By thoroughly analyzing the characteristics of trade and industrial policies of the major ASEAN countries, this research attempts to understand the ever-changing specialization system between Korea and ASEAN and make ASEAN's position clear for Asia-Pacific Economic Cooperation (APEC).
The composition of this research is as follows. In Chapter II, it examines the macro-economic trends for ASEAN and the evolution of trade policies such as exchange rates, capital and interest since 1985. Chapter III reviews ASEAN export-oriented industrialization and its direct investment structure. Chapter IV and V examines the development of trade and industrial policies of the major East Asian countries, including Thailand, Malaysia, Indonesia, Singapore and Japan, in the 1980s. Based on the new changes in trade, and direct investment and technical cooperation between Korea and the major ASEAN countries, Korea's corresponding policy is suggested in Chapter VI. Major results and summary are provided in Section V