This study aims to present a conceptual framework and specific measures to develop a series of Free Trade Zones (FTZs) as new open territorial poles in an era of glocalization in the 21st century. The basic concept of the Free Trade Zone used in this study was provided by the 4th Comprehensive National Territorial Plan (2000~2020). The Plan suggests developing a series of FTZs along the coastal regions as a means to build an open and integrated territorial axis.
The first chapter presents reasons for the need to develop FTZs in Korea; to provide international investment posts; to develop Korea as a Northeast Asia logistics center, to promote balanced interregional development, and to maintain the integrity of government policies.
The second chapter defines the concept of FTZs as a means of to build new open territorial axes for the preparation of the glocalization era. The FTZs are the places of free international business activities guaranteed by the government regulations including laws and various policies. One of the most important economic purposes to develop FTZs is to attract foreign direct investment, providing jobs and incomes from high technology industries. In addition, economic and spatial theories related to FTZs are reviewed.
The third chapter presents a comparative analysis of examples of FTZs both in Korea and foreign countries. In Korea, laws and policies of the Free Trade Areas and the Free Tariff Areas are examined and compared. Regarding foreign countries, policies of competing nations of Korea such as China, Malaysia and Taiwan are reviewed. Some of important implications necessary for successful FTZs from these countries include the efficiency of policy, diffusion of positive effects, streamlining of government policies, deregulation and administrative assistance.
The fourth chapter discusses essential elements required for FTZs and suggests types of FTZs appropriate in Korea: complex type, logistics type, particular type, and special type. The purpose of the classification is based on the concept of special division of labor among potential FTZs. Each of FTZs is assumed to perform its role according to the predefined development guidelines reflecting locational advantages.
The fifth chapter suggests locations of FTZs in Korea. About fourty cities located on the six territorial axes specified in the 4th Comprehensive National Territorial Plan are considered for candidates of FTZs. A mathematical model is employed to estimate potentials of these cities. In addition to the model based on the comparative assessment of seven locational factors, spatial policy perspectives were incorporated to the process of selecting locations of FTZs. The study suggests twelve locations of FTZs, with three existing and nine new ones. Two of them are inland cities and remaining ten are coastal cities.
The sixth chapter proposes policy measures to promote FTZs. Emphasis is placed on the international competitiveness of incentives provided for foreign investors. They include a world class business environment such as tax exemptions, deregulations, one-stop administrative services, and infrastructure provisions both in terms of quantity and quality. Another important policy measure is to integrate those separated but similar laws into the single law governing various types of FTZs.
The last chapter is the summary and conclusions of the study. The study emphasizes the importance of FTZs as a means to attract international capitals and to achieve balanced territorial development. The decision of the location of the FTZs might be adjusted to the government’s industrial and spatial policies.
- 세방화시대의 신개방국토거점 육성방안(A study on free trade zones as new open territorial poles for glocalization era)
세방화시대의 신개방국토거점 육성방안(A study on free trade zones as new open territorial poles for glocalization era)
통합국토축 형성을 위한 자유무역지구를 중심으로
경기도 : 국토연구원
|Series Title; No||국토연 / 2011-4|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Economy < Trade
Territorial Development < National Land Development