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The book examines South Korea's evolving role in the global economic legal framework by analysing how this developed nation navigates complex trade relationships, shapes international norms, and addresses emerging challenges in a rapidly changing world order.
Through detailed case studies of South Korea's economic diplomacy with major partners, it traces the country's strategic transition from adhering to GATT rules to becoming a leader in regional free trade agreements. It also explores South Korea's innovative methods of integrating sustainability and digitalisation into its trade policy. The book provides a clear understanding of how a developed Asian economy balances domestic priorities with international obligations. By investigating the causal mechanisms behind its policy choices, the book assesses the strengths and weaknesses of South Korea's strategies as an influential middle power, and their global impact.
This book will be of interest to scholars and policymakers in international economic law, comparative law, international trade and investment law, particularly those interested in Asian perspectives on global economic governance.
List of contents
Part One: Introduction 1. Rethinking International Economic Law - Past a Developed Korea
Part Two: Korea in the New Geopolitical World: A Selected Focus 2. Korea - China Economic Relations: Challenges in Understanding and Formulating Harmonious Relations 3. US-Korea Digital Trade Disputes: Case of 'Network Usage Fee' Bill 4. The International Economic Law for the EU-Korea relations: A model for European-Asian relations?
Part Three: Participation in the Development of International Rule-Making 5. South Korea's Early Efforts to Accede to the GATT during the Korean War 6. Korea's FTA Policy and the Contribution to the Development of Regional Trade Agreements
Part Four: National Rule-Making in International Trade & Investment 7. Enhancing Korea's Implementation of WTO TBT Notification Obligations: An Evaluation of Current Practices and Proposed Institutional Improvements 8. Export Control in South Korea in response to International Developments 9. Lone Star Case and Its Implications for Investment Policy of Korea
Part Five: Sustainability in International Trade 10. Korea's Climate Change and Arctic Law: Economic and Environmental Intersections 11.
Korea's Free Trade Agreements and Environmental Protection 12. Promoting Sustainable Development in International Trade: A Korean Perspective
Part Six: Digitalization in International Trade 13. Korea's Digital Trade Law and Policy 14. Trade Rules for Digital Technology Standards: A preliminary assessment and regulatory challenges
About the author
Asif H Qureshi's primary research interests are in International Economic Law. Currently he holds a tenured Chair at the School of Transnational Law, Peking University. He is a barrister attached to Quadrant Chambers in London, U.K.
Nany Hur is a research fellow at Lee & Ko, giving advisory comments to the corporate clients regarding public international law and international economic law. Drawing upon her extensive academic backgrounds as a legal scholar, Dr. Hur advises and assists clients with a broad range of related international trade and investment matters, including the WTO, FTA and ISDS.
Jeong Ah Lee is a senior researcher at the Institute for International Trade, Korea International Trade Association (KITA). She is also a member of the Washington, D.C. Bar. Her research covers a broad range of issues in international trade and regulation, with particular expertise in EU and U.S. trade policy.