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TPP. South Korea boycotts Japanese products by all means.

2022-02-19  Category:Asia

TPP. South Korea boycotts Japanese products by all means.

Photo by Gobierno de Chile (licensed under CC BY 2.0)

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The $10,000 wall for emerging economies

There is a "middle-income country trap" (a $10,000 trap for middle-income countries.Even if emerging countries grow, their national income will exceed $10,000 a year.The reason is that the per capita GDP will not exceed $10,000 if international competitiveness is weakened due to soaring labor costs, capitalism, and democracy are not guaranteed.

Free economy is a prerequisite for economic development

China is facing this barrier, even though it has just over $10,000.So far, Japan, Korea, Taiwan, and Singapore have exceeded $10,000.In the case of China, large amounts of money are invested in certain industries by the state, but there are various barriers to spreading to other industries.In socialist and authoritarian countries, the economic impact is limited in part.

The No Japan movement is a surprising regulation by the private sector

What is the economic effect of Korea's No Japan movement if Japanese beer is not sold and Korean beer is sold?The second is whether the beer market, including imports, has maintained or increased.If it's decreasing, it's nothing but economic negative economic situation.Is Uniqlo's sales down 100 percent to TOP 10?If everything is not transitioned, there is nothing for the economy but negative.The No Japan movement is not a systematic regulation, but in any case, regulation and oppression are meaningless to the economy.

China and Korea do not meet TPP membership requirements

Both Korea and China seem to be aiming to join the TPP, but the TPP presupposes free trade and free economy at home and abroad.China is out of the question of socialism, but Korea also has many state-owned enterprises.When a free trade agreement is signed, the fruits are absorbed by vested interests in the country, and the cycle of contributing to economic development is cut off somewhere.Above all, even if only the entrance is liberalized, if there are regulations that weaken the competitiveness of Japanese products due to domestic regulations, it is meaningless for Japan to trade within the TPP.China and South Korea still ban imports of agricultural products from Fukushima, but restrictions are being imposed on agricultural products without scientifically.First of all, South Korea is trying to boycott all Japanese products.



POINT

Taiwan lifted restrictions on Fukushima agricultural products in order to join the TPP.However, if you keep saying that you want to join TPP, you won't be able to join.