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Export Promotion Policies, Export Composition and Economic Development of Korea

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  • Mah Jai S.

Abstract

Korea has achieved rapid economic development for the past few decades, raising its economic stature from one of the most impoverished countries in the world to an advanced industrial nation. Korea will host the G20 summit meeting in November 2010. What is the reason for the rapid economic development of Korea? This paper discusses the policy measures taken by the Korean government to promote exports, analyse their contribution and problems, and provide developing countries with the implications for their economic development process under the WTO system drawn from the experience of export-led economic development of Korea.

Suggested Citation

  • Mah Jai S., 2011. "Export Promotion Policies, Export Composition and Economic Development of Korea," The Law and Development Review, De Gruyter, vol. 4(2), pages 3-27, February.
    • Handle: RePEc:bpj:lawdev:v:4:y:2011:i:2:n:2
    DOI: 10.2202/1943-3867.1090
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    References listed on IDEAS

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    Cited by:

    1. Iroda Xasanova & Maaz Ahmad, 2026. "Evaluating the effectiveness of import substitution versus export-oriented strategies in Uzbekistan’s economic development: lessons from South Korea," Quality & Quantity: International Journal of Methodology, Springer, vol. 60(1), pages 1771-1787, February.
    2. Hyungsun Chloe Cho & Miguel D. Ramirez, 2016. "Foreign Direct Investment and Income Inequality in Southeast Asia: a Panel Unit Root and Panel Cointegration Analysis, 1990–2013," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 44(4), pages 411-424, December.
    3. Jiayi Huang & Miguel D. Ramirez, 2016. "Do Exports lead Economic Output in Five Asian Countries? A Cointegration and Granger Causality Analysis," Business and Economic Research, Macrothink Institute, vol. 6(2), pages 30-50, December.
    4. Lee Yong-Shik, 2015. "Call for a New Analytical Model for Law and Development," The Law and Development Review, De Gruyter, vol. 8(1), pages 1-67, June.

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