KIEP Newsletter Vol. 8 No. 8
KIEP Newsletter Vol. 8 No. 8 | April 17, 2020 | Print
The Economic Effects of Multinational Corporation Withdrawal and Policy Implications
Minsoo Han, Hyuk-Hwang Kim, Hyelin Choi, Danbee Park, Jisu Kim / World Economy Brief 20-08
The shutdown of the GM Koreas Gunsan plant in May 2018 heightened social interest in the withdrawal of mutlinational corporations (MNCs). Against this backdrop, the forthcoming research The economic effects of multinational corporation withdrawal and policy responses studies the previous cases of MNC withdrawal, estimates the effects on labor market., and provides policy directions to address to the withdrawal. This note summarizes some of its important results.
Is This Time Different? The Coronavirus Crisis and Its Impacts on the Financial Market
Hyo Sang KIM
The coronavirus outbreak has rapidly spread out around the world. It is the worst pandemic episode that is leading to severe deterioration in the real economy and turmoil in the financial market. This time, corporate credit is known as Achilles' heel to turn into a financial crisis. The US government and monetary authority adopt several aggressive policy responses to prevent turmoil in the financial market that can potentially escalate into a financial crisis. However, it should be aware of the burden and the subsequent side-effect of the policy tools.
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Call for Applications: Visiting Scholars Program for 2020
KIEP invites prominent researchers and academics to join its Visiting Scholars Program. Launched in 2009, the program aims to promote cross-border exchanges of knowledge, information, insights, and expertise among scholars from different backgrounds. Up to now, 98 scholars from 35 countries have participated in the program since its inception.
Visiting scholars are encouraged to actively engage in research and networking activities during their time at KIEP. KIEP will provide various supports to help visiting scholars achieve their goals and make the best out of their participation in the program.
If you are interested in applying to the program for 2020, please find further information on eligible fields, qualifications, responsibilities and benefits, etc. on our website.
More details regarding the KIEP Visiting Scholars Program
Call for Research Topics for KIEP
KIEP is seeking innovative, timely and essential topics for research. We sincerely hope to receive any suggestions you might have for research topics, which you believe KIEP should pursue. We would like to listen to opinion of experts from various areas and make significant contributions to the governments' decision-making process.
Your insightful ideas and suggestions will be carefully reflected in our planning of new research projects and contribute ultimately to formulating policies for a more open international economic order.
Please send us your ideas and suggestions via email, fax, or post at your convenience.
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