Policy Analyses
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Policy Analyses
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Analysis of Main Texts and Commitment Schedules of China's Previous FTA Service Agreement
In considering the volume of trade and size of bilateral foreign direct investment (FDI), obviously, China will be one of the most important free trade agreement (FTA) partners, which Korea will negotiate with some time in the fut..
Chang Kyu Lee et al. Date 2008.12.30
Trade policy, Free tradeDownloadContentSummaryIn considering the volume of trade and size of bilateral foreign direct investment (FDI), obviously, China will be one of the most important free trade agreement (FTA) partners, which Korea will negotiate with some time in the future. The Korea-China FTA has, therefore, been one of the key issues for both the policy-makers and researchers in Korea and a significant number of previous researches in this area have been accumulated. (The rest is omitted.) -
An Analysis on the Characteristics of Japan's EPAs and Policy Implications on Korea-Japan FTA
During the last decade, we have built a consensus on regional integration in East Asia arising from the harsh experience of financial crisis in the region and worldwide proliferation of regionalism on the contrary to stagnating mu..
Yang Hee Kim et al. Date 2008.12.30
Economic integration, Free tradeDownloadContentSummaryDuring the last decade, we have built a consensus on regional integration in East Asia arising from the harsh experience of financial crisis in the region and worldwide proliferation of regionalism on the contrary to stagnating multilateral negotiations under the WTO. Under the circumstance Korea and Japan launched a bilateral FTA negotiation December in 2003 emphasizing they would create a bridgehead towards East Asian regional integration. The negotiation, however, stopped after 6th meeting November 2004, and has not been resumed until the end of 2008 while the two economies have competed bilateral FTAs with other partners respectively since then. (The rest is omitted.) -
Prospects for European Foreign Policy
The crisis that resulted from the two failed referenda in France and the Netherlands in 2005, and Ireland in 2008, was a major shock to the European Union (EU). The prospects of the Lisbon Treaty being ratified during 2008 are hig..
Fraser Cameron Date 2008.12.30
Economic integration, Political economyDownloadContentExecutive Summary
I. The World Facing Europe in 2025
II. The Development of CFSP
The EU's Foreign Policy Record
ESDP - the Defence Dimension
III. The Internal/External Interplay
IV. The Making of EU Foreign Policy
V. The New High Representative/Vice President (Foreign Minister)
The External Service
Other Changes
Energy
VI. The Trade Paradigm
Effective Multilateralism
Future Prospects
ReferencesSummaryThe crisis that resulted from the two failed referenda in France and the Netherlands in 2005, and Ireland in 2008, was a major shock to the European Union (EU). The prospects of the Lisbon Treaty being ratified during 2008 are highly unlikely as the Irish may not hold a second referendum until the spring of 2009. Meanwhile all other EU Member States are committed to continuing the ratification process. Whatever the motives of those voting no, few dispute the thesis that in light of probable increasing threats to Europe during the coming decades there is an urgent need for a more coherent and effective EU as an actor on the international stage. Even if one considers the current global challenges, whether unrest in much of Africa and the wider Middle East, the re-emergence of Russia, the rise of China, dealing with terrorism, nuclear proliferation, energy security or climate change, it is clear that a united European voice will count far more than 27 disparate voices. (The rest is omitted.) -
The Impact of the EU Cultural Policy on European Integration and Its Implications for East Asia
This report was motivated by a number of recent events that have decelerated the European integration, including the failure of ratification of the European Constitution, and the fact that the European Union has started paying mor..
Date 2008.12.30
Economic integration, Industrial policyDownloadContentSummaryThis report was motivated by a number of recent events that have decelerated the European integration, including the failure of ratification of the European Constitution, and the fact that the European Union has started paying more attention to 'Culture'. At the background of this shift in policy focus is the recognition that recent failures have been partly induced by the feeling of 'democratic deficit', which has prevailed in the mindset of European peoples. In fact, citizens of Europe have felt an 'increasing distance' from 'Brussels', implying that decision made by the European Union not necessarily reflected their needs of daily life. Making the European people acquire European identity by making the EU visible and tangible has become one of policy tasks of the EU officials. These new developments in policy environment have motivated the EU policy circle to pay more attention to cultural programs, which are viewed as instruments to enhance the 'Unity in Diversity', by supporting the 'Diversity in Unity'. (The rest is omitted.) -
The Linkage of Climate Measures and Trade Rules and Its Implication on Korea
The past half century has been marked by an unprecedented expansion of international trade. Since 1950, world trade has grown more than 6% per year on average. The increased output or economic activity resulting from this trade ex..
Chang-In Yoon Date 2008.12.30
Environmental policyDownloadContentSummaryThe past half century has been marked by an unprecedented expansion of international trade. Since 1950, world trade has grown more than 6% per year on average. The increased output or economic activity resulting from this trade expansion have also impacted on greenhouse gas emissions. In addition, international trade expansion is likely to lead to increased use of transportation services, which has a strong link to greenhouse gas emissions. (The rest is omitted.) -
Trade Liberalization, Global Outsourcing and Employment
The consequences of trade-related job loss for the domestic labor market are very likely the key political economy issue for the future of Korean international economic policy. Recent opinion surveys reveal that sizable majorities..
Jin Kyo Suh et al. Date 2008.12.30
Economic opening, Labor marketDownloadContentSummaryThe consequences of trade-related job loss for the domestic labor market are very likely the key political economy issue for the future of Korean international economic policy. Recent opinion surveys reveal that sizable majorities of Korean understand that the benefits of free trade are accompanied by costs, borne largely by workers who lose jobs. Considerable public opinion supports future trade agreements that addressed labor issues. (The rest is omitted.) -
Trade liberalization and productivity growth in Korea
There is a lively debate about the effects of trade liberalization on productivity. although many empirical studies find a positive linkage between trade liberalization and productivity. One of the important reason for the disagre..
Jin Kyo Suh et al. Date 2008.12.30
Economic opening, productivityDownloadContentSummaryThere is a lively debate about the effects of trade liberalization on productivity. although many empirical studies find a positive linkage between trade liberalization and productivity. One of the important reason for the disagreement is that the specific mechanism through which trade liberalization may affect productivity is not yet analyzed. This report investigates the mechanism through which trade liberalization increases productivity. (The rest is omitted.) -
Intra-regional Trade of ASEAN Plus Three: Trends and Implications for East Asian Economic Integration
The paper analyses the evolving trends in trading patterns among the ASEAN+3 economies during the past decade in order to explain why it is the time for nstitutionalization of regional trade relations and how to meet those expecta..
Bui Truong Giang Date 2008.12.30
Economic integration, Trade structureDownloadContentSummaryThe paper analyses the evolving trends in trading patterns among the ASEAN+3 economies during the past decade in order to explain why it is the time for nstitutionalization of regional trade relations and how to meet those expectations. The author considers that though the ASEAN+3 trade relationship is reaching a critical point of interdependence, given its high intra-regional and intra-industry trade ratios, the 'final demand' is still outside the East Asian region. Thus, forming a regionwide FTA is the most relevant policy approach; that is, shifting the regional economic integration process from a market-driven to an institution-oriented one. East Asian trading nations should be more reliant on themselves and less reliant on outsiders to make the East Asian region better positioned in the global trading system. To this end, the FTAs in the region must act as effective means to generate for East Asia endogenous demand, turning China, Japan, Korea, and ASEAN, to some extent, into the final markets for the regional economies. (The rest is omitted.) -
Korea's Systematic Approach of ODA Policy toward Africa
Poverty is one of the most common problems in developing countries. However, poverty in Africa is much extensive, which is not just a problem, but more of a true misery. The scope of underdevelopment in Africa is beyond the econom..
Young Ho Park et al. Date 2008.12.30
Economic development, Economic cooperationDownloadContentSummaryPoverty is one of the most common problems in developing countries. However, poverty in Africa is much extensive, which is not just a problem, but more of a true misery. The scope of underdevelopment in Africa is beyond the economic arena as it prevails in every sphere of the society. Considering the fact that 40% of the population in Africa lives on less than USD 1 per day, poverty in Africa is an urgent matter that should not be neglected any longer. (The rest is omitted.) -
The Next APEC Membership from Latin America: A Contextual Approach
For most of the countries in Latin America, the Asia-Pacific region is still an unexploited market. The dynamic aggregate demand of the countries of the Asia-Pacific region, especially China, offers Latin America and the Caribbean..
Won-Ho Kim Date 2008.12.30
Economic integration, Economic cooperationDownloadContentExecutive Summary
I. Introduction
II. The Issue of the Admission of New Members
III. The Asia-Pacific, Latin America, and APEC
IV. Colombia and the Asia-Pacific Region
V. Differentiation of Economic Spectrum in South America
VI. Conclusion
ReferencesSummaryFor most of the countries in Latin America, the Asia-Pacific region is still an unexploited market. The dynamic aggregate demand of the countries of the Asia-Pacific region, especially China, offers Latin America and the Caribbean unprecedented production and export opportunities, both in commodities and in manufactures and services. Colombia actively promoted their interest and position in the Asia-Pacific regional cooperation with President Alvaro Uribe participating as the sole president of a non-member economy in 2008 APEC Summit. Colombia signed FTA with Canada, and the Bilateral Investment Treaty (BIT) with China on the sidelines of APEC. Colombia's trade and investment links with the Asia-Pacific is still limited although dynamic and ambitious in recent years. Considering the Uribe government's efforts for the APEC's two causes of regional integration and open economy, and for the sake of another locking-in effect, however, it will be appropriate that Colombia be admitted to APEC to enhance its momentum. This will give implications not only for future political and economic policymaking in Colombia but also for other countries' in the region. (The rest is omitted.)