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The Feasibility Analysis On The Establishment Of The Free Trade Area Of Japan, South Korea And China

Posted on:2008-04-13Degree:MasterType:Thesis
Country:ChinaCandidate:Y G WangFull Text:PDF
GTID:2189360212496463Subject:International Trade
Abstract/Summary:PDF Full Text Request
After the second world war, the economic conflict between the developed countries and developing countries was more and more serious under the unfair international economic system, and the shortcomings of the multilateral trade system were very oblivious, the multilateral trade negotiations being failed for many times and the world's economic situation could not be drawn out of the downturn. Under this background, with the development of the scientific technology and the improvement of the productivity, the economies have got out of the national boundaries, and the bilateral or multilateral trade treaties or free trade zones appear. This kind of trade is being accepted by more and more countries, and the appearance of the free trade zones has a wide and deep effect on the global trade structure. In the East Asia, the economic incorporation was mainly promoted by the market for a long time, and the area economic cooperation lagged behind the process of the economic incorporation. The financial crisis of 1997 made the countries in the East Asia realized fully the necessity, importance and pressure of area cooperation. After the financial crisis, the"10+3"cooperation frame was established quickly and the East Asian economic cooperation flourished fast. Although there is a long road to go for the East Asian countries to become an area economic incorporate organization, along with the development of the economic globalization and being area, the economic cooperation of the East Asia has come into the material process. The economic cooperation process can not be turned back and the establishment of the East Asian free trade zones is becoming the necessary requirement of the economic development. China, Japan and South Korea are in the Asian area, and the three countries are neighbors geographically, so they mingle a lot since the ancient time on the cultural tradition. At the same time, these countries are the best on the strength in the Northeastern Asia and have important status in Northeast Asia and even the whole world. Japan is a big economic country of no.1 in Asia and no.2 in the whole world, its GDP is 12.3%of the world's GDP and 70% of Asian GDP, and its total amount of the foreign exchange storage is the first in the world, and the overseas pure capital is the second in the world, and the total amount of the foreign trade is the third. South Korea is a new industrial country with its economic strength of no.3 in Asia and 11 in the world, and the average productive value reaches 10,000 dollars and it became a new member of the Organization for Economic cooperation and Development in 1996. China is a developing country which is growing up, after the Reform and opening-up the economic increase rate remains higher than 9%, and the economic strength is no.2 in Asia and no.6 in the world. The economic relations of the three countries are developing very fast, since the realization of the diplomatic relations between China and Japan became normal, the economic relations of the two countries are being more and more close, and the bilateral trade amount is rising every year. The dependence on each other is higher and higher, and the economic and trade cooperation development of the reciprocal type makes great profits for the people of the two countries. China and South Korea are the neighbors of close geography and cultures, and they have a strong economic mutual inclusion.The economic trade between China and South Korea has a long history and there is great potentiality between them. Along with the formal establishment of the diplomatic relations between the two countries, the economic cooperation of china and South Korea is developed very fast, and the trade size is extending year after year, and the economic communion is becoming closer; Japan and South Korea have close cultures and are neighbors geographically. Although there is a long distance between the two countries on the whole economic strengths, their economic activities are developing actively. The respective economic advantages of the three countries make it possible for them to supply each other in the economic trade. China has affluent natural resources, many labors and wide market; Japan has much capital and high technology; South Korea has mature productive technology and very much economic development experience, all these factors can be combined together well. Countries of different levels can form a dynamic one-off transfer of industrial structures of countries on different levels in the adjustment of the economic development level and industrial structures. In this kind of one-off transfer international division form, Japan is the main resource of the high technology and the largest capital output country; South Korea is the receiver of the Japanese capital and high technology on the one hand, and on the other hand it provides some capital, medium technology and some semi finished products; china is absorbing Japanese and south Korean capital, technology and at the same time providing a large amount of natural resource and primary products.In this kind of trade relations based on the mutual inclusion of advantages, the economic cooperation of the three countries is in favor of the high increase of the Chinese economy, the returning of the Japanese economy and the stable development of the South Korean economy, and the trade status of the three countries will be improved continuously. If the three countries can get the trilateral arrangement on the free trade and make up a free trade zone, then each country will get a lot of profits. But now there are a lot of obstacles on making it into practice, and the process of make up the free trade zone is cumbered by the political conflicts, trade bulwark, and the interference of the foreign countries and so on. In the relations of the three countries, the conditions of making up the free trade zone are not mature. In this dissertation, the three ways of promoting the process of the free trade zone are put forward, and the three ways are: 1. making up the free trade zone between china and South Korea first. 2. Using the ASEAN as a stage to promote the process. 3. Reinforcing the cooperation on some areas of the three countries.If the free trade zone can be made up, it will be a zone established by the developing country of the largest population in the world and the developed countries with 150 million customers and GDP of 700 billion dollars and the trade amount of near 300 billion dollars. This area can get a stronger status in the hot international competitions. With the realization of the trade creation effect and the trade transference effect, it will make a lot of profits for the three countries and a large contribution for the Asia and even the world's prosperity and stability. The national profits and people's profits are the main impetuses of the area economic incorporate process. The area cooperation is to serve the national profits of the countries in the area; the profits made by the free trade zone will make the people of the member countries benefit a lot. Obliviously, the free trade cooperation of the three countries corresponds with their national profits and people's profits. The political conflicts and historical kind and enmity can be solved, and the domain problems can also be solved, and the trade problems and the interference of the foreign influence can be settled slowly. The key problem is on whether there is good communication and understanding between people and whether the politicians of the related countries have enough wisdom and reason.
Keywords/Search Tags:Establishment
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