Shim Jae Hoon at PostGlobal

Shim Jae Hoon

South Korea

Shim Jae Hoon is a Seoul-based journalist and commentator writing for a variety of international publications including YaleGlobal Online, The Straits Times of Singapore, The Taipei Times and Korea Herald. He was a correspondent for Far Eastern Economic Review in Seoul, Taipei and Jakarta. Close.

Shim Jae Hoon

South Korea

Shim Jae Hoon is a Seoul-based journalist and commentator writing for a variety of international publications including YaleGlobal Online, The Straits Times of Singapore, The Taipei Times and Korea Herald. more »

Main Page | Shim Jae Hoon Archives | PostGlobal Archives


Baby Steps to Global Markets

South Korea - The Doha Rounds will be successful once the United States cuts back farm subsidies and provides a new impetus for multilateral negotiations....

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All Comments (4)

Jack Adams:

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Albert Bardott:

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Vulcan:

I agree with Zathras, here...
Skorean movie and food sector is just as much to blame for impasse as the US and European
Reluctance to discuss any meaningful issues on trade....
I am very surprised at the response of many smaller countries such as thailand who were more nimble in dealing with such issues.
India and China are slow moving countries on any issue so dont even get me started there...
Ideally we all will produce that we all can make the most out of...
In Africas case it will be agricultural and
related exports provided the rest of the world opens up to it.
In SouthKoreas case it wouldnt be the hyundai automobile but the hyundai semiconductors.

Zathras:

This brief comment is actually a good indication of why the Doha round collapsed.

The rote response for many governments around the world is to blame the talks' failure on the unpopular Bush administration. In fact, though, subsidies (in Europe) and trade barriers (in Japan, South Korea, India and even Brazil, as well as Europe) are much more politically sensitive in these countries that farm subsidies are in the United States. Indeed, America could afford to reduce its nominal commitment to farm subsidies in trade negotiations, since it is actually spending several billion dollars less than that now. Doha represented for the American Congress potential political cover for policy changes that should be made anyway in farm programs that benefit very few farmers.

But other countries -- mostly, it is sad to observe, developed ones -- are stubbornly resistant to reducing protection even in sectors peripheral to the health of their national economies. The South Korean movie industry, indeed.

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