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Working Papers
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How to Cope with the Expansion of FTAs?
The purpose of this paper is to give a general picture of Korea's FTA policy in terms of its background, current status and future challenges. Further, it suggests selection criteria for determining eligible FTA partners for Korea..
Inkyo Cheong Date 2001.11.10
Free tradeDownloadContentSummaryThe purpose of this paper is to give a general picture of Korea's FTA policy in terms of its background, current status and future challenges. Further, it suggests selection criteria for determining eligible FTA partners for Korea and draws important implications on how Korea's future FTA policy should be developed. -
The Liberalization of the Agricultural Market: Advantages and Disadvantages
This book seeks to enhance the general public's understanding of agricultural policies and to explain the WTO Agreement on Agriculture. This book therefore attempts to enhance public interest and understanding of the liberalizatio..
Yoo Cheul Song Date 2001.11.07
Economic openingDownloadContentSummaryThis book seeks to enhance the general public's understanding of agricultural policies and to explain the WTO Agreement on Agriculture. This book therefore attempts to enhance public interest and understanding of the liberalization of the agricultural market and important related issues. -
The Epoch of the Free Trade Agreement
This book seeks to correct general public's imprecise perception of a Free Trade Agreement (FTA) and to promote awareness in the general public of the benefits of FTA. Furthermore, by explaining issues in dispute related to FTA ea..
Inkyo Cheong Date 2001.11.05
Free tradeDownloadContentSummaryThis book seeks to correct general public's imprecise perception of a Free Trade Agreement (FTA) and to promote awareness in the general public of the benefits of FTA. Furthermore, by explaining issues in dispute related to FTA easily to understand, this book attempts to enhance public interest and understanding on FTA. -
Openness to Trade and Changes in Korea's Manufacturing Sector
Openness to Trade and Changes in Korea's Manufacturing SectorSang-yirl Nam Since the Uruguay Round (UR) of the most recent multilateral trade negotiations, there have been substantial shift and spread of interests from lowering t..
Sang-yirl Nam Date 2001.10.30
Economic openingDownloadContentSummaryOpenness to Trade and Changes in Korea's Manufacturing SectorSang-yirl Nam
Since the Uruguay Round (UR) of the most recent multilateral trade negotiations, there have been substantial shift and spread of interests from lowering tariff on manufacturing goods to reducing other barriers (nontariff as well as tariff) related to trade in agricultural products, services, intellectual properties and investment. The implementation of tariff concessions in the UR began in 1995 with the establishment of the WTO and was completed with some exceptions by January 1, 1999. Now we expect the launch of another round of multilateral trade negotiations, so called the New Round, for additional trade liberalizations in the near future. (The rest is omitted.) -
Impact of FDI on Competition: The Korean Experience
Korea has seen tremendous changes in its foreign economic relations since the outbreak of the currency cum financial crisis in 1997. One notable consequence of the crisis is a significant increase in foreign investment, following..
Mikyung Yun et al. Date 2001.10.30
Foreign investmentDownloadContentSummaryKorea has seen tremendous changes in its foreign economic relations since the outbreak of the currency cum financial crisis in 1997. One notable consequence of the crisis is a significant increase in foreign investment, following dramatic liberalization measures and aggressive solicitation of foreign investors. Ceilings on foreign equity ownership in the stock market have been eliminated, cross border mergers and acquisitions (M&As) are now allowed and foreign land ownership has been fully liberalized. (The rest is omitted.) -
How Will WTO Service Negotiations Influence Korea?
This book seeks to correct the general public's perception of WTO service negotiations and to promote awareness in the general public of the benefits of WTO service negotiations through giving concrete examples. Furthermore, by ex..
June-Dong Kim Date 2001.10.30
Multilateral negotiationsDownloadContentSummaryThis book seeks to correct the general public's perception of WTO service negotiations and to promote awareness in the general public of the benefits of WTO service negotiations through giving concrete examples. Furthermore, by explaining issues in disputes related to WTO service negotiations in an easy-to-understand format, this book attempts to enhance public interest for the issue. -
Capital Market Liberalization and Macroeconomic Performance: Case of Korea
Chapter I. IntroductionMany emerging market economies have relaxed and removed statutory restrictions on capital account transactions and liberalized domestic financial markets to capture the benefits of capital inflows. However,..
Soyoung Kim et al. Date 2001.10.30
Financial liberalization, Capital marketDownloadContentSummaryChapter I. Introduction
Many emerging market economies have relaxed and removed statutory restrictions on capital account transactions and liberalized domestic financial markets to capture the benefits of capital inflows. However, in a number of cases, capital account liberalization and ensuing capital surges seem to be associated with financial crises. While capital account liberalization does not necessarily lead to financial crisis, it is true that high capital mobility can easily drive an emerging economy to be more vulnerable to outside shocks by complicating its macroeconomic management. (The rest is omitted.) -
OECD Regulatory Studies: Regulatory Compliance
Regulation refers to diverse set of instruments, such as laws, formal and informal orders, and subordinate rules issued by governments as well as rules issued by non-governmental bodies or self-regulatory bodies to whom government..
Junsok Yang et al. Date 2001.10.25
DownloadContentSummaryRegulation refers to diverse set of instruments, such as laws, formal and informal orders, and subordinate rules issued by governments as well as rules issued by non-governmental bodies or self-regulatory bodies to whom governments have delated regulatory powers. Governments use regulations to set requirements on enterprises and citizens, in order to carry out social goals or objectives which is deemed worthy. Regulations, when correctly applied, are useful tools to raise social and economic welfare; but when regulations are badly designed, or applied inefficiently, then it can lower social or economic welfare by distorting incentives to enterprises and citizens in the economy. (The rest is omitted.) -
Why the Introduction of the WTO New Round?: Disputes and Implications
This book seeks to enhance the general public's perception of the WTO New Round and to promote awareness in the general public through giving concrete examples. Furthermore, by explaining issues in dispute related to the WTO New R..
Date 2001.10.23
Multilateral negotiationsDownloadContentSummaryThis book seeks to enhance the general public's perception of the WTO New Round and to promote awareness in the general public through giving concrete examples. Furthermore, by explaining issues in dispute related to the WTO New Round in a user-friendly format, this book attempts to enhance public interest and understanding regarding the issue. -
Is the East Asian Development Model Dead?
This study analyzes the East Asian development model after the financial crisis and discusses prospects for strengthening international competitiveness, suggesting policy directions for the Korean government.The structure of this ..
Lee Kyung Tae Date 2001.10.15
Economic development, Financial crisisDownloadContentSummaryThis study analyzes the East Asian development model after the financial crisis and discusses prospects for strengthening international competitiveness, suggesting policy directions for the Korean government.
The structure of this study is as follows: In Chapter 1, the limitations of the East Asian development model are presented. In Chapter 3, the relationship between cause and effect for the East Asian development model and financial crisis is examined in terms of the characteristics and structural vulnerability of East Asia. In Chapter 4, the direction of the East Asian development is revised.