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Korea’s Manufacturing Sector and Imports from Australia

Author

Listed:
  • Tom Cusbert

    (Reserve Bank of Australia)

  • Jarkko Jääskelä

    (Reserve Bank of Australia)

  • Nick Stenner

    (Reserve Bank of Australia)

Abstract

The Korean economy has grown rapidly over the past half century, driven in part by the development of an export-oriented manufacturing sector. While the electronics industry has expanded rapidly since the 1970s, there has also been a shift towards more steel-intensive industries, such as transport equipment and metal products. This shift, combined with Korea’s reliance on resource imports, led Korea to become Australia’s third largest export destination.

Suggested Citation

  • Tom Cusbert & Jarkko Jääskelä & Nick Stenner, 2013. "Korea’s Manufacturing Sector and Imports from Australia," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 7-14, December.
    • Handle: RePEc:rba:rbabul:dec2013-02
    as

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    File URL: https://www.rba.gov.au/publications/bulletin/2013/dec/pdf/bu-1213-2.pdf
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    References listed on IDEAS

    as
    1. Gerard Kelly & Gianni La Cava, 2013. "Value-added Trade and the Australian Economy," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 29-38, March.
    2. Amsden, Alice H., 2004. "Import substitution in high-tech industries: Prebisch lives in Asia!," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    Full references (including those not matched with items on IDEAS)

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