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Issues in agricultural policy and challenge in 2014

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  • Issues in agricultural policy and challenge in 2014
  • Hwang, Eui-sik; Lee, Kye-im; Song, Mi-ryung
  • Korea Rural Economic Institute


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Title Issues in agricultural policy and challenge in 2014
Similar Titles
Material Type Reports
Author(English)

Hwang, Eui-sik; Lee, Kye-im; Song, Mi-ryung

Publisher

[Seoul]:Korea Rural Economic Institute

Date 2014-03
Series Title; No Agricultural Policy Focus / no. 83
Pages 28
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Industry and Technology < Agriculture
Holding KREI

Abstract

The Korean economy is expected to show a steady recovery and grow by 3.8-4.0 percent in 2014, leading to an increase in the demand for agricultural products. However, a stronger Korean won and weaker Japanese yen will make it challenging for the country to export agricultural products. The agricultural policy authorities and the entire industry need to pay keen attention to changes in macroeconomic indicators. Major policy issues will include the expansion of market opening in the agricultural sector and complementary measures in the domestic market, including issues related to Korea-China FTA and TPP negotiations. (The rest omitted)