Towards Deeper Integration Among China, Japan and Korea
Choi, Bo-Young; Lee, Seo Young | May 2017
Abstract
In this paper, we analyze the contents of all preferential trade agreements (PTAs) of China, Japan, and Korea whose date of entry into force is prior to February 2015, on the basis of sectoral coverage and legal enforceability. Korea and Japan show a broader sectoral coverage and contain higher number of legally enforceable provisions in recent PTAs. While China's PTAs have shown low coverage of deep provisions in the past, more recent PTAs are converging to the depth of Korea's and Japan's PTAs as China began negotiating PTAs with developed countries. Overall, the three countries' legal inflation rate is below the world's PTAs and the EU PTAs average, but higher than the average of US PTAs.
Citation
Choi, Bo-Young; Lee, Seo Young. 2017. Towards Deeper Integration Among China, Japan and Korea. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/7018.PDF ISBN
978-89-322-2436-7
Keywords
Resources evaluation
Input output analysis
Import volume
Export volume
Export Development
Economic agreements
International market
Import policy
Export policy
Project Evaluation & Review Technique
Operations Evaluation
Evaluation
World Trade
Trade Volume
Trade Promotion
Trade Flows
Trade Development
Patterns Of Trade
Participatory monitoring and evaluation
Participative management
Foreign trade routes
Trade routes
Foreign trade and employment
Show allCollapse
Citable URI
http://hdl.handle.net/11540/7018Metadata
Show full item recordRelated items
-
Food Prices and Population Health in Developing Countries: An Investigation of the Effects of the Food Crisis Using a Panel Analysis
Lee, Suejin; Lim, Jae-Young; Lee, Hyun-Hoon; Park, Cyn-Young (Asian Development Bank, 2013-09-01)High food prices can be an immediate threat to household food security, undermining population health, retarding human development, and lowering labor productivity for the economy in the long term. We employ a panel dataset covering 63 developing countries from 2001 to 2010 to make a comprehensive assessment of the effects of food price inflation and volatility on population health measured by infant ...High food prices can be an immediate threat to household food security, undermining population health, retarding human development, and lowering labor productivity for the economy in the long term. We employ a panel dataset covering 63 developing ... -
Changes in Determinants of Financial Stress in Emerging Market Economies after the GFC
Jeong, Young Sik; Yang, Da Young; Kang, Eunjung; Ko, Deokki (Korea Institute for International Economic Policy, 2020-08-13)Since the global financial crisis (GFC) in 2008, various forms of financial instability have repeatedly emerged when considering the European debt crisis, US interest rate hikes, plunge in commodity prices, and concerns about a hard landing in the Chinese economy. Recently, the international financial market has been unstable due to the COVID-19 pandemic and the intensifying US-China conflict. During ...Since the global financial crisis (GFC) in 2008, various forms of financial instability have repeatedly emerged when considering the European debt crisis, US interest rate hikes, plunge in commodity prices, and concerns about a hard landing in the ... -
Financial Integration in Emerging Asia: Challenges and Prospects
Park, Cyn-Young; Lee, Jong-Wha (Asian Development Bank, 2011-05-01)Using both quantity- and price-based measures of financial integration, this paper shows an increasing degree of financial openness and integration in emerging Asian markets. This paper also assesses the impact of a regional shock relative to a global shock on local equity and bond markets. The findings of this paper suggest that the region’s equity markets are integrated more globally than regionally, ...Using both quantity- and price-based measures of financial integration, this paper shows an increasing degree of financial openness and integration in emerging Asian markets. This paper also assesses the impact of a regional shock relative to a global ...