학술논문
Korean Economic Policy Challenges: Adapting to the “New Normal” in a Post Financial Crisis World
이용수 32
- 영문명
- 발행기관
- 한국APEC학회
- 저자명
- Gyoung-Gyu Choi Gwi-Yeon Kim
- 간행물 정보
- 『Journal of APEC Studies』Journal of APEC Studies vol.8 no.1, 23~38쪽, 전체 16쪽
- 주제분류
- 법학 > 민법
- 파일형태
- 발행일자
- 2016.06.30
4,720원
구매일시로부터 72시간 이내에 다운로드 가능합니다.
이 학술논문 정보는 (주)교보문고와 각 발행기관 사이에 저작물 이용 계약이 체결된 것으로, 교보문고를 통해 제공되고 있습니다.
국문 초록
영문 초록
After the 2008 global economic crisis, world economic condition has altered and remained in “new normal.”
The market demonstrates that the recovery is not balanced by regions. Coordination is demanded with the specter of long-term economic depression on the horizon. However, with different economic and political fortunes at stake, coordination is unlikely. The trend of the world trade is shifting upward in terms of trade interdependence. Korea’s interdependence ratio also has increased due to a concentrated effort to increase its span of regional trade relations. TPP and RCEP represent a large portion of global GDP, population and trade, which suggests their strong influence in world trade. TPP is more far-reaching agreement with higher standards, while RCEP includes more members, but with higher individual trade barriers. Korea’s potential to adapt to the global economic “new normal” faces significant challenges, in and outside its borders. Past strategies for export-led growth are not going to work in the future. If Korea is to resurrect its economy and turn around its potential for future growth, it needs to look at global economic cooperation, restructuring, lowering regulation, promoting a creative economy, and managing its risks. Korea is expected to have economic benefit through TPP and RCEP. And Korea is likely to pursue accession to both agreements of TPP and RCEP in a two-track strategy rather than choosing just one path. By creating a virtuous circle in these policies, Korea can exploit the potential of the new global economic reality and revitalize its health.
목차
I. Introduction
II. Global Economic Situations
III. Regional Trade Developments
IV. Korea’s Policy Challenges and Future Growth
V. Conclusion
해당간행물 수록 논문
- Significance of Communities of Innovation: How to Tailor and Design APEC Programs to Promote Youth Employment
- A Comparative Study on the Relationship between Oil Prices and Real Effective Exchange Rates: Evidence from Four APEC Economies
- TPP: Complement or Substitute to APEC
- Korean Economic Policy Challenges: Adapting to the “New Normal” in a Post Financial Crisis World
- Engineering Free Trade in the Asia-Pacific: the Key Future Role of APEC
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