Economic relations between Latin America and the Caribbean and the Republic of Korea: Advances and opportunities

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Economic relations between Latin America and the Caribbean and the Republic of Korea: Advances and opportunities

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This document was prepared by the Economic Commission for Latin America and the Caribbean (ECLAC) for the official visit of Geung-hye Park, President of the Republic of Korea, to several countries in the region. The Republic of Korea’s success in economic and social development offers many lessons for Latin America and the Caribbean and the developing world as a whole. From being one of the poorest countries in the world in the early 1960s, in six short decades the Republic of Korea has succeeded in transforming itself into a high-income economy, a major manufacturing, scientific and export power and a highly cohesive society with impressive levels of educational achievement.


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Foreword .-- I. Relevance of the Korean development experience .-- II. Medium- and long-term strategies in the Republic of Korea .-- III. Characteristics of trade between Latin America and the Caribbean and the Republic of Korea .-- IV. The experience with free trade agreements between the countries of Latin America and the Republic of Korea .-- V. Investment and cooperation by the Republic of Korea in Latin America and the Caribbean .-- VI. Final reflections.

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