Working Papers
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Working Papers
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Korea's FTA Policy: Current Status and Future Prospects
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 Korea's eligible FTA partner an..
Chan-Hyun Sohn et al. Date 2001.09.30
Trade policy, 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 Korea's eligible FTA partner and draws important implications on how Korea's future FTA policy should be developed. (The rest is omitted.) -
Is APEC Moving Towards the Bogor Goal?
The achievement of the Bogor Goal has been mentioned in many APEC statements. However, APEC has not yet much discussed how to achieve it and has shown very poor performance so far, although some progress has been made in instituti..
Kyung Tae Lee et al. Date 2001.08.20
Free tradeDownloadContentSummaryThe achievement of the Bogor Goal has been mentioned in many APEC statements. However, APEC has not yet much discussed how to achieve it and has shown very poor performance so far, although some progress has been made in institutional development, membership and coverage of issues. (The rest is omitted.) -
Regional Financial Arrangements in East Asia: Issues and Prospects
The Asian financial crises provided a strong impetus for East Asia to reform and strengthenits domestic financial systems. At the same time, a strong need has arisen for developinga framework to support regional financial cooperat..
Yoon Hyung Kim et al. Date 2001.08.15
Economic integrationDownloadContentSummaryThe Asian financial crises provided a strong impetus for East Asia to reform and strengthenits domestic financial systems. At the same time, a strong need has arisen for developinga framework to support regional financial cooperation to prevent and manage such crises inthe future. (The rest is omitted.) -
A Guide to Market Opening
This book seeks to enhance the general public's perception of market opening and to promote awareness in the general public through giving concrete examples.Furthermore, by explaining issues in disputes related to market opening i..
Date 2001.06.25
Economic openingDownloadContentSummaryThis book seeks to enhance the general public's perception of market opening and to promote awareness in the general public through giving concrete examples.Furthermore, by explaining issues in disputes related to market opening in a user-friendly manner, this book attempts to enhance public interest and understanding regarding market opening. -
New International Financial Architecture and Korean Perspectives
Tae-jun Kim et al. Date 2001.05.25
Financial policy, Capital marketDownloadContentPreface
Editorial Notes
Contents
Reforming the International Financial System / Lee, Hyun-Hoon(Kangwon National University) ; Yang, Doo Yong(The Korea Institute for International Economic Policy)
Managing International Capital Flows : The Case of Korea / Kim, Kyung-Soo(Sungkyunkwan University)
Managing International Capital Flows : Microeconomic Issues of Capital Flows / Yun, Chang-Hyun(Department of Trade, Myongji University)
The Choice of Exchange Rate Regime and Capital Mobility : An Emerging Market Economies Perspective / Ryou, Jai-Won(Konkuk University) ; Kim, Tae-Joon(Dongduk Women's University)
The Effects of Implementing International Standards on Emerging Financial Markets / Lee, Keun Yeong(Sungkyunkwan University)
The Korean Currency Crisis and Reform of International Financial Institution / Choi, Changkyu(Department of Economics, Catholic University)
Private Sector Involvement : A Korean Perspective / Park, Won-Am(Hongik University)
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European economic environment after the introduction of the Euro: Recent developments and prospects
Two years have passed since the birth of the single European currency. Before its birth, many analyses and predictions were published about the possibility and the future impact of the Euro on the EU and the world economy. Therefo..
Cheol-Won Lee et al. Date 2001.05.20
Economic integrationDownloadContentSummaryTwo years have passed since the birth of the single European currency. Before its birth, many analyses and predictions were published about the possibility and the future impact of the Euro on the EU and the world economy. Therefore, a thorough analysis is needed to compare the current developments after the launch of the Euro and the forecasts made before its launch. Before the launch of the Euro, predictions about it can be broadly summarized into four types.
First, the Euro will become a strong currency. Second, it will become an international currency challenging the role of the US dollar. Third, the integration of European financial markets will accelerate. Fourth, the actual European economy will become more effective. Now, the objective of this report is to review and evaluate these predictions by analysing the achievements of the Euro during the past two years. (The rest is omitted.) -
A Korea-Japan FTA: Economic Effects and Policy Implications
Chan-Hyun Sohn Date 2001.03.30
Free trade -
Impact of China's Accession to the WTO and Policy Implications for Asia-Pacific Developing Economies
This paper analyzes the economic impact of China's entry into the WTO on developing economies in the Asia-Pacific region (AP developing economies), and provides guidance for their national policies. (The rest is omitted.)
Wook Chae et al. Date 2001.03.30
Economic opening, Multilateral negotiationsDownloadContentSummaryThis paper analyzes the economic impact of China's entry into the WTO on developing economies in the Asia-Pacific region (AP developing economies), and provides guidance for their national policies. (The rest is omitted.) -
Does the Gravity Model Fit Korea's Trade Patterns? Implications for Korea's FTA Policy and North-South Korean Trade
The purpose of this paper is to empirically analyze Korea's trade patterns based on the gravity model and to suggest possible ways to expand trade by identifying important factors determining Korea's bilateral trade flows. The gra..
Chan-Hyun Shon et al. Date 2001.03.30
Trade structure, Trade policyDownloadContentSummaryThe purpose of this paper is to empirically analyze Korea's trade patterns based on the gravity model and to suggest possible ways to expand trade by identifying important factors determining Korea's bilateral trade flows. The gravity model assumes that trade flows between two countries are positively related to their economic size and negatively related to the distance between them. By taking into account geographical factors, such as distance, population and adjacency, which had long been disregarded by international trade theorists, the gravity model is now recognized as one of the best models for explaining international trade volumes. (The rest is omitted.) -
Analysis of the Economic Effects of Korea's FTAs with Japan, China and the U.S.
While the world economy is becoming more integrated on the basis of the multilateral system of the WTO, there is also the additional strengthening tendency of regionalism due to the widening and deepening of regional economic agre..
Chan-Hyun Sohn Date 2001.03.28
Free tradeDownloadContentSummaryWhile the world economy is becoming more integrated on the basis of the multilateral system of the WTO, there is also the additional strengthening tendency of regionalism due to the widening and deepening of regional economic agreements.
Amid the rapid rise of regional trading agreements in the world economy, Korea also feels a strong need to initiate an active FTA policy. Through an FTA, Korea could actively respond to the spread of regionalism, modernize its economic structures, secure stable export markets, stimulate FDI, enhance its productivity and international competitiveness, thus maximizing the gains of trade and stimulating economic growth. (The rest is omitted.)