神戸大学附属図書館デジタルアーカイブ
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https://doi.org/10.24546/00055828
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2024-05-06
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00055828 (fulltext)
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00055828
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open access
出版タイプ
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タイトル
The Economic Impact and Strategic Importance of the Korea-Japan Free Trade Agreement (FTA)
著者
著者名
Cheong, Inkyo
収録物名
国民経済雑誌
巻(号)
187(1)
ページ
59-76
出版者
神戸大学経済経営学会
刊行日
2003-01
公開日
2009-02-26
抄録
Although Japan is a major trading partner of Korea, second only to the US, progress in the discussions of a bilateral FTA between the two countries has been slow. Official government reference to a bilateral FTA dates back to 1998. Economists have analyzed the impact of a Japan-Korea FTA since 1998, and both governments began to study the feasibility of a bilateral FTA between two countries this year. A Japan-Korea FTA is expected to yield substantial benefits to both countries by liberalizing trade preferentially and strengthening the strategic alliances among the firms of the two countries. Some of Korean people seem concerned about the negative effects of trade liberalization under an FTA with Japan, placing greater emphasis on the negative rather than the positive aspects. However, this paper emphasizes that Korea's industrial structure will not weaken as many people fear as long as Japan's high NTBs are mitigated, and a substantial amount of foreign direct investment flows into Korea. A Japan-Korea FTA is regarded to have a strategic importance, in that the FTA can be a starting point for a Northeast Asian FTA and even further on for the East Asian FTA. In other words, they should complete their FTA as a strategic framework of the Northeast Asian FTA in the mid-term and then an East Asian FTA in the long-term. Although the Korea-Japan FTA is important economically and strategically, there are social, political and historical issues, which should be solved before entering into an FTA. Thus, the two governments should endeavor to ease political and social conflicts. Co-hosting the World Cup games helped improve the relations between the two countries, and both parties should make efforts to enhance favorable environment for the FTA.
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国民経済雑誌
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187巻
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187巻1号(2003-01)
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資源タイプ
departmental bulletin paper
言語
Japanese (日本語)
ISSN
0387-3129
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AN00090962
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