Implications Of England And Japan Experience For Korean Fair Trade

Trade has played an important role as a part of human life since civilization ofmankind was started. However, trade has caused unfairness and inequality of theworld as well as the strongest motive of economic growth. It is also distinguishedthat wealth of a specific country or area has involved with unendurable poverty ofthe other world. It proves that countries and their people in the world have moreintimate and deeper relations with each other in the name of ‘Globalization’. Withdeepened price competition, multinational companies have a lot of subcontractors inundeveloped countries, considering that undeveloped countries have weaker laborregulations than the Western society and have conditions easy to get the cheapestlabor power.In the process, in the name of development, industrialization and economicdevelopment, developing countries’ natural environment and traditional culturewere destroyed easily, even their children’s labors are exploited for cheap wagesand a lot of local producers are damaged by a sudden drop of farm prices. Thay alsohave a lot of problems, such as having a bad effect on consumers as well as locallabors also take place since they use a lot of agrichemicals to prevent theirdeterioration in the process of distribution. Namely, the present trade method has alot of unfair elements since trade negotiations are realized rather in a hard bargainbeneficial to advanced countries or importers than producers and consumers tradefairly.Thus,‘Fair Trade’ was started as an alternative plan to reduce poverty ofundeveloped countries. The fair trade system prevents unfair trade in developingcountries, gives them the opportunity of independence through price stability, fillsup a gap in not enough medical system and protects environment. It also awakensconsumers’ moral consumption conscience and induces participation of companiesin social responsibility and moral management. The study examined the status andactual conditions of England in which fair trade is representatively actualized andJapan with high coefficient of expansion which had a lot of effects on Korean fairtrade groups or companies. The study could see improvements required todevelopment of Korean fair trade and diverse effects of fair trade through a surveyof fair trade. On the other hand, the study could discover errors and problems easyto be led into while fair trade was carried out. Therefore, the purpose of the studywas to propose directions which Korean fair trade went on successfully byunderstanding diverse sides of fair trade and by finding implications through foreigncases...