Our country's trade-quantity with Japan extended largely after normalization of diplomatic relations with Japan in '1965. However, the increase of an adverse balance is actual circumstance. Despite of the growth of trade with Japan in quantity and qua...
Our country's trade-quantity with Japan extended largely after normalization of diplomatic relations with Japan in '1965. However, the increase of an adverse balance is actual circumstance. Despite of the growth of trade with Japan in quantity and quality, the scope of a deficit in revenue & expenditure of trade with Japan gets to 43.7 billion dollars from 1965 to 1987. This deficit is 155.5% of 28.1 billion dollars which is ourcountry's total trade deficit during the same period. This fact shows its seriousness.
Like these, the phenonena of an adverse balance appear continously and several factors about this are pointed as followings.
First factor is the dependence on Japan in the industrial structure. our country promotes an export industrialization by way of imitative development which received skills and capitals. Especially, machinary, accessoties and materials occupy a majority of the dependent degree on Japan.
Second factor is Japan's restriction for imports and circulating structure. Japan restrict our country's exports in the way of a stringent customs formalities and the conditioning of quality & standard. In addition to that, complicated circulating structure and special trade-convention in Japan is emerging as Japanese trade wall.
Third factor is the weakeness of competitive power in price. Past revenue & expenditure had abnormal aspects as following: expenditure intrade with Japan increased when Yen has a bullish tendency, expenditure intrade with Japan decreased when Yen has a weakening tendency. This aspect is great factor inadverse balance trade with Japan. These factors we have said above act as a great one of adverse balance in trade with Japan.
Consequently, we need to consider counterplans as followings inorder to remove these factors and improve the trade with Japan.
First, we must encourage the development of Korean-made machinary, accessories and materials. For this, bussiness circules must facilitate the developnent of skills and the co-operative research and development system nest be established. It is also demended keenly to accelerated the serialization and specialization of industry and to reinforce the administrative suports.
Second, it is groping for division of labour-system between Korea & Japan. For this, we need following treatment domestically. (1) establishment of organization wholly responsibling for mediation and arrangement of skills. (2) promotion the co-operative relations with academic circles, business circles and government's researching organization. (3) practical using the Japanese researchers and engineers. (4) establishing the organization wholly responsibling for examining the Japan-market.
In addition to these, we need also following treatments exernally. (1) Inducement of the rearing the medium industry and activation the skill-developments. (2) raesing our own development power through cultivating the our high-class brains and reinforcing the basic researches. (3) activating the co-operative researches with the academic circles, the bussuness circles and researching organizations. (4) collecting the infomation about skills and reinforcing the circulative system. (5) quickening the industrialization of new skills.
Third, it is coping with tariff wall and tariff-free wall. It is dutible to collect and amalyze the information periodically about Japanese trade-wall and to set up the preganization wholly responsibling for the reade-wall, which devese practical measure. We also must found a commercial control committee which has the duty as followings : abolishing the trade-wall, promoting all sorts of imports and supporting the act of a purchasing mission.
Fourth, It is many variation in imports line. Because our country depends greatly upon Japan in imports we need a institude provision in order to administer the local trade-revenue & expenditure. We also have to change the import line which leans upon Japan by way of activiting the trade marketing.
Till now, we have examined the cause of adverse balance and its reform measures in trade with Japan from the nomalization of diplomatic relations with Japan to 1987.
Its reform measures which is short- term and fragmentary cannot solve the problems in industrial structure. Instead of that, its reform measures distorted the industrial structure and bring out a disadvantageous results in long-term.
So we must research the reform measures of adverse balance in trade with Japan in a view of longterm and whole economy.