Globalisation and Trade Liberalisation in Supporting GVCs Upgrade: The Case of the Republic of Korea
Chen, Lurong | September 2017
Abstract
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.
Citation
Chen, 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.Keywords
Development assistance
ADB
Curriculum development
Development assistance
Development aid
Development indicators
Development potential
Development models
Project appraisal
Performance appraisal
Regional development bank
Trade development
Import volume
Export volume
Asian Development Bank
Development
Trade
Development Goals
Skills Development
Sustainable Development
Trade Flows
Trade And Development
Food Security And Trade
Trade Volume
Trade Potential
Trade Flows
External Trade
Industrial policy
New technology
Innovations
Industry
Export policy
Import policy
Capital
Business
Communication in rural development
Social participation
Occupational training
Partnership
Joint venture
System analysis
Labor and globalization
Labor policy
Regional trading blocs
Foreign trade and employment
Developing countries
Industrial priorities
Technological innovation
Technology transfer
Foreign trade regulation
Industrial relations
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