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Comparative Study on Fair Trade Regulatory Regimes of the Three Countries: focus on Korea, U.S. and Japan

  • Korean Society and Public Administration
  • Abbr : KSPA
  • 2007, 18(2), pp.147-166
  • Publisher : Seoul Association For Public Administration
  • Research Area : Social Science > Public Administration

Park Yonngsung 1

1단국대학교

Accredited

ABSTRACT

This paper explores how fair trade regulatory regimes might achieve comparable or higher levels of market competitiveness at lower social compliance costs. It focused on an investigation of the different ways in which the fair trade regulations are designed and implemented in the Korea, Japan and U.S. in order to identify what actually contribute to the better fair trade regulations. Results from the comparative study highlight two essential components of regulatory regimes are identified : fair trade regulatory framework and its implementation structure (crime control mode vs. due process mode). Based on an comparative study of the three countries the fair trade regulatory regime can be divided into four quadrants on the basis of two variables. The taxonomy of fair trade regulatory regime can be a reference point for identifying the relative status of Korea's regime, compared with those of the US and Japan, and put forwards some policy implications for the creation of an fair and effective regulatory regime in Korea.

Citation status

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