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The Linkage between FDI and Trade: Focusing on Korea's FDI into China and Japan's FDI into Korea
This study aims to find the FDI-trade linkage between host and home countries, focusing especially on the effects of FDI on trade flows and their contribution to regional integration. (The rest is omitted.)
Chang-Soo Lee Date 2002.12.30
Trade structure, Overseas direct investmentDownloadContentSummaryThis study aims to find the FDI-trade linkage between host and home countries, focusing especially on the effects of FDI on trade flows and their contribution to regional integration. (The rest is omitted.) -
The Current Profiles of the WTO Negotiating Group on Rules: Issues and Prospects
The Current Profiles of the WTO Negotiating Group on Rules: Issues and ProspectsMoonsung Kang·Jae-Bong Ro·Chong-Wha Lee At the WTO Doha Ministerial Conference, trade ministers representing over 140 countries agreed to discuss i..
Moonsung Kang et al. Date 2002.12.30
Multilateral negotiations, Anti-dumping systemDownloadContentSummaryThe Current Profiles of the WTO Negotiating Group on Rules: Issues and Prospects
Moonsung Kang·Jae-Bong Ro·Chong-Wha Lee
At the WTO Doha Ministerial Conference, trade ministers representing over 140 countries agreed to discuss issues of antidumping, subsidies, and regional trade agreements at meetings of the Negotiating Group on Rules (NGR). However, WTO members decided at the first NGR meeting to cover four issues, instead of three, including fisheries subsidies. (The rest is omitted.) -
Performance of EMS and Its Implication to East Asia
Since the collapse of the Bretton Woods system in the early 1970s, the European countries have developed their own exchange rate system. By establishing the Snake, European Monetary System and European Economic and Monetary Union,..
Jonghwa Cho et al. Date 2002.12.30
Financial cooperationDownloadContentSummarySince the collapse of the Bretton Woods system in the early 1970s, the European countries have developed their own exchange rate system. By establishing the Snake, European Monetary System and European Economic and Monetary Union, they tried to control exchange rate fluctuations within the region while allowing fluctuations against the dollar. (The rest is omitted.) -
Comprehensive Review of The Doha Development Agenda Negotiation - 2002
Comprehensive Review of the Doha Development Agenda Negotiations during 2002Nakgyoon Choi et al. The DDA (Doha Development Agenda) negotiations launched in November 2001 are the ninth multilateral trade negotiations in history aft..
Nakgyoon Choi et al. Date 2002.12.30
Monetary policyDownloadContentSummaryComprehensive Review of the Doha Development Agenda Negotiations during 2002
Nakgyoon Choi et al.
The DDA (Doha Development Agenda) negotiations launched in November 2001 are the ninth multilateral trade negotiations in history after the Uruguay Round negotiations which were concluded in 1994. In 2002, the DDA negotiations focused on the six official agenda items of agriculture, services, non-agricultural market access, rules, TRIPS, and trade and environment. The WTO member countries also actively discussed the two other issues: the so-called Singapore issues, which include investment, competition policy, transparency in government procurement, and trade facilitation, and the trade and development issue. (The rest is omitted.) -
Localization of the Business Management of Korean Foreign Investment Enterprises(FIE's) in China
Localization of the business management of Korean foreign investment enterprises(FIE's) in China is becoming one of the key success factors for their good economic performances. They are just beginning to execute the localization ..
Gwan-Ho Paik et al. Date 2002.12.30
Business managementDownloadContentSummaryLocalization of the business management of Korean foreign investment enterprises(FIE's) in China is becoming one of the key success factors for their good economic performances. They are just beginning to execute the localization of their business management, especially after experiencing the excessive labor dispute in the middle of 1990's. For this research, 38 Korean FIE's have been surveyed and more than 1,000 Chinese employees of Korean FIE's interviewed for a month, July in 2001. (The rest is omitted.) -
Industrial Development and Trade patterns in Southeast Asia
Southeast Asian countries have achieved remarkable economic growth since the mid 1980s by applying new development strategies that include actively hosting foreign direct investment(FDI) through trade liberalization. As outward-o..
Yul Kwon et al. Date 2002.12.30
Trade structure, Industrial structureDownloadContentSummarySoutheast Asian countries have achieved remarkable economic growth since the mid 1980s by applying new development strategies that include actively hosting foreign direct investment(FDI) through trade liberalization. As outward-oriented growth strategies became regularized in this process, each country experienced significant structural changes in terms of industrial development and trade patterns. In the wake of liberalization of capital transfer under the globalized production mechanism and rapid value appreciation of the Deutsche Mark and Japanese Yen, these elements have played a major role for allowing industrial development and structural changes to occur in the Southeast Asia region, which have risen as production strongholds of Japanese corporations. (The rest is omitted.) -
The DDA Negotiations on Non-Agricultural Market Access and Their Impact on International Tariff Systems
The DDA Negotiations on Non-Agricultural Market Access and Their Impact on International Tariff SystemsNakgyoon Choi and Jaeho CheungA review of the DDA negotiations on non-agricultural market access in 2002 reveals that there are..
Nakgyoon Choi et al. Date 2002.12.30
Tariffs, Multilateral negotiationsDownloadContentSummaryThe DDA Negotiations on Non-Agricultural Market Access and Their Impact on International Tariff Systems
Nakgyoon Choi and Jaeho Cheung
A review of the DDA negotiations on non-agricultural market access in 2002 reveals that there are three groups of contentious issues for future discussions. The first group includes issues related to the question of how to cut tariffs and eliminate/reduce the high tariffs and tariff escalation systems. The second group includes issues related to the following technical aspects: (i) introduction of the procedures for converting non-ad valorem tariffs to ad valorem tariffs, (ii) the base rates and base year for tariff reduction, (iii) special and differential treatment (S&DT) of the least developed countries, (iv) scope of the environment goods. And, the third group of issues deals with the problem of defining non-tariff barriers and determining the scope of the negotiations. (The rest is omitted.) -
Possible Scenarios for North Korea's Financial Reform Based on the Experience of Transition Countries
Possible Scenarios for Financial Reform in North Korea Based on the Experiences of Transition CountriesDeok Ryong YoonㆍHyung Gon JungㆍYoung Sook NamWith the collapse of its economy in the 1990s, the North Korean government was u..
Deok Ryong Yoon et al. Date 2002.12.30
North Korean economyDownloadContentSummaryPossible Scenarios for Financial Reform in North Korea Based on the Experiences of Transition Countries
Deok Ryong YoonㆍHyung Gon JungㆍYoung Sook Nam
With the collapse of its economy in the 1990s, the North Korean government was unable to sustain its traditional rationing system. North Korean people had to rely on themselves for food and necessities. Under this situation, the role of government planning has diminished, while the private sector has expanded. This change has induced marketization and monetization from the bottom. Monetary transactions have become increasingly important in the North Korean economy. Now market mechanisms serve as de facto substitutes for parts of the planning mechanism in the North. A well functioning financial sector is indispensable for the maintenance of market mechanisms. Even though the private sector and market mechanisms have been expanding, the lack of a financial sector imposes limits to the country's economic improvement and increases its macroeconomic instability. (The rest is omitted.) -
The Long-Run Stagnation of the Japanese Economy and Its Implications for the Korean Economy
The Japanese economy has gone from an admirable global benchmark for superb growth performance to a degenerate model that should be avoided by policy-makers of all countries. The decline of the Japanese economy is obvious in almo..
Dae-Keun Park et al. Date 2002.12.30
Economic developmentDownloadContentSummaryThe Japanese economy has gone from an admirable global benchmark for superb growth performance to a degenerate model that should be avoided by policy-makers of all countries. The decline of the Japanese economy is obvious in almost all indicators, including the GDP growth rate, the unemployment rate, the bankruptcy rate and the ratio of non-performing loans. Stock prices and real estate prices have descended to the levels of the mid-1980s. It is no wonder that the 1990s have been termed "the lost decade." What is worse, with deflation continuing into the twenty-first century, Japan has yet to find its way out of the current quagmire. We even hear warnings of a possible economic crisis in Japan.
Japan's long-run stagnation or economic crisis is not likely to be contained within its borders. The slump of the world's second economic power not only slows down global economic growth, it also poses a significant threat to emerging market economies like Korea, which depend heavily on exports for their economic performance. (The rest is omitted.) -
Biological Diversity and Benefit Sharing: WTO TRIPS Discussions from the Korean Perspective
Biological Diversity and Benefit Sharing: WTO TRIPS Discussions from the Korean PerspectiveMikyung Yun The relationship between the TRIPS Agreement and the Convention on Biological Diversity(CBD) was designated as a priority age..
Mikyung Yun et al. Date 2002.12.30
DownloadContentSummaryBiological Diversity and Benefit Sharing: WTO TRIPS Discussions from the Korean Perspective
Mikyung Yun
The relationship between the TRIPS Agreement and the Convention on Biological Diversity(CBD) was designated as a priority agenda for discussion by the 2001 Doha Ministerial. The discussion on this agenda involves rules regarding access to and sharing the benefits of biological diversity, or genetic resources. The issue is characterized by the tremendous dissatisfaction expressed by the developing countries regarding the review of rules governing bio-technology patents and its impact on biological diversity of developing countries, an outstanding implementation issue. (The rest is omitted.)