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The Competitiveness of Korean Products in Japan
Korea's trade deficit toward Japan is led by structural imports to Japan that intensify dependence toward Japanese parts and capital goods. A solution of this problem is to implement steady long-range localization of intermediate ..
In-Soo Kang Date 1993.03.26
DownloadContentSummaryKorea's trade deficit toward Japan is led by structural imports to Japan that intensify dependence toward Japanese parts and capital goods. A solution of this problem is to implement steady long-range localization of intermediate goods. Ultimately, it is more desirable that adverse trade is settled by the increase in trade with Japan. From this point of view, this paper examines Korean products that have competitive advantage compared to Japanese products by analyzing the competitiveness of Korean products in Japan. Moreover, this paper measures the real effect of several factors affecting exports from Japan. -
Conversion of Russia's Defense Industries, and Korea's Participation
After the collapse of Soviet Union, the former Soviet Republics established the Commonwealth of Independent States (CIS), having carried out unprecedented experiments in the transition from socialist to market economies. In partic..
Je-Hoon Park Date 1993.03.23
Industrial structure, Industrial policyDownloadContentSummaryAfter the collapse of Soviet Union, the former Soviet Republics established the Commonwealth of Independent States (CIS), having carried out unprecedented experiments in the transition from socialist to market economies. In particular, it focused on the conversion of the defense industries, implying economic demilitarization.
The former Soviet Union mostly concentrated on the defense industries, including national resources, up-to-date technology, well-educated manpower and new facilities. Accordingly, convert its vast developmental potential into reality will be the key to whether Russia will rise as a powerful country.
The study evaluates the conversion of Russia's defense industries and devises specific strategies for Korea to actively participate in the conversion of Russia's defense industries to expand Korea's investment in Russia and share its highly developed technology. -
China's Technology Absorption Policy and Sino-Japanese Technology Cooperation
China has a distinguished scientific technique history, particularly in space science. In spite of its backward economy, China is ahead in terms of space science putting the fifth satellite in orbit in the world, following after t..
Yong-Suk Oh Date 1993.03.17
Technical cooperationDownloadContentSummaryChina has a distinguished scientific technique history, particularly in space science. In spite of its backward economy, China is ahead in terms of space science putting the fifth satellite in orbit in the world, following after the former-Soviet Union, the U.S., Japan and France. China launched its first satellite in 1970, a second satellite in 1990 and 27 rockets fired 30 satellites for communication, weather and eye-in-the-sky satellites. Since 1986, China has participated actively in international order competitiveness and public relations in line with the trends of the world agency business of commercial satellite launching.
The rest of this paper is organized as follows. The next section will review the basis and mechanism of China's technology absorption policy. Section III will look at the transition, result and prospect of China's technology absorption. Section IV will deal with the problem and prospect of Sino-Japanese technology cooperation. Finally, based upon their experience, this paper will discuss the Korean policy implications and countermeasures. -
Asia-Pacific Economic Cooperation: Implication for Korea
This paper examines the role of Asia-Pacific Economic Cooperation (APEC) and their implications for international economic trends. Recently, globalism and regionalism coexist with the most dominant trends in the process of reformi..
Co-authors Date 1993.03.11
Economic cooperationDownloadContentSummaryThis paper examines the role of Asia-Pacific Economic Cooperation (APEC) and their implications for international economic trends. Recently, globalism and regionalism coexist with the most dominant trends in the process of reforming a world economic order.
While under the General Agreements on Tariffs and Trade (GATT) system, the Uruguay Round agreements are going on in order to establish free trade system. Increasingly, cooperative regional groupings are predomination the world economic scene among neighboring countries such as preferential tariff. In addition, new proposals about the linkage and integration of regional trade agreements are on rise. In particular, there have been accelerated to integration regional trade agreements such at the European Community (EC), North American Free Trade Agreement (NAFTA). For this very reason, interest in an economic cooperation among the Northeast Asian countries is rapidly increasing. -
Korea's Foreign Direct Investment in Southeast Asia
The purpose of this paper is to present the major trends and characteristics of Korea's FDI in Southeast Asia and to assess its causes and consequences. Our study confirms that mutual benefits from FDI flows are prevalent. As for ..
Jai-Won Ryou et al. Date 1993.03.01
Overseas direct investmentDownloadContentContents
1. INTRODUCTION
2. OVERVIEW OF KOREA'S OUTWARD FOREIGN DIRECT INVESTMENT
A. Upsurge of Outward FDI
B. Active Investment in the Manufacturing Sector
C. Growing Investment in Southeast Asia
3. PRESENT STATUS OF KOREA'S FDI IN SOUTHEAST ASIA
A. Major Characteristics
B. Motivation and Performance
C. Economic Effects
4. ISSUES AND PROSPECTS FOR KOREA'S FDI IN SOUTHEAST ASIA
A. Capital Flows and the Balance of Payments
B. Outward FDI and De-industrialization
C. Globalization and Business Networking
5. SUMMARY AND CONCLUSIONS
〈References〉
Appendices
SummaryThe purpose of this paper is to present the major trends and characteristics of Korea's FDI in Southeast Asia and to assess its causes and consequences. Our study confirms that mutual benefits from FDI flows are prevalent. As for the Korean economy, the outward FDI in Southeast Asia contributes to industrial restructuring by promoting resource re-allocation from sectors losing their comparative advantage to those with promising growth opportunities. The host economy can expect that FDI inflows in industries with a comparative advantage will promote export and transfer of appropriate technologies for economic development.
This paper will first review major characteristics of recent trends in Korea's outward FDI. Secondly, it examines Korea's FDI in Southeast Asia with a focus on its present status, performance and economic effects. Thirdly, this paper then discusses prospects for Korea's investment in Southeast Asia.
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Tumen River Area Development Programme: Ideas and Prospects
This report takes an optimistic view regarding the prospects and possibility of Tumen River Area Development Programme (TRADP). Even though various views on the regional scope, way of cooperation and possibility of realization as ..
Hak Soo Kim Date 1993.03.01
Economic developmentDownloadContentSummaryThis report takes an optimistic view regarding the prospects and possibility of Tumen River Area Development Programme (TRADP). Even though various views on the regional scope, way of cooperation and possibility of realization as to the Northeast Asia economic cooperation still exist as discussable subjects, Tumen River development plans are established and proceeding by individual country such as RaJin SunBong Free Trade Area in North Korea, Hunchun development plan in China and Great Vladivostock Development Plan in Russia.
The participating countries of Tumen River Area Development Programme are divided by bordering countries such as North Korea, China, and Russia, plus non-bordering countries like South Korea and Mongolia. Among the bordering countries China is more dynamic in regional development compared to the other countries. South Korea as one of the non-bordering countries is most active in private investment in this area.
This report maintains that the Korean should prepare the new role and strategy for participation and United Nations Development Programme (UNDP) should prioritize its bankable project. -
Comparative Analysis of the Investment Environments in Central and Eastern European Countries
Jung-Jae Chung Date 1993.02.26
Overseas direct investment -
Research on the Taxation System of the Russian Federation
Yeo-Cheon Jeong Date 1993.02.26
Tax system -
Economic Status of Cuba and Cooperative Potential between Korea and Cuba
Tae-Hyun Ha Date 1993.02.26
Economic development, Economic cooperation -
Technology Trade of Japan
It is often said that many Asian countries have followed the Japanese model of industrial and technology policy. Among these Asian countries, Korea has been regarded as the most faithful follower of the Japanese model. This paper ..
Jin Soo Yoo Date 1993.02.01
Technical cooperationDownloadContentSummaryIt is often said that many Asian countries have followed the Japanese model of industrial and technology policy. Among these Asian countries, Korea has been regarded as the most faithful follower of the Japanese model.
This paper reviews Japan technology trade, focusing on the import and export of technology, a degree of dependence on advanced nations' technology, the balance of technology trade and their major channels and agents. It observes historical overview and main features of technology trade between Korea-Japan. The paper discusses the challenges ahead for Korea and makes some suggestions for Korea and other Asian developing countries.