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Policy Analyses

Publications

  • Economic Development and Institutional Evolution of China and South Korea
    Economic Development and Institutional Evolution of China and South Korea

    Jang-Hee Yoo et al. Date 1992.01.01

    economic development
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    I. THE SYSTEM OF NATIONAL ECONOMIC MANAGEMENT
    China's Macro-Economic Management System : from Direct Control to Indirect Control / Gao Shangquan
    The System of National Economic Management in korea / koo, Bon-Ho

    II. THE RESOURCE ALLOCATION SYSTEM
    China's Price System and Its Recent Reform / Wu Jinglian
    Korea's Resource Allocation Mechanism : Planning and the Market / Kim, Kwang Suk

    III. THE FISCAL AND FINANCIAL SYSTEM
    The Evolution and Analysis of China's Fiscal Revenue and Expenditure / Zhang Zhuoyuan
    The Fiscal System in Korea / Park, Chong - Kee
    How to Utilize the Fiscal Fund and Credit Fund in China More Reasonably? / Zhao Haikuan
    Evolution of Financial System in Korea / Kim, Pyung Joo

    IV. THE EMPLOYMENT AND WAGE SYSTEM
    Reform of the Employment and Wage System in China's State-owned Enterprises / Zhao Renwei
    Employment and Wage System in Korea / Kim, Sookon
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  • 러시아연방 의회ㆍ정부 인명록
    러시아연방 의회ㆍ정부 인명록

    KIEP Date 1992.01.01

    political economy
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  • 동북아 지역 무역구조와 역내 수출경쟁력 비교
    Inter-regional Trade Structure and Comparative Advantage Analysis in the Northeast Asia Region

    The linkages of the Northeast Asian economies with the rest of the world have become more significant in recent years. The share of intra-regional trade among the Northeast Asian economies increased in most of the countries over t..

    Young Rok Cheong Date 1992.01.01

    trade structure
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    The linkages of the Northeast Asian economies with the rest of the world have become more significant in recent years. The share of intra-regional trade among the Northeast Asian economies increased in most of the countries over the last two decades. The most dynamic changes in the international trade of the East Asian economies can be observed in Northeast Asian economies.

    This paper reviews the intra-regional trade structure and the degree of competition among Northeast Asian economies, assessing the viability of forming a regional economic cooperation body. However, it will be difficult for Northeast Asia to produce practical benefits for years to come.

    The analysis uses various trade-related indices, including trade specialization, to calculate comparative advantage, intra-industry trade, while the trade conformity index is used with an emphasis on the demand side of international trade.

    Overall, this paper analyzes that differential policies between Northeast Asian countries (North Korea, the Soviet Union and China) and Japan are required.
    It identifies even more complementary relationships between the countries as the product classification is disaggregated further.
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  • 기술장벽에 대한 국제적 논의와 대응방안 : 표준ㆍ기술규정ㆍ인증 등 관련 제도를 중심..
    International Discussion of Technical Barriers to Trade, and Policy Responses

    Chan-Hyun Sohn Date 1991.12.30

    technical cooperation
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  • Northeast Asian Economic Cooperation: Perspectives and Challenges
    Northeast Asian Economic Cooperation: Perspectives and Challenges

    The Korea Institute for International Economic Policy (KIEP) together with the Asia Society of the United States organized the 'Regional Forum on Northeast Asian Economic Cooperation,' on September 3-4, 1991.The purpose of this fo..

    Jang Won Suh Date 1991.12.30

    economic cooperation
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    The Korea Institute for International Economic Policy (KIEP) together with the Asia Society of the United States organized the 'Regional Forum on Northeast Asian Economic Cooperation,' on September 3-4, 1991.
    The purpose of this forum was to analyze characteristics unique to the Northeast Asian economies and identify critically potential areas of economic cooperation. In addition, it was an attempt to determine the modalities of this cooperation and the roles that each of the countries would play.
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  • The Uruguay Round Negotitions and the Korean Economy
    The Uruguay Round Negotitions and the Korean Economy

    The main purpose of this paper is three-fold. The first objective is to show how Korea has been handling the negotiations by describing the government structure involved in the negotiating process and its positions taken in the Ur..

    Tae-ho Bark Date 1991.11.01

    economic relations, multilateral negotiations
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    I. Introduction

    II. Korea's Participation in the Uruguay Round

    III. The Impact of the Uruguay Round on the Korean Economy

    IV. Tasks Facing Korea

    V. Major Difficulties Faced by Korea in the Uruguay Round

    VI. Concluding Remarks

    Endnotes

    References
    Summary
    The main purpose of this paper is three-fold. The first objective is to show how Korea has been handling the negotiations by describing the government structure involved in the negotiating process and its positions taken in the Uruguay Round. Second, this paper tries both to evaluate the potential impact of the Uruguay Round on the Korean Economy and also to suggest the policy measures and actions to be taken by the government as well as the private business community. The third objective of this paper is to share the difficulties experienced by Korean negotiators.

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  • 한국의 대베트남 경제협력 기본전략
    Fundamental Strategies for Korea's Economic Cooperation with Vietnam

    Hak-Su Kim Date 1991.11.01

    economic cooperation
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  • 우리나라 주식시장 개방의 효과분석
    Analysis of the Effects of Opening Korea's Stock Market to Foreign Investment

    The Korean stock market will be open to foreign investors from January 1992, a move to liberalize the stock market from it's earlier conditions of prohibiting stock trade with foreign investors with the exception of direct investm..

    Chong Man Kim Date 1991.10.29

    economic opening, capital market
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    The Korean stock market will be open to foreign investors from January 1992, a move to liberalize the stock market from it's earlier conditions of prohibiting stock trade with foreign investors with the exception of direct investment for companies and indirect investment such as country funds, earning securities and the issue of foreign securities for Korean companies. When foreign capital flows into the domestic market, the stock market will be active and domestic companies will increase direct capital fundraising activities such as the issuance of new stock. Such direct finance results in a drop in interest rate and the burden of capital costs. Thus, a stock market with a consolidated role is essential to the Korean economy.

    However, it is worried that the inflow of capital will lead to a price increase due to inflation and speculative capital. The unresolved problems of transferring state and corporate shares hold the key to the further development of Korea's stock market.
    This paper analyzes the effects of opening Korea's stock market then discusses countermeasures to cope with foreign investment.
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  • 외국인 직접투자의 생산성효과 분석 : 한국과 대만의 제조업을 중심으로
    Analysis of the Relationship between Foreign Direct Investment and Productivity

    In-Bom Choi et al. Date 1991.10.01

    productivity, foreign direct investment
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