Publications » Korea's Economy Vol. 23

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The Democratic People’s Republic of Korea (henceforth North Korea) certainly seems to like being different from other countries. Whereas governments of virtually all the world’s countries...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Edward M. Graham
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Worldwide interest has been focusing on the Korean peninsula recently. The security situation on the Korean peninsula, which went from bad to worse after the North Korean nuclear test in October 2006...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Jeong Hyung-gon
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The United States and Korea finished the eighth round of negotiations for a bilateral free trade agreement (FTA) in mid-March 2007, and the agreement is likely to be concluded eventually.1 If the FTA...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Cheong Inkyo
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The U.S.-ROK bilateral economic relationship entered a new era 1 April 2007 when President George W. Bush notified the U.S. Congress of his intent to enter into a free trade agreement (FTA) with the...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Jordan Heiber
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Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were initiated...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Ahn Chong-ghee
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Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of capital and...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Randall Jones
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The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Kim Sung-teak
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The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Lee Ho-jin
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Along with commercial banks, capital markets are an integral part of the financial systems in most capitalist economies, and their relative importance is constantly increasing. Countries around the...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Cho Sung-hoon
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Central banks have two responsibilities: (1) stabilize the value of the currency and (2) maintain public confidence in deposit money by limiting systemic risk. The first responsibility is primary,...
Wednesday, May 25, 2011 - 3:55pm
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Although Korea has seen its economic growth rates come down from the stratospheric heights of previous decades, it remains, by any advanced-country yardstick, a successful economic performer. Korea...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Jerald Schiff
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