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7591.

The Recent Drop and Recovery of Korean Exports: Structural and Cyclical Aspects

LEESooyoung 대외경제정책연구원 World Economy Brief 5 Pages

대외경제정책연구원 World Economy Brief 2017, 제 17권 9 1-5 (5 pages)

LEESooyoung 저

이 자료는 국가지식 제공기관과의 협약을 통해 무료로 제공되는 자료입니다.
- 무료
Since late last year, Korean exports seem to be recovering from the long tunnel of negative growth that continued for 20 consecutive months. It might be, however, too early to predict whether Korean exports will sustain the growth in the future. The long-run trend of Korean exports has been unusually eventful in the last decade and both cyclical and structural components lie behind it. The trade drop in 2015 has strong cyclical aspects. The exceptionally low oil prices drove down export prices...
7592.

Sustainable Economic Cooperation between Korea and the Middle East in Times of Lower Oil Prices

LEEKwonHyung, SONSungHyun, JANGYunhee, RYOUKwangHo 대외경제정책연구원 World Economy Brief 5 Pages

대외경제정책연구원 World Economy Brief 2017, 제 17권 7 1-5 (5 pages)

LEEKwonHyung, SONSungHyun, JANGYunhee, RYOUKwangHo 저

이 자료는 국가지식 제공기관과의 협약을 통해 무료로 제공되는 자료입니다.
- 무료
of the oil it uses from GCC countries. Third, investment cooperation should be strengthened to facilitate joint investment in the region, including joint ventures. Fourth, institutional cooperation between governments is needed to share experiences and know-how obtained in the process of Korea's institutional reforms in the fields of tax, subsidies, privatization and FDI. Civil servant exchange programs will also contribute to deepening mutual understanding in the bilateral economic partnership.
7593.

Korea's Multilateral Trade Policies in the Changing Global Trade Landscape

SUHJinKyo 대외경제정책연구원 World Economy Brief 4 Pages

대외경제정책연구원 World Economy Brief 2017, 제 17권 6 1-4 (4 pages)

SUHJinKyo 저

이 자료는 국가지식 제공기관과의 협약을 통해 무료로 제공되는 자료입니다.
- 무료
a rapid spread of increasing anger over globalization. Furthermore, the next WTO Ministerial Conference will be held in Buenos Aires, Argentina in early December 2017. However, the Trump administration is developing a national trade policy that would seek to diminish the influence of the WTO in the United States. What should the new direction for Korea's multilateral trade policy be in such a changing global trade environment? New directions of Korea’s multilateral trade policies are suggested...
7594.

The Beginning of the China-led New Financial Order and Korea's Countermeasures

LIMHoYeol, KIMHongwon 대외경제정책연구원 World Economy Brief 4 Pages

대외경제정책연구원 World Economy Brief 2017, 제 17권 3 1-4 (4 pages)

LIMHoYeol, KIMHongwon 저

이 자료는 국가지식 제공기관과의 협약을 통해 무료로 제공되는 자료입니다.
- 무료
cautious approach. In conclusion, the China-led new financial order is still in its infancy. Taking all the three abovementioned aspects together, it will be difficult for China to dramatically change the current international financial order in the short term, when taking into consideration the Chinese financial goals and internal capability, the speed of progress in AIIB's projects, and the West's containment policy toward China. Korea, however, will have to secure its own national interest...
7595.

Korea's Readiness for the ASEAN Economic Community

KWAKSungil, KIMJegook 대외경제정책연구원 World Economy Brief 6 Pages

대외경제정책연구원 World Economy Brief 2016, 제 16권 24 1-6 (6 pages)

KWAKSungil, KIMJegook 저

이 자료는 국가지식 제공기관과의 협약을 통해 무료로 제공되는 자료입니다.
- 무료
Complete integration will not be an easy task to achieve in the short term, given the fact that AMS are greatly diverse in terms of economic structure and development levels. However, their aspiration to reach the completion of AEC will push them to realize their goals soon. Therefore, Korean firms and the government must be ready to cooperate with the new economic bloc representing a population of 600 million, and $ 1.7 trillion in GDP. - There exist disparities among firms in terms of their...
7596.

AIIB Development: Forecast and Implications

LEEHyuntai, KIMJunyoung 대외경제정책연구원 World Economy Brief 5 Pages

대외경제정책연구원 World Economy Brief 2016, 제 16권 22 1-5 (5 pages)

LEEHyuntai, KIMJunyoung 저

이 자료는 국가지식 제공기관과의 협약을 통해 무료로 제공되는 자료입니다.
- 무료
worth of loans will finance four projects approved by the AIIB The projects can be defined by the following characteristics: 1) infrastructure investment in countries situated on the path connecting the Belt and Road Initiative, 2) proposals by recipient country governments, 3) co-financing with other MDBs, and 4) small loans. Short-term Forecast The AIIB's projects are predicted to involve joint collaboration via co-financing with other MDBs. As for joint ventures, other MDBs and recipient...
7597.

Korea's ODA Policy for Fragile States in Asia

KWONYul, LEESangMi, YOOAila 대외경제정책연구원 World Economy Brief 7 Pages

대외경제정책연구원 World Economy Brief 2016, 제 16권 21 1-7 (7 pages)

KWONYul, LEESangMi, YOOAila 저

이 자료는 국가지식 제공기관과의 협약을 통해 무료로 제공되는 자료입니다.
- 무료
it will become necessary to address issues concerning fragile and conflict-affected countries. Eight out of fifty fragile states are located in Asia and 30% of the overall fragile state population is expected to reside in Asia. Thus, there is an urgent need for policy efforts to address problems regarding fragile states such as severe poverty and underdevelopment. Furthermore, five out of eight Asian fragile states are categorized as priority partner countries of Korea for 2016-2020. However,...
7598.

North Korea's Trade with China in 2015: Analysis and Forecasts

CHOIJangho, CHOIYoojeong 대외경제정책연구원 World Economy Brief 5 Pages

대외경제정책연구원 World Economy Brief 2016, 제 16권 18 1-5 (5 pages)

CHOIJangho, CHOIYoojeong 저

이 자료는 국가지식 제공기관과의 협약을 통해 무료로 제공되는 자료입니다.
- 무료
of a domestic consumption-driven economy, is well expected to continue, and will further lead to a steady decline in North Korea's trade with China. Although imports from China have dropped due to a shortage of foreign currency resulting from export decline, the negative impact this may have on North Korea's economy has yet to show. Market prices have stayed stable since 2013. North Korea's trade with China in 2016 seems that the steady decline in raw materials price in international commodity...
7599.

Outcome and Implications of the Nairobi Ministerial Conference

SUHJinKyo, LEEHyo-young 대외경제정책연구원 World Economy Brief 5 Pages

대외경제정책연구원 World Economy Brief 2016, 제 16권 9 1-5 (5 pages)

SUHJinKyo, LEEHyo-young 저

이 자료는 국가지식 제공기관과의 협약을 통해 무료로 제공되는 자료입니다.
- 무료
Development Round, however, still remains in the dark since there is no clear reaffirmation of the DDA. With the developed country groups quite opposed to continuing multilateral negotiations in the current format, it may not be realistic to predict that the DDA will sustain its form. In the end, this would imply a new form of DDA, i.e. 'DDA 2.0', with the support of all WTO members and coverage of all "new issues" on the multilateral trade agenda that are addressed in a "new approach".
7600.

Macro-prudential Response to Increased Global Market Volatility

KANGTaeSoo, LIMTaeHoon, SUHHyunduk, KANGEunjung 대외경제정책연구원 World Economy Brief 11 Pages

대외경제정책연구원 World Economy Brief 2016, 제 16권 7 1-11 (11 pages)

KANGTaeSoo, LIMTaeHoon, SUHHyunduk, KANGEunjung 저

이 자료는 국가지식 제공기관과의 협약을 통해 무료로 제공되는 자료입니다.
- 무료
a huge capital inflows backed up by the increased risk appetite of global investors. US Federal Reserve is now trying to normalize its monetary policy by increasing the policy rate tied at zero low bound for about seven years. This will bring asset price volatility and risk premium to normalize too. We remain concerned about the downside risk to the capital outflows from EMEs, including Korea. And it may well potentially cause a decrease in asset price and a growth contraction in EMEs....

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