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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. -
Reform of Chian's State Enteprises: Evaluation and Prospects
A process of reform of China's economic system has differed from those of other socialist states. The systemic conversion of the former-Soviet Union or East Europe countries aimed at the privatization of enterprises and changing t..
Si-Joong Kim Date 1993.02.01
Economic ReformDownloadContentSummaryA process of reform of China's economic system has differed from those of other socialist states. The systemic conversion of the former-Soviet Union or East Europe countries aimed at the privatization of enterprises and changing the pricing system and resource distribution, raising debates over scope and speed.
China aimed at establishing its distinctive and planned socialism and combining the planned socialism with the market economy, allowing private ownership on the basis of public ownership of the means of production, with distribution according to property on the basis of labor.
Thus, a process of Chinese concrete reform is on the premise that fundamental factor of socialism should be preserved.
This report identifies the characteristic and development of reform of China's state enterprises by evaluating its reform and by suggesting perspectives for that reform. -
Two years since German Unification
The Korea Institute for International Economic Policy (KIEP) co-hosted the international seminar with the Friedrich Ebert Stiftung (FES) on 'Two Year Since the German Unification: Economic Evaluation and Implications for Korea', o..
Jin Young Bae Date 1993.02.01
DownloadContentSummaryThe Korea Institute for International Economic Policy (KIEP) co-hosted the international seminar with the Friedrich Ebert Stiftung (FES) on 'Two Year Since the German Unification: Economic Evaluation and Implications for Korea', on October 1-2, 1992.
German unification has provided Korea with a number of important implications. Studies on Germany's unification are of greater importance. German unification suggests the possibility of a united Korea. However, the two-year experience of unified Germany also suggests that the unification process can be accompanied by severe suffering and anguish, more than ever expected. The aftermath of Germany's unification demonstrates a difficulty associated with the combining of two different nations with different political, economic and social system.Consequently, from the lessons learned from the German experience, it has now become apparent that South Korea should immediately expend its efforts to gather the wisdom and energy of its people.