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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 CooperationDownloadContentSummaryThis 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 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 ReformDownloadContentContents
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
SummaryCentral 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. -
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 InvestmentDownloadContentSummaryThe 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. -
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 RateDownloadContentSummaryBy 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 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 SystemDownloadContentContents
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
SummaryThis 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. -
Prospects for Economic Reform in the Soviet Union and Policy Implications for Korea
Seon-Whan Lee et al. Date 1991.05.01
Economic Reform -
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 StructureDownloadContentSummaryThe 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. -
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 CooperationDownloadContentSummaryThis 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. -
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 StructureDownloadContentSummaryThis 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. -
Reform of Soviet Foreign Trade and Financial Systems Reform: Analysis and Prospects
This report identifies the characteristic and development of reform of Soviet foreign trade and financial systems reform by analyzing its reform and by suggesting perspectives for that reform. This research consists of six major p..
Je-Hoon Park Date 1991.04.01
Economic Opening, Free TradeDownloadContentSummaryThis report identifies the characteristic and development of reform of Soviet foreign trade and financial systems reform by analyzing its reform and by suggesting perspectives for that reform.
This research consists of six major parts. In Part II, the current status and trends of Soviet foreign trade system is observed from a perspective of its changes during the period. The characteristics and problems of the conventional trade system are analyzed from such a historical basis. In Part III, the evolution and characteristics of the Soviet foreign trade system reform since Perestroika, which is the socialist reform ideology declared in April 1985, are observed. In this part, the reform of planned trade mechanisms and the reorganization of the foreign trade structure and its decentralization are clarified. In Part IV, the reform of the finance and foreign exchange system are analyzed. In Part V, Soviet foreign economic relationships are analyzed.
The conclusion discusses the tasks and perspectives of the progress in Soviet foreign economic relationships.