[ks-open] About Trade barriers in South Korea
Bernhard Seliger
seliger@maincc.hufs.ac.kr
Mon, 30 Apr 2001 08:17:41 +0900
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Dear List members,
recently in the Korea Herald there were some articles on trade barriers
and imperfect markets in Korea.
LG reports that its electronic goods sell in Korea for a price three
times higher than in the world market. As I understand, due to
membership in international organizations like WTO and OECD, these price
differences are not due to open (tariff or quota) trade barriers. So,
why don't foreign companies compete these price differences away?
The problem of wholesale and retail networks might be one problem. In
another Herald article it was said that Wal Mart and other chain stores
complain about bureaucratic obstacles for investment.
Are there any other barriers? Thank you for any suggestions.
Yours,
Bernhard
_________________________________________________
Dr. Bernhard Seliger
Graduate School of International Area Studies
Hankuk University of Foreign Studies
270, Imun-Dong
Dongdaemun-gu
130 791 Seoul
Republic of Korea
Tel. 00 82 2 964 8517
Fax. 00 82 2 965 4792
e-mail: Seliger@maincc.hufs.ac.kr
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Dear List members,
<p>recently in the Korea Herald there were some articles on trade barriers
and imperfect markets in Korea.
<p>LG reports that its electronic goods sell in Korea for a price three
times higher than in the world market. As I understand, due to membership
in international organizations like WTO and OECD, these price differences
are not due to open (tariff or quota) trade barriers. So, why don't foreign
companies compete these price differences away?
<p>The problem of wholesale and retail networks might be one problem. In
another Herald article it was said that Wal Mart and other chain stores
complain about bureaucratic obstacles for investment.
<p>Are there any other barriers? Thank you for any suggestions.
<p>Yours,
<p>Bernhard
<br>_________________________________________________
<address>
Dr. Bernhard Seliger</address>
<address>
Graduate School of International Area Studies</address>
<address>
Hankuk University of Foreign Studies</address>
<address>
270, Imun-Dong</address>
<address>
Dongdaemun-gu</address>
<address>
130 791 Seoul</address>
<address>
Republic of Korea</address>
<address>
Tel. 00 82 2 964 8517</address>
<address>
Fax. 00 82 2 965 4792</address>
<address>
e-mail: Seliger@maincc.hufs.ac.kr</address>
<br>
<p>
<p> </html>
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