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Policy Reference
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Japanese Firms' Direct Investment in China: Recent Trends and Strategies
After the events of Tiananmen Square in 1989, many people doubted if China's economy could maintain reform and the open-door policy it had been pursuing for 10 years and recover the rate of FDI's increase.Unexpectedly, the Chinese..
Ick-Soo Kim Date 1993.12.31
Overseas direct investmentDownloadContentSummaryAfter the events of Tiananmen Square in 1989, many people doubted if China's economy could maintain reform and the open-door policy it had been pursuing for 10 years and recover the rate of FDI's increase.
Unexpectedly, the Chinese economy turned around quickly and FDI to China has increased dramatically. In terms of government policy, wages, labor and market, China has a more favorable environment to attract foreign investment than any other developing nation. For its part, Japan participated actively China's market after the yen gained strength in 1985.
This report estimates that in spite of economic recession in Europe and America since the 1990s and insufficient corporate funds, Japanese direct investment in China has increased rapidly.
This report suggests that the increase in Japan's direct investment in China reflects changes in the investment structures of the two countries. -
An Analysis of Foreign Trade and Financial Relations among CIS Countries
The study is designed to analyze progress, current issues and prospects of Commonwealth of Independent States (CIS) economic integration. Particular attention is paid to the implications of CIS economic integration for Korean firm..
Je-Hoon Park Date 1993.12.31
Financial policy, Trade policyDownloadContentSummaryThe study is designed to analyze progress, current issues and prospects of Commonwealth of Independent States (CIS) economic integration. Particular attention is paid to the implications of CIS economic integration for Korean firms.
After the collapse of the Soviet Union, the 11 former Soviet Republics, except Georgia, established the CIS in terms of military and alliance and economic links between them. However, the leaders of CIS countries have varied in their commitment and interest in regional economic integration, thus stifling any real progress in multilateral cooperation.
Although an agreement on establishing Interstate Bank (ISB) within CIS was concluded last year in 1993 to lay a foundation for the multilateral trading settlement system, it was not operated in practice. However, with the deepening of conflict between the conservative and revolutionary forces, CIS countries afraid of acquiring power through hard-line actions were beginnings to turn round their position. In this context, the agreement on establishing new ruble bloc and forming economic integration was concluded in the CIS summit talk in September 1993. CIS countries need to unite in a more powerful integrated grouping to achieve an upturn in the economy. -
Deepening of Asia-Pacific Economic Cooperation: Sectoral Issues and Prospects
This paper overviews recent efforts for and experiences in trade liberalization in APEC, with an emphasis on the sectoral approach, finding some points to be considered for further trade liberalization activities in APEC. The tech..
Co-authors Date 1993.12.31
Economic cooperationDownloadContentSummaryThis paper overviews recent efforts for and experiences in trade liberalization in APEC, with an emphasis on the sectoral approach, finding some points to be considered for further trade liberalization activities in APEC.
The technological levels and industry technology policies of Korea and the Asian Newly Industrialized Economies (ANIEs) are briefly examined in Section 1. In Section 2, APEC and sectoral approaches for energy and its private participation are reviewed. In Section 4, international management of straddling stocks and highly migratory fish and distant water fisheries are examined. In Section 5, the development of Electronic Data Interchange (EDI) in goods transport sector is reviewed. Finally, in Section 5, some devises to be considered for further joint cooperation of tourism marketing in APEC are proposed. -
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Laws on Mineral Resources Development in the Russian Federation
Sung-Ki Choi Date 1993.12.30
Economic development -
Economic Cooperation between Korea and China: Status and Prospects
Jong-Seuk An Date 1993.12.30
Economic cooperation -
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Political Aspects of Chinese Reform and “Open Policy”
Bo-Keun Lee Date 1993.12.30
Economic reform, Political economy