Policy Analyses
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Policy Analyses
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Goverment Procurement of Multilateral and Implications for Korea
Government procurement refers to the purchase of goods or services used by the government for governmental purposes or use. The size of government procurement of a country typically is between 15% to 25% of its GDP. World Bank e..
Junsok Yang et al. Date 2001.12.30
DownloadContentSummaryGovernment procurement refers to the purchase of goods or services used by the government for governmental purposes or use. The size of government procurement of a country typically is between 15% to 25% of its GDP. World Bank estimates that in 1999, average final consumption by the government sector, which includes government procurement, was 16% for advanced countries and 14% for developing countries. OECD has estimated that, in 1998, total government expenditure, excluding wages and defense spending, reached $2.8 trillion dollars, which is equivalent to 7.1% of the world's total GDP, and is equivalent to 30.1% of world's goods and services exports. (The rest is omitted.) -
Market Analysis of Africa and the Expansion of Korea's Market Access to Africa
Market Analysis of Africa and the Expansion of Korea's Market Access to AfricaAs Africa has always been perceived as an unprofitable market, its potential for growth has been underestimated. Recently, however, it has emerged as an..
Young Ho Park Date 2001.12.30
DownloadContentSummaryMarket Analysis of Africa and the Expansion of Korea's Market Access to Africa
As Africa has always been perceived as an unprofitable market, its potential for growth has been underestimated. Recently, however, it has emerged as an attractive market that may offer tremendous growth. This expectation in Africa has grown as African countries have endeavored to change their political and economic systems to be more open, to integrate their markets, and to develop their foreign relations. Particularly, the current economic changes predict new trends in this region. The economic growth of Africa, which had remained at zero percent, recorded 5% growth in 1996, a figure above the global average. Although it declined in 1998 due to the Asian financial crisis, Africa still maintains its annual growth at above 3%. This growth may be immediately insufficient to establish economic development under Africa's deep poverty and poor economic structure, but it suggests Africa's optimistic future. Another factor to assure the growth of Africa is a changing perception of the continent from outside the world. According to the "African Growth and Opportunity Act" issued in October 2000, the US recognizes Africa as an economic partner rather than a continent that needs economic support as it has always been considered in the past. (The rest is omitted.) -
Railroad Cooperation between South and North Korea and Russia : Current Issues and Policy Tasks
Railroad Cooperation between South and North Korea and Russia: Current Issues and Policy TasksYeo-Cheon Jeong Proposals on tripartite economic cooperation between South and North Korea and Russia, initially made by the Russian go..
Yeo-Cheon Jeong Date 2001.12.30
Economic cooperation, North Korean economyDownloadContentSummaryRailroad Cooperation between South and North Korea and Russia: Current Issues and Policy TasksYeo-Cheon Jeong
Proposals on tripartite economic cooperation between South and North Korea and Russia, initially made by the Russian government in the 1990s, have recently been revived. Positive development in diplomatic relations between South and North Korea, and North Korea and Russia after a series of bilateral summit meetings since last year triggered discussions on economic cooperation between these three countries. Recently, discussions have focused on, among other things, cooperation in building a railroad. A Russian initiative to connect the Trans-Siberian Railroad (TSR) with the Trans-Korean Railroad (TKR) became the theme of the discussions. (The rest is omitted.) -
Main Issues in the WTO New Round Negotiations: The Korean Perspective
This report examines and suggests policy implications for the main issues at the WTO new round of negotiations: agriculture, liberalization of manufacturing service, anti-dumping, subsidy, regional trade agreements, TRIPS, environ..
Nakgyoon Choi et al. Date 2001.12.30
Multilateral negotiationsDownloadContentSummaryThis report examines and suggests policy implications for the main issues at the WTO new round of negotiations: agriculture, liberalization of manufacturing service, anti-dumping, subsidy, regional trade agreements, TRIPS, environment, investment, trade and labor.
The structure of the paper is as follows. Following the introduction, Section I discusses implications of WTO new round. Sections III-VI elaborate on main issues of WTO new round in agriculture (Section II), service (Section III), market access of commodity product (Section IV), international rules (Section V), new trade issues (Section VI) and electronic commerce (Section VII), respectively. The final section gives the main conclusions of the paper. -
New Trade Issues in the WTO New Round: Some Countries' Perspectives
Introduction WTO ministerial in Doha agreed to negotiate eventually new issues such as investment and transparency in government procurement and trade facilitation. Getting immediate negotiation for these new issues was at the t..
Chang-In Yoon et al. Date 2001.12.30
Multilateral negotiations, Trade policyDownloadContentSummaryIntroduction
WTO ministerial in Doha agreed to negotiate eventually new issues such as investment and transparency in government procurement and trade facilitation. Getting immediate negotiation for these new issues was at the top of the agenda of the trading power. They fell short of this objective being able to secure a commitment for negotiations on these issues only after the fifth ministerial in 2003, and only with a 'written consensus'from member countries. The reference of the WTO to the ILO was eliminated by being the ILO the appropriate forum for addressing labor and trade issues. The environment was one of the few issues that formed the basis of negotiation at the ministerial by the EU's demand for negotiation. Until recently, negotiations on trade and environment were a taboo subject in the WTO. This report examines and draw out policy implications for three issues: trade and environment; trade and investment; and trade and labor. (The rest is omitted.) -
Anti-Dumping Measures: Issues for Review in Trade Negotiations
One major complaint about antidumping measures has been that once they are effective, they remain forever. With an overall increase in outstanding measures over the last five years of a little less than 20%, it is significant that..
Chong Wha LEE Date 2001.12.30
TariffsDownloadContentSummaryOne major complaint about antidumping measures has been that once they are effective, they remain forever. With an overall increase in outstanding measures over the last five years of a little less than 20%, it is significant that the introduction of anti-dumping measures occurred simultaneously with the implementation of the sunset rules. Next, the WTO Anti-dumping Agreement generally requires the use of either 'average to average' or 'individual to individual' comparisons in calculation dumping margins in investigations. (The rest is omitted.) -
International Electronic Trade: Current Developments and It's Promotion Policy in Korea
International Electronic Trade: Current Developments and It's Promotion Policy in Korea. As the internet is rapidly spreading out, an international trade method is being changed. Typically, conventional international trade has be..
Seong-Bong Lee et al. Date 2001.12.30
E-tradeDownloadContentSummaryInternational Electronic Trade: Current Developments and It's Promotion Policy in Korea.
As the internet is rapidly spreading out, an international trade method is being changed. Typically, conventional international trade has been formulated in a way that exporters and buyers meet face-to-face and connect ties with a letter of credits. To carry out a contract, many documents have had to be written out and delivered in banks, customs, shipping and insurance companies. But with the development of an internet, a global trade can be made via internet and other trade-related businesses can electronically be achieved. This new type of trade is called electronic international trade. (The rest is omitted.) -
Lessons from Financial Restructuring in Central and Eatern Europe: The Cases of Hungary, Poland and Czech Republic
Lessons from Financing Restructuring in Central and Eastern Europe: The Cases of Hungary, Poland and the Czech RepublicCheol-Won LeeThis research is aimed at assessing the business climate of the financial sectors in transforming ..
Cheol-Won Lee Date 2001.12.30
Financial policyDownloadContentSummaryLessons from Financing Restructuring in Central and Eastern Europe: The Cases of Hungary, Poland and the Czech RepublicCheol-Won Lee
This research is aimed at assessing the business climate of the financial sectors in transforming Central and Eastern European countries by reviewing how some have successfully progressed in financial sector restructuring while others still suffer from problems ascribed to structural weakness. The research also attempts to identify enabling environment in Hungary and Poland and other leading performers for the successful resolution of non-performing loans (NPLs) in their banking sector and privatization of banks. Findings are expected to provide valuable policy lessons for countries which are still suffering from cumulative bad loan problems and need to privatize banks which had become state-owned in the early attempt to restructure financial industry. (The rest is omitted.) -
Evaluation and Perspectives on 10 years of North Korean Foreign Economy Policy
This paper looks at the 10 years of North Korean foreign economy policy and gives future prospects.This paper deals with analysis of the current system and plans for market economy considering the current political and economic si..
Co-authors Date 2001.12.30
North Korean economyDownloadContentSummaryThis paper looks at the 10 years of North Korean foreign economy policy and gives future prospects.
This paper deals with analysis of the current system and plans for market economy considering the current political and economic situation in North Korea. In the conclusion, this paper will try to offer suggestions for economic cooperation between the two Koreas from the perspective of North Korea economic development. -
Changes in the Business Strategy of Ethnic Chinese Enterprises since the Financial Crisis
The history of ethnic Chinese companies in Southeast Asia starts from after the World War II to the present. During the period from after the World War to the 1990s, ethnic Chinese companies have started, succeeded and expanded th..
Bun Soon Park Date 2001.12.30
Business managementDownloadContentSummaryThe history of ethnic Chinese companies in Southeast Asia starts from after the World War II to the present. During the period from after the World War to the 1990s, ethnic Chinese companies have started, succeeded and expanded their businesses. They have advanced into the manufacturing and services sectors in countries in Southeast Asia, thereby determining the form of Southeast Asian economy. However, with the breakout of the currency crisis in 1997, which had swept the entire Southeast Asia, the ethnic Chinese companies have been hit hard. It was the first time that the entire range of ethnic Chinese companies had been extremely hit, excepting the fact that success and failures of ethnic companies had been a general phenomenon since their birth. (The rest is omitted.)
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