The advent of the international trade regime has compelled many East Asian governments to retreat from the scene of strategic trade policy. While surviving on their own in world markets and responding to the technological paradigm, East Asian MNCs, and in particular Korean electronics multinationals, have begun to emerge as market coordinators, either individually or collectively. This book examines how, and to what extent, the nature of industry and international trade regimes, including EU trade policies, have impacted on their market power and transformed Korean state-corporate power relations.
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