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Barriers to Korea’s Manufactured Exports and Negotiating Options

In: Developing Countries and the Global Trading System

Author

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  • Eui Tae Chang

Abstract

Market access was a relatively unimportant issue for Korea when it was a small developing country. However, access has now become difficult as Korea has been growing at a rapid pace. Korea can no longer be an independent actor in international trade. Rapid penetration of Korea’s exports into industrial countries hurts their workers and producers. On the other hand, Korea provides the industrial countries with an attractive market in terms of size and potential growth. Korea cannot help participating in the interdependent world economy regardless of its willingness.

Suggested Citation

  • Eui Tae Chang, 1989. "Barriers to Korea’s Manufactured Exports and Negotiating Options," Palgrave Macmillan Books, in: John Whalley (ed.), Developing Countries and the Global Trading System, chapter 8, pages 397-416, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-20417-5_20
    DOI: 10.1007/978-1-349-20417-5_20
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