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Korea as an economic hub in Northeast Asia

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  • Korea as an economic hub in Northeast Asia
  • Song, Heeyhon
  • The Association of Korean Economic Studies


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Title Korea as an economic hub in Northeast Asia
Similar Titles
Material Type Articles
Author(English)

Song, Heeyhon

Publisher

[Seoul]:The Association of Korean Economic Studies

Date 2003
Journal Title; Vol./Issue The Journal of the Korean Economy:vol. 4(no. 2)
Pages 28
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Economy < Economic Administration
Holding AKES

Abstract

In this paper, the possibility of the formation of an economic community in Northeast Asia is discussed, along with the probable role of Korea in this endeavor. In order to meet two great challenges of the so-called 'China shock' and the 'shock of knowledge-based economy ' with which Korea has been facing recently, four measures are suggested. Lastly, the possibility of building an economic hub in Korea, particularly logistics and business hub, is presented together with the idea of building an international free city. If an economic hub is built successfully in the Korean Peninsula, it will be greatly beneficial not only to Korea but to all other countries in Northeast Asia as well as western hemisphere.