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Policy Analyses
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The Analyses on Expected Issues and Effects for Medical Service in Korea-China FTA
The purpose of this paper is to derive plausible issues and influences of Korea-China FTA in medical service. This paper overviews current situations in the field of medical expenditure, medical facilites, medical labor forces. Th..
Hankyoung Sung et al. Date 2007.10.30
Trade Policy, Industrial StructureDownloadContentSummaryThe purpose of this paper is to derive plausible issues and influences of Korea-China FTA in medical service. This paper overviews current situations in the field of medical expenditure, medical facilites, medical labor forces. The medical expenditure and facilities in Korea, compared to those in OECD members, is stark, but augment in these days. China has suffered from rapid increase in medical expenditure, considerable gap in medical expenditure between urban and rural areas, expansion of profit-making hospitals. In terms of market opening, China has opened markets for medical service with some restrictions while Korea has yet. (The rest is omitted.) -
Financial Liberalization, Crises, and Economic Growth
It has been widely recognized that financial liberalization plays an important role in economic development. Although an expanding body of literature has documented this effect across space and time, the channel through which fina..
Inkoo Lee et al. Date 2007.10.30
Economic Development, Financial LiberalizationDownloadContentI. Introduction
II. The Empirical Model
1. The Benchmark Regression Model
2. The Alternative Model
3. Data
III. The Results
1. Financial Liberalization and Crises
2. Financial Liberalization and Economic Growth
3. Financial Liberalization, Crises and Economic Growth
4. Financial Liberalization, Crises and Interest Rates
IV. Conclusions
References
AppendixSummaryIt has been widely recognized that financial liberalization plays an important role in economic development. Although an expanding body of literature has documented this effect across space and time, the channel through which financial liberalization affects the economic growth remains unclear. This paper employs probit and panel regressions to show that financial liberalization is positively associated with economic growth, with the (positive) direct liberalization effect dominating the (negative) indirect crisis effect. Financial liberalization is expected to increase GDP growth by 0.92 percentage point in the whole sample and by 0.99 percentage point in crisis experienced countries, respectively. Financial liberalization contributes to economic growth even when the sample is restricted to countries that experienced financial crises. (The rest is omitted.) -
Korea-China FTA: Antidumping
Since China promulgated antidumping regulations in 1997, the number of Chinese antidumping investigations has continued to rise. Among the investigations, Korea is a major antidumping target. As the balance of trade between the tw..
Jione Jung et al. Date 2007.08.10
Anti-Dumping SystemDownloadContentSummarySince China promulgated antidumping regulations in 1997, the number of Chinese antidumping investigations has continued to rise. Among the investigations, Korea is a major antidumping target. As the balance of trade between the two countries becomes increasingly disproportionate, China has actively utilized antidumping regulations to protect its industries. Korea is very likely to bring antidumping issues to the table once the bilateral free trade negotiations between the two countries begin. (The rest is omitted.) -
A Review of China's Performance in the WTO-A Five Year: Changes in China's International Economic Policy
December 11, 2006 marks the fifth anniversary of China's entry into the WTO. Since becoming a member of the WTO, China has made various strategic changes in its trade, foreign investment, overseas investment and regional cooperati..
Pyoung Seob Yang et al. Date 2007.07.30
Economic Cooperation, Trade PolicyDownloadContentSummaryDecember 11, 2006 marks the fifth anniversary of China's entry into the WTO. Since becoming a member of the WTO, China has made various strategic changes in its trade, foreign investment, overseas investment and regional cooperation policies. Such developments have influenced the investment environment in China and brought about many changes in the economic relations between Korea and China, especially in terms of trade. (The rest is omitted.) -
Restructuring and Competitiveness of Metropolitan Regions in Northeast Asia
Large city-regions are becoming a leading force for the national economies as globalization deepens Increased intra-regional trade, capital and people movements within Northeast Asia due to economic liberalization as well as the r..
Won Bae Kim et al. Date 2007.06.30
Economic Development, Economic IntegrationDownloadContentSummaryLarge city-regions are becoming a leading force for the national economies as globalization deepens Increased intra-regional trade, capital and people movements within Northeast Asia due to economic liberalization as well as the rise of China are considered to intensify inter-city competition and cooperation. Given this background, this report attempts at finding out how the selected metropolitan economies have evolved, how regional competitiveness has changed over time by what factors through a comparative analysis. (The rest is omitted.) -
Determinants of Intra-FDI Inflows in East Asia: Does Regional Economic Integration Affect Intra-FDI?
This paper analyzes the validity of macroeconomic variables, such as exchange rate uncertainty, macroeconomic instability, and openness, in determining intra-FDI inflows in the ASEAN countries, China, Japan, and Korea. (The rest i..
Jung Sik Kim et al. Date 2007.06.15
Economic Cooperation, Foreign Direct InvestmentDownloadContentI. Introduction
II. Determinants of FDI and Economic Integration
III. Intra-FDI Inflows in East Asia
IV. Determinants of Intra-FDI Inflows in East Asia
1. Model
2. Methodology and Data
3. Results
V. Conclusion
References
AppendixSummaryThis paper analyzes the validity of macroeconomic variables, such as exchange rate uncertainty, macroeconomic instability, and openness, in determining intra-FDI inflows in the ASEAN countries, China, Japan, and Korea. (The rest is omitted.) -
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Emerging Central Asia and the Korean Countermeasures
Central Asia, located near the emerging markets such as Russia, China and India, is gaining attention with its abundant energy and mineral resources. The market size in Central Asia is rapidly enlarging due to its high economic de..
Jae-Young Lee et al. Date 2007.04.10
Economic Cooperation, Overseas Direct InvestmentDownloadContentSummaryCentral Asia, located near the emerging markets such as Russia, China and India, is gaining attention with its abundant energy and mineral resources. The market size in Central Asia is rapidly enlarging due to its high economic development, and the increase of population, showing high potentials of economic cooperation. The world is eager to enter into this value-rising region. (The rest is omitted.)