World Economy Brief
PUBLISH
World Economy Brief
To list
Green New Deal for Carbon-neutrality and Open Trade Policy in Korea
- Author Jukwan Lee, Jong Duk Kim, Jinyoung Moon, Jun-Hyun Eom, Ji Hyeon Kim and Jungmin Suh
- Series22-20
- Date2022-05-25
This study focuses on Korea’s Green New Deal policy and global response measures to climate change that affect international trade. A trade policy perspective and approach have been applied while reviewing the carbon-neutral policy pursued by the Green New Deal. We attempted through an empirical analysis to determine whether the expansion of openness helps reduce carbon emissions and simulate the impact of a carbon-neutral policy, such as the EU's carbon border adjustment, on the global economy under global production networks. In addition, the amount of financial support from Korea's Green New Deal needed to offset the negative economic effects of other countries’ independent carbon-neutral policies was derived. This study finally suggests that the effect of the Green New Deal can be expanded through the restoration of openness and global cooperation.
File
-
Download
WEB 22-20(최종).pdf
(841.74KB / Download 1,418회)
공공저작물 자유이용허락 표시기준 (공공누리, KOGL) 제4유형
대외경제정책연구원의 본 공공저작물은 "공공누리 제4유형 : 출처표시 + 상업적 금지 + 변경금지” 조건에 따라 이용할 수 있습니다. 저작권정책 참조