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  • Korea’s New International Economic Diplomacy and Globalization Policy
    Korea's New International Economic Diplomacy and Globalization Policy

    The Korea Institute for International Economic Policy (KIEP) and the Asia Society of the United States co-sponsored and international seminar entitled, 'Korea's New International Economic Diplomacy and Globalization Policy', which..

    Jang Won Suh Date 1993.05.01

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    The Korea Institute for International Economic Policy (KIEP) and the Asia Society of the United States co-sponsored and international seminar entitled, 'Korea's New International Economic Diplomacy and Globalization Policy', which was held on February 19, 1993. During this conference, a number of eminent scholars from the U.S., Korea, Japan and Europe were invited to participate in an open dialogue in wihic insightful political-economic perspectives for Korea's future progress were shared. These proceeding are a collection of the lectures, papers, and formal comments made by the distinguished speakers and discussant.
  • 우리의 對구소련 경제협력 기본전략
    Korean Strategy for Economic Cooperation with the Former Soviet Republics

    After the collapse of Soviet Union, the former Soviet Republics established the Commonwealth of Independent States (CIS). In doing so, they encountered difficulty in seeking processes for the transition to market economy and polit..

    Chang Jae Lee Date 1993.04.15

    Economic cooperation
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    After the collapse of Soviet Union, the former Soviet Republics established the Commonwealth of Independent States (CIS). In doing so, they encountered difficulty in seeking processes for the transition to market economy and political independence, thus stifling any real progress in multilateral cooperation.
    Despite these obstacles, the long-term prospects for Korea-Eastern Europe economic cooperation are important due to economic, political and military factors. Russia owns abundant natural resources and strong experience in military industries.
    First, this paper will assess economic cooperation with the former Soviet Republics by identifying problems and the tasks needed to strengthen the economic ties between the two countries.
    Furthermore, this paper will review the economic cooperation of selected countries of the former Soviet Republics, including Russia, Ukraine, Kazakhstan and Uzbekistan, by comparing the environment of economic cooperation. In the last section of this paper, strategy for economic cooperation will be discussed.
  • 선물거래 상장품목 선정에 관한 연구
    Study on Commodity Choices for Successful Future Trading in Korea

    Future trading is an engagement that trades specific items on a specific date and at a specific price. The exchange volume has consistently been on the rise with the option market. Currently about 70 future markets are established..

    Cheong-Gu Cho Date 1993.04.08

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    Future trading is an engagement that trades specific items on a specific date and at a specific price. The exchange volume has consistently been on the rise with the option market. Currently about 70 future markets are established in 26 economies, including the United States, England and Japan, and is trading about 100 products. Singapore and Hong Kong, competitors for Korea, have already established futures exchange trading in interest futures, gold futures and stock-related futures. Taiwan also is scheduled to establish a futures market.
    Recently, there have been movements among the government, academia and business to establish a domestic future exchange in Korea. As it is more difficult for the Korea government to intervene in markets to stabilize prices, there is an urgent need to come up with a framework helping private groups to prepare for the risk of price fluctuation.
  • 일본 자동차산업의 경쟁력 강화와 하청분업생산의 역할
    The Role of Subcontracting in Strengthening the Japanese Automobile Industry's Competitiveness

    This paper examines how the Japanese machinery industry has strengthened its competitiveness in spite of the world economic recession. Compared to this, it examines the problems in the Korean economy and finds implications for the..

    Chon-Sok Im Date 1993.04.07

    Industrial policy
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    This paper examines how the Japanese machinery industry has strengthened its competitiveness in spite of the world economic recession. Compared to this, it examines the problems in the Korean economy and finds implications for the Korean economy, focusing on automobile industry. Recently, Korean exports have made a very poor showing due to a sharp rise in wages, the rapid growth of developing nations, a worldwide slump and the strengthening of the trade protection in developed nations. At the peak of the 1980s, Korean economy has lost out to developing countries in the machinery industry, including electronics and electrical equipment, automobiles and labor-intensive products.

    Japanese machinery exports have accounted for about 75 percent of total exports in spite of the protective trends of advanced countries, the oil crisis in the 1970s and the sudden appreciation of the yen in the 1980s.

    This paper analyzes that key factors affecting competitiveness, finding that the recent importance of the production system has been on the rise among companies as a decisive factor regarding machinery competitiveness.
  • 일본 환율정책의 방향과 우리나라 수출입에 미치는 영향
    Japan's Exchange Rate Policy and Its Effects on Korea's Export and Import

    The purpose of this paper is to examine the history of Japan's exchange rate policy after the Second World War and its future direction. In addition, it estimates how fluctuations in Japan's exchange rates have affected the Korean..

    Chong-Man Kim Date 1993.03.29

    Exchange rate
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    The purpose of this paper is to examine the history of Japan's exchange rate policy after the Second World War and its future direction. In addition, it estimates how fluctuations in Japan's exchange rates have affected the Korean economy - in particular, imports, exports and the trade balance. Taking into account Japan's restructuring policy, surplus of international accounts and the export-import structure, Japan's exchange rate policy is likely to allow the revaluation of the yen. Together, the confusion over the Europe monetary system and capital withdrawal from the international finance market by Japanese banks is likely to function as a primary factor in revaluating the yen. However Japanese experts forecast that a gradual decline in the exchange rate of the yen against the dollar will not have a significantly negative Japanese export.
  • 일본의 무역장벽
    Studies on Trade Barriers of Developed Countries: Japan

    Regionalism has recently spread rapidly all over the world despite fears of multilateral formation having negative effects. By analyzing systematically the operation of regulation measures on international trade of major advanced ..

    Jin Soo Yoo Date 1993.03.27

    Trade dispute
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    Regionalism has recently spread rapidly all over the world despite fears of multilateral formation having negative effects.

    By analyzing systematically the operation of regulation measures on international trade of major advanced countries, in particular Japan, this study provides the information and response strategy for trade negotiations and suggests the Korean policy direction on the increased exports and smooth settlement of external trade disputes.

    In this survey, we take a short look at each of the items listed above. Section II will look at the structure of Japanese trade. Section III will look at some of tariffs and levies. Section IV looks at non-tariff barriers such as quantitative import restrictions, voluntary export restraints, countervailing measures, anti-dumping tariffs and safeguards, service tariffs and intellectual property right. Section V looks at some of the structural trade barriers, focusing on the systematization and culture of enterprises corporate, price system and pattern of saving and investment and land use. Concluding remarks and policy implications are provided in Section VI.
  • 일본시장에서 한국의 경쟁력 분석
    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

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    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 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.
  • 러시아의 군수산업 민수전환에 관한 연구
    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 policy
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    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 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.
  • 중국의 기술도입 정책과 중일기술협력
    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 cooperation
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    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 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.
  • 블럭화시대의 아·태 경제협력 : 한국의 역할과 선택
    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 cooperation
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    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 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.
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