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The comparison of trade policies and patterns between Japan and Korea

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  • The comparison of trade policies and patterns between Japan and Korea
  • Rhee, Sungsup
  • Seoul Journal of Economics


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Title The comparison of trade policies and patterns between Japan and Korea
Similar Titles
Material Type Articles
Author(English)

Rhee, Sungsup

Publisher

[Seoul]:Seoul Journal of Economics

Date 1990
Journal Title; Vol./Issue Seoul Journal of Economics:Vol. 3(no. 3)
Pages 33
Subject Country Japan(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Macroeconomics
Economy < Trade
Holding Seoul National University

Abstract

During the period of rapid growth (1955-73), Japan's industries entered into the new stage of development, while trade structure reflected the enhanced structural pattern and made a successful achievement of technology imports or innovations. Such a rapid advancement was made possible by facility investments, technological enhancement, extension into new markets, and development of new products. The stabilization of price and efficient allocation of resources, which contributed to the eradication of economic inefficiency, may be prime factors which deserve credit for such superb economic performance.