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Economy

130 years between Korea and Italy

: Evaluation and prospect
  • 130 years between Korea and Italy
  • Oh,Tae Hyun
  • [Washinton,D.C.] : Korea Economic Institute of America
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Title 130 years between Korea and Italy
Subtitle Evaluation and prospect
Author Oh,Tae Hyun
Publisher [Washinton,D.C.] : Korea Economic Institute of America
Publication Date 2016 - 03
Material Type Thesis
Country South Korea
Italy
Holding Korea Economic Institute of America
Language English License
Series Title Korea's economy

Abstract

Last year was a special year for Korea and Italy as it marked the 130th anniversary of the Korean-Italian diplomatic relationship. Today, Korea and Italy share similar economic features including competitiveness and global companies. Their relationship has grown in the last few decades with the bilateral volume of trade between Italy and Korea exceeding $1 billion in 1987 and expanding to $8.5 billion in 2013. However, despite the growth in bilateral trade there is still room for the economic relationship to expand as the performance of investments between Korea and Italy have not been as strong as their economic size and trade volume would indicate.

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