trade theory, which is compare superiority strategic trade theory. Then, on the base of "rent" and "scale economy", the essay states the concept of compare superiority strategic trade theory and analyzes the specific condition on which compare superiority strategic trade policy can be carried out.The second chapter mainly introduces the particular background of carried out strategic trade policy. It details Korean land area, population, labor condition, natural resources, educational condition, good international political environment and its political system for carrying out economic function. Viewed from Korea 99 thousand kilometers square; the population is dense. The whole number reaches 32.24 million in 1970. In cities, one of three who are economic self-support is unemployed or half-unemployed, and the condition of concealed unemployment and half-unemployed exits in villages. Viewed from natural resources, its natural resources is scared and even 70% of power resources depends on import. Because wreck of the Korean War for the three years and the Japanese long-term control it, Korean national capital developed very slowly. The Korean capital amass is not enough, on the other hand, the Korean received very good education. In 1960, of all the children, 90% entered the little school. In 1962, the number of scientists and engineers is two hundred and nine thousand. This period, America provided huge sum aid. The vast market in U.S. and Japan absorbed a huge amount of Korean products. In addition to the relative free trade condition in the world and the Korean Autocracy, the condition is very good for the implement of Korean compare superiority strategic trade policy.The third chapter mainly introduced the measures about the compare superiority strategic trade policy. The measures about the strategic trade policy. The measures of the allowance and support that the Korean government gave to the export products including building up the export industrial area, synthetically trading companies and the favorable methods in fiancé and in tax for the support products. From the point of Korean supporting and subsiding the export industries, the all process may be divided three stages, including supporting the labor-mensal industry, supporting the capital-mensal industries and supporting the technique-mensal industry. The measures mainly made economy development plans, carry out industry development laws, take the favorable finance and tax policies and distribute loans to great enterprises. This is the government leading economy system.The fourth part analyzes and evaluates Korean compare superiority...
Keywords/Search Tags:Superiority
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