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Working Papers

RESEARCH

  • Regional Economic Cooperation Bodies in the Asia-Pacific : Working Mechanism and..
    Regional Economic Cooperation Bodies in the Asia-Pacific : Working Mechanism and Linkages

    This paper will investigate whether or not the present mechanisms for Asia-Pacific economic cooperation are appropriate. In particular, it examines the channels of consultations, official and private, on matters of economic cooper..

    Chung soo Kim Date 1990.08.01

    Economic Cooperation
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    Introduction

    I. Initiatives of Asia-Pacific Economic Cooperation
    1. The APEC Initiatives : the Initial Stage
    2. Institutions for Asia-Pacific Economic Cooperation

    II. The APEC Mechanism : the APEC Ministerial-level Meeting(APEC-M)
    1. Economic Background of the APEC Mechanism
    2. Needs of an Inter-Governmental Mechanism for APEC
    3. The Australian Initiatives
    4. The First Ministerial-level Meeting on Asia-Pacific Economic Cooperation(APEC)
    5. The APEC Mechanism

    III. Enhancement of the APEC Mechanism
    1. New External Challenges
    2. Institutional Reinforcements

    IV. Summary and Conclusions

    References
    Summary
    This paper will investigate whether or not the present mechanisms for Asia-Pacific economic cooperation are appropriate. In particular, it examines the channels of consultations, official and private, on matters of economic cooperation among Asia-Pacific countries, with a specific reference to the recent changes in the constellation of economic power structures and economic exchanges among countries, as well as the long-term structural characteristics of the Asia-Pacific economy.
  • Strategic Partnering Activity by European Firms through the Esprit Programme
    Strategic Partnering Activity by European Firms through the Esprit Programme

    Strategic partnerships in research and development (R&D) are a new form of international relationship distinguishable from more traditional forms of joint ventures and licensing arrangements by three main characteristics. Firs..

    Lynn Krieger Mytelka Date 1990.08.01

    Economic Development
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    1. THE INTERNATIONALIZATION OF R&D

    2. THE EMERGENCE OF STRATEGIC PARTNERSHIP IN R & D

    3. NEW COMPETITIVE STRATEGIES

    4. THE EUROPEAN ESPRIT PROGRAMME : AN ILLUSTRATION

    5. NETWORKING THROUGH ESPRIT

    6. CONCLUSION

    SELECTED REFERENCES
    Summary
    Strategic partnerships in research and development (R&D) are a new form of international relationship distinguishable from more traditional forms of joint ventures and licensing arrangements by three main characteristics. First, they are focused on joint knowledge production and sharing as opposed to a one-way transfer of technology-where knowledge is understood to include research and development, as well as design, engineering, marketing and management capabilities. Second, they are frequently contractual in nature with little or no equity involvement by the participants. Third, they tend to be part of the longer term planning activity of the firm rather than simply an opportunistic response to short-term financial gain.
    After briefly tracing the extent to which R&D has become both more collaborative and more internationalized, the paper offers an explanation for this process and an illustration of strategic partnering activity in the context of the European Strategic Programme for Research and Development on Information Technology (ESPRIT). Lastly, it draws out some of the implications of this new form of international competition for the newly industrialized economies (NIEs).
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  • 한국경제의 자유화 현황과 OECD 가입전략
    Liberalization of the Korean Economy and Prospects of Becoming an OECD Member

    Korea, as a member of the OECD, will have to participate in various OECD committees and work programs related to corporate governance. By doing so, Korea will help reform Korea's corporate governance structure and strengthen inter..

    Tae-Joon Kim Date 1990.06.01

    Economic Opening
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    Korea, as a member of the OECD, will have to participate in various OECD committees and work programs related to corporate governance. By doing so, Korea will help reform Korea's corporate governance structure and strengthen international competitiveness of Korean companies.

    This paper is organized as follows. Section II explains the characteristics, objectives, activities and obligatory duties as a member country of OECD. Section III introduces Japan's entry to the OECD. Section IV examines the current liberalization in trade, foreign exchange rate, current invisible operations and capital movement liberalization of the Korean economy and analyzes the additional items for the liberalization by comparing OECD rules. Section V investigates a degree of the maturity in the Korean economy and condition precedents for OECD entry, its advantages and disadvantages, and discusses the strategy for OECD entry. Finally, Section VI contains a summary and conclusion.
  • 韓國과 社會主義國의 關係發展과 南北韓 關係 變化의 展望
    Development of Relations between Korea and Socialist Countries and Prospects for South-North Korean Relations

    This book is a compilation of the papers and comments from the 'Seminar on Development of Relations between Korea and Socialist Countries and Prospects for South-North Korean Relations' organized by the Korea Institute for Interna..

    Yong-Suk Oh ed. Date 1990.06.01

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    This book is a compilation of the papers and comments from the 'Seminar on Development of Relations between Korea and Socialist Countries and Prospects for South-North Korean Relations' organized by the Korea Institute for International Economic Policy.
    Socialist countries have recently undergone a sudden change in political, economic and social reform due to the spread of Gorbachev's perestroika policy. This is expected to affect Korea's diplomatic policy toward socialist countries including the Soviet Union, China, East European countries and North Korea. This seminar provided perspectives for development of relations between Korea and Socialist countries and suggested perspectives of economic and social integration after German unification.
  • 환율제도와 외환위기관리
    The Exchange Rate System and the Management of Exchange Risk

    This paper explains the background and recent history of the exchange rate system in Korea and discusses the policy implications for its management of exchange risk.This paper is organized as follows. Section II examines the chara..

    Chong-Man Kim Date 1990.05.01

    Financial Crisis, Exchange Rate
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    This paper explains the background and recent history of the exchange rate system in Korea and discusses the policy implications for its management of exchange risk.
    This paper is organized as follows. Section II examines the characteristics of the exchange rate system, focusing on the international balance of payments and the management of currency. Section III analyzes the exchange rate fluctuations under different systems using statistical analysis, time series analysis and correlation analysis. Section IV estimates how an observational error of the exchange rate fluctuations according to the change of their system has affected corporate decision-making processes. Section V reveals how corporations have taken some measures to avoid exchange rate risk. In addition, it finds some points to be further improved for the Korean government's exchange rate system and suggests institutional devices for the management of exchange risk. Summary and policy implications are provided in Section VI.
  • 우루과이 라운드 지적재산권 협상과제와 우리의 대응방안
    UR/Intellectual Property Rights Negotiations: Issues and Respones

    This paper focuses on establishing countermeasures for intellectual property rights negotiations in preparation for the conclusion of the Uruguay Round Agreement. To do so, this paper reviews the concept of IPR (part II) and exami..

    Chan-Hyun Sohn Date 1990.05.01

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    This paper focuses on establishing countermeasures for intellectual property rights negotiations in preparation for the conclusion of the Uruguay Round Agreement. To do so, this paper reviews the concept of IPR (part II) and examines the adoption background of the GATT agenda (part III). It summarizes the outstanding issues by group, sector and country of the Uruguay Round of the GATT (part IV).
    Based on this, this paper analyzes the economic meaning of protecting IPR and negotiable strategy of selected countries (part V). Finally, this paper makes some policy recommendations for Korea to take as countermeasures for IPR.

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