콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Direct Investment

Print

Promotion of export & investment and the role of institutions in Korea

Related Document
Frame of Image Policies
Launching export-oriented policies import substitution in early 1960s rather than
because the significance of foreign currency was increased as foreign aid was suspended though agricultural and mineral products accounted for 80% of the total exports in the 1950s, the share of industrial products rose to 45% in 1963 another key policy was to make the most of highquality Korean manpower
2 Korea Institute for Industrial Economics and Trade Korea
Ⅰ. Policies for Promoting Export & Investment in Korea
Establishing the export support system
enactment of the Trade Transaction Act in 1967
to convert import-export business from the registration system to the license system to classify import-export items into the categories of approval, permission and prohibition
establishing export finance regulations
to smoothly fund the purchase of raw materials, production, shipment and settle export money to offer exporters preferential financial treatment: the general interest rate was 24% in 1965, while the interest rate for export financing maintained 6.5%, the level of competing countries, widening the interest rate gap up to 17.5%
3 Korea Institute for Industrial Economics and Trade Korea
Ⅰ. Policies for Promoting Export & Investment in Korea
In order to facilitate investment in the export industry, the system to supply mid-to-long term financing was provided
the fund for fostering the export industry in 1964 the fund for converting to export facilities in 1965 the foreign currency


Full Text
Title Promotion of export & investment and the role of institutions in Korea
Similar Titles
Material Type Proceedings
Author(English)

Kim, DoHoon

Date 2006
Pages 30
Language English
File Type Documents
Original Format pdf
Subject Economy < Direct Investment
Holding KDI School of Public Policy and Management