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KEI Contributor – Choi Nakgyoon

The onset of COVID-19 and the subsequent shortages of necessities such as personal protective equipment have raised questions about global values chains and the idea of just in time production. In response, the United States, Japan, and other governments have called for production to be re-shored to their domestic markets. However, global value chains were under pressure prior to COVID-19 from the U.S.-China trade war and other factors. Please join KEI and the Korea Institute for International Economic Policy for a discussion of how COVID19, the U.S.-China trade war, and other factors will shape global value chains in East Asia.

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Contents of this Section: Korea’s Trade Structure and its Policy Challenges Lee Junkyu – Senior International Economic Adviser, Ministry of Strategy and Finance, Republic of Korea Impacts and Main Issues…

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Region: Asia

A U.S.-Korea Free Trade Agreement (KORUS FTA) would bring economic benefits to both the United States and Korea through various channels. First, it would substantially reduce trade and investment barriers…

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May 25, 2011