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Economic Globalization and Regionalization in Japan and Koreạ

Author

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  • Yoshiaki Miyajima
  • Hyun-sung Kim

Abstract

We had seen many dramatic changes in economic and political fields in East-Asia for the 1990s such as the growth of the Chinese economy and the Asian financial crisis. Word globalization and regionalization are one of the key-terms debated by economists to explain the reason why these changes have occurred. The purpose of this paper is to examine whether globalization is a real phenomenon or only a myth in East-Asia (particularly in Japan and Korea), and how the relationship between globalization and regionalization in fashion was developed there in 1990s. Mainly investigating comparative data on FDI, trade and migrant between the two countries, the paper provides a summary of globalization which has increased asianization in East Asia and has deepened the economic interdependence between Japan and Korea.

Suggested Citation

  • Yoshiaki Miyajima & Hyun-sung Kim, 2006. "Economic Globalization and Regionalization in Japan and Koreạ," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 9(2), pages 1-1, June.
    • Handle: RePEc:sae:intare:v:9:y:2006:i:2:p:i-xix
    DOI: 10.1177/223386590600900210
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    References listed on IDEAS

    as
    1. Marjan Svetličič & Hans Singer, 1996. "World Economy: Challenges of Globalization and Regionalization," Palgrave Macmillan Books, in: Marjan Svetličič & H. W. Singer (ed.), The World Economy, chapter 1, pages 15-38, Palgrave Macmillan.
    2. Haider A. Khan, 1998. "Technology, Development and Democracy," Books, Edward Elgar Publishing, number 1247.
    3. Jagdish N. Bhagwati, 2004. "In Defense of Globalization: It Has a Human Face," Rivista di Politica Economica, SIPI Spa, vol. 94(6), pages 9-20, November-.
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