Meso-level GVC analysis of Korean shipbuilding

Publisher:
Routledge
Publication Type:
Chapter
Citation:
The Routledge Companion to Global Value Chains, 2021
Issue Date:
2021-09-16
Full metadata record
Management of global value chains (GVCs) is a coordinated effort by the companies participating in the GVCs as well as by governments who impose trade policy instruments such as tariffs, quotas, antidumping or other barriers. In some cases, when a tariff or other barrier is imposed on a given industry in a given country by another country, that country then attempts to mitigate losses by retaliating by imposing barriers in another industry against the other country or by passing on the barrier to overseas suppliers of the given industry in other countries. This case illustrates how the Korean government may explore how to react to a trade barrier on its shipbuilding industry.
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