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  • The ANIEs-AN Intermediate Absorber of Intraregional Export?
    The ANIEs-AN Intermediate Absorber of Intraregional Export?

    The purpose of this article is twofold. First, it reviews the economic performances of the ANIEs during the last two decades and identifies some of their unique characteristics. Second, the article is aevoted to developing a formu..

    Jang-Hee Yoo Date 1991.07.01

    Trade structure
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    Contents

    I. Introduction

    II. Growth Performance of ANIEs : 1970-1989

    III. Export and Import Industrial Structures in ANIEs

    IV. Interdependence Between the ANIEs and ASEAN

    V. Some Workable Areas for Cooperation

    VI . Conclusion

    References
    Summary
    The purpose of this article is twofold. First, it reviews the economic performances of the ANIEs during the last two decades and identifies some of their unique characteristics. Second, the article is aevoted to developing a formula in which the ANIEs can be a catalyst for regional economic growth, thereby contributing to narrowing the welfare gap among the three groups. This is one step towards the cooperative modality that Klein (1990) proposes. That is, as an alternative to an export-led growth strategy, developing economies in the region may form a new trading bloc such as a customs union, a currency union, or some more comprehensive form of economic integration.
  • 한국의 대외경제협력에 관한 정책과제와 방향
    Policy Direction for Korea's International Economic Cooperation

    This study suggests ultimate direction on Korea's International Economic Cooperation and its strategy by classifying three sub-countries: advanced, northern districts and developing nations. The rest of the paper is organized as f..

    Hak Soo Kim Date 1991.07.01

    Economic cooperation
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    Summary
    This study suggests ultimate direction on Korea's International Economic Cooperation and its strategy by classifying three sub-countries: advanced, northern districts and developing nations.

    The rest of the paper is organized as follows. Section II provides policy direction for Korea's international economic cooperation, dividing capital cooperation with advanced nations, economic cooperation with northern district nations and aid cooperation with developing nations. Section III explores the appropriate scale of foreign capital cooperation. Section IV seeks the ways for the linkage with public and private sector. Section V suggests ultimate direction on the Korean government's foreign policy and strategy. Section VI describes appropriate capital cooperation.
  • Implications of Economic Reforms in CEECs for DAEs : With Emphasis on the Korean..
    Implications of Economic Reforms in CEECs for DAEs : With Emphasis on the Korean Case

    Central and Eastern European countries (CEECs) are currently undergoing rapid political, economic and social changes. These changes are a result of reform efforts to change centralized planned economies into market-oriented econom..

    Yoo Soo Hong Date 1991.06.11

    Economic reform
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    Content
    Contents

    I. INTRODUCTION

    II. ECONOMIC REFORMS IN CEECs
    II.1. Background of Reforms
    II.2. Recent Reform Policies in CEECs
    II.3. Economic Situation and Outlook for CEECs

    III. TRADE BETWEEN CEECs AND DAEs
    III.1. Importance of Trade between CEECs and DAEs in World Trade
    III.2. Comparative Advantages and Complementarities
    III.3. Trade between CEECs and Korea

    IV. ECONOMIC AND INDUSTRIAL COOPERATION
    IV.1. Direct Investments
    IV.2. Financial Support
    IV.3. Other Means of Cooperation

    V. CONCLUDING REMARKS

    REFERENCES

    APPENDIX
    Summary
    Central and Eastern European countries (CEECs) are currently undergoing rapid political, economic and social changes. These changes are a result of reform efforts to change centralized planned economies into market-oriented economies. Achievement of successful economic reform and subsequent integration of CEECs into the golbal economy will provide both challenges and opportunities for dynamic Asian economies (DAEs).
    The purpose of this paper is to review the economic reforms currently in process in (CEECs) and the present economic relations between CEECs and (DAEs), as well as to discuss the future means of cooperation between the two groups.
  • EC의 직접투자 환경 변화와 대응방안
    Foreign Direct Investment Conditions in the EC, and Korean Policy

    The European Community (EC), which liberalized from 1985 to 1992, is preparing to become the largest single international market. If the EC intra-market is liberalized, other countries, including Korea, will make profit. However, ..

    Chung Ki Min Date 1991.05.31

    Overseas direct investment
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    Summary
    The European Community (EC), which liberalized from 1985 to 1992, is preparing to become the largest single international market. If the EC intra-market is liberalized, other countries, including Korea, will make profit. However, there is expected to be fierce competition between countries that are part of the EC and the rest of the world, as the EC integration will benefit member countries before transferring profits to other regions. Non-member countries have argued that EC integration may encourage Europe to fortify and to increase protection, so they have sought strategic ways to advance into the EC market. However, Korea has only taken basic countermeasures toward EC market integration. Accordingly, this study analyzes Foreign Direct Investment (FDI) Conditions in the EC and predicts the effects of market integration on the Korean economy.
  • 한국·대만·일본의 환율변동과 수출경쟁관계분석
    A Comparative Analysis of the Effects of Exchange Rate Fluctuations on the Export Competitiveness of Korea, Japan and Taiwan

    By observing the evolution of exchange rate and export fluctuations of Korea, Japan and Taiwan since 1985, this paper analyzes the effects of exchange rate fluctuations on their export competitiveness. In addition, it compares and..

    Jong Hwa Cho Date 1991.05.13

    Exchange rate
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    Summary
    By observing the evolution of exchange rate and export fluctuations of Korea, Japan and Taiwan since 1985, this paper analyzes the effects of exchange rate fluctuations on their export competitiveness. In addition, it compares and analyzes the export structure of the three economies by region and commodity to assess their export competitiveness in the world market.

    The rest of the paper is organized as follows. Section II illustrates the export evolution and exchange rate fluctuations of Korea, Taiwan and Japan since 1985. Section III empirically analyzes the effects whether three nation's exchange rates fluctuations have affected their export. Section IV analyzes the relationships of export competition by comparing the export structure by region and article. Finally, executive summary and policy implications are provided in Section V.
  • Anti-dumping Restrictions Against Korean Exports : Major Focus on Consumer Elect..
    Anti-dumping Restrictions Against Korean Exports : Major Focus on Consumer Electronic Products

    This paper has examined the economic aspects of the anti-dumping cases and restrictions that have been brought against Korean products paying particular attention to Korean consumer electronic exports. The trends of industrial cou..

    Tae-ho Bark Date 1991.05.01

    Anti-dumping system
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    Content
    Contents

    I. Introduction

    II. Industrial Countries' Restrictions on Korean Exports

    III. Anti-Dumping Cases Initiated Against Korean Products

    IV. The Korean Electronics Industry

    V. The Korean Electronic Products Under ADRs

    VI. Causes and Effects of ADRs Against Korean Consumer Electronic Products

    VII. Summary and Concluding Remarks

    FOOTNOTES

    REFERENCES
    Summary
    This paper has examined the economic aspects of the anti-dumping cases and restrictions that have been brought against Korean products paying particular attention to Korean consumer electronic exports. The trends of industrial countries' Non-Tariff Barriers (NTBs) and Anti-Dumping Restrictions (ADRs) imposed on Korean exports was first analyzed. By examining all anti-dumping cases initiated against Korean exports, the paper discussed various characteristics of such cases. Ther brief history and major distinctive characteristics of the Korean electronics industry were then reviewed. Among anti-dumping cases imposed on Korean exports, those of color TV sets, microvave ovens and VTRs were examined in detail. Finally, the causes and effects of ADRs from the restricted exporting country's perspective were analyzed.
  • 소련 경제개혁정책과 우리의 대응
    Prospects for Economic Reform in the Soviet Union and Policy Implications for Korea

    Seon-Whan Lee et al. Date 1991.05.01

    Economic reform
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  • 우리나라 서비스 교역의 구조와 추이
    Studies on the Trade in Services in Korea

    The service sector is gaining importance in the Korean economy, with its share of service trade accounted a significant proportion of the commodity trade. However, the share of the service sector in the domestic economy is lower t..

    Sang Hack Lee Date 1991.04.30

    Trade structure
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    Summary
    The service sector is gaining importance in the Korean economy, with its share of service trade accounted a significant proportion of the commodity trade.

    However, the share of the service sector in the domestic economy is lower than that of emerging countries such as Hong Kong, Taiwan and Singapore. A series of government regulations and restrictions on service imports have prevented competition and impeded the offering of higher value services.
    In this regard, this paper reviews the recent trends in the trade in services in Korea, focusing on the evolution of its structure and the degree of centralization by region. Furthermore, several desirable strategies and policy implications for the structure of trade in services are proposed.
  • 중국 경제특구전략의 평가와 한국기업의 대응
    An Assessment of China's Special Economic Zones and Korea-China Economic Cooperation

    This paper focuses on assessing the Chinese special economic zones that have played a central role in China's foreign open policy since the 1980s, suggesting some political implications for the economic development hereafter. Toge..

    Yong-Suk Oh Date 1991.04.06

    Economic cooperation
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    Summary
    This paper focuses on assessing the Chinese special economic zones that have played a central role in China's foreign open policy since the 1980s, suggesting some political implications for the economic development hereafter.

    Together, through such analyses, some useful strategies and devices are offered for Korean companies hoping to enter China's domestic market.

    This paper is organized as follows: Section 1 will explain the purpose of this paper. Section 2 and 3 will analyze the Chinese special economic zones in connection with foreign open policy by characteristic. Section 4 will assess the strategy of Chinese special economic zones and its result. Section 5 will review the Chinese foreign direct investment policy. Section 6 will deal with Korean companies entering China's domestic market. Finally, Section 7 will summarize the situation and present Korea's strategy for Korea-China economic cooperation.
  • EC 무역구조의 변화
    Changes in the EC Trade Structure

    This paper suggests the political implications for Korea-EC trade policy by analyzing the changes in the EC trade structure.The composition of this research is as follows. In section II, the current status of the EC, such as the s..

    Chung-Soo Kim Date 1991.04.04

    Trade structure
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    Summary
    This paper suggests the political implications for Korea-EC trade policy by analyzing the changes in the EC trade structure.

    The composition of this research is as follows. In section II, the current status of the EC, such as the size of economy and the degree of foreign exchange in the world economy, is stressed and the EC's structural vulnerability is indicated. The main trade sectors and international competitiveness of the EC are analyzed in section III by classifying intra-trade and other trade. Section IV deals with characteristics of EC trade composition along with comparisons to those of the EC's 12 member nations. Section V compares a structural difference of the EC with that of the United States, Japan, EFTA and Eastern Europe. Finally, based upon the empirical results, this paper discusses policy implications for Korea-EC economic cooperation.
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