Acknowledgements

Notes on the Contributors

1. Services Trade Liberalization between Taiwan and China: Assessing the Impacts of the ECFA and Its Future Development ― A One Year Review of Taiwanese Banks in China - Kristy Tsun Tzu HSU (徐遵慈)
Introduction
Assessing the ECFA and Its Effects
Taiwanese Banks in China: First Year’s Review
Conclusions
References

2. Accession to the WTO: The Case of Azerbaijan - Aynura ISMAYILOVA
General Review
Historical Review of the Economics for the Last 20 Years: from 1991 to 2012
Azerbaijan is on the Way to WTO Membership: from 1997 until 2012
Azerbaijan’s WTO Membership Wish: Expectations for Future
References

3. Features of the Currency Policy and Exchange Rate of Belarus in the Conditions of Forming the Common Economic Space - Maryna Markusenka
Introduction
The Currency Exchange Rate Adjustment in the Republic of Belarus
Scientific Base of Methods and Instruments of Monetary Policy in the Common Economic Space (CES) Conditions
Conclusions
References

4. Services Sector in India and India-Korea Economic Cooperation - Sandip Kumar Mishra
Introduction
Services Sectors of India
Issue of FDI in Services Sector
Issue of Employment
Challenges and Prospects in the Indian Services Sector
India-Korea Economic Cooperation
CEPA and Economic Cooperation
Indian Services Sector and Bilateral Cooperation
FDI from South Korea
Concluding Remarks

5.The Impact of the Internationalization of the Renminbi on Asian Economies - Lee-Rong Wang
Introduction
Body
Conclusions
References

6. Comparative Research on Automotive Industry Policies between South Korea and China - Fu Baozong
Introduction
Comparison of China and Korea's Development of Automobile Industry
Similarities in Automobile Industry Policies of China and Korea
Differences of Automobile Industry Policies between China and KoreaComparison on Results of Automobile Industry Policies between China and Korea
Conclusions
References

7. Private Economy and Economy Transformation in China - Liu Xianwei
Introduction
Development of Private Economy in China
The Key for China’s Economy Transformation
Historical Mission of China’s Private Economy
Suggestion and Conclusion
References

8. Azerbaijan Economy: Diversification in lens of Modernization - Vusal Gasimli
Introduction
Diversification Trends
Causality Relationship between Economic Growth and Labor Productivity
Conclusion
References

9. Building a Korean-Portuguese Business Partnership for Sub-Saharan Africa: Opportunities and Challenges In Mozambique - Luis Mah
Introduction
From “Hopeless” to “Hopeful” Continent: The Rise of Sub-Saharan Africa
Go Africa? Korea´s Engagement with the Emerging Continent
The Political Economy of Mozambican Growth and Development
Portugal as a Business Partner for Korea in Mozambique
Conclusion
References

10. The Second-Tier “Tigers” in the Light of Latin American Experience - Victor Krasilshchikov
Introduction: “Unhappy” Latin America and “Lucky” East Asia
Comparing Latin America to East Asia: Visible Differences and Hidden Similarities
“A Santa Fé” Tecnocrática: The Brazilian Experience and Its Implications
The Second-tier “Tigers” from the Rise to Distress (1970s – 1997)
The Post-Crisis Development (1998 and onwards): Did the “Tigers” Make Right Conclusions?
Towards a Knowledge-Based Society?
Conclusion
References