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금융위기 이후 수출구조변화와 향후 수출여건전망(Recent developments in Korea's export structure and prospects on Korea's exports)

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Title 금융위기 이후 수출구조변화와 향후 수출여건전망(Recent developments in Korea's export structure and prospects on Korea's exports)
Similar Titles
Material Type Reports
Author(Korean)

정인교; 이창재

Publisher

[서울]:대외경제정책연구원

Date 1998
Series Title; No Policy Analysis
ISBN 89-322-7046-5
Pages 236
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Documents
Original Format pdf
Subject Economy < Trade
Holding 대외경제정책연구원 ; KDI 국제정책대학원

Abstract

Though the importance of exports is emphasized as a mean of overcoming the current financial crisis, the performance of Korea's exports has very poor since May of this year. This paper is concerned with the causes for the recent poor export performance and predicting future export prospects by region and commodity. The authors found that worsening external economic conditions were more important than internal economic conditions for Korea's recent poor export performance, and predicted that external economic conditions for next year would be worse than this year. While Korean policymakers can do little to revive external demands, the authors suggest the adoption of trade promotion policies, such as an automatic discount system by the Bank of Korea, temporary relaxation (removal) of credit limits for large companies, strategic economic alliance, etc.