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Political Economic Strategy of Korea's Mid-Term Trade Policy and Soft Power Trade Policy trade policy

Author Geun Lee Series 07-02 Language Korean Date 2007.12.30

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Previous studies on political economy of trade strategies have been either quite rare or focused too narrowly on internal political processes of trade policy making among different interest groups. In other words, political economic researches that pertain directly to the development of a country's desirable trade strategies are very few. Despite historical and practical importance of political factors in designing a country's trade strategies, these underdevelopment of political economic researches on trade strategies have not been noticed by many.
The purpose of this research is, therefore, to fill in this gap by suggesting a few political economic strategies not only to create stable trade environment for Korea but to expand Korea's overseas markets and to increase foreign direct investments to Korea as well. At the same time, this research contributes to the development of political economic studies of trade policy by introducing new ideas about how to apply soft power to designing proactive trade policies that do not violate existing international standards and norms. (The rest is omitted.)

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