Policy Analyses
RESEARCH
Policy Analyses
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APEC Study Consortium Roundtable: The Meaning of the 5th APEC Summit Meeting
The Korea Institute for International Economic Policy co-hosted this seminar with the Korea National Committee for Pacific Economic Cooperation and the Korea Economic Daily on 'APEC Study Consortium Roundtable: The Meaning of the ..
Hyungdo Ahn Date 1997.11.15
Economic DevelopmentDownloadContentSummaryThe Korea Institute for International Economic Policy co-hosted this seminar with the Korea National Committee for Pacific Economic Cooperation and the Korea Economic Daily on 'APEC Study Consortium Roundtable: The Meaning of the Fifth APEC Summit Meeting' on 24-25 November, 1997.
The aims of this seminar were to examine the meaning of the fifth APEC summit meeting and to voice Korea's standpoint on important issues handled through APEC. With the participation of many distinguished scholars and experts who are directly or indirectly involved in the negotiation process, Korea's vision and policies will be discussed as well as Korea's role in the APEC arena from various point of view.
These proceedings are a collection of the lectures, papers and formal comments made by the speakers and discussants. -
Implications of Korean Unification for International Cooperation
Robert A.Scalapino Date 1997.09.25
Economic Cooperation, Political Economy -
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U.S. Trade Policy under Clintons's Second Term
U.S. Trade Policy under Clinton's Second Term Yunjong Wang Currently, U.S. trade policy makers are taking a multi-track approach to take advantage of various trade fora. In principle, the United States supports the global free tr..
Yun-Jung Wang Date 1997.09.10
Trade PolicyDownloadContentSummaryU.S. Trade Policy under Clinton's Second Term Yunjong Wang Currently, U.S. trade policy makers are taking a multi-track approach to take advantage of various trade fora. In principle, the United States supports the global free trading system under the WTO. However, much of current U.S. trade policy is bilateral in nature and often protectionist. U.S. trade laws justify reciprocity and retaliation based on the concept of fairness. Thus, American trade policy can be characterized as one having strategic motivation for opening foreign markets rather than one pursuing global free trading system.
The Clinton Administration is now asserting that it will bridge to the future through successful completion of is second term. While the U.S. government continues to exert its hegemonic power in every aspect of foreign affairs (such as diplomacy, security, and commerce) based on sustained and sound growth of the U.S. economy, it will make further efforts to strengthen its leadership over the world political and economic arenas in the 21st century. In trade policy, the Clinton Administration will continue to make attempts at opening foreign markets, particularly in China, Japan, Korea, and other Asian countries. -
How Japan is Coping with its Macroeconomic and Structural Adjustment Problems : Lessons for Korea
Hugh T.Patrick Date 1997.09.05
Economic Development, Financial System -
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DownloadContentContents
I. The GATT in Context
II. From GATT to WTO
III. Regionalism, the next "big idea," and unanswered questions
IV. Conclusions
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Impact of Foreign Direct Investment Liberalization: The Case of Korea
This paper seeks to investigate the impact of Korea's foreign direct investment (FDI) liberalization on its economy. Estimation of externalities in production using the available aggregate data reveals that increased production of..
June-Dong Kim Date 1997.08.20
Exchange RateDownloadContentSummaryThis paper seeks to investigate the impact of Korea's foreign direct investment (FDI) liberalization on its economy. Estimation of externalities in production using the available aggregate data reveals that increased production of foreign invested enterprises (FIEs) has a significantly positive effect on the production of domestic firms during 1984-86. Through technology transfer, FIEs helped the semiconductor industry to develop into a world-wide dominance in memory chips. They also contributed to the pharmaceutical industry in inventing new drugs by raising research capabilities. Besides technology transfer, opening-up of the domestic market to FDI is changing Korea's industrial structure. The FDI liberalization in the retail industry has replaced the manufacturer-dominated structure with the retailer-dominated ones. -
Economic Integration Policy in MERCOSUR and its Future Prospects
Won Ho Kim Date 1997.06.30
Economic Integration