International Conference Commemorating the 3rd Visit of CES to Korea


◈ Conference Theme: Globalization and Regionalism of the Northeast Asian Economies

◈ Conference Hosts:
Northeast Asian Economic Association of Korea (NEAK)
Korea Institute for International Economic Policy (KIEP)
Chinese Economists Society (CES)

◈ Conference Sponsors:
Maeil Business Newspaper
Presidential Committee on Northeast Asian Cooperation Initiative
The Asia Research Fund

◈ The presentation will proceed in English

◈ Please find attached the program

◈ For further information, please contact Mr. Kim (☏ 3460-1135, Fax: 3460-1212, e-mail: hhkim@kiep.go.kr)


Invitation

Northeast Asia has been a center of culture and civilization since the beginning of history, until it was
overwhelmed by the scientifically and technologically superior West, ultimately accepting a large part
its of institutions and ideas. Starting in the latter half of the 20th century, Northeast Asia has changed
through imitation and creation into a region showing vibrant change and progress in the areas of
economics, politics, society and culture. In the 21st century, it again stands at the center of global
change. Northeast Asia’s Korea, China, and Japan, together with Europe and America, have become
the three axes of world leadership. Geographically, apart from these producer and consumer markets of Korea, China, and Japan, the natural resources market of Siberia-Russian Far East exists in Northeast Asia. This is a region possessing the rare combination of all necessary factors for development. Why
Northeast Asia? The immediate reason Northeast Asia is once again receiving the spotlight is the rapid economic development of China. It is especially timely that we are co-hosting with the Korea Institute for
International Economic Policy and the Chinese Economists Society this international conference to
assess the current economic situation of FTAs in Northeast Asia and the region’
s response to globalization, under the theme of Globalization and Regionalism of the Northeast Asian Economies, to celebrate the third visit to Korea of the Chinese Economists Society in America.

Your attendance and participation at the conference will be greatly appreciated. In concluding, I would
like to say a word of thanks to the Maeil Business Newspaper, the Presidential Committee on Northeast
Asian Business Hub, and The Asia Research Fund for their assistance in making this conference
possible. Thank you very much.

July 2004

Professor Kap-Young Jeong, President
Northeast Asian Economic Association of Korea

Dr. Choong-Yong Ahn , President
Korea Institute for International Economic Policy

Professor Shunfeng Song, President
Chinese Economists Society




- Program -

9:00 ~ 9:30 am: Registration

9:30 ~ 10:00 am: Opening Remarks

Professor Kap-Young Jeong of Yonsei University, President of NEAK
Dr. Choong-Yong Ahn, President of KIEP
Professor Shunfeng Song of University of Nevada-Reno, President of the CES

10:00 a.m. ~ Noon:
sessionxx I: Trade and FTA in Northeast Asia
Chairperson: Dr. Choong-Yong Ahn (President, KIEP)

Paper Presenters:
Wang, Yanling (Carleton University), “Trade Related Technology Diffusion and Productivity
Gains in Korea: Implications for a Free Trade Agreement with Japan”.

Nam, Sang-Yirl (KIEP), “Trade Structure and Trade Potential in Northeast Asia”.

Lu, Ding (National University of Singapore), “Impact of China’s Rise as a Manufacturing Hub on
Its Neighboring Economies: Some Evidence from the Electrical and Electronic Industry”.

Baker, Samuel (TNR), “Secular Trends Drive Regional Growth and Investment Opportunities”.

Discussants:
Oh, Yong-Suk (Kyungsung University)
Lin, Songhua (Denison University)
Hwang, Eui-Gak (Korea University)
Lee, Keun (Seoul National University)

Noon ~ 2:00 p.m.
Keynote Speech and Lunch hosted by the Presidential Committee on Northeast Asian
Business Hub (Chairman: Chung-In Moon)

2:00 ~ 3:45 p.m.
sessionxx II: Investment and FDI in China
Chairperson: Doowon Lee (Yonsei University)

Paper Presenters:
Xing, Yuqing (University of Japan), “Why is China so Attractive for FDI? The Role of Exchange Rates”.

Shim, Ui Sup (Myungji University) and Yong Zhe Li (Yanbian University), “The Prospects and
Characteristics of Korean Investment in Bohai Basin in China”.

Zhang, Jun (Fudan University), “Investment, Investment Efficiency and Economic Growth in China ”.

Discussants:
Kim, Iksu (Korea University)
Xu, Yingfeng (University of Alberta)
Lee, Chang-Soo (KIEP)

3:45 ~ 4:00 p.m.
Coffee Break

4:00 ~ 5:45 p.m.
sessionxx III: Issues in International Finance and Globalization
Chairperson: Shunfeng Song (University of Nevada)

Paper Presenters:
Park, Jung Dong (University of Incheon), “Chinese Perspective of Globalization”.

Chang, Gene Hsin (University of Toledo), “Valuation of the Chinese Currency and Its Relevance
to the Rest of the World”.

Xu, Yingfeng (University of Alberta), “China Can Afford a Bit of Inflation”.

Discussants:
Tong, Sarah (National University of Singapore)
Yang, Dooyong (KIEP)
Kim, Jin-Guk (Konyang University)