Japan’s Relationship with Korea

Robert Castley
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Robert Castley: University of Manchester

Chapter 2 in Korea’s Economic Miracle, 1997, pp 78-106 from Palgrave Macmillan

Abstract: Abstract Having discussed Japan’s need for sites in Asia in which to relocate her labour-intensive industries and industrial processing, this chapter will focus on the complex relationship between Korea and Japan, a relationship which despite the antipathy between the two nations resulting from the colonial period was to become closely interrelated: so much so that Japanese industrial, investment and trade policies (as we shall see in subsequent chapters) were to have an enormous impact on the economy of Korea. The relationship, unlike those in other regions of the world where a dominant economy influenced a weaker economy, did not create an adverse ‘dependency’ association where the stronger economy exploited the weaker economy. Both countries were motivated by self-interest and both found the relationship to be overall mutually beneficial.

Keywords: Capital Good; Intermediate Good; Heavy Industry; Light Industry; Current Account Balance (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25833-8_3

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DOI: 10.1007/978-1-349-25833-8_3

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