Policy Analyses
Publications
Policy Analyses
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Studies on Trade Barriers of Developed Countries: Trade Barriers of the European Community
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 1992.07.17
trade disputeDownloadContentSummaryThe 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 trade barriers of the European Community and makes some policy recommendations to take countermeasures for the Korean economy. -
Non-Tariff Barriers of Asian Developing Countries
Jae-Bong Ro Date 1992.07.15
customs, barrier to trade -
Studies on Trade Barriers of Developed Countries: Standards and Certification
This paper aims to analyze the standards, certification and technical barriers of developed countries and to suggest some strategies to take countermeasures.The composition of this study is as follows. Section II reviews internati..
Keuk Je Sung Date 1992.07.07
economic developmentDownloadContentSummaryThis paper aims to analyze the standards, certification and technical barriers of developed countries and to suggest some strategies to take countermeasures.<
The composition of this study is as follows. Section II reviews international rules on standards and certification. Section III explores the economic meaning of technical barriers. Section IV outlines the trade system of the U.S., Japan and the EC, focusing on technical barriers and finding areas in trade that need to be improved. Finally, Section VI makes some suggestions for Korea to take countermeasures against technical barriers in developed countries. Finally, Korea's corresponding policy and some recommendations are suggested in section V. -
Formation of Enterprise Groups in China: Present Status and Future Direction
Although formation of enterprise groups in China is still in the process of the development and transfiguration, and their statistical data is not good, a tentative conclusion in regard of their fosterage policy and institution is..
Ick Soo Kim Date 1992.06.24
industrial policyDownloadContentSummaryAlthough formation of enterprise groups in China is still in the process of the development and transfiguration, and their statistical data is not good, a tentative conclusion in regard of their fosterage policy and institution is reached as follow. First, since enterprise groups in China were mostly formed through administrative mergers from 1979 to 1989, there are very small numbers of real enterprise groups.<
Microscopic effect achieving economies of scale through the segmentation and specialization among enterprises is seen to be great in the well-combined and systemic sectors for steel, automobiles and petrochemistry. However, it is not so great in the other sections. Distribution efficiency and inefficiency by industry is estimated to be unsymmetrical and having only temporary impact. -
Trends in Developed Countries' Economic Cooperation with China
After China adopted reform and open policy in 1978, the United States, Japan and Germany have strengthened economic cooperation with China, expanding the supply of loans, direct investment, technology transfer and establishment of..
Young Rok Cheong Date 1992.06.19
economic cooperationDownloadContentSummaryAfter China adopted reform and open policy in 1978, the United States, Japan and Germany have strengthened economic cooperation with China, expanding the supply of loans, direct investment, technology transfer and establishment of commercial branch offices as well as commodity trade.<
By comparing these developed countries' economic cooperation with China, this study suggests the ultimate direction for the Korean government's foreign policy and strategy for penetration of the Chinese market. -
Russia's Privatization Policy and Foreign Direct Investment
This research assesses the privatization of the industrial system in Russia to provide a current view and various implications of the business climate of foreign direct investment in transforming Russia. The rest of the paper is o..
Je Hoon Park Date 1992.06.18
economic reform, foreign investmentDownloadContentSummaryThis research assesses the privatization of the industrial system in Russia to provide a current view and various implications of the business climate of foreign direct investment in transforming Russia.<
The rest of the paper is organized as follows. Section II discusses Russia's privatization policy. Section III reviews the privatization theory and Russia's privatization policy. Section IV examines the current status and characteristics of the privatization process. Section V looks into the current status of FDI in order to attract foreign capital. The strategy for FDI is proposed. An executive summary and concluding remarks are found in the final section. -
Studies on a Strategy for the Internationalization of the Service Industry: Marine Transportation
This study aims at recommending strategies for the internationalization of marine transportation services by analyzing its current status and probable impacts.Services negotiations have the purpose of liberalizing trade in service..
Eui-Tae Chang Date 1992.06.12
industrial policyDownloadContentSummaryThis study aims at recommending strategies for the internationalization of marine transportation services by analyzing its current status and probable impacts.<
Services negotiations have the purpose of liberalizing trade in services and thus will bring economic benefits. To ensure these benefits, it is necessary to establish proper strategies for the negotiations.
Maritime services are strategically important since future negotiations will expand the opening of the foreign market. It needs to focus on countries that are less open and lack transparency in order to upgrade the overall openness of this sector.
The government needs to recognize that liberalization of trade in services is in our interests. Hence, it can utilize the WTO services negotiation in promoting further liberalization and deregulation. However, to prepare for possible side effects such as unemployment due to the liberalization of mode 4, it needs to establish proper social safety nets and effective reeducation programs.
The rest of the paper is organized as follows. Section II examines the characteristics and scope of the marine transportation industry. Section III reviews the changes in the international maritime market such as ever-increasing keen competition, the second shipping system, containerization and the development of complex transport UR service negotiations. Section IV assesses a degree of importance and competitiveness of Korea's maritime industry. Section V reviews the regulations and policy of Korea's maritime industry, and Section VI proposes the strategy for the internationalization of marine transportation services. -
The Economic Cooperation between EC and Korea: Problems and Prospects
The Korea Institute for International Economic Policy (KIEP) together with Friedrich-Ebert-stiftung (FES) organized the international seminar on 'The Economic Cooperation between EC and Korea: Problems and Prospects', on October 1..
Chung Ki Min Date 1992.06.01
economic cooperationDownloadContentSummaryThe Korea Institute for International Economic Policy (KIEP) together with Friedrich-Ebert-stiftung (FES) organized the international seminar on 'The Economic Cooperation between EC and Korea: Problems and Prospects', on October 14-15, 1991.<
The objective of this forum was to share views on the progress of the European Economic Integration and to deliberate on the policy implementations that would effectively promote trade and investment between EC and Korea. In addition, it was an attempt to contribute to the planning of market liberalization and improvement of foreign investment in Korea. -
Economic Achievements and Prospects of China: 1991-92
Jong-Suek An et al. Date 1992.05.20
economic development, economic outlook -
Studies on a Strategy for the Internationalization of the Service Industry: Accounting
As the international financial environment has rapidly changed in terms of globalization, diversification, deregulation and innovation, the necessity of the internationalization of the accounting service industry has increased.The..
Chong Man Kim Date 1992.04.22
industrial policyDownloadContentSummaryAs the international financial environment has rapidly changed in terms of globalization, diversification, deregulation and innovation, the necessity of the internationalization of the accounting service industry has increased.<
The purpose of this report is to build a consensus on the necessity and means to internationalize the accounting service industry by reviewing the current status and by suggesting perspectives for its internationalization.
The rest of the paper is organized as follows. Section II assesses the current status of Korea's accounting industry. Section III discusses the liberalization of accounting service such as cross border, movement of consumption, commercial presence, movement of personnel, the analyses for UR requirement and its direction for the liberalization. Section IV then investigates the necessity, problem and questions for the internationalization of the accounting service.
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