Audiovisual Services in Korea: Market Development and Policies

Yeongkwan Song
Additional contact information
Yeongkwan Song: Asian Development Bank Institute (ADBI)

Development Economics Working Papers from East Asian Bureau of Economic Research

Abstract: This paper reviews economic development and the regulatory environment of audiovisual services in the Republic of Korea (hereafter, Korea). The paper specifically examines motion pictures and broadcasting, and discusses what drives or hinders the sector’s trade potential. Korean motion pictures have benefited greatly from the elimination of government censorship, substantial investment capital, especially from the 1990s, and frequent invitations from prestigious international movie festivals. The trade potential of Korean audiovisual services depends on whether Korean audiovisual services providers create high quality content that can be shared locally and/or universally. As recently proven in Korea’s film industry, Korean content does have trade potential. The most important prerequisite for high quality content is the generation of creative ideas, which would be hindered by strong government censorship and controls. The restrictive Korean broadcasting sector should learn from the success of the Korean film industry in this regard.

Keywords: audiovisual services; Korea; Services Trade; film industry; broadcasting sector (search for similar items in EconPapers)
JEL-codes: O14 O24 O53 (search for similar items in EconPapers)
Date: 2012-04
New Economics Papers: this item is included in nep-cul
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.eaber.org/node/23297 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 301 [REDIRECT LOOP] Moved Permanently (http://www.eaber.org/node/23297 [301 Moved Permanently]--> https://www.eaber.org/node/23297 [301 Moved Permanently]--> https://www.eaber.org/node/23297 [301 Moved Permanently]--> https://www.eaber.org/node/23297 [301 Moved Permanently]--> https://www.eaber.org/node/23297 [301 Moved Permanently]--> https://www.eaber.org/node/23297 [301 Moved Permanently]--> https://www.eaber.org/node/23297 [301 Moved Permanently]--> https://www.eaber.org/node/23297)

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:eab:develo:23297

Access Statistics for this paper

More papers in Development Economics Working Papers from East Asian Bureau of Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Shiro Armstrong ().