This book aims to consider the role of import controls in an export-oriented development strategy, and is based on a case study of South Korea, widely regarded as one of the classic success - stories in this -respect. According to accepted wisdom, a strategy of export orientation should be predicated upon a liberal import regime. Trade controls should be avoided, as they give rise to a host of negative consequences. The South Korean experience is often held up as an empirical illustration of how liberal import polices constitute an integral part of export-oriented success.
Table of Contents
List of Tables -- List of Acronyms – Acknowledgments – INTRODUCTION -- 1. SOUTH KOREA: TEST CASE IN A THEORETICAL DEBATE ON TRADE CONTROLS (1.1 Protection as a Valid Policy Tool for Development 1.2 Import Controls as a Misguided Policy Option 1.3 South Korea as a Key Witness in the Debate) -- 2. THE NINETEEN-SIXTIES: A DECADE OF LIBERALISATION IN KOREA? (2.1 Import Policy During the Pre-1965 Period 2.2 Import Policy 1965-1967 2.3 The Switch to the Negative List System 2.4 A Micro Analysis of Korean Import Policy in 1968) -- 3. THE KOREAN KALEIDOSCOPE: A GENERAL SURVEY OF IMPORT CONTROLS (3. 1 Trader Licensing 3.2 Quantitative Controls 3.3 Foreign Exchange Allocation 3.4 Settlement Methods 3. 5 Advance Deposits 3.6 Customs Procedures) -- 4. A DISAGGREGATED ANALYSIS OF KOREAN' IMPORT MANAGEMENT (4.1 The Alternative Approach: An Outline 4.2 The Form and Evolution of Import Controls 4.3 The Sectoral Dimension of Import Controls 4.4 Government Involvement in Free Imports: A Case Study 4.5 Perception Gaps in the Import Libera1isation Ratio 4.6 Special Laws Operating in 1982: A Case Study) -- 5. IMPORT CONTROLS AND DEVELOPMENT: A REASSESSMENT (5.1 The Invisible Hand Versus the Invisible Fist 5.2 Foreign Exchange Deficiency and Protection 5.3 Industrial Strategy and Protection 5. 4 The Dilemma of Intervention) -- 6. POLICY IMPLICATIONS OF THIS STUDY (6.1 Implications for Korea 6.2 Implications for LDCs 6.3 Implications for Development Studies) – Appendix – Bibliography – Index.