Working Papers
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Working Papers
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Status and Development of China's Rural Enterprises
Bo-Keun Lee Date 1994.10.22
Economic development, Business management -
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International Trends in Environmental Industries, and Policy Implications for Korea
Tae-Gu Jang Date 1994.10.19
Environmental policy -
Government Measures to Correct Korea's Trade Deficit with Japan: Lessons from Taiwan
Chon-Sok Im Date 1994.10.07
Economic relations, Trade policy -
Lessons from the Management of Free Investment Areas in Major Countries
Sang-Kyom Kim Date 1994.10.04
Trade policy, North Korean economy -
The Status of the Auto Industry in China, and China-Korea Cooperation
Jong-Seuk An Date 1994.09.30
Economic cooperation, Industrial policy -
Regional Policy and Economic Development Strategy of China
Soo-Woong Choi Date 1994.09.30
Economic development, Economic development -
Korea under the New World Trade System
As Director-General Sutherland pointed out, the Korean economy has benefited from the trade system of GATT during its rapid growth. But since the middle of the 1970s, circumstances began to change. In other words, even though the ..
Chan Hyun Sohn ed. Date 1994.09.30
Multilateral negotiationsDownloadContentSummaryAs Director-General Sutherland pointed out, the Korean economy has benefited from the trade system of GATT during its rapid growth. But since the middle of the 1970s, circumstances began to change. In other words, even though the Korean economy gained from the expansion of international trade, it had to overcome the losses resulting from market opening pressure by industrialized countries and from the spread of protectionism.
The result of UR will also affect the Korean economy positively and negatively. Mr.Sutherland argues that all countries will equally benefit from the result of UR without any winners or losers. However, this observation is true only in the long run and if the concerned countries pursue relevant domestic economic policies which are required for the readjustment. In the short-and middle-term, a considerable cost may accrue to the economy during the process of structural adjustment.
Following the conclusion of UR, the Korean economy is experiencing policy adjustments in the areas of both government and enterprise. From a practical standpoint, a heavy fiscal burden will be placed on the Korean economy as it initiates tentative cultural reforms. In addition, as far as the service sector is concerned, Mr.Sutherland mentioned that the Korean construction sector has high level of competitiveness;however this presumption cannot be extended to other services such as distribution, finance and communication, etc. -
Privatization of State-Owned Enterprises in Eastern European Countries: Privatization Policy and Laws
Gye-Pan Kim Date 1994.09.28
Economic reform
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