Policy Analyses
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Policy Analyses
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Changes in Industrial Structure after the German Unification
This paper is very helpful in understanding the features, problems and prospects of changes in the former East German industrial structure after the German unification. This would be valuable to make conjectures about North Korean..
Jin Young Bae Date 1994.02.28
Industrial structureDownloadContentSummaryThis paper is very helpful in understanding the features, problems and prospects of changes in the former East German industrial structure after the German unification. This would be valuable to make conjectures about North Korean industrial structure and to prepare for the unification of North and South Korea in the future. In this paper, Korean unification policymakers may extract important lessons from the German experience.
The contents of this discussion proceed as follows. Section 2 summarizes issues in dispute over former East German adjustment of industrial structure, including privatization and subsidies. Section 3 reviews German economic integration, especially its speed and associated financial burdens. Section 4 and 5 observe the remarkable features in changes to the former East German industrial structure after unification. Section 5 analyzes the changes in the East and West industrial structure, focusing on manufacturing industry. Based on these analyses, policy implications for economic integration on the Korean peninsula and a summary are provided in Section V. -
Changing World Financial Environment and Implications for Korean Firms
Cheong-Gu Cho Date 1994.01.31
Financial policy, Business management -
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A Policy assessment of NAFTA's Rules of Origin
This report assesses how NAFTA's rules of origin policy has affected Korea exports and investment toward Mexico, Canada and America. Since 1990, Korea's overseas direct investment has been active, mostly due to the advantages to b..
Hongyul Han Date 1994.01.31
Free tradeDownloadContentSummaryThis report assesses how NAFTA's rules of origin policy has affected Korea exports and investment toward Mexico, Canada and America.
Since 1990, Korea's overseas direct investment has been active, mostly due to the advantages to be found in labor cost and the procurement of raw materials.However, it is expected NAFTA's rules of origin policy will result in discrimination against Korean companies in the NAFTA region.
Nevertheless, this report says that it would be too hasty to conclude that NAFTA's rules of origin will have a negative effect on the advance of Korean companies into Mexico, Canada and America.
It points out that the level of the rules of origin would change the formation of investment and procurement of foreign companies, and that it has influenced the distribution of resources within the area substantially. -
Strategic Alliance and Globalization of Technological Development
As technological development in Korea has been deepened, technological competition has increased and international division of labor has advanced. This study researches and analyses the significance, special features and movements..
Yoo Soo Hong Date 1994.01.31
Technical cooperationDownloadContentSummaryAs technological development in Korea has been deepened, technological competition has increased and international division of labor has advanced. This study researches and analyses the significance, special features and movements of strategic alliances as a new strategy to prevent excessive competition with the U.S., Europe and Japan. It also looks at ways to strengthen Korea's strategic alliances.
Strategic alliances are motivated by: 1) diversification of R&D investment and risk; 2) swift development and security for new processes in manufacturing; 3) joint ownership of corporate assets; 4) market entry and enlargement; 5) realization of economies of scale; and 6) adjustments as a competitive process. While the alliances of the past were aimed at production and sales, strategic alliance has a multilateral and bilateral focus and is inclusive of all the management process, including supply, technology, production and sales, with particular focus on making use of international management resources. Strategic alliances are becoming essential for the globalization of corporate management. The most active industries for strategic alliances are those concerned with up-to-date-technology such as electronics, communications, computers, semiconductors, cars and aircraft. Of them, a technical tie-up such as the development of joint technology and cross-licensing is given much weight in the total partnership. Since the cycle of up-to-date-technology development is narrowing, companies want to decrease the risk and cost of R&D investment. -
1994 World Economic Outlook and Korea's International Economic Policy
Co-authors Date 1994.01.10
Economic development, Economic outlook -
Construction Industry in China: Current Situation and Potential Korean Participation
Hyun-Jun Cho Date 1993.12.31
Industrial policy -
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