Globalisation and Trade Liberalisation in Supporting GVCs Upgrade: The Case of the Republic of Korea
Chen, Lurong | September 2017
The Republic of Korea (henceforth Korea) has managed to achieve sustained economic growth by moving up the value chains. It took Korea only 15 years to transform from an upper middle-income into a high-income country. This paper uses Korea as a case study on how a country can build up core competitiveness in hi-tech industry and develop into a globally competitive and innovative economy by moving up the value chains. It shows the effectiveness of globalisation and trade liberalisation in supporting the country’s domestic development strategy.
CitationChen, Lurong. 2017. Globalisation and Trade Liberalisation in Supporting GVCs Upgrade: The Case of the Republic of Korea. © Economic Research Institute for ASEAN and East Asia. http://hdl.handle.net/11540/7435.
Regional development bank
Asian Development Bank
Trade And Development
Food Security And Trade
Communication in rural development
Labor and globalization
Regional trading blocs
Foreign trade and employment
Foreign trade regulation
Industrial relationsShow allCollapse