New Globalization as an Exogenous Factor in the Formation of the Foreign Trade Policy of the Republic of Korea

The article reveals the content of the "new globalization" concept and characterizes the readiness of the Republic of Korea (RK) for a new technological order. Based on the analysis of the values of different indicators (KOF Index of Globalization, Digital Evolution Index, Digital Adoption...

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Autores principales: S. V. Ivanova, A. V. Latyshov
Formato: article
Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2018
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Acceso en línea:https://doaj.org/article/7f72b249f0314fc499e6ce253d5786bd
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spelling oai:doaj.org-article:7f72b249f0314fc499e6ce253d5786bd2021-11-15T05:20:47ZNew Globalization as an Exogenous Factor in the Formation of the Foreign Trade Policy of the Republic of Korea2413-28292587-925110.21686/2413-2829-2018-6-214-223https://doaj.org/article/7f72b249f0314fc499e6ce253d5786bd2018-12-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/618https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The article reveals the content of the "new globalization" concept and characterizes the readiness of the Republic of Korea (RK) for a new technological order. Based on the analysis of the values of different indicators (KOF Index of Globalization, Digital Evolution Index, Digital Adoption Index and a number of others), the conclusion about the high dynamics of Korean society integration into the new global economy is made. South Korea is among the leading countries in terms of digital implementation in business and public administration. The country has a well-established system of e-government, which, among other things, allows it to export the system to other countries of the world. The procedure of customs clearance of goods has been optimized, the "single window" technology has been introduced, public procurement is carried out only through electronic bidding. The traditional close relationship between the state and the chaebols makes it possible to successfully transfer the policy of digitalization into business practices. As a result, digitalization has a positive impact on the development of Korean foreign trade: on the one hand, it allows to increase exports due to the growth of goods and services of the IT sector and related industries, and on the other hand - to reduce the time and money spent on logistics, customs clearance and on the interaction between government agencies.S. V. IvanovaA. V. LatyshovPlekhanov Russian University of Economicsarticlenew global economyinformation and communication technologieseast asiaforeign trade policyEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 6, Pp 214-223 (2018)
institution DOAJ
collection DOAJ
language RU
topic new global economy
information and communication technologies
east asia
foreign trade policy
Economics as a science
HB71-74
spellingShingle new global economy
information and communication technologies
east asia
foreign trade policy
Economics as a science
HB71-74
S. V. Ivanova
A. V. Latyshov
New Globalization as an Exogenous Factor in the Formation of the Foreign Trade Policy of the Republic of Korea
description The article reveals the content of the "new globalization" concept and characterizes the readiness of the Republic of Korea (RK) for a new technological order. Based on the analysis of the values of different indicators (KOF Index of Globalization, Digital Evolution Index, Digital Adoption Index and a number of others), the conclusion about the high dynamics of Korean society integration into the new global economy is made. South Korea is among the leading countries in terms of digital implementation in business and public administration. The country has a well-established system of e-government, which, among other things, allows it to export the system to other countries of the world. The procedure of customs clearance of goods has been optimized, the "single window" technology has been introduced, public procurement is carried out only through electronic bidding. The traditional close relationship between the state and the chaebols makes it possible to successfully transfer the policy of digitalization into business practices. As a result, digitalization has a positive impact on the development of Korean foreign trade: on the one hand, it allows to increase exports due to the growth of goods and services of the IT sector and related industries, and on the other hand - to reduce the time and money spent on logistics, customs clearance and on the interaction between government agencies.
format article
author S. V. Ivanova
A. V. Latyshov
author_facet S. V. Ivanova
A. V. Latyshov
author_sort S. V. Ivanova
title New Globalization as an Exogenous Factor in the Formation of the Foreign Trade Policy of the Republic of Korea
title_short New Globalization as an Exogenous Factor in the Formation of the Foreign Trade Policy of the Republic of Korea
title_full New Globalization as an Exogenous Factor in the Formation of the Foreign Trade Policy of the Republic of Korea
title_fullStr New Globalization as an Exogenous Factor in the Formation of the Foreign Trade Policy of the Republic of Korea
title_full_unstemmed New Globalization as an Exogenous Factor in the Formation of the Foreign Trade Policy of the Republic of Korea
title_sort new globalization as an exogenous factor in the formation of the foreign trade policy of the republic of korea
publisher Plekhanov Russian University of Economics
publishDate 2018
url https://doaj.org/article/7f72b249f0314fc499e6ce253d5786bd
work_keys_str_mv AT svivanova newglobalizationasanexogenousfactorintheformationoftheforeigntradepolicyoftherepublicofkorea
AT avlatyshov newglobalizationasanexogenousfactorintheformationoftheforeigntradepolicyoftherepublicofkorea
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