International Trade and Exchange Rates

Nak Nyeon Kim () and Ki-Joo Park ()
Additional contact information
Nak Nyeon Kim: Dongguk University
Ki-Joo Park: Sungshin Women’s University

Chapter Chapter 22 in Historical Statistics of Korea, 2022, pp 1193-1268 from Springer

Abstract: Abstract The South Korean growth miracle is often described as being driven by export promotion, a type of industrial policy that caused the South Korean economy to become more open to the rest of the world than it would have been without the policy intervention. Occupying Korea as a colonial possession, Japan incorporated the country into a free trade area known as the Japanese empire, which led intra-empire trade to grow quickly to account for the lion’s share of colonial Korea’s overseas trade. The openness of the Korean economy in the past century stands in contrast to the autarky prevailing until 1876, when Japan sent gunboats to force dynastic Korea to open itself to foreign trade.

Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:stechp:978-981-15-3874-2_22

Ordering information: This item can be ordered from
http://www.springer.com/9789811538742

DOI: 10.1007/978-981-15-3874-2_22

Access Statistics for this chapter

More chapters in Studies in Economic History from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().