Since the early 1990s, Northeast Asia's steel industry has undergone a remarkable restructuring process. Notably, the region's steel industry lost over 1 million jobs in the 1990s. The policy environment has changed with governments relying more on market mechanisms. Mergers and strategic alliances among the region's largest steel makers have proliferated and the impact of renewed US protectionism has had minimal effect.
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WILLIAM E. JAMES Senior Economist, International Trade Group, Nathan Associates Inc, USA TAE YOL LEE Research Fellow, Korea Insurance Development Institute, Korea CRAIG PARSONS Associate Professor, Department of Economics, Yokohama National University, Japan HUNG-HUA TIEN Assistant Professor, Department of Economics, Shih Hsin University, Taiwan DOMINIQUE VAN DER MENSBRUGGHE Senior Economist, Development Prospects Group, The World Bank, Washington D.C, USA.
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