Policy Analyses
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Policy Analyses
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International Electronic Trade: Current Developments and It's Promotion Policy in Korea
International Electronic Trade: Current Developments and It's Promotion Policy in Korea. As the internet is rapidly spreading out, an international trade method is being changed. Typically, conventional international trade has be..
Seong-Bong Lee et al. Date 2001.12.30
E-tradeDownloadContentSummaryInternational Electronic Trade: Current Developments and It's Promotion Policy in Korea.
As the internet is rapidly spreading out, an international trade method is being changed. Typically, conventional international trade has been formulated in a way that exporters and buyers meet face-to-face and connect ties with a letter of credits. To carry out a contract, many documents have had to be written out and delivered in banks, customs, shipping and insurance companies. But with the development of an internet, a global trade can be made via internet and other trade-related businesses can electronically be achieved. This new type of trade is called electronic international trade. (The rest is omitted.) -
Lessons from Financial Restructuring in Central and Eatern Europe: The Cases of Hungary, Poland and Czech Republic
Lessons from Financing Restructuring in Central and Eastern Europe: The Cases of Hungary, Poland and the Czech RepublicCheol-Won LeeThis research is aimed at assessing the business climate of the financial sectors in transforming ..
Cheol-Won Lee Date 2001.12.30
Financial policyDownloadContentSummaryLessons from Financing Restructuring in Central and Eastern Europe: The Cases of Hungary, Poland and the Czech RepublicCheol-Won Lee
This research is aimed at assessing the business climate of the financial sectors in transforming Central and Eastern European countries by reviewing how some have successfully progressed in financial sector restructuring while others still suffer from problems ascribed to structural weakness. The research also attempts to identify enabling environment in Hungary and Poland and other leading performers for the successful resolution of non-performing loans (NPLs) in their banking sector and privatization of banks. Findings are expected to provide valuable policy lessons for countries which are still suffering from cumulative bad loan problems and need to privatize banks which had become state-owned in the early attempt to restructure financial industry. (The rest is omitted.) -
Evaluation and Perspectives on 10 years of North Korean Foreign Economy Policy
This paper looks at the 10 years of North Korean foreign economy policy and gives future prospects.This paper deals with analysis of the current system and plans for market economy considering the current political and economic si..
Co-authors Date 2001.12.30
North Korean economyDownloadContentSummaryThis paper looks at the 10 years of North Korean foreign economy policy and gives future prospects.
This paper deals with analysis of the current system and plans for market economy considering the current political and economic situation in North Korea. In the conclusion, this paper will try to offer suggestions for economic cooperation between the two Koreas from the perspective of North Korea economic development. -
Changes in the Business Strategy of Ethnic Chinese Enterprises since the Financial Crisis
The history of ethnic Chinese companies in Southeast Asia starts from after the World War II to the present. During the period from after the World War to the 1990s, ethnic Chinese companies have started, succeeded and expanded th..
Bun Soon Park Date 2001.12.30
Business managementDownloadContentSummaryThe history of ethnic Chinese companies in Southeast Asia starts from after the World War II to the present. During the period from after the World War to the 1990s, ethnic Chinese companies have started, succeeded and expanded their businesses. They have advanced into the manufacturing and services sectors in countries in Southeast Asia, thereby determining the form of Southeast Asian economy. However, with the breakout of the currency crisis in 1997, which had swept the entire Southeast Asia, the ethnic Chinese companies have been hit hard. It was the first time that the entire range of ethnic Chinese companies had been extremely hit, excepting the fact that success and failures of ethnic companies had been a general phenomenon since their birth. (The rest is omitted.) -
The US Energy Crisis: Causes and Outlook
The US Energy Crisis: Causes and OutlookEntering 2000, the US have experienced severe energy problems such as supply- demand squeeze and price spikes and volatility. For example, crude oil prices reached $30/bbl, natural gas pric..
Kiho Jeong et al. Date 2001.12.30
Energy industryDownloadContentSummaryThe US Energy Crisis: Causes and Outlook
Entering 2000, the US have experienced severe energy problems such as supply- demand squeeze and price spikes and volatility. For example, crude oil prices reached $30/bbl, natural gas prices outran the $10 mark, and in California the electricity supply and demand situation became very tight and the two major power companies faced crisis of bankruptcy. This energy crisis threatens the economic well-being of the US people. This study investigates the causes of the US energy crisis and analyzes the Bush administration's policy response.The energy crisis is found to be attributed to the following factors: (The rest is omitted.) -
A Study on US Strategies of Developing Information Industry and E-Commerce
A Study on US Strategies of Developing Information Industry and E-CommerceChoong Lyul LeeUS economy accomplished a remarkable achievement, so-called a New Economy, during 1990s. For almost ten years, the productivity growth rate r..
Choong Lyul Lee Date 2001.12.30
Industrial policyDownloadContentSummaryA Study on US Strategies of Developing Information Industry and E-Commerce
Choong Lyul Lee
US economy accomplished a remarkable achievement, so-called a New Economy, during 1990s. For almost ten years, the productivity growth rate remained high while the inflation rates and unemployment rate were kept low. The rapid expansion of information technology industry was counted as one of the important reasons for it. This unprecedentedly fast growth of the information technology industry was initiated by the private sector, but it would not have been possible without appropriate policies of the US government. (The rest is omitted.) -
Economic Policy under the Bush Administration and US Economic Performance in 2001
After 8 years of the Democratic Administration, Republicans have taken an office at Washington, D.C. in January 2001. Unfortunately, after taking an office the Bush Administration has been facing at challenges, including economic ..
Moonsung Kang et al. Date 2001.12.30
DownloadContentSummaryAfter 8 years of the Democratic Administration, Republicans have taken an office at Washington, D.C. in January 2001. Unfortunately, after taking an office the Bush Administration has been facing at challenges, including economic downturn, the tragic event of September 11th, etc. In this book we discuss economic policy under the Bush Administration to boost the US economy which has been getting worse since the second half of 2000. After a 10-year economic boom in 1990s, the US economy has been in a recession since this March, which stems importantly from the post-bubble aftershocks. There were other forces at work in setting the stage for this downturn, especially the impacts of sharply rising energy prices during late 1990 and 2000. However most of the other proximate causes of this recession are all traceable to the bubble-induced excesses of the US economy. In addition, the tragic event of September 11th at New York and Washington, D.C. has deepened the economic downturn of the Unites States. (The rest is omitted.) -
Trade Facilitataion in WTO and e-Trade
The purpose of this study is to review and analyze major issues of WTO's trade facilitation and to suggest appropriate negotiation strategy for Korea in case of its adoption as one of WTO's new trade agenda. Furthermore, among var..
Chan-Hyun Sohn et al. Date 2001.12.30
DownloadContentSummaryThe purpose of this study is to review and analyze major issues of WTO's trade facilitation and to suggest appropriate negotiation strategy for Korea in case of its adoption as one of WTO's new trade agenda. Furthermore, among various areas of trade facilitation, this study puts particular emphasis on e-Trade area and gives policy implications to modernize and globalize related institution and infrastructure. (The rest is omitted.) -
Information and Telecommunication Cooperation in Preparation for the Reunified Korea
It is hoped that the South and the North Korea be reunified thanks to new detente and remarkable progress in South-North exchanges. Hence, it is imperative to prepare for the integration of individual sectors between the South and..
Youngse Kim Date 2001.12.30
Technical cooperationDownloadContentSummaryIt is hoped that the South and the North Korea be reunified thanks to new detente and remarkable progress in South-North exchanges. Hence, it is imperative to prepare for the integration of individual sectors between the South and the North. In particular, the information and telecommunications sector is one of the major determinants of magnitude and speed of mutual exchanges and economic cooperations. The purpose of this research is to propose cooperations and action plans for the information and telecommunications sector in terms of establishment of backbone networks, construction of telecommunications infrastructure and realization of information society.The results of this research can be summarized as follows. First, cooperative efforts should be made in multi-dimensional directions. Concrete actions should include the support of KEDO telecommunications, construction and operation of South-North official telecommunication lines, cooperations between Ministry of Information and Communications and Ministry of Postal Services, cooperations of telecommunications for Mt.Kum-Kang tour. (The rest is omitted.) -
Economic Effects of Korea-Japan FTA and Policy Implications on Korea
After the Asian financial crisis, Korea and Japan have recognized the merits of the free trade agreements that have proliferated through the world during last decades, and decided to pursue regionalism that promotes bilateral trad..
Inkyo Cheong Date 2001.12.30
Free tradeDownloadContentSummaryAfter the Asian financial crisis, Korea and Japan have recognized the merits of the free trade agreements that have proliferated through the world during last decades, and decided to pursue regionalism that promotes bilateral trade among member countries. Currently, Korea and Japan are in the process of negotiating free trade agreements with Chile and Singapore, respectively. (The rest is omitted.)