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Korea’s Economy Volume 28

Publication: November 2012

Korea's Economy 2012 - Full Edition PDF

In 2011, the Republic of Korea became one of only a handful of nations to pass the $1 threshold in total trade as Korean trade continued to expand an impressive rate despite continued troubles in the global economy. This year’s edition looks at a series of key international issues facing…

Part I - Overview and Macroeconomic Issues

Contents of this Section: Korea’s Economic Prospects and Challenges Thomas Rumbaugh – Division Chief for the Asia and Pacific Department of the International Monetary Fund The Political Economy of South Korea Under the New International Order Pyo Hak-kil – Professor of Economics and Director of the Center for National Competitiveness,…

Part II - The Future of Korean Trade Policy

Contents of this Section: Korea’s Trade Structure and its Policy Challenges Lee Junkyu – Senior International Economic Adviser, Ministry of Strategy and Finance, Republic of Korea Impacts and Main Issues of the Korea-China FTA Choi Nakgyoon – Senior Research Fellow at the Korea Institute for International Economic Policy Korea: Beyond…

Part III - Korea's Role in Economic Development

Contents of this Section: The Secret Success of U.S. Aid to South Korea Andrew S. Natsios – Executive Professor at the George H.W. Bush School of Government and Public Service at Texas A and M University. Aid by Korea: Progress and Challenges Lee Kye Woo – Chair Professor of the…

Part IV - Korea's Role in Asian Integration

Contents of this Section Financial Integration in Asia: Development and Korea’s Role Park Young-Joon – Assistant Professor of Economics, College of Social Sciences at Ajou University Korea and Economic Integration in East Asia – The Way Forward Fran├žoise Nicolas – Director of the Ifri Center for Asian Studies (Paris) and…

Part V - Prospects for North Korean Economic Reform

Contents of this Section The Sunshine Policy is Not, and was Not, a Failed Policy Moon Chung-in – Professor in the Department of Political Science at Yonsei University The Current State of the North Korean Economy Marcus Noland – Deputy Director and Senior Fellow of the Peterson Institute for International…