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Policy Analyses

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Policy Analyses

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  • 일본 M&A 시장의 최근 동향과 과제
    Recent Trend of M&A Market in Japan

    Recently, Japanese economy has become to show economic recovery from over 10 years recession. While Japan's economic recovery results from government's efforts to improve economic environment through reforming institutional arrang..

    Sung-Chun Jung Date 2005.11.20

    economic reform, business management
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    Content
    Chapter 1. Introduction

    Chapter 2. Analysis on Economic Effects of M&A
    1. Various forms of M&A
    2. Economic Effects of M&A

    Chapter 3. Recent Trend of M&A Market in Japan

    Chapter 4. Background of M&A Market Reform
    1. Change of Corporate Management Strategy
    2. Change of Institutional Environment

    Chapter 5 Conclusion
    1. Assessment
    2. Policy Implication

    References
    Summary
    Recently, Japanese economy has become to show economic recovery from over 10 years recession. While Japan's economic recovery results from government's efforts to improve economic environment through reforming institutional arrangements, the most important factor that influenced economic activities is private firms' efforts to restructure their business activities. Of those private firms' efforts, we have to pay special attention to restructuring of corporate organization. (The rest is omitted.)
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  • 최근 독일의 정치 · 경제 현황과 한 · 독 경제관계
    Understanding Contemporary German Politics & Economy and the Korea · Germany Economic Relations

    Germany has pursued a peace and coexistence policy with neighboring countries after the Second World War. Recovering from the ruins of the war, it stood as one of the exemplary economic powers in the world. After twenty years' eff..

    Heungchong Kim et al. Date 2005.11.15

    economic reform
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    Content
    Chapter 1. Politics
    1. Domestic Politics
    2. International Relations

    Chapter 2 Economy
    1. Main Charateristics
    2. Recent Developments
    3. Main Issues and Tasks

    Chapter 3 Korea-Germany Economic Relations and Cooperation
    1. Overview
    2. Trade
    3. Investment
    4. Major Trade Issues
    5. The Effect of Korea-EU FTA on Korean-German Economic Relations
    6. Korea-EU Cooperations in Science and Technology

    Appendix

    References
    Summary
    Germany has pursued a peace and coexistence policy with neighboring countries after the Second World War. Recovering from the ruins of the war, it stood as one of the exemplary economic powers in the world. After twenty years' effort of rapprochement and reconciliation toward East Germany, West Germany was successful in unifying the two countries by absorbing East Germany in 1990. (The rest is omitted.)
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  • APEC After Busan: New Direction
    APEC After Busan: New Direction

    The 2005 review of progress towards free and open trade and investment offers APEC leaders the opportunity to give the process new purpose and direction.The mid-term stocktake of the Bogor goals demonstrates that, since 1994, APEC..

    Andrew Elek Date 2005.11.10

    economic integration, economic cooperation
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    Content
    Foreword

    Executive Summary

    I. The Context
    1. Preconditions for Prosperity
    2. A Changing Global Environment

    II. The Busan Roadmap
    1. New Direction
    2. The Busan Business Agenda

    III. Learning from Experience
    1. The Foundations of APEC
    2. Achievements and Challenges
    3. Expectations and Reality
    4. Lessons for the Future

    IV. Clarifying the Bogor Vision
    1. Pursuing an Ideal
    2. Setting Realistic Targets
    3. Specialisation in Line with APEC's Comparative Advantage

    V. Opportunities for Liberalisation
    1. Complementing the WTO
    2. Scope for Further Concerted Unilateral Action
    3. Longer-term Opportunities for Liberalisation

    VI. Opportunities for Facilitation
    1. Building on Existing Efforts
    2. The Busan Business Agenda
    3. Milestones for the Roadmap
    4. Capacity-building

    VII. Implementing the Busan Roadmap
    1. Korea: 2005
    2. Viet Nam: 2006
    3. Australia: 2007

    VIII. Looking Further Ahead
    1. Working Behind the Border
    2. Border Barriers: Unfinished Business

    IX. Conclusion

    References
    Summary
    The 2005 review of progress towards free and open trade and investment offers APEC leaders the opportunity to give the process new purpose and direction.The mid-term stocktake of the Bogor goals demonstrates that, since 1994, APEC economies have moved significantly closer to the vision of free and open trade and investment. Average tariffs are considerably lower, often at or close to zero. There are now only a few quantitative restrictions on trade. People and capital are moving more freely around the region. More efficient customs procedures, progress towards paperless trading, mutual recognition of standards and other practical arrangements to facilitate trade and investment are already saving billions of dollars per year. (The rest is omitted.)
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  • A Renewed Vision for APEC: Meeting New Challenges and Grasping New Opportunities
    A Renewed Vision for APEC: Meeting New Challenges and Grasping New Opportunities

    APEC can be proud of some solid achievements since it was founded in 1989, but now is a very useful time to evaluate the precise nature of its contributions and to attempt to define a new vision for the organisation. There is now ..

    John Mckay Date 2005.11.10

    economic integration, economic cooperation
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    Content
    Executive Summary

    I. Introduction: The Imperative for APEC Renewal & Reassessment

    II. Assessing APEC's Performance
    1. What Has APEC Achieved Since its Inception?
    2. Evaluating APEC's Contribution

    III. New Challenges and Opportunities in the Region
    1. Key Changes in the Asia Pacific Region to which APEC Must Respond
    2. The Development of Other Regional Bodies in the Last Decade

    IV. Some Ways Forward and New Visions for APEC's Future
    1. Updating the Bogor Goals
    2. APEC as a Regional Development Organisation: APEC as an Asia Pacific OECD?
    3. APEC as a Bridge Across the Pacific
    4. APEC and Human Security
    5. APEC and More Traditional Security Issues
    6. Building an Asia Pacific Community
    7. The Question of Membership
    8. Conclusions: A Future Vision for APEC

    References
    Summary
    APEC can be proud of some solid achievements since it was founded in 1989, but now is a very useful time to evaluate the precise nature of its contributions and to attempt to define a new vision for the organisation. There is now only five years until 2010, by which time the developed economies have agreed to meet their Bogor goals. There is a further 10 years until the developing economies are supposed to have reached a similar goal, but in many cases there is still a great deal to do before reaching that standard. So, there is some urgency about the matter, and this is reflected in the creation of the mid-term review process within APEC. (The rest is omitted.)
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  • 중국의 기술산업화 모델 및 전략
    A Study of the China's Technology Industrialization Model and Strategy

    China today is reformulating its technology industrialization strategy. The hard work, the benefits of latecomer status and effective industrial policy that brought our country to the level of a developed economy are no longer ade..

    Seung-Chan Park Date 2005.10.19

    economic development
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    Content
    ..
    Summary
    China today is reformulating its technology industrialization strategy. The hard work, the benefits of latecomer status and effective industrial policy that brought our country to the level of a developed economy are no longer adequate for competition in the future. For the last 10 years, technology industrialization has become a key element of competitiveness like the quality of workforce and capital because it has been proved one of the most important determinants of nation's productivity and economic growth. (The rest is omitted.)
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  • Financial Market Integration in East Asia: Regional or Global?
    Financial Market Integration in East Asia: Regional or Global?

    This paper investigates how well the financial markets in East Asia are integrated with each other and compare&nbsp; the degree of this regional integration with the degree of integration between East Asian markets and the US ..

    Jongkyou-Jeon et al. Date 2005.10.14

    financial crisis, financial integration
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    Content
    Executive Summary

    I. Introduction

    II. Related Literature

    III. Volume-based Approach
    1. Model Specification
    2. Estimation Results

    IV. Asset Price Based Approach
    1. Real Interest Rate Parity Test
    2. CAPM Test
    3. Results

    V. International Risk-sharing Approach
    1. Theoretical Background
    2. Decomposing the cross-sectional variance of shocks to GDP
    3. Estimation Results

    VI. Conclusion

    References
    Summary
    This paper investigates how well the financial markets in East Asia are integrated with each other and compare&nbsp; the degree of this regional integration with the degree of integration between East Asian markets and the US market. We use three approaches: volume-based approach, asset price-based approach, and international risk sharing approach. Our results indicate that the degree of financial integration in East Asia has been recently increased, but our overall results suggest that it is due to the integration with a global market rather than regional integration. (The rest is omitted.)
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  • Have Efficiency and Integration Progressed in Real Capital Markets of Europe and..
    Have Efficiency and Integration Progressed in Real Capital Markets of Europe and North America During 1988-1999?

    This paper examines the progress of efficiency and integration in real capital markets of 10 European countries and the US-Canadian market in the pre-EMU period from 1988:1993 to 1994:1999. (The rest is omitted.)

    Yonghyup Oh Date 2005.10.14

    financial integration, capital market
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    Content
    Executive Summary

    I. Introduction

    II. Model Specifications

    III. Data, Conversion and Asset Beta

    IV. A Static Test of Integration and Efficiency for European Markets and the
    US- Canadian Market

    V. Have Efficiency and Integration Improved in European Markets?

    VI. US- Canada Market

    VII. Concluding Remarks

    References
    Summary
    This paper examines the progress of efficiency and integration in real capital markets of 10 European countries and the US-Canadian market in the pre-EMU period from 1988:1993 to 1994:1999. (The rest is omitted.)
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  • 무역상 기술장벽 분야의 WTO 논의동향과 대응
    WTO Discussions on Technical Barriers to Trade and Policy Implications

    Along with the rapid reduction of traditional trade barriers such as tariffs and quotas, institutional factors including technical regulations have proliferated and increased their impact on international trade. Other factors that..

    Sang-yirl Nam Date 2005.09.30

    multilateral negotiations
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    Content
    WTO Discussions on Technical Barriers to Trade and Policy Implications
    Nam, Sang-yirl

    I. INTRODUCTION

    II. TECHNICAL BARRIERS TO TRADE (TBT)
    1. Characteristics of TBT
    2. Standards and TBT
    3. Major Researches on TBT
    4. Technical Regulations and Multilateral Trade Rules

    III. WTO DISCUSSIONS AND ISSUES CONCERNING TBT
    1. Discussions in WTO Committee on TBT
    2. Technical Regulations of WTO Members
    a. TBT notifications under the WTO
    b. recent TBT issues by country in the WTO
    c. dispute cases on TBT issues in the WTO
    d. recent TBT notifications by major country

    IV. POLICY IMPLICATIONS

    [APPENDIX] CHARACTERISTICS OF TBT NOTIFICATIONS DURING 2001-2004
    1. Number and Share of Notifications by Major Country
    2. Notifications of Major Country and Region by Legitimate Objective
    3. Notifications of Major Country and Region by Product Classification
    4. Notifications of Major Country and Region by Comment Period Offered
    Summary
    Along with the rapid reduction of traditional trade barriers such as tariffs and quotas, institutional factors including technical regulations have proliferated and increased their impact on international trade. Other factors that have impacted upon technical regulations include technical progress, and increased interests in welfare such as safety, health and environmental protection. Technical regulations are not dominated by developed countries or by some high-tech products. They are applied virtually to any product that is traded between countries and diffused from developed countries to developing countries in various regions like Southeast Asia, Central and South America, and Eastern Europe. (The rest is omitted.)
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  • 중동 GCC와 EU간 FTA 추진 배경과 전망
    GCC·EU FTA : The Present and Its Prospect

    New movements in the Middle East region are adding to internal conflicts and natural resources (such as oil and natural gas), issues that often captures world's attention. One new big movement was made by Gulf Cooperation Council ..

    Hee-Yeon Bae Date 2005.09.30

    economic integration, free trade
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    Content
    해당 사항 없음.
    Summary
    New movements in the Middle East region are adding to internal conflicts and natural resources (such as oil and natural gas), issues that often captures world's attention. One new big movement was made by Gulf Cooperation Council (GCC), a regional organization aimed at protecting political, military and economic interests of six nations in the Gulf region including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE. Recently, GCC is deepening internal integration by realizing a customs union and drafting framework for the introduction of a single currency. At the same time, GCC is advancing external integration by promoting trade agreements with the world's main traders. So far GCC has concluded a Free Trade Agreement (FTA) with Lebanon and some progress is being made on FTA negotiations with China (the GCC's biggest trade partner), India and Jordan. (The rest is omitted.)
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  • 인도의 대외경제정책과 한·인도 경제협력 강화방안
    India's Foreign Economic Policy and the Way of Reinforcing Economic Cooperation between Korea and India

    India is getting worldwide attention for its remarkable current economic growth which is partly driven by its active reform and opening economic policy after the foreign exchange crisis in July 1991. Since then, India has achieved..

    Tae Hwan Yoo et al. Date 2005.08.19

    economic reform, economic cooperation
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    Content
    없음
    Summary
    India is getting worldwide attention for its remarkable current economic growth which is partly driven by its active reform and opening economic policy after the foreign exchange crisis in July 1991. Since then, India has achieved a more than average 6 percent economic growth and developed a more solid and sound economic structure. Its monsoon dependent agriculture sector decreased its proportion in overall economy to less than 20 percent, while the IT-led service sector assumed about 55% of India's total GDP. (The rest is omitted.)
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처음 151152153154155 마지막

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