Results 1-10 of 24
Regional Development Policies of Korea and Policy Suggestions for Azerbaijan
(Korea Institute for International Economic Policy, 2018-05-04)
An oil-rich country, Azerbaijan has made great progress due to its substantial oil profits. However, like Korea, it also faces the problem of urban-rural disparity and is applying numerous regional policies to tackle the issue. Korea’s “learning by ...
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 ...
Economic Development Strategies of Major Central Asian Countries and Their Implications for Korea
(Korea Institute for International Economic Policy, 2017-12-18)
The purpose of this study is to focus on Kazakhstan, Uzbekistan and Turkmenistan, analyzing the new economic development strategies of these countries, and to discover opportunities and demand for economic cooperation.
Recent Development of Russia – Japan Economic Relations and Implications for Korea
(Korea Institute for International Economic Policy, 2018-01-29)
Under the Abe administration, Japan adopted a new policy approach toward Russia, i.e. the division of politics and business, or the priori-tization of economic issues. Through frequent summit meetings held from 2013 and in 2016 in particular, Japan and ...
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 ...
Promotion Strategy and Economic Effect of an Inter-Korean CEPA
(Korea Institute for International Economic Policy, 2017-10-10)
This study examines the necessity and possi-bility of an inter-Korean FTA in order to ex-pand inter-Korean economic cooperation and economic integration between the two Koreas. In the meantime, inter-Korean economic co-operation has been free of tariffs ...
The EU’s FTA Strategies in its New Trade Policy Initiatives and Policy Implications
(Korea Institute for International Economic Policy, 2017-09-05)
Beginning with the Global Europe Initiative in 2006, the EU has conducted active trade policy measures to contribute to economic growth, job creation and social cohesion in the European community. One of the conspicuous features of the new trade policy ...
Regional Comprehensive Economic Partnership (RCEP): Progress and Challenges
(Korea Institute for International Economic Policy, 2017-06-19)
The Regional Comprehensive Economic Partnership (RCEP) is an ongoing free trade agreement involving ASEAN member states (AMSs) and six trading partners: Australia, China, India, Japan, South Korea and New Zealand. In the last few years, the RCEP was ...
ASEAN Socio-Cultural Community and Policy Implications for Korea
(Korea Institute for International Economic Policy, 2020-08-26)
Since 2017, Korea has been striving to deepen its cooperative relationship with ASEAN to the level of its four traditional major partners ‒ the U.S., China, Japan and Russia ‒ through the New Southern Policy. This requires strengthening cooperation not ...