Download or read book Economic Effect of Regulatory Reforms in Korea written by Chŏng-uk Kim (Researcher in economic law) and published by . This book was released on 2016 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Effect of Regulatory Reforms in Korea written by Jungwook Kim and published by . This book was released on 2017 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper adapts the World Bank Regulatory Quality Index (RQI) which is produced annually to have better understandings on effects of regulatory reforms, instead of the Production Market Regulation (PMR) indicators published every 5 years. Firstly, this analysis indicates that GDP per capita will be raised by 17~29.8% when the index increases by one unit. Secondly, we find that 9.9 to 32.2 billion USD worth of regulatory cost could be reduced, if the regulatory quality in Korea improves to the level of the OECD average considering that the total burden of regulation in Korea is estimated 2.2 to 354.7 billion USD. The estimate of regulatory cost reduction takes roughly 0.76 to 2.47% of Korea's GDP in 2013, underscoring the importance of regulatory reforms for the Korean economy.

Download or read book Economic Effects of Regulatory Reform in Korea written by Jungwook Kim and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper adapts the World Bank Regulatory Quality Index (RQI), which is produced annually to provide a better understanding of the effects of regulatory reforms, instead of the Production Market Regulation (PMR) indicators, which are published every five years. We find that 9.9 to 36.0 billion USD worth of regulatory cost could be reduced if the regulatory quality in Korea improves to the level of the OECD average considering that the total burden of regulation in Korea is estimated to range from 2.2 to 357.4 billion USD. The estimated reduction in the regulatory cost accounts for roughly 0.76 to 2.47% of Korea' s GDP in 2013, underscoring the importance of regulatory reforms for the Korean economy. This paper introduces a new method with which to examine the distribution of regulatory costs across different industries and firm sizes. This alternative method is largely consistent with the conclusions reached by other studies, specifically that small firms typically bear a disproportionate regulatory burden.

Download or read book Regulatory Policy in Korea written by Organization for Economic Cooperation and Development and published by Organization for Economic Co-Operation & Development. This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulatory reform has been a top priority in Korea for several successive administrations. Maintaining momentum for reform in Korea will be essential for producing tangible results and supporting inclusive growth, productivity and innovation. The Regulatory Reform Review of Korea provides key insights into a mature regulatory system and follows two previous Regulatory Reform Reviews of Korea completed in 2000 and 2007. It identifies a number of areas where improvements could help Korea reap the full benefits of the reforms introduced so far. It stresses the need for a clear strategy for regulatory policy in order to make better use of the resources deployed.

Download or read book OECD Reviews of Regulatory Reform Regulatory Policy in Korea Towards Better Regulation written by OECD and published by OECD Publishing. This book was released on 2017-05-23 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulatory reform has been a top priority in Korea for several successive administrations. This review identifies a number of areas where improvements could help Korea reap the full benefits of the reforms introduced so far.

Download or read book OECD Reviews of Regulatory Reform Korea 2007 Progress in Implementing Regulatory Reform written by OECD and published by OECD Publishing. This book was released on 2007-03-19 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication assesses Korea's progress in regulatory reform since 2000 and analyses many of the lessons of implementation of regulatory reform. It also highlights possible responses to current challenges.

Download or read book OECD Reviews of Regulatory Reform Regulatory Reform in Korea 2000 written by OECD and published by OECD Publishing. This book was released on 2000-06-02 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Review presents an integrated assessment of regulatory reform in framework areas such as the quality of the public sector, competition policy and enforcement, and market openness in Korea.

Download or read book Policy Conflict in Korea written by Song Ho Lee and published by . This book was released on 1992 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Regulatory Reform in Korea written by Organisation for Economic Co-operation and Development and published by OECD Publishing. This book was released on 2000 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Review presents an integrated assessment of regulatory reform in framework areas such as the quality of the public sector, competition policy and enforcement, and market openness in Korea.

Download or read book The Korean Economy in Transition written by Chung-in Moon and published by . This book was released on 1988 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Korean Financial Crisis of 1997 A Strategy of Financial Sector Reform written by Mr.Angel J. Ubide and published by International Monetary Fund. This book was released on 1999-03-01 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: After years of strong performance, Korea’s economy entered a crisis in 1997, owing largely to structural problems in its financial and corporate sectors. These problems emerged in the second half of that year, when the capital inflows that had helped finance Korea’s growth were reversed, as foreign investors—reeling from losses in other Southeast Asian economies—decided to reduce their exposure to Korea. This paper focuses on the sources of the crisis that originated in the financial sector, the measures taken to deal with it, and the evolution of key banking and financial variables in its aftermath.

Download or read book Korea s Banking Law Reform Post Asian Crisis written by Byung-Tae Kim and published by Springer. This book was released on 2002-12-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ever since Korea succumbed to the East Asian economic crisis in 1997, its financial sector has been restructuring itself in accordance with the terms of an IMF bail-out package, in addition to meeting urgent domestic banking needs. All this is taking place in the context of an international convergence of supervisory standards in the banking industry, spearheaded by the General Agreement on Trade in Services (GATS) and the "Core Principles" of the Basel Committee for Bank Supervision. This nexus of events makes the current reform of Korean banking laws of special significance as an example and a test of the "new international financial architecture" as it can be observed at work in a developing industrial economy. This book is the first in-depth analysis of Korea's banking law reform program, its complex sources, its particular rules, the effect of international commitments as well as "soft law", the extent of economic recovery to date, and the trends and developments in banking practice and regulation likely to occur in the near future. In the process the author examines such pervasive issues as the following: the need for both short-term and long-term banking sector infrastructures and the tension this creates the clear necessity to satisfy deep-seated societal predispositions the role of foreign banks ensuring the transparency of bank management the role of banking regulatory institutions and the importance of domestic financial stability in the global free market system By revealing the implications for Korea of the international banking and financial standards and principles that are coming into effect throughout the trading world, Korea's Banking Law Reform lays bare the underpinnings of a domestic financial system geared to work efficiently in international financial markets, yet designed to protect its own "safety and soundness." This is a book to be read and studied by all professionals working in the financial sector, whether bankers, regulators, advisors, or investors.

Download or read book Regulatory Reform written by Russell W. Pittman and published by . This book was released on 2003 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Study on the U S and South Korea s Financial Regulatory Systems with a Focus on the Reforms After the Crisis written by Jeongdoo Lee and published by . This book was released on 2010 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.

Download or read book Regulatory Policy and Governance Supporting Economic Growth and Serving the Public Interest written by OECD and published by OECD Publishing. This book was released on 2011-10-25 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report encourages governments to “think big” about the relevance of regulatory policy and assesses the recent efforts of OECD countries to develop and deepen regulatory policy and governance.

Download or read book OECD Economic Surveys Korea 2018 written by OECD and published by OECD Publishing. This book was released on 2018-06-20 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth picked up in 2017, but reforms are needed to sustain Korea's convergence toward the income levels in the most advanced countries. Its labour productivity is 46% below the top half of OECD countries, reflecting problems in the service sector. In addition, productivity in small ...