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The Role and Tasks of Trade Insurance for Revitalizing Exports in New Growth Industries
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신성장 산업의 수출 활성화를 위한 무역보험의 역할과 과제

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Type
Academic journal
Author
이서영 (목원대학교 국제무역물류학과)
Journal
한국무역연구원 무역연구 무역연구 제17권 제2호 KCI Accredited Journals
Published
2021.1
Pages
605 - 618 (14page)

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The Role and Tasks of Trade Insurance for Revitalizing Exports in New Growth Industries
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This study evaluated the role of trade insurance as a plan for revitalizing exports in new growth industries in the era of the 4th industrial revolution, and suggested ways to utilize trade insurance at a higher level. The role of trade insurance for the revitalization of export items related to new growth industries and the growth of new growth industries is very important. Design/Methodology/Approach This study was conducted based on a literature review based on previous studies and secondary data. Findings In order to revitalize exports of items related to new growth industries, the following are suggested improvements and effective policy measures for the trade insurance system. First, the Korea Trade Insurance Corporation should establish a comprehensive support system for the export support of new growth industries through multilateral or bilateral cooperation with export-related organizations. Second, it is necessary to operate special programs, such as premium discounts and preferential policies. Third, it is necessary to further develop exclusive insurance items for new growth industries. Fourth, it is necessary to make insurance products exclusively for digital platforms so that they can be used without time and space constraints. Fifth, active promotion is needed so that companies related to new growth industries can actively utilize the trade insurance system when exporting. Research Implications This study is expected to provide important policy implications in terms of export support and the export revitalization of new growth industries for the trade insurance system, an exceptional export support system that can be legally operated under the WTO system
#4th Industrialization #Export Insurance #New Growth Industry #Trade Insurance

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References (14)

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Baltensperger, E. / 2009 / Exporting against Risk? Theory and Evidence from Public Export Insurance Schemes in OECD Countries / Open Economics Review 20(4):545~563 google schola Kang, Nae-Young / 2020 / International Comparison of Export Competitiveness of Five New Industries and Contribution to National Economy / Trade Focus 2020(40):1~28 google schola 김세영 / 2004 / 우리나라 수출보험이 수출에 미치는 효과 분석- 벡터자기회귀모형을 이용 - / 관세학회지 5(3):77~97 dbpia 이은재 / 2011 / 미국수출입은행의 신성장산업지원제도 현황과 우리나라 공적수출신용기관에의 시사점 연구 / e-비즈니스연구 12(1):143~158 dbpia Lee, Hak-Roh / 2009 / Study on the Role of Trade Insurance for Increasing Exports of SME / Journal of International Trade and Insurance 10(4):25~43 google schola

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