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Author: Korea Institute for National Unification (South Korea)
Publisher: 길잡이미디어
ISBN: 898479760X
Category : Free trade
Languages : en
Pages : 59
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Book Description
Free Trade Agreements (FTA) have played a leading role in the liberalization of the international economic order. It has assisted the strengthening of international partnerships with economic interests combined with political motivation. After the Cold War, the United States seized the opportunity to rise as the world’s sole hegemonic power 1. Introduction 2. Background of the KORUS and ROK-China FTAs A. The United States and China’s FTA Strategies B. Strategic Impact of the KORUS and ROK-China FTAs 3. FTA and the Korean Peninsula A. Direction of South Korea’s FTA Strategy B. Political Situation in Northeast Asia and Direction for South Korea’s Future FTAs 4. Strategic Considerations
Author: Korea Institute for National Unification (South Korea)
Publisher: 길잡이미디어
ISBN: 898479760X
Category : Free trade
Languages : en
Pages : 59
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Book Description
Free Trade Agreements (FTA) have played a leading role in the liberalization of the international economic order. It has assisted the strengthening of international partnerships with economic interests combined with political motivation. After the Cold War, the United States seized the opportunity to rise as the world’s sole hegemonic power 1. Introduction 2. Background of the KORUS and ROK-China FTAs A. The United States and China’s FTA Strategies B. Strategic Impact of the KORUS and ROK-China FTAs 3. FTA and the Korean Peninsula A. Direction of South Korea’s FTA Strategy B. Political Situation in Northeast Asia and Direction for South Korea’s Future FTAs 4. Strategic Considerations
Author: Mark E. Manyin
Publisher: DIANE Publishing
ISBN: 1437944167
Category :
Languages : en
Pages : 33
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Book Description
This report covers the background and current state of the relationship of the United States with the Republic of Korea (ROK, formerly South Korea), including economic and trade issues, North Korea, naval, and military events. It is a general overview of the current state of relations with South Korea.
Author: United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Terrorism, Nonproliferation, and Trade
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 48
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Book Description
Author: Jonathan Krieckhaus
Publisher: University of Michigan Press
ISBN: 0472123882
Category : Political Science
Languages : en
Pages : 172
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Book Description
Geopolitical Economy examines the significance and nature of free trade agreements (FTAs), the primary policy tool through which modern nations seek access to international markets and promote economic growth. The book focuses specifically on how South Korea, the world’s leader in the number and significance of FTAs as well as the world’s sixth largest export economy, uses FTAs. Jonathan Krieckhaus argues that geopolitics—the struggle between powerful nations over specific geographic regions around the globe—influenced FTA strategy and economic policy in South Korea and beyond. This perspective illustrates the security approach to FTAs, but adds that the geographic specificity of security concerns deeply shape FTA policy. Geopolitical Economy also looks at Korean FTAs through the lens of development strategy. South Korea is singularly successful in garnering FTAs with all three players in the global economy: the United States, the European Union, and China. This unprecedented success was built on a strong commitment from three consecutive Korean presidential administrations, each operating within a favorable state-society context that enjoyed the existence of a centralized and effective trade bureaucracy.
Author: Korea Institute for International Economic Policy (South Korea)
Publisher: 길잡이미디어
ISBN: 8932201080
Category : Korea (North)
Languages : en
Pages : 91
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Book Description
Preface Ⅰ.A Study to Analyze CostBenefits of the Reunification of Korean Peninsula to the United States (Marcus Noland) 1. Unification Scenarios and Interests of the United States 2. General Equilibrium Calibration of Unification 3. Implications for the United States from the Gravity Model 4. Policy Issues Ⅱ.A Study to Analyze CostBenefits of the Reunification of Korean Peninsula to China (Jin Jingyi et al.) 1. Introduction 2. Ideal Condition of the Korean Peninsula within China’s Development Strategy in Northeast Asia 3. Unification of the Korean Peninsula and Economic Benefits for China 4. Unification of the Korean Peninsula and Security Benefits for China 5. Sino-Korean Cooperation Strategies for Korean Unification 6. Conclusion Ⅲ.A Study to Analyze CostBenefits of the Reunification of Korean Peninsula to Japan (Kyoji Fukao et al.) 1. Introduction 2. Scenarios of Economic Development after Unification 3. Increase in GDP and Employment in Japan and Other Major Economies 4. A ‘Super Korea’ as Japan’s Rival in the East Asian Division of Labor 5. Financing North Korea’s Infrastructure 6. Role of Japanese Private Firms in Supporting the Infrastructure Projects Ⅳ.A Study to Analyze CostBenefits of the Reunification of Korean Peninsula to the Russian Federation (Alexander Zhebin et al.) 1. Factors Determining Russia’s Korean Policy 2. Major Shortcomings of the Existing Reunification Scenarios 3. Cost-Benefits of 5 Unification Scenarios 4. Suggestions for South Korea’s Unification Policy Ⅴ. The Effects of Economic Integration between South and North Korea(Sung Hankyoung) 1. Introduction 2. Changes due to Economic Integration 3. Model and Scenario 4. Analysis of Results by Scenario 5. Comparative Analysis of Scenario Results 6. Policy Implications Ⅵ.Gradual Economic Integration between South and North Korea and Economic Cooperation in Northeast Asia (Kang Moonsung et al.) 1. Introduction 2. Fundamental Directions for Achieving Economic Integration of North andSouth Korea 3. North and South Korean Economic Integration and Effects on NortheastAsian Division of Labor 4. North and South Korean Economic Integration and Northeast AsianEconomic Cooperation 5. Gradual Achievement of South and North Korean Economic Integration Ⅶ.Analysis on Diplomatic and Security Benefits of Unification and Strategies for Unification (Chun Chae-sung et al.) 1. Introduction 2. International Politics in the Current East Asian Region 3. Position on the Unification in the Korean Peninsula of Countries US, China,Japan and Russia 4. Unification Diplomacy Strategies for the Unified Korean Peninsula vis-à-visNeighboring Countries Those of us living in the contemporary times have a common mission to achieve unification in the Korean peninsula for the joint progress of South and North Korea based on the support of the international society and Northeast Asian cooperation. Korean unification is also an historical imperative for the Koreans who have been one nation and one people for a long time. Therefore it is necessary to present to the government strategies and policy alternatives through in-depth research on ‘when’ and ‘how’ unification would be achieved, and ‘what’ kinds of impact it would have, rather than ‘if’ it will happen. In this respect, this book is a summary of 7 studies conducted under the ‘Research Project on the Unified Korea and Northeast Asian Economic Cooperation’. Its main contents include analyses on the costs and benefits of the unification of Korea in the perspective of its four neighboring countries—US, China, Japan, and Russia; effects of inter-Korean economic integration in Korea’s perspective, and analysis of diplomatic/security benefits of unification. The world is now more interconnected than ever, and Korean unification will invariably impact its neighbors. In this regard, the cost-benefit analyses of the four countries are quite meaningful in that 12 overseas Korea specialists analyze the benefits of Korean unification and provide policy suggestions to maximize these benefits from the perspective of their own respective countries. In addition, the three research projects conducted by 11 domestic experts which provide advice on the effects of economic integration along with strategies for Northeast Asian cooperation based on their analysis on inter-Korean economic integration and diplomatic/security benefits of unification are also extremely valuable. The research projects conducted by researchers from 4 major countries present four unification scenarios-status-quo, North Korea’s reform and opening-up, absorption of the North by South Korea, and peaceful unification. In the case of peaceful unification, which is preferable to all parties involved, the US, China, Japan, and Russia will all witness an increase of $7.6 to 48.5 billion in their GDPs, and creation of 210,000 to 5,640,000 new jobs, resulting in positive ripple impacts for all 4 countries. According to the analyses, China will be the biggest benefactor of Korean unification, the US and Japan will reap similar benefits, and Russia will benefit the least. In the event of Korean unification, China’s three northeast provinces will become a vibrant logistics center and hub for the Eurasian Continent and the Pacific region. According to the study by Japanese researchers, a ‘Super Korea’ will emerge after Korean unification, rivaling Japan. The russian researchers analyzed that if energy exports increases; and the Siberian railway and gas pipeline were connected all the way to the Korean peninsula as a result of unification, it will lead to an economic boom in the Far East. Domestic researchers show that unification will bring changes in factors of production, market expansion, decrease in military spending, and improvement in international credit rating. According to their various unification scenarios, North and South Korea’s GDP growth rates will increase 16%p and 1%p respectively between 2016 and 2030. In the early stages of unification, independent currencies should be used but One Korea Indexed Unit of Account (OKU) must also be introduced; and in order to make use of North Korea’s human resources, disparity of wages between South and North Korea is unavoidable. They also analyze that a unified Korea will contribute to the resolution of the security dilemma in Northeast Asia by buffering the competition for economic and military hegemony between major powers such as the US vis-a-vis China and China vis-a-vis Japan, facilitating cooperation. Also, North Korea’s denuclearization alone will, in and of itself, significantly benefit neighboring countries. Those of us living in the contemporary times have a common mission to achieve unification in the Korean peninsula for the joint progress of South and North Korea based on the support of the international society and Northeast Asian cooperation. Korean unification is also an historical imperative for the Koreans who have been one nation and one people for a long time. Therefore it is necessary to present to the government strategies and policy alternatives through in-depth research on ‘when’ and ‘how’ unification would be achieved, and ‘what’ kinds of impact it would have, rather than ‘if’ it will happen. In this respect, this book is a summary of 7 studies conducted under the ‘Research Project on the Unified Korea and Northeast Asian Economic Cooperation’. Its main contents include analyses on the costs and benefits of the unification of Korea in the perspective of its four neighboring countries—US, China, Japan, and Russia; effects of inter-Korean economic integration in Korea’s perspective, and analysis of diplomatic/security benefits of unification. The world is now more interconnected than ever, and Korean unification will invariably impact its neighbors. In this regard, the cost-benefit analyses of the four countries are quite meaningful in that 12 overseas Korea specialists analyze the benefits of Korean unification and provide policy suggestions to maximize these benefits from the perspective of their own respective countries. In addition, the three research projects conducted by 11 domestic experts which provide advice on the effects of economic integration along with strategies for Northeast Asian cooperation based on their analysis on inter-Korean economic integration and diplomatic/security benefits of unification are also extremely valuable. The research projects conducted by researchers from 4 major countries present four unification scenarios-status-quo, North Korea’s reform and opening-up, absorption of the North by South Korea, and peaceful unification. In the case of peaceful unification, which is preferable to all parties involved, the US, China, Japan, and Russia will all witness an increase of $7.6 to 48.5 billion in their GDPs, and creation of 210,000 to 5,640,000 new jobs, resulting in positive ripple impacts for all 4 countries. According to the analyses, China will be the biggest benefactor of Korean unification, the US and Japan will reap similar benefits, and Russia will benefit the least. In the event of Korean unification, China’s three northeast provinces will become a vibrant logistics center and hub for the Eurasian Continent and the Pacific region. According to the study by Japanese researchers, a ‘Super Korea’ will emerge after Korean unification, rivaling Japan. The russian researchers analyzed that if energy exports increases; and the Siberian railway and gas pipeline were connected all the way to the Korean peninsula as a result of unification, it will lead to an economic boom in the Far East. Domestic researchers show that unification will bring changes in factors of production, market expansion, decrease in military spending, and improvement in international credit rating. According to their various unification scenarios, North and South Korea’s GDP growth rates will increase 16%p and 1%p respectively between 2016 and 2030. In the early stages of unification, independent currencies should be used but One Korea Indexed Unit of Account (OKU) must also be introduced; and in order to make use of North Korea’s human resources, disparity of wages between South and North Korea is unavoidable. They also analyze that a unified Korea will contribute to the resolution of the security dilemma in Northeast Asia by buffering the competition for economic and military hegemony between major powers such as the US vis-a-vis China and China vis-a-vis Japan, facilitating cooperation. Also, North Korea’s denuclearization alone will, in and of itself, significantly benefit neighboring countries.
Author:
Publisher:
ISBN:
Category : Korea
Languages : en
Pages : 248
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Book Description
Author: Charles L. Pritchard
Publisher: Council on Foreign Relations
ISBN: 0876094892
Category : Political Science
Languages : en
Pages : 103
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Book Description
This Task Force report comprehensively reviews the situation on the peninsula as well as the options for U.S. policy. It provides a valuable ranking of U.S. interests, and calls for a firm commitment from the Obama administration to seek denuclearization of the Korean peninsula, backed by a combination of sanctions, incentives, and sustained political pressure, in addition to increased efforts to contain proliferation. It notes that China's participation in this effort is vital. Indeed, the report makes clear that any hope of North Korea's dismantling its nuclear program rests on China's willingness to take a strong stance. For denuclearization to proceed, China must acknowledge that the long-term hazard of a nuclear Korea is more perilous to it and the region than the short-term risk of instability. The report also recognizes that robust relations between Washington and its allies in the region, Japan and South Korea, must underpin any efforts to deal with the North Korean problem. It looks as well at regime change and scenarios that could lead to reunification of the peninsula. At the same time that the Task Force emphasizes the danger and urgency of North Korea's behavior, it recognizes and applauds the beneficial U.S. relationship with South Korea, which has proved to be a valuable economic and strategic partner. In this vein, the Task Force advocates continued close coordination with Seoul and urges prompt congressional passage of the U.S.-South Korea free trade agreement.
Author: Tae-Hwan Kwak
Publisher: Routledge
ISBN: 1351145061
Category : Political Science
Languages : en
Pages : 217
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Book Description
In the post-Cold War era, US relations with the two Korean states - the Republic of Korea (ROK) and the Democratic People's Republic of Korea (DPRK) - have been undergoing profound changes, with critical and immediate repercussions for peace and security in the Korean Peninsula and Northeast Asia. This volume examines the key political, security and economic aspects of US-ROK and US-DPRK relations, focusing on the current status, salient issues and future prospects. Drs Kwak and Joo are distinguished professionals in the field and their volume constitutes a very interesting addition to the available literature.
Author: In-bŏm Chʻoe
Publisher: Peterson Institute
ISBN: 9780881323115
Category : Business & Economics
Languages : en
Pages : 156
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Book Description
This study examines the economic and political benefits of the U.S. pursuing Free Trade Agreement negotiations with Korea, which is pursuing FTA accords as part of a strategy to restructure its economy and sustain the recovery from its 1997-98 economic crisis. The authors examine the impact of a prospective pact on other trading partners, on the Asia-Pacific Economic Cooperation, and on the multilateral trading system.
Author: Inkyo Cheong
Publisher: 대외경제정책연구원
ISBN:
Category : Chile
Languages : en
Pages : 66
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Book Description
