The purpose of this study is to define the Open Type New Trade Theory of the Nation and propose ways to build a new trading nation.
The economic development of Korea was made possible through industrialization and trade with countries around the world. As one of the 21st century development strategies for a new economic advancement, we need to build an open nation to optimize the nation’s capability in the period of liberalization, globalization, and digitalization. These are combined comprehensive development strategies and concepts in order to newly realize a forward-looking merchant spirit of our nation in the 21st century, by developing Korea to become a global business center.
The Open Type New Trade Theory of the Nation is a 21st century advanced country type national development paradigm out of industrialization and is ideal to act as a regional hub considering the reality of ambiguous national concept caused by deep integration of the world economy through network oriented economic system with neighboring countries by building an open type trading nation and aim at an open type trading nation in the period of liberalization and globalization. Also, it seeks for a Korean Peninsula oriented new national management by establishing an economic bloc with the Korean Peninsula as its center from the central axis of Korea, China and Japan.
Singapore, Ireland, Belgium, and Holland and concentrated on geographical weaknesses to use for their national development. Therefore, a new trading nation model requires development potential as a logistics hub around ports and airports, development potential as a business center to be the center of economic belt and especially vitalization of global companies. Korea can satisfy these requirements, provided that a few important conditions are met.
In order to build a new trading nation, first, overall social competitiveness should be fulfilled. Geographical location, human resources, and effective support by private sectors and the government and basic core tasks regarding regulatory reform and economic reform should be satisfied to guarantee free economic activities and the effectiveness of economic agents. Second, liberalization awareness of people, national image improvement, and the construction of trade infrastructure for the creation of a trading hub foundation should be realized. Third, hardware and software design is required for the construction and operation of the Northeast Asia international consolidated logistics base. Fourth, foreign investment, recruitment and the activities of global companies should be guaranteed by creating environmental conditions to honor universal values and common interests based on the territorial principle and nationwide consensus should be built on the language use.
개방형 신통상국가론(Open type new trade theory of the nation)
21세기 국가발전의 대안적 전략
|Series Title; No||KIET 산업경제|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Economy < Trade
Economy < Direct Investment