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    A New Framework for Industrial Cooperation between Korea and the EAEU

    Park, Joungho; Yeom, Dongho; Kang, Boogyun; Min, Jiyoung; Yun, Chihyun | December 2018
    Abstract
    As economic uncertainty escalates around the world, Korea is undergoing numerous challenges. The global economy is slowing down, and trade war between the U.S. and China is exacerbating the situation even further. Korea’s trade dependency on major markets such as China, the US, EU, etc. is exposing its economy to more vulnerabilities. In order to resolve these challenges, Korea has to escape from the geographical isolation imposed by the division of the Korean Peninsula and diversify its partnerships with emerging economies. Strengthening cooperation with the EAEU and securing new economic growth engines to replace old ones will serve as a way for Korea to overcome the current challenges. Indeed, the EAEU is an attractive partner as a window of new economic cooperation in developing future-oriented relations between Korea and the northern Eurasian countries. Since the two sides share characteristics in economic cooperation that are complementary to each other, it will also be necessary to pioneer such a “northern economic growth space” through strategically enhancing economic cooperation with the EAEU member states. Against this backdrop, this paper analyzes the economic structure, development policy and industrial competitiveness of the EAEU and draws implications for Korea-EAEU industrial cooperation in the future.
    Citation
    Park, Joungho; Yeom, Dongho; Kang, Boogyun; Min, Jiyoung; Yun, Chihyun. 2018. A New Framework for Industrial Cooperation between Korea and the EAEU. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/9517.
    ISSN
    2233-9140
    Keywords
    Telecommunication Companies
    Rural Rehabilitation
    Biotechnology
    Interindustry Trade
    Industrial Policy
    Industrial Investment
    Industrial Development
    Small Scale Industry
    Medium Scale Industry
    Local Industry
    Transport Infrastructure
    Trade regulations
    Telecommunications Industry
    Computers
    Trade data interchange
    Access to markets
    E-Commerce
    Trade And Development
    Large Scale Industry
    Regional Trade
    Commerce and Industry
    Trade Negotiations
    Merchandise Trade
    Domestic Trade
    Computer Industry
    Trade Regulation
    intellectual Property Rights
    Rural development
    Unfair competition
    Supply and demand
    Energy policy
    Developing countries
    Industrial organizations
    Creative industries
    Investment banking
    Microfinance
    Financial planning industry
    Infrastructure
    Manufactures
    Business failures
    Wages and labor productivity
    Microelectronics industry
    Electronic industries
    Digital electronics
    Microelectronics
    Electronic commerce
    Business enterprises
    Digital
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/9517
    Metadata
    Show full item record
    Thumbnail
    WEB18-34.pdf (273.2Kb)
    Author
    Park, Joungho
    Yeom, Dongho
    Kang, Boogyun
    Min, Jiyoung
    Yun, Chihyun
    Theme
    Industry
    Trade
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise