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  • 거대경제권과의 FTA 평가 및 정책과제
    FTAs between Korea and Major Trading Partners and Their Policy Implications

    Chile was Koerea갽s first choice for an FTA partner after the Korean government갽s decision to promote FTA. Until now, Korea갽s FTA partners are small and midium sized countries except Japan. However,..

    Moonsung Kang et al. Date 2004.12.30

    Free trade
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    Summary
    Chile was Koerea갽s first choice for an FTA partner after the Korean government갽s decision to promote FTA. Until now, Korea갽s FTA partners are small and midium sized countries except Japan. However, FTAs with major trading partners should be pursued based on their economic and political effects on Korea. (The rest is omitted.)
  • 한·미 FTA의 무역 및 투자창출효과와 교역구조에 대한 연구
    Korea-U.S. FTA: Trade and Investment Creation Effects and Trade Structure

    In this book, we analyze how a Free Trade Agreement (FTA) between Korea and the United States affects bilateral trade and foreign direct investment (FDI). In addition, we also explore the trade structure between Korea and the Unit..

    Soon-Chan Park et al. Date 2004.12.30

    Economic opening
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    In this book, we analyze how a Free Trade Agreement (FTA) between Korea and the United States affects bilateral trade and foreign direct investment (FDI). In addition, we also explore the trade structure between Korea and the United States. (The rest is omitted.)
  • 한·일 FTA 체결이 국내 부품산업에 미치는 영향과 정책시사점 - 전기전자 ·기계 부품..
    Japan-Korea Free Trade Agreement: Policy Implications and Effects on the Domestic Parts Industry

    This study conducts a quantitative research on implications of a Japan-Korea Free Trade Agreement, looking at some possible vulnerabilities involving the parts industries of electric, electronics, and machinery, and to suggest a l..

    Hongbae Lee et al. Date 2004.12.30

    Economic cooperation, Free trade
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    Summary
    This study conducts a quantitative research on implications of a Japan-Korea Free Trade Agreement, looking at some possible vulnerabilities involving the parts industries of electric, electronics, and machinery, and to suggest a list of effects that would be generated by an elimination of customs at the signing of the agreement. (The rest is omitted.)
  • 중국진출 한국기업의 경영실태와 시사점
    Korean firms invested in China: Survey of management practices and implications

    Korean firms' FDI into China has been increasing rapidly since 2001. The main features of Korean FDI into China can be summarized as being more manufacturing oriented, and having a high ratio of SMEs and relatively small investmen..

    Man Soo Jee et al. Date 2004.12.30

    Economic cooperation, Overseas direct investment
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    Summary
    Korean firms' FDI into China has been increasing rapidly since 2001. The main features of Korean FDI into China can be summarized as being more manufacturing oriented, and having a high ratio of SMEs and relatively small investment size. (The rest is omitted.)
  • 최근 북한의 가격·유통체제 변화 및 향후 개혁과제
    North Korea's Price Management and Commercial Distribution System: Current Status and Reform Tasks

    North Korea's commerce system supplies goods such as daily necessities to the public. North Korean workers are paid in cash for their labor according to quality and quantity. Citizens use their salaries to purchase food and goods ..

    Date 2004.12.30

    North Korean economy
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    Summary
    North Korea's commerce system supplies goods such as daily necessities to the public. North Korean workers are paid in cash for their labor according to quality and quantity. Citizens use their salaries to purchase food and goods at state-run stores at official prices. Formerly, official prices applied to all goods sold to the public. However, in July 2002, the government steeply raised official prices, and changes have followedin many areas. While some changes have been positive, such as greater profit-seeking in economic management and the possibility of earning additional income, other changes have been negative, including public discontent and surging black-market prices caused by supply and demand imbalances. These are the main problems currently faced by North Korea's commerce and distribution sector. (The rest is omitted.)
  • 쇠고기 수입개방 이후 쇠고기시장의 변화 분석 및 시사점
    Changes in the Beef Market after Import Liberalization: Analysis and Implication

    The importing of beef was liberalized through imposing a tariff in 2001 which shifted from a quota since the conclusion of the UR in 1994. With the opening of a beef market, livestock farms and farmers' groups were concerned that ..

    Ji Hyun Park Date 2004.12.30

    Economic opening, Free trade
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    The importing of beef was liberalized through imposing a tariff in 2001 which shifted from a quota since the conclusion of the UR in 1994. With the opening of a beef market, livestock farms and farmers' groups were concerned that damages from liberalization would grow serious and their breeding bases would eventually collapse. In other words, they argued that the liberalization of a beef market would result in: 1) the reduction of farmers' income due to the decreasing price of beef; 2) the collapse of a breeding base due to the reduction in production; and 3) the increase in imports and the decrease in the self-sufficiency rate. (The rest is omitted.)
  • 유통서비스 시장 개방의 이익과 과제 - 국내 소매업의 구조조정을 중심으로
    The Benefits and Challenges of Opening Distribution Service Market: Restructuring the Korean Retail Market

    Korea has put considerable efforts in liberalizing its service sector since joining the OECD and restructuring under the IMF. However, the Korean service market is not sufficiently liberalized compared to other developed or develo..

    Jun Gu Kang Date 2004.12.30

    Economic opening, Industrial policy
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    Korea has put considerable efforts in liberalizing its service sector since joining the OECD and restructuring under the IMF. However, the Korean service market is not sufficiently liberalized compared to other developed or developing countries, which can lead to a high possibility of shock to the Korean economy in general if there is further liberalization after the DDA negotiation. It might be useful to learn from the case study of successful restructuring in the service sector facing market opening. This paper studies the distribution service in Korea which was substantially liberalized in 1996 while other service sectors were relatively kept intact. (The rest is omitted.)
  • 멕시코의 NAFTA 가입 이후 산업경쟁력 변화 분석
    An Analysis on the Change in the Industrial Competitiveness of Mexico after its Membership to the NAFTA

    Mexico has been accelerating economic reform and liberalization through the NAFTA, which had taken an effect in January 1, 1994, while achieving stable economic growth. Since its membership to the NAFTA, Mexico has experienced a s..

    Boo Young Eom et al. Date 2004.12.30

    Economic integration, Free trade
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    Mexico has been accelerating economic reform and liberalization through the NAFTA, which had taken an effect in January 1, 1994, while achieving stable economic growth. Since its membership to the NAFTA, Mexico has experienced a substantial growth of trade, which became a basis for its continuous economic growth irrespective of its unstable political and economic conditions. (The rest is omitted.)
  • FTA 원산지규정의 주요특징과 협상에 대한 시사점
    Rules of Origin in Free Trade Agreements and Their Implications

    The rules of origin (ROO) play a major role in the international trading system and constitute an indispensable component of any discriminatory arrangements. The accelerated proliferation of both preferential agreements and select..

    Ho Kyung Bang Date 2004.12.30

    Economic opening, Free trade
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    The rules of origin (ROO) play a major role in the international trading system and constitute an indispensable component of any discriminatory arrangements. The accelerated proliferation of both preferential agreements and selective restrictive measures indicates that the importance of ROO is expected to increase in the coming years. (The rest is omitted.)
  • Saving, Investment and International Capital Mobility in East Asia
    Saving, Investment and International Capital Mobility in East Asia

    This project evaluates the degree of international capital mobility in East Asia. In particular, we investigate whether the East Asian countries have fully utilized increased capital mobility in recent years as intended by the ser..

    Soyoung Kim et al. Date 2004.12.30

    Capital market
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    Content
    1. Introduction
    2. Literature Survey
    2.1. Empirical Overview
    2.2. Theoretical Overview
    3. Data and Empirical Methodology
    4. Empirical Results
    4.1. Stylized Facts
    4.2. Estimation Results
    5. Conclusion and Policy Implications
    Summary
    This project evaluates the degree of international capital mobility in East Asia. In particular, we investigate whether the East Asian countries have fully utilized increased capital mobility in recent years as intended by the series of policies toward financial market liberalization. Among numerous measures that have been used to evaluate the degree of international capital mobility, we use the relationship between saving and investment, in particular, saving-investment correlation. Saving-investment correlation measures how much national investment is financed by foreign capital. Under perfect capital mobility, national saving and national investment should not be correlated as agents look for worldwide investment and saving opportunities regardless of the nationality of capital. Therefore, a high correlation between national saving and investment would imply a low degree of capital mobility. (The rest is omitted.)

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