International Conference Commemorating the 3rd Visit of CES to Korea

(中國留美經濟學會 第3次 訪韓記念 國際學術大會)

◈ Conference Theme: Globalization and Regionalism of the Northeast Asian Economies (東北亞經濟의 世界化와 地域主義)

◈ Conference Hosts:

Northeast Asian Economic Association of Korea (NEAK, 東北亞經濟學會)

Korea Institute for International Economic Policy (KIEP, 對外經濟政策硏究院)

Chinese Economists Society (CES, 中國留美經濟學會)

◈ Conference Sponsors:

Maeil Business Newspaper (每日經濟新聞)

Presidential Committee on Northeast Asian Cooperation Initiative (東北亞時代委員會)

The Asia Research Fund (亞細亞硏究基金)

◈ Conference Place: Millenium Seoul Hilton Hotel, Grand Ballroom (B1)

◈ Conference Date: July 5, 2004.

◈ 문의처: KIEP 동북아경제협력센터 김혁황 연구원

(Tel: 3460-1135, Fax: 3460-1212, e-mail: hhkim@kiep.go.kr)

◈ 세미나는 영어로 진행되며 별도의 참가비는 없습니다.

◈ 참석을 원하시는 분은 7월 3일(토) 까지 팩스나 이메일로 연락주시기 바랍니다.

Letter of Invitation • • • • • • • •

Northeast Asia has been a center of culture and civilization since the beginning of history, until it was overwhelmed by the scientifically and technologically superior West, ultimately accepting a large part its of institutions and ideas.  Starting in the latter half of the 20th century, Northeast Asia has changed through imitation and creation into a region showing vibrant change and progress in the areas of economics, politics, society and culture.  In the 21st century, it again stands at the center of global change. Northeast Asia’s Korea, China, and Japan, together with Europe and America, have become the three axes of world leadership.

Geographically, apart from these producer and consumer markets of Korea, China, and Japan, the natural resources market of Siberia-Russian Far East exists in Northeast Asia.  This is a region possessing the rare combination of all necessary factors for development.  Why Northeast Asia?  The immediate reason Northeast Asia is once again receiving the spotlight is the rapid economic development of China.  It is especially timely that we are co-hosting with the Korea Institute for International Economic Policy and the Chinese Economists Society this international conference to assess the current economic situation of FTAs in Northeast Asia and the region’s response to globalization, under the theme of Globalization and Regionalism of the Northeast Asian Economies, to celebrate the third visit to Korea of the Chinese Economists Society in America.

Your attendance and participation at the conference will be greatly appreciated.  In concluding, I would like to say a word of thanks to the Maeil Business Newspaper, the Presidential Committee on Northeast Asian Business Hub, and The Asia Research Fund for their assistance in making this conference possible.  Thank you very much.

July 2004

Professor Kap-Young Jeong, President

Northeast Asian Economic Association of Korea

Dr. Choong-Yong Ahn , President

Korea Institute for International Economic Policy

Professor Shunfeng Song, President

Chinese Economists Society

Conference Program • • • • • • •

9:00 ~ 9:30 am: Registration

9:30 ~ 10:00 am: Opening Remarks

∙Professor Kap-Young Jeong of Yonsei University,

President of NEAK

∙Dr. Choong-Yong Ahn, President of KIEP

∙Professor Shunfeng Song of University of Nevada-Reno, President of the CES

10:00 a.m. ~ Noon:

Session I: Trade and FTA in Northeast Asia

Chairperson: Dr. Choong-Yong Ahn (President, KIEP)

Paper Presenters:

Wang, Yanling (Carleton University), “Trade Related Technology Diffusion and Productivity Gains in Korea: Implications for a Free Trade Agreement with Japan”.

Nam, Sang-Yirl (KIEP), “Trade Structure and Trade Potential in Northeast Asia”.

Lu, Ding (National University of Singapore), “Impact of China’s Rise as a Manufacturing Hub on Its Neighboring Economies: Some Evidence from the Electrical and Electronic Industry”.

Baker, Samuel (TNR), “Secular Trends Drive Regional Growth and Investment Opportunities”.

Discussants:

Oh, Yong-Suk (Kyungsung University)

Lin, Songhua (Denison University)

Hwang, Eui-Gak (Korea University)

Lee, Keun (Seoul National University)

Noon ~ 2:00 p.m.

Keynote Speech and Lunch hosted by the Presidential Committee on Northeast Asian Business Hub (Chairman: Chung-In Moon)

2:00 ~ 3:45 p.m.

Session II: Investment and FDI in China

Chairperson: Doowon Lee (Yonsei University)

Paper Presenters:

Xing, Yuqing (University of Japan), “Why is China so Attractive for FDI? The Role of Exchange Rates”.

Shim, Ui Sup (Myungji University) and Yong Zhe Li (Yanbian University), “The Prospects and Characteristics of Korean Investment in Bohai Basin in China”.

Zhang, Jun (Fudan University), “Investment, Investment Efficiency and Economic Growth in China ”.

Discussants:

Kim, Iksu (Korea University)

Xu, Yingfeng (University of Alberta)

Lee, Chang-Soo (KIEP)

3:45 ~ 4:00 p.m. Coffee Break

4:00 ~ 5:45 p.m.

Session III: Issues in International Finance and Globalization

Chairperson: Shunfeng Song (University of Nevada)

Paper Presenters:

Park, Jung Dong (University of Incheon), “Chinese Perspective of Globalization”.

Chang, Gene Hsin (University of Toledo), “Valuation of the Chinese Currency and Its Relevance to the Rest of the World”.

Xu, Yingfeng (University of Alberta), “China Can Afford a Bit of Inflation”.

Discussants:

Tong, Sarah (National University of Singapore)

Yang, Dooyong (KIEP)

Kim, Jin-Guk (Konyang University)

Tel (02) 753-7788

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