Results 1-10 of 45
An Analysis of North Korea’s Operation Mechanism to Acquire Foreign Currency: Centered on the Mineral Sector (Anthracite, Iron Ore)
(Korea Institute for International Economic Policy, 2018-05-02)
The international community assumes that most of the profits from North Korea's mineral exports are diverted to the development of weapons of mass destruction (WMD) such as nuclear weapons and ballistic missiles. This belief has led to the implementation ...
An Analysis of Service Trade Regulations in Korea, China, and Japan and its Policy Implications
(Korea Institute for International Economic Policy, 2018-10-01)
In this report, we analyze the regulatory factors which restrict the trade in services of Korea, China and Japan to derive implications for Korea to enhance competitiveness in its services sectors by promoting trade in services in the three countries
Korea's Readiness for the ASEAN Economic Community
(Korea Institute for International Economic Policy, 2016-10-15)
On December 30th, 2015, ASEAN Member States (AMS; ten countries in Southeast Asia) announced the launch of the ASEAN Community, including the ASEAN Economic Community (AEC). All AMS held high expectations for more extensive and stronger economic ...
A Proposal to Lower Non-Tariff Barriers between China-Japan-Korea
(Korea Institute for International Economic Policy, 2016-06-21)
Non-tariff measures are defined as “policy measures other than ordinary customs tariffs that can potentially have an economic effect on international trade in goods, changing quantities trade, or prices or both (UNCTAD 2012, p.1).” Many non-tariff ...
Progress of the Brexit Negotiations
(Korea Institute for International Economic Policy, 2018-03-13)
On December 15 of last year, the European Council of the 27 remaining Member States (EU-27 hereinafter) concluded that sufficient progress had been made in the first phase of the Brexit negotiations that started in June 2017. The first phase dealt with ...
The Effect of Financial Market Integration on Monetary Policy and Long-term Interest Rate in Korea and Its Policy Implications
(Korea Institute for International Economic Policy, 2018-03-09)
Financial market integration mitigates production shocks that occur in a country by pooling the risk through portfolio diversification and this contributes to consumption smoothing for life-time utility maximization. Financial market integration also ...
Japan’s TPP Strategy
(Korea Institute for International Economic Policy, 2018-02-26)
Since 2013 the Japanese government has actively engaged in Mega-FTA negotiations such as the TPP (Trans-Pacific Partnership), Japan-EU FTA, RCEP (Regional Comprehensive Economic Partnership), and China-Japan-Korea FTA. Particularly, Japan initiated the ...
Structural Changes of the U.S. Economy: Implications for the U.S. Mid- to Long-Term Growth Path and the Korean Econom
(Korea Institute for International Economic Policy, 2017-06-22)
The outcome of the recent U.S presidential election came as a surprise to the world econ-omy. President Trump has tried to set his own policy agenda, including a trade policy based on protectionism. These actions are leading to great changes in world ...
Sanctions and Consequent Effects on North Korea's Trade
(Korea Institute for International Economic Policy, 2017-06-19)
The international community’s sanctions against North Korea (DPRK) have been tight-ened since 2006, as the DPRK continuously implemented nuclear tests through which smaller and technologically advanced nuclear bombs and ICBMs were tested out. When the ...
North Korea’s Trade with China in 2015: Analysis and Forecasts
(Korea Institute for International Economic Policy, 2016-07-12)
The year 2015 marked the first time North Korea’s trade with China shrank since 2009. According to China Customs, North Korea’s trade with China in 2015 recorded 5.4 billion, a drop by 14.7% from 6.4 billion in 2014. Exports to China recorded 2.5 ...