Policy Reference
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Policy Reference
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DownloadContentContents
I. The GATT in Context
II. From GATT to WTO
III. Regionalism, the next "big idea," and unanswered questions
IV. Conclusions
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Impact of Foreign Direct Investment Liberalization: The Case of Korea
This paper seeks to investigate the impact of Korea's foreign direct investment (FDI) liberalization on its economy. Estimation of externalities in production using the available aggregate data reveals that increased production of..
June-Dong Kim Date 1997.08.20
Exchange rateDownloadContentSummaryThis paper seeks to investigate the impact of Korea's foreign direct investment (FDI) liberalization on its economy. Estimation of externalities in production using the available aggregate data reveals that increased production of foreign invested enterprises (FIEs) has a significantly positive effect on the production of domestic firms during 1984-86. Through technology transfer, FIEs helped the semiconductor industry to develop into a world-wide dominance in memory chips. They also contributed to the pharmaceutical industry in inventing new drugs by raising research capabilities. Besides technology transfer, opening-up of the domestic market to FDI is changing Korea's industrial structure. The FDI liberalization in the retail industry has replaced the manufacturer-dominated structure with the retailer-dominated ones. -
Economic Integration Policy in MERCOSUR and its Future Prospects
Won Ho Kim Date 1997.06.30
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International Economic Implications of Korean Unification
The possibility of a North Korean collapse has attracted much attention from parties both inside and outside Korea. One indicator of imminent collapse is the recent flood of North Korean defectors to the South. Dozens of North Kor..
YoungRok Cheong Date 1997.02.25
DownloadContentSummaryThe possibility of a North Korean collapse has attracted much attention from parties both inside and outside Korea. One indicator of imminent collapse is the recent flood of North Korean defectors to the South. Dozens of North Koreans have been reported every day crossing over to South Korean embassies in countries in economic transition such as China. South Korean diplomats, however, have generally rejected such requests.
This book is a compilation of the proceedings from the seminar on International Economic Implications of Korean Unification held on June 28-29, 1996 in Seoul, organized by the Korea Institute for International Economic Policy (KIEP) and The Korea Herald, in collaboration with the Asia Foundation and the Korea Economic Institute (KEI) of America. This publication should prove to be useful and timely considering recent developments surrounding the Korean peninsula. -
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