학술저널
Change in Trade between Korea and China since the Global Financial Crisis of 2008
- 인하대학교 산업경제연구소
- 경상논집
- 經商論集 第23輯 第1號
-
2009.1279 - 91 (13 pages)
- 18
This paper discusses the channel through which the recent global financial crisis affects the Korean economy. Emphasizing the role of exports in the GDP growth in the Korean economy, it gives some evidence that the reduction of China's import demand from Korea, which is due to the US import decreases from China, is the main factor that has caused the sudden negative GDP growth of the Korean economy. Some policy implications for the Korean economy to be more resilient to future external shocks are provided.
Abstract
Ⅰ. Introduction - Catch a Cold or Pneumonia?
Ⅱ. The Korean Economy since the Global Crisis
Ⅲ. The Structure of Trade between Korea and China
Ⅳ. Policy Implications
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