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130 years between Korea and Italy : Evaluation and prospect

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  • 130 years between Korea and Italy
  • Oh,Tae Hyun
  • Korea Economic Institute of America


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Title 130 years between Korea and Italy
Similar Titles
Sub Title

Evaluation and prospect

Material Type Theses
Author(English)

Oh,Tae Hyun

Publisher

[Washinton,D.C.] : Korea Economic Institute of America

Date 2016-03
Series Title; No Korea's economy / vol.30
Pages 14
Subject Country South Korea(Asia and Pacific)
Italy(Europe)
Language English
File Type Link
Subject Economy < Economic Conditions
Economy < Economic Administration
Economy < Economic System
Holding Korea Economic Institute of America
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Abstract

Last year was a special year for Korea and Italy as it marked the 130th anniversary of the Korean-Italian diplomatic relationship. Today, Korea and Italy share similar economic features including competitiveness and global companies. Their relationship has grown in the last few decades with the bilateral volume of trade between Italy and Korea exceeding $1 billion in 1987 and expanding to $8.5 billion in 2013. However, despite the growth in bilateral trade there is still room for the economic relationship to expand as the performance of investments between Korea and Italy have not been as strong as their economic size and trade volume would indicate.