Assisting Trade Adjustment in Korea: Is it a Facilitating Device for FTA Implementation?

Emerald - Tập 11 Số 1 - Trang 87-98 - 2013
YoonHEO1
1Graduate School of International Studies, Director, Institute of Int’l and Area Studies, Sogang University, Korea

Tóm tắt

The Korean government has begun to implement the TAA system since May 2007 in order to support small and medium firms whose sales, production and profits have decreased due to the intensified import competition. This paper analyzes the performance of the Korean TAA program based on the experience for the last five years and aims to suggest some relevant policy implications out of it. We find that the newly introduced Korean TAA system failed to accomplish the objectives of the program it had originally planned. It also failed to be an effective means for internal negotiations. All the efforts to retain marginal firms in comparative disadvantage turned out to be a big failure. This poor performance will threaten the system’s own existence in the near future. Even if the TAA system continues to exist, it will inevitably be converted into a worker-centered program instead of a firm-oriented industrial policy. Protecting people by protecting their jobs could be a strategy mistake. With the launch of new government of Korea in 2013, curtailing or abolishing the financial assistance program for marginal firms needs to be implemented immediately. Moreover, consulting services need to be more professional and customized.

Từ khóa


Tài liệu tham khảo

ETA (2012), TAACCCT: Program Summary, USDOL

GAO (2006), “Labor Should Take Action to Ensure Performance Data are Complete, Accurate, and Accessible, “ GAO-06-496.

Heo, Yoon (2007), “Trade Adjustment Assistance in Korea: Theory and Practice,” pp. 133-150, The Korean Economy in the Era of Globalization, ed. by MoonJoong Tcha, KDI Press

Hornbeck, J.F.(2011), Trade Adjustment Assistance for Firms: Economic, Program, and policy Issues, CRS Report, RS20210

Mastel, G. and H. Rosen (2012), TAA Reauthorization; necessary and appropriate, Congress Blog, The Hill

Rosen, H.F. (2008), Assisting Workers, Firms, Farmers and Fishermen and Communities Adversely Affected by Changes in International Trade and Investment: The US Experience, Peterson Institute for International Economics

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USITC (2012), The Year In Trade 2011: Operation of the Trade Agreements Program, 63rd Report, USITC Publication 4336

http://www.taa.go.kr (Korea, TAA)

http://www.doleta.gov/tradeact (US, Worker TAA)

http://www.fas.usda.gov/itp/taa/ (US, Farmers and Fishermen TAA)

http://www.taacenters.org/ (US, Firm TAA)

http://doleta.gov/taaccct/ (US, Community TAA)

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Emerald

Tập 11 Số 1

87-98

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