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Issues in Korean trade 1999 : Trends, disputes & trade policy
- Issues in Korean trade 1999
- Ynag, Junsok; Kim, Hong-Youl
- Korea Institute for International Economic Policy
| Title |
Issues in Korean trade 1999
Similar Titles
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|---|---|
| Sub Title | Trends, disputes & trade policy |
| Material Type | Reports |
| Author(English) |
Ynag, Junsok; Kim, Hong-Youl |
| Publisher |
Seoul : Korea Institute for International Economic Policy |
| Date | 2000-04 |
| Series Title; No | Working Paper / 200-01 |
| ISBN | 89-322-4078-7; 89-322-4026-4(세트) |
| Pages | 118 |
| Subject Country | South Korea(Asia and Pacific) |
| Language | English |
| File Type | Link |
| Subject | Economy < Trade |
| Holding | Korea Institute for International Economic Policy |
| License |  |
Abstract
This paper is a survey of some of the important issues in Korean trade during 1999. 1999 was an important year in Korean trade for several reasons. In 1999, Korea began its recovery from the Asian Financial Crisis, with its GDP growing by more than 10%. Much of the growth, especially in the latter half of the year, was due to a healthy export sector. Korea's exports to all major regions rose greatly. Korea's imports also rose greatly, but imports from some regions, such as Asia and North America, grew more quickly than imports from other regions such as Europe. The growth in exports was driven by such goods as semiconductors and automobiles. On the import side, the growth of imports was driven by increases in the import of capital goods due to Korea's recovery from the Financial Crisis and the recession which followed. (The rest omitted)
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