Publications » Korea's Economy Vol. 24

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The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected in all the major...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Karim Pakravan
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This past year—2007—was another solid one for Korea’s economy. Buoyed by continued strong exports and a pickup in domestic demand, real GDP is estimated to have grown by nearly 5...
Wednesday, May 25, 2011 - 3:55pm
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On 30 June 2007, United States Trade Representative Susan C. Schwab and Republic of Korea Trade Minister Kim Hyun-chong signed the United States-Korea Free Trade Agreement (KORUS FTA), an...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Jordan Heiber
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The year 2007 demonstrated more clearly than ever that external economic engagement provides a chance to help convince North Korea to abandon isolation and take specific actions toward...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Mika Marumoto
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As the first decade of the twenty-first century nears an end, distinct patterns are emerging in the global trading system. The Doha Development Round remains stalled and has begun to raise questions...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Troy Stangarone
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Korea’s regulatory environment is often cited as being one of the most difficult aspects of doing business in Korea. Among the various regulations that foreign invested companies and foreign...
Wednesday, May 25, 2011 - 3:55pm
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After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half the...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Kim Dong-hwan
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During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl...
Wednesday, May 25, 2011 - 3:55pm
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Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets...
Wednesday, May 25, 2011 - 3:55pm
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Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial...
Wednesday, May 25, 2011 - 3:55pm
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This article investigates the progress in corporate governance reform in Korea since 1997 as well as current corporate governance challenges. It focuses on corporate governance issues and, as such,...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Stijn Claessens
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The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Han Dongman
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According to a preliminary estimate by the Bank of Korea on 4 January 2008, Korea’s per capita gross domestic product (GDP) and per capita gross national income (GNI), which adjusts GDP for...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Pyo Hak-kil
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Recent developments on the Korean peninsula are raising expectations that the DPRK may finally be ready for a new era of political rapprochement and economic opening. This possibility is reflected...
Wednesday, May 25, 2011 - 3:55pm
Author(s): Bradley O. Babson
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