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US-Japan Economic Friction and Korea's Policy Response
The purpose of this paper is to explain the background and recent history of U.S.-Japan economic friction and discuss Korea's policy response. This paper is organized as follows. Section II will review U.S.-Japan economic friction..
Heong-Goo Kang Date 1991.01.28
DownloadContentSummaryThe purpose of this paper is to explain the background and recent history of U.S.-Japan economic friction and discuss Korea's policy response. This paper is organized as follows. Section II will review U.S.-Japan economic friction focused on the imbalance of international accounts and industrial structure.
Section III will see the trend of U.S.-Japan economic friction such as trade goods dispute, up-to-date-technology, market open toward Japan and the change in policy response. Section IV will examine comprehensive policy cooperation and the effort of transforming policy between U.S.-Japan. Section V will investigate the closed structure of the Japanese economy, aggravating their trade disputes. Section VI will examine the background of structural agreement between U.S.-Japan and the prospects. Finally, based upon this, this paper will discuss the Korea's policy implications. -
Models of Exchange Rete Behavior : Application to the Yen and the Mark
As part of the effort to enhance our understanding of the actual movements of exchange rates under the floating exchange rate system, the purpose of this paper is to review the development of major exchange rate modeling in the pa..
Sung Yeung Kwack Date 1991.01.01
Exchange rateDownloadContentContents
1. Introduction
2. Select Exchange Rate Theories
3. Empirical Tests of the Models
4. Concluding Remarks
References
SummaryAs part of the effort to enhance our understanding of the actual movements of exchange rates under the floating exchange rate system, the purpose of this paper is to review the development of major exchange rate modeling in the past two decades and to build a better empirical model of exchange rate determination. This paper presents an empirical model of yen-dollar and mark-dollar exchange rates tested over the period from January 1976 to June 1990.
In section two, we will discuss major theories on exchange rate determination for industrial countries generated since the early 1970's to cast some light on exchange rate modeling. In section three, we discuss some of the empirical results of the theories of exchange rate determination applied to the yen-dollar and mark-dollar rates, and finally section four holds the conclusion of this paper. -
Studies on North Korea's Supply and Demand of Energy Sources
Young-Sik Chang Date 1991.01.01
North Korean economy, Energy industry -
Analysis of Japanese Strategies for Foreign Direct Investment and Internationalization of Its Industries
This paper suggests policy direction for the internationalization of Korean companies by analyzing the globalization process of Japanese companies and strategies for FDI. As there are worries that the microanalysis might not see t..
Sang-Rock Seo Date 1990.12.26
Overseas direct investmentDownloadContentSummaryThis paper suggests policy direction for the internationalization of Korean companies by analyzing the globalization process of Japanese companies and strategies for FDI. As there are worries that the microanalysis might not see the big picture, detecting the globalization strategy Japanese companies will be the most effective method for formulating national FDI policy.
The composition of this study is as follows. Section II reviews the meaning and type of management internationalization. Section III reviews the evolution of corporate strategy and systems. Section IV and V examines the trend and international status of Japanese FDI. Section VI analyzes Japanese strategies for foreign direct investment and internationalization of its industries. A summary and policy implications are provided in Section VII. -
Studies on the Liberalization of the Financial Systems in the US and Japan
Jang-Yung Lee Date 1990.11.01
Financial liberalization, Financial policy -
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Korea's Medium-and Long-term Policies for Economic Cooperation with Developing Countries
The purpose of this study is to identify the ways in which the Korea government can pursue the medium- and long-term policies for economic cooperation with developing countries. Together, it suggests the scale and formation of coo..
Hak-Su Kim Date 1990.10.10
Economic cooperationDownloadContentSummaryThe purpose of this study is to identify the ways in which the Korea government can pursue the medium- and long-term policies for economic cooperation with developing countries. Together, it suggests the scale and formation of cooperation and its strategy by region and country through a comparison with developed countries.
The composition of this study is as follows. Section II reviews the theoretical development of economic cooperation and its recent transformation. Section III examines the performance and direction of economic cooperation of advanced nations such as the United States, Japan, Europe, Canada and Australia. Section IV analyzes the problems and the current status of Korea's economic cooperation policy with developing countries. Section V suggests medium- and long-term policies for Korea's economic cooperation with developing countries. -
Multilateral Negotiations in Services and Internationalization of Korea's Construction Industry
This paper aims to discuss the issue in dispute over the construction and construction engineering services of the Uruguay Round multilateral negotiations and suggests strategies for the internationalization of effects related to ..
Eui-Tae Chang Date 1990.10.01
Multilateral negotiations, Industrial policyDownloadContentSummaryThis paper aims to discuss the issue in dispute over the construction and construction engineering services of the Uruguay Round multilateral negotiations and suggests strategies for the internationalization of effects related to the increase in trade and liberalization of Korea's construction industry.
This paper places more importance on dynamic structural changes and Korean characteristics than on the status quo of Korea's construction industry.
The composition of this study is as follows. Section II reviews the characteristics, obstacles and trends in construction. Section III summarizes the characteristics of the Korean construction industry, especially the changing patterns of demand and the problem of domestic supply. Section IV proposes laws and regulations for the Korean construction industry for institutional improvement.
Through these analyses, Section V analyzes the effects related to the liberalization of Korea's construction industry. In this regard, Section VI makes some policy recommendations for Korea to take countermeasures. -
Medium-and Long-term Trends in U.S. Trade Polices
This paper analyzes the background and evolution of the U.S. trade policies after the war and takes a variety of views on its role in global economic order and medium-and long-term trends in U.S. trade policies. In this regard, th..
Nam-Doo Kim Date 1990.10.01
Trade policyDownloadContentSummaryThis paper analyzes the background and evolution of the U.S. trade policies after the war and takes a variety of views on its role in global economic order and medium-and long-term trends in U.S. trade policies. In this regard, the paper makes some policy recommendations for Korea-U.S. trade relationsThe composition of this study is as follows. Section II reviews the basis and background of the U.S. trade policies after the war. Section III examines the political tasks faced due to the changes in the internal and external economic environment in the 1990s. Through such outlooks, some strategies and directions for trade in the U.S. government are expected. In addition, Section IV forecasts the priority of the U.S regional trade policymaking process in accordance with the changes in the global economic order. Section V discusses future changes in the trade relationship between Korea and the U.S. and possible countermeasures for Korea. -
Asia - Pacific Economic Cooperation: The Way Ahead
The Korea Institute for International Economic Policy (KIEP) organized an international conference on 'Asia-Pacific Economic Cooperation Forum' in Seoul on 21-22 June, 1990. The aims of this forum were to share the visions and are..
Jang Won Suh et al. Date 1990.10.01
Economic cooperationDownloadContentSummaryThe Korea Institute for International Economic Policy (KIEP) organized an international conference on 'Asia-Pacific Economic Cooperation Forum' in Seoul on 21-22 June, 1990.
The aims of this forum were to share the visions and areas of possible contributions for Asia-Pacific economic cooperation of the individual economies of the region and to deliberate on alternative schemes and modalities of institutional framework for such cooperation.
Twenty-three eminent researchers and academics as well as government decision-makers from Asia-Pacific countries participated in the forum in the hope that the outcome of the conference will provide meaningful insights for the future of Asia-Pacific economic cooperation.
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