Author: Kim, Ae-Hwa

Source: Inter-Asia Cultural Studies, Volume 8, Number 3, January 2007 , pp. 477-480(4)

Publisher: Routledge, part of the Taylor & Francis Group

Abstract:

The Korean government has started to introduce neoliberal economic policies since the late 1980s and has strengthened its policies even more since the Asian Financial Crisis. Korea has opened markets in almost every sector and applied restructuring policies to every sector, and the Korean government has eagerly concluded Free Trade Agreements (FTAs). The first FTA was signed with Chile, and after signing that agreement the trade deficit with Chile doubled compared with before the Korea-Chile FTA. Now, the Korean government has been playing a very active role at the global level, including multilateral trade institutions. The Korean government is now negotiating with the US for another North American Free Trade Agreement (NAFTA) +plus.

Document Type: Research article

DOI: http://dx.doi.org/10.1080/14649370701393931

Publication date: 2007-01-01

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