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Changing Economic Environments in Mercosur and Strategic Ways to Foster Business Cooperation between Korea and Mercosur

Author

Listed:
  • Kwon, Kisu

    (Hankuk University of Foreign Studies)

  • Kim, Jino

    (Korea Institute for International Economic Policy)

  • Park, Misook

    (Korea Institute for International Economic Policy)

  • Kim, Hyoeun

    (Korea Institute for International Economic Policy)

Abstract

In recent years, the economic ties between Korea and Mercosur countries have declined due to various factors. However, the emergence of market-friendly governments in Brazil and Argentina that put emphasis on reform and accessibility could prove to be the catalyst to reignite stagnant economic relations between Korea and Mercosur. In addition, the announcement of trade agreement negotiations between Korea and Mercosur will likely prove to be a turning point in their cooperation relationship. In this regard, this study was conducted to help forward a breakthrough in mutual cooperation, with a particular focus on business cooperation.

Suggested Citation

  • Kwon, Kisu & Kim, Jino & Park, Misook & Kim, Hyoeun, 2018. "Changing Economic Environments in Mercosur and Strategic Ways to Foster Business Cooperation between Korea and Mercosur," World Economy Brief 18-10, Korea Institute for International Economic Policy.
    • Handle: RePEc:ris:kiepwe:2018_010
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    Keywords

    Mercosur; Business Cooperation;

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