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A study on the necessity and policy alternatives of the Economic Cooperation in East-sea rim region

김봉길 1,  Inchung， Kim 2

1富山大學
2강원발전연구원

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ABSTRACT

This study aims to suggest alternatives for the realization of the economic zone in East-sea rim region, while researching the geopolitical changes and current status of economic cooperation. The East-sea rim region generally includes countries bordering East-sea, such as South Korea, Japan, North Korea, China(Northeastern Three Shengs) and Russia(Far East Area). However, in this study, the East-sea rim region only includes South Korea, Japan, and China due to the lack of data. Possible alternatives are as follows. Multi-layered and progressive approaches that simultaneously considers the spatial and temporal factors are essential to economic cooperation in the East sea rim region. Gradual expansion of economic cooperation in East-sea rim region can take a significant role in building the Northeast asian regional economic zone. In short-term, it is advisable to enhance the economic cooperation in a specific feasible region or industries. And in the long-term, the scope of the cooperation could be expanded from East-sea rim region to North-east Asia. The most practical alternative is the materials industry cooperation using the resources of the East-sea rim region. However, the economic cooperation could be expanded under the mutual trust considering the uniqueness and diversity of each countries. Enhancing the mutual interest and the political leadership of each country are also needed to build regional economic zone. Especially, South Korea should play as an arbitrator to prevent China and Japan from fighting for regional hegemony.

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* References for papers published after 2023 are currently being built.

This paper was written with support from the National Research Foundation of Korea.
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