1980년대 이후 신발기업의 도산이 부산경제에 미친 영향

The foot wear industry, which had enjoyed high growth, faced a sudden crisis in the late 1980s due to the won appreciation and wage increase. In the first half of the 1990s, there was a massive bankruptcy of foot wear companies, and many companies moved their facilities overseas. Due to the decline of the foot wear industry, the real production of the Busan manufacturing industry in the 1990s hardly increased, and in the first half of the 1990s, it was rather on the decline. Due to the bankruptcy of the foot wear giant, the number of manufacturing workers decreased by less than half between 1987 and 1997, and in foot wears industry decreased by 40% between 1990 and 1993. Another dramatic change in the Busan economy caused by the bankruptcy of foot wear companies was a sharp drop in exports. Due to a sharp drop in foot wear exports, Busan's exports, which reached $8.6 billion in 1988, fell to $4.6 billion in 2001. The bankruptcy of the foot wear company and the surge in the number of unemployed people had a decisive impact on the migration of the Busan population. Until 1988, the number of people entering Busan was larger than that of people leaving Busan, but in 1989, it was changed, and in 1993, when the foot wear company bankruptcy in worst, the net transfer population reached its peak. With the decline of foot wears giant, the proportion of heavy and chemical industries increased instead of light industries. Even within the foot wear industry, emerging companies targeting the niche market with a bet on specialization have emerged and grown. But the sudden bankruptcy of the global shoe giants has hampered continuing the innovation and structural transformation opportunities and assets available through them.