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Title: 不確定時代韓國對外經貿的挑戰與文在寅政府的因應對策
Moon Jae-in's Approach to South Korea's Economic Challenges in an Era of Uncertainty
Authors: 劉德海
Liou, To-hai
Contributors: Taiwanese Journal of WTO Studies
Keywords: 韓國 ; 文在寅 ; 北韓 ; 中國 ; 日本 ; 美國 ; 自由貿易協定 
South Korea ; Moon Jae-in ; North Korea ; China ; Japan ; the US ; FTA
Date: 2020-03
Issue Date: 2020-11-13 10:42:53 (UTC+8)
Abstract: Given the impacts of international politics, South Korea's foreign economic relations have been bogged down in a dangerous dilemma marked by being besieged on four sides, namely South Korea's relations with China, Japan, North Korea and the United States have been in difficulties simultaneously for different reasons. What is even worse, fundamentals of South Korea's economy have been weakening and all economic indicators going downward. Given that South Korea's exports fell for the 13th consecutive month in December 2019, the Bank of Korea revised its prediction of South Korea's economic growth rate of 2019 to 2 percent, a big drop from its prediction of 2.7 percent in October 2018. The 2019 figure marks the lowest since 2009. At start of 2020, the coronavirus outbreak threatens to further hit the fragile Korean economy. President Moon Jae-in's approval rating thus has dropped down to around 40 percent. The purpose of this paper is first to analyze why the Moon Jae-in's diplomacy is undergoing a daunting test and how diplomatic crises affect South Korea's economy, then Moon Jae-in's approach to South Korea's economic challenges in an era of uncertainty, finally followed by author's policy recommendations.
Relation: Taiwanese Journal of WTO Studies, 32, 91-135
Data Type: article
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