Policy Analyses
Publications
Policy Analyses
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The Demand for and Optimal Management of International Reserves in Korea
In this paper we provide empirical interpretations for the build up and active management of international reserves in Korea. (The rest is omitted.)
Deok Ryong Yoon et al. Date 2005.12.30
exchange rateDownloadContentSummaryIn this paper we provide empirical interpretations for the build up and active management of international reserves in Korea. (The rest is omitted.)< -
Optimal Monetary Policy in a Small Open Economies
There are many small open economies that have recently been employing inflation targeting as a medium-term monetary policy target. In addition, inflation targeting comes with a free-floating exchange rate regime because it is adva..
Doo Yong Yang et al. Date 2005.12.30
monetary policyDownloadContentSummaryThere are many small open economies that have recently been employing inflation targeting as a medium-term monetary policy target. In addition, inflation targeting comes with a free-floating exchange rate regime because it is advantageous in mitigating external shocks. However, in the process of inflation targeting there arise some conflicts between the pressures of and exchange rate stability and higher inflation, especially cost-push inflation. (The rest is omitted.)< -
Exchange Rate Policies under Inflation Targeting in Korea
This report reviews theoretical developments on inflation targeting, evaluates the way it has been managed in Korea, and tries to find its link with Korea's exchange rate policies. Introduced officially in late 1990s, inflation ta..
Eun Kyung Kim et al. Date 2005.12.30
exchange rateDownloadContent없음SummaryThis report reviews theoretical developments on inflation targeting, evaluates the way it has been managed in Korea, and tries to find its link with Korea's exchange rate policies. Introduced officially in late 1990s, inflation targeting has been one of the key macroeconomic means exercised by Bank of Korea. (The rest is omitted.)< -
무역자유화가 고용 및 임금 양극화에 미친 영향: 한국 제조업을 중심으로
Since 1980 when the limitations of the government-led growth strategies started to show, Korea has adopted trade liberalization policies from import substitution ones. (The rest is omitted.)
Woo-Yung Kim et al. Date 2005.12.30
trade policyDownloadContentSummarySince 1980 when the limitations of the government-led growth strategies started to show, Korea has adopted trade liberalization policies from import substitution ones. (The rest is omitted.)< -
Policy Responses by Developed Countries to the Global Trend of Bipolarization
This study studies policy implications of the phenomenon of 'bipolarization' in contemporary Korea by providing ample case studies of developed foreign countries in terms of bipolarization and policy responses. The phenomenon of b..
Heungchong Kim et al. Date 2005.12.30
economic development, financial liberalizationDownloadContentSummaryThis study studies policy implications of the phenomenon of 'bipolarization' in contemporary Korea by providing ample case studies of developed foreign countries in terms of bipolarization and policy responses. The phenomenon of bipolarization is a relatively new phenomenon, even in developed countries. Bipolarization has emerged as one of Korea's major problems, as its speed is unprecedentedand its scope is broad and comprehensive. In case of the United States, worsening income distribution has been observed, and the problem of poverty is now receiving special attention. (The rest is omitted.)< -
IPRs of ASEAN and Its Members and Implications for the Korea-ASEAN FTA
Korea and ASEAN, aiming to conclude an FTA in 2006, began the first round of negotiations on February 22 to 25 and concluded the seventh round as of October11 to 14 in 2005. It is agreed that IPR is one of the remaining issues in ..
Booyoung Eom Date 2005.12.30
economic integration, industrial policyDownloadContentI. Introduction
1. Scope and Objective
2. The Overview of IPRs under FTA
II. The IPRs Policies of ASEAN Member Countries
1. Overview
2. The IPRs Policies of Individual Countries
3. FTAs Concluded by ASEAN Members
a. Singapore-US FTA
b. Singapore-Japan FTA
c. Vietnam-US FTA
III. The IPRs Policies of ASEAN
1. Overview
2. Agreement and Action Plan
a. ASEAN Framework Agreement on Intellectual Property Cooperation
b. ASEAN Intellectual Property Right Action Plan 2004-2010
3. Cooperations with Other Regions
a. EC-ASEAN Intellectual Property Rights Cooperation Program
b. ASEAN-WIPO Cooperation
IV. The Infringement of IPRs on Korean Goods
1. The Infringement of IPRs on Cultural Goods
2. The Comparison of Technological Competitiveness
V. Conclusion and ImplicationSummaryKorea and ASEAN, aiming to conclude an FTA in 2006, began the first round of negotiations on February 22 to 25 and concluded the seventh round as of October11 to 14 in 2005. It is agreed that IPR is one of the remaining issues in negotiating economic cooperation between the two entities. Under worries that any positive effects of an FTA will be negated in the event of inadequate IPR protection, this paper analyzes the IPR policiesof ASEAN and its members, and draws implications for a Korea-ASEAN FTA. (The rest is omitted.)< -
Impacts of Foreign Shocks onDomestic Macroeconomic Fluctuations
When evaluating the domestic economy of small-open economy, there are various potentially negative foreign shocks that must be taken into consideration. (The rest is omitted.)
Kwon Sik Kim Date 2005.12.30
exchange rateDownloadContentSummaryWhen evaluating the domestic economy of small-open economy, there are various potentially negative foreign shocks that must be taken into consideration. (The rest is omitted.)< -
The Outlook for 2006 World Economy
The world economy is evaluated be very flexible when dealing with high-priced oil, natural disasters, and external shocks. A goal for the second and third quarters of 2006 is to have a continuous growth momentum greater than a lon..
Junkyu Lee ed. Date 2005.12.30
economic outlookDownloadContent1. World Economy
2. Major Countries
3. Exchange Rate
4. Oil Prices
5. Trade and Investment EnvironmentSummaryThe world economy is evaluated be very flexible when dealing with high-priced oil, natural disasters, and external shocks. A goal for the second and third quarters of 2006 is to have a continuous growth momentum greater than a long term trend line. Also, in the second half of 2006, the negative effects of consumption, investment, and real GDP growth are expected to increase because of the rise inworldwide interest rates. (The rest is omitted.)< -
Industrial Structural Interdependency in Northeast Asia: An International Input-Output Analytical Approach
When one attempts to put the enhanced economic cooperation among the Northeast Asian countries (NEA) into perspective, it is necessary to understand industrial linkages among the countries concerned. For this purpose, this paper i..
Sumio Kuribayashi Date 2005.12.30
economic cooperation, North Korean economyDownloadContentExecutive Summary
I. Introduction
II. Compilation of North Korea's 2002 Estimated I-O Table
1. Assumptions
2. Utilization of China's 1981 I-O table
3. Total output, intermediate input, intermediate
demand, final domestic demand, export, import
4. Estimation of input coefficients by RAS
5. Estimation of North Korea's 2002 non-competitive import-type I-O table
III. Compilation of South Korea's 2002 Estimated I-O Table
1. Competitive import-type I-O table
2. Non-competitive import-type I-O table
IV. The Compilation of North Korea Link I-O Table
V. China and Japan
VI. Compilation of Mongolia's 2002 Estimated I-O Table
1. Assumptions
2. Total output, intermediate input, intermediate-final-export-import demand
3. Estimation of Mongolia 2002 non-competitive import-type I-O table
VII. Interdependence among South Korea, North Korea, China, Japan, and Mongolia
VII. Conclusion
References
Appendix 1. Single Sector Model and Simulation of effect of the Japan ODA to
North Korea
Appendix 2. Estimation of RAS is carried out by the following Procedures
SummaryWhen one attempts to put the enhanced economic cooperation among the Northeast Asian countries (NEA) into perspective, it is necessary to understand industrial linkages among the countries concerned. For this purpose, this paper intends to compile a simple NEA (North Korea, South Korea, China, Japan and Mongolia) regional I-O table for 2002. On this basis, this paper attempts to work out basic simulations in order to clarify the structure of dependency of North Korea on the economies in Northeast Asia.< -
The Economic Effects of a China-Japan-Korea FTA and Implications for the Korean Economy
This volume summarizes the result of a series of cooperative research on 'The Implications of an FTA between China, Japan and Korea (CJK FTA) for the Korean Economy,' undertaken under the auspices of the National Research Council ..
Chang Jae Lee et al. Date 2005.12.30
economic cooperation, trade policyDownloadContent.SummaryThis volume summarizes the result of a series of cooperative research on 'The Implications of an FTA between China, Japan and Korea (CJK FTA) for the Korean Economy,' undertaken under the auspices of the National Research Council for Economics, Humanities and Social Sciences in 2005. (The rest is omitted.)<
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