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Book Korea   s FTA Strategy and the Korean Peninsula

Download or read book Korea s FTA Strategy and the Korean Peninsula written by Korea Institute for National Unification (South Korea) and published by 길잡이미디어. This book was released on 2014-10-01 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Free Trade Agreements (FTA) have played a leading role in the liberalization of the international economic order. It has assisted the strengthening of international partnerships with economic interests combined with political motivation. After the Cold War, the United States seized the opportunity to rise as the world’s sole hegemonic power 1. Introduction 2. Background of the KORUS and ROK-China FTAs A. The United States and China’s FTA Strategies B. Strategic Impact of the KORUS and ROK-China FTAs 3. FTA and the Korean Peninsula A. Direction of South Korea’s FTA Strategy B. Political Situation in Northeast Asia and Direction for South Korea’s Future FTAs 4. Strategic Considerations

Book U S South Korea Relations

    Book Details:
  • Author : Mark E. Manyin
  • Publisher : DIANE Publishing
  • Release : 2011
  • ISBN : 1437944167
  • Pages : 33 pages

Download or read book U S South Korea Relations written by Mark E. Manyin and published by DIANE Publishing. This book was released on 2011 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report covers the background and current state of the relationship of the United States with the Republic of Korea (ROK, formerly South Korea), including economic and trade issues, North Korea, naval, and military events. It is a general overview of the current state of relations with South Korea.

Book Geopolitical Economy

Download or read book Geopolitical Economy written by Jonathan Krieckhaus and published by University of Michigan Press. This book was released on 2018-07-17 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Geopolitical Economy examines the significance and nature of free trade agreements (FTAs), the primary policy tool through which modern nations seek access to international markets and promote economic growth. The book focuses specifically on how South Korea, the world’s leader in the number and significance of FTAs as well as the world’s sixth largest export economy, uses FTAs. Jonathan Krieckhaus argues that geopolitics—the struggle between powerful nations over specific geographic regions around the globe—influenced FTA strategy and economic policy in South Korea and beyond. This perspective illustrates the security approach to FTAs, but adds that the geographic specificity of security concerns deeply shape FTA policy. Geopolitical Economy also looks at Korean FTAs through the lens of development strategy. South Korea is singularly successful in garnering FTAs with all three players in the global economy: the United States, the European Union, and China. This unprecedented success was built on a strong commitment from three consecutive Korean presidential administrations, each operating within a favorable state-society context that enjoyed the existence of a centralized and effective trade bureaucracy.

Book The United States South Korea FTA

Download or read book The United States South Korea FTA written by United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Terrorism, Nonproliferation, and Trade and published by . This book was released on 2007 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Regional and Urban Policy and Planning on the Korean Peninsula

Download or read book Regional and Urban Policy and Planning on the Korean Peninsula written by Harry Ward Richardson and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: The potential for reunification of the two Koreas, whether in the short or long term, argues for a comprehensive look at policy and planning issues that encompass the peninsula as a whole. This book deals with spatial policy issues in both South and North Korea in a broad and non-political way. Part one deals with South Korea, examining cultural changes, the capital city of Seoul, Greenbelt policy, the balanced national (regional) development strategy, and the new mega-regional approach. Part two delves into aspects of development in North Korea, such as the limitations of national statistics, the marketization of the economy, integration with the rest of North East Asia, and the need for a spatial infrastructure strategy. Part three examines the case for reunification in the interests of both the South and North. It argues that a transitional approach would be less costly and less risky than sudden reunification primarily via an early strategy of shifting more capital to the North and later by moderating migration flows to the South. The book also examines whether the capital should remain in Seoul or be relocated elsewhere should reunification occur. Professors, students and public policy officials in the fields of Asian studies, regional economics and planning, urban studies and political science and any reader interested in the future of Korea will find this book very current and enlightening.

Book U S  South Korea Relations

Download or read book U S South Korea Relations written by and published by . This book was released on 2010 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since late 2008, relations between the United States and South Korea (known officially as the Republic of Korea, or ROK) have been arguably at their best state in decades. By the middle of 2010, in the view of many in the Obama Administration, South Korea had emerged as the United States' closest ally in East Asia. Of all the issues on the bilateral agenda, Congress has the most direct role to play in the proposed Korea-U.S. Free Trade Agreement (KORUS FTA). Congressional approval is necessary for the agreement to go into effect. In early December 2010, the two sides announced they had agreed on modifications to the original agreement, which was signed in 2007. South Korea accepted a range of U.S. demands designed to help the U.S. auto industry and received some concessions in return. In the United States, the supplementary deal appears to have changed the minds of many groups and members of Congress who previously had opposed the FTA, which is now expected to be presented to the 112th Congress in 2011. If Congress approves the agreement, it would be the United States' second largest FTA, after the North American Free Trade Agreement (NAFTA). U.S.-South Korean coordination over policy towards North Korea has been particularly close. The Obama and Lee Administrations have adopted a medium-to-longer-term policy of "strategic patience" that involves three main elements: refusing to return to the Six-Party Talks without an assurance from North Korea that it would take "irreversible steps" to denuclearize; gradually attempting to alter China's strategic assessment of North Korea; and using Pyongyang's provocations as opportunities to tighten sanctions against North Korean entities.

Book Cost Benefit Analyses of Unification and Economic Integration Strategies of the Korean Peninsula

Download or read book Cost Benefit Analyses of Unification and Economic Integration Strategies of the Korean Peninsula written by Korea Institute for International Economic Policy (South Korea) and published by 길잡이미디어. This book was released on 2014-12-31 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: Preface Ⅰ.A Study to Analyze Cost­Benefits of the Reunification of Korean Peninsula to the United States (Marcus Noland) 1. Unification Scenarios and Interests of the United States 2. General Equilibrium Calibration of Unification 3. Implications for the United States from the Gravity Model 4. Policy Issues Ⅱ.A Study to Analyze Cost­Benefits of the Reunification of Korean Peninsula to China (Jin Jingyi et al.) 1. Introduction 2. Ideal Condition of the Korean Peninsula within China’s Development Strategy in Northeast Asia 3. Unification of the Korean Peninsula and Economic Benefits for China 4. Unification of the Korean Peninsula and Security Benefits for China 5. Sino-Korean Cooperation Strategies for Korean Unification 6. Conclusion Ⅲ.A Study to Analyze Cost­Benefits of the Reunification of Korean Peninsula to Japan (Kyoji Fukao et al.) 1. Introduction 2. Scenarios of Economic Development after Unification 3. Increase in GDP and Employment in Japan and Other Major Economies 4. A ‘Super Korea’ as Japan’s Rival in the East Asian Division of Labor 5. Financing North Korea’s Infrastructure 6. Role of Japanese Private Firms in Supporting the Infrastructure Projects Ⅳ.A Study to Analyze Cost­Benefits of the Reunification of Korean Peninsula to the Russian Federation (Alexander Zhebin et al.) 1. Factors Determining Russia’s Korean Policy 2. Major Shortcomings of the Existing Reunification Scenarios 3. Cost-Benefits of 5 Unification Scenarios 4. Suggestions for South Korea’s Unification Policy Ⅴ. The Effects of Economic Integration between South and North Korea(Sung Hankyoung) 1. Introduction 2. Changes due to Economic Integration 3. Model and Scenario 4. Analysis of Results by Scenario 5. Comparative Analysis of Scenario Results 6. Policy Implications Ⅵ.Gradual Economic Integration between South and North Korea and Economic Cooperation in Northeast Asia (Kang Moonsung et al.) 1. Introduction 2. Fundamental Directions for Achieving Economic Integration of North andSouth Korea 3. North and South Korean Economic Integration and Effects on NortheastAsian Division of Labor 4. North and South Korean Economic Integration and Northeast AsianEconomic Cooperation 5. Gradual Achievement of South and North Korean Economic Integration Ⅶ.Analysis on Diplomatic and Security Benefits of Unification and Strategies for Unification (Chun Chae-sung et al.) 1. Introduction 2. International Politics in the Current East Asian Region 3. Position on the Unification in the Korean Peninsula of Countries US, China,Japan and Russia 4. Unification Diplomacy Strategies for the Unified Korean Peninsula vis-à-visNeighboring Countries Those of us living in the contemporary times have a common mission to achieve unification in the Korean peninsula for the joint progress of South and North Korea based on the support of the international society and Northeast Asian cooperation. Korean unification is also an historical imperative for the Koreans who have been one nation and one people for a long time. Therefore it is necessary to present to the government strategies and policy alternatives through in-depth research on ‘when’ and ‘how’ unification would be achieved, and ‘what’ kinds of impact it would have, rather than ‘if’ it will happen. In this respect, this book is a summary of 7 studies conducted under the ‘Research Project on the Unified Korea and Northeast Asian Economic Cooperation’. Its main contents include analyses on the costs and benefits of the unification of Korea in the perspective of its four neighboring countries—US, China, Japan, and Russia; effects of inter-Korean economic integration in Korea’s perspective, and analysis of diplomatic/security benefits of unification. The world is now more interconnected than ever, and Korean unification will invariably impact its neighbors. In this regard, the cost-benefit analyses of the four countries are quite meaningful in that 12 overseas Korea specialists analyze the benefits of Korean unification and provide policy suggestions to maximize these benefits from the perspective of their own respective countries. In addition, the three research projects conducted by 11 domestic experts which provide advice on the effects of economic integration along with strategies for Northeast Asian cooperation based on their analysis on inter-Korean economic integration and diplomatic/security benefits of unification are also extremely valuable. The research projects conducted by researchers from 4 major countries present four unification scenarios-status-quo, North Korea’s reform and opening-up, absorption of the North by South Korea, and peaceful unification. In the case of peaceful unification, which is preferable to all parties involved, the US, China, Japan, and Russia will all witness an increase of $7.6 to 48.5 billion in their GDPs, and creation of 210,000 to 5,640,000 new jobs, resulting in positive ripple impacts for all 4 countries. According to the analyses, China will be the biggest benefactor of Korean unification, the US and Japan will reap similar benefits, and Russia will benefit the least. In the event of Korean unification, China’s three northeast provinces will become a vibrant logistics center and hub for the Eurasian Continent and the Pacific region. According to the study by Japanese researchers, a ‘Super Korea’ will emerge after Korean unification, rivaling Japan. The russian researchers analyzed that if energy exports increases; and the Siberian railway and gas pipeline were connected all the way to the Korean peninsula as a result of unification, it will lead to an economic boom in the Far East. Domestic researchers show that unification will bring changes in factors of production, market expansion, decrease in military spending, and improvement in international credit rating. According to their various unification scenarios, North and South Korea’s GDP growth rates will increase 16%p and 1%p respectively between 2016 and 2030. In the early stages of unification, independent currencies should be used but One Korea Indexed Unit of Account (OKU) must also be introduced; and in order to make use of North Korea’s human resources, disparity of wages between South and North Korea is unavoidable. They also analyze that a unified Korea will contribute to the resolution of the security dilemma in Northeast Asia by buffering the competition for economic and military hegemony between major powers such as the US vis-a-vis China and China vis-a-vis Japan, facilitating cooperation. Also, North Korea’s denuclearization alone will, in and of itself, significantly benefit neighboring countries. Those of us living in the contemporary times have a common mission to achieve unification in the Korean peninsula for the joint progress of South and North Korea based on the support of the international society and Northeast Asian cooperation. Korean unification is also an historical imperative for the Koreans who have been one nation and one people for a long time. Therefore it is necessary to present to the government strategies and policy alternatives through in-depth research on ‘when’ and ‘how’ unification would be achieved, and ‘what’ kinds of impact it would have, rather than ‘if’ it will happen. In this respect, this book is a summary of 7 studies conducted under the ‘Research Project on the Unified Korea and Northeast Asian Economic Cooperation’. Its main contents include analyses on the costs and benefits of the unification of Korea in the perspective of its four neighboring countries—US, China, Japan, and Russia; effects of inter-Korean economic integration in Korea’s perspective, and analysis of diplomatic/security benefits of unification. The world is now more interconnected than ever, and Korean unification will invariably impact its neighbors. In this regard, the cost-benefit analyses of the four countries are quite meaningful in that 12 overseas Korea specialists analyze the benefits of Korean unification and provide policy suggestions to maximize these benefits from the perspective of their own respective countries. In addition, the three research projects conducted by 11 domestic experts which provide advice on the effects of economic integration along with strategies for Northeast Asian cooperation based on their analysis on inter-Korean economic integration and diplomatic/security benefits of unification are also extremely valuable. The research projects conducted by researchers from 4 major countries present four unification scenarios-status-quo, North Korea’s reform and opening-up, absorption of the North by South Korea, and peaceful unification. In the case of peaceful unification, which is preferable to all parties involved, the US, China, Japan, and Russia will all witness an increase of $7.6 to 48.5 billion in their GDPs, and creation of 210,000 to 5,640,000 new jobs, resulting in positive ripple impacts for all 4 countries. According to the analyses, China will be the biggest benefactor of Korean unification, the US and Japan will reap similar benefits, and Russia will benefit the least. In the event of Korean unification, China’s three northeast provinces will become a vibrant logistics center and hub for the Eurasian Continent and the Pacific region. According to the study by Japanese researchers, a ‘Super Korea’ will emerge after Korean unification, rivaling Japan. The russian researchers analyzed that if energy exports increases; and the Siberian railway and gas pipeline were connected all the way to the Korean peninsula as a result of unification, it will lead to an economic boom in the Far East. Domestic researchers show that unification will bring changes in factors of production, market expansion, decrease in military spending, and improvement in international credit rating. According to their various unification scenarios, North and South Korea’s GDP growth rates will increase 16%p and 1%p respectively between 2016 and 2030. In the early stages of unification, independent currencies should be used but One Korea Indexed Unit of Account (OKU) must also be introduced; and in order to make use of North Korea’s human resources, disparity of wages between South and North Korea is unavoidable. They also analyze that a unified Korea will contribute to the resolution of the security dilemma in Northeast Asia by buffering the competition for economic and military hegemony between major powers such as the US vis-a-vis China and China vis-a-vis Japan, facilitating cooperation. Also, North Korea’s denuclearization alone will, in and of itself, significantly benefit neighboring countries.

Book Dynamic Forces on the Korean Peninsula

Download or read book Dynamic Forces on the Korean Peninsula written by and published by . This book was released on 2007 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The U S  and the Two Koreas

Download or read book The U S and the Two Koreas written by Tong Whan Park and published by Lynne Rienner Publishers. This book was released on 1998 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents revised and updated papers from a March 1997 conference held at Northwestern University in Evanston, Illinois. Papers investigate the new relationships emerging among Washington, Seoul, and Pyongyang in which political, military, and economic variables interact in a new way. Subjects include South Korea's nuclear option, US-North Korea economic relations, US public opinion of the two Koreas, and Japan and China's responses to changing developments in Korea. Annotation copyrighted by Book News, Inc., Portland, OR

Book U s  South Korea Relations

    Book Details:
  • Author : Congressional Research Service
  • Publisher : Createspace Independent Publishing Platform
  • Release : 2017-09-17
  • ISBN : 9781976465659
  • Pages : 52 pages

Download or read book U s South Korea Relations written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2017-09-17 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Korea (Republic of Korea or ROK) is one of the United States' most important strategic and economic partners in Asia. Since the early 1950s, the U.S.-ROK Mutual Defense Treaty commits the United States to help South Korea defend itself. Approximately 28,500 U.S. troops are based in the ROK, which is included under the U.S. "nuclear umbrella." Washington and Seoul cooperate in addressing the challenges posed by North Korea. The two countries' economies are joined by the Korea-U.S. Free Trade Agreement (KORUS FTA). South Korea is the United States' seventh-largest trading partner and the United States is South Korea's second-largest trading partner (China is its first-largest). Political changes in both countries in 2017 along with North Korea's increasing military capabilities have produced strains in the relationship. Coordination of North Korea Policy Dealing with North Korea is the dominant bilateral strategic concern. The Trump Administration appears to have raised North Korea's nuclear and missile programs to a top U.S. foreign policy priority, and has adopted an approach of increasing pressure on Pyongyang in the hopes of convincing the North Korean regime "to de-escalate and return to the path of dialogue." The Administration has emphasized pushing China, which accounts for around 90% of North Korea's trade, to do more to pressure North Korea. North Korea's two tests in July 2017 of long-range ballistic missiles, which some observers characterized as having intercontinental range, has heightened the U.S. sense of urgency over the North Korean issue. ROK President Moon Jae-in, elected in May 2017, has said he supports the continuation of sanctions against North Korea if it is aimed at bringing North Korea to the negotiating table. He also argued, however, against a "sanctions-only" approach toward North Korea. Instead, President Moon envisions denuclearization policy and low-level inter-Korean initiatives as complementary and in July 2017 proposed holding several inter-Korean dialogues. These initiatives appear to have caused some tension in U.S.-ROK relations, but North Korea's lack of a response to them and its continued missile testing appear to have ameliorated disagreements between Washington and Seoul, at least temporarily. The U.S.-ROK Alliance Since 2009, the United States and South Korea have accelerated steps to reform their alliance, including the relocation of U.S. troops on the Korean Peninsula and boosting ROK defense capabilities. Provocations from North Korea have propelled more integrated bilateral contingency planning, for instance by adopting policies to respond more swiftly and forcefully to attacks and by deploying the Terminal High Altitude Area Defense (THAAD) missile defense system in South Korea. According to U.S. military officials, South Korea pays roughly half of the non-personnel costs of stationing U.S. troops in South Korea. Many analysts think that the Trump Administration will demand that South Korea increase its cost-sharing payments. Bilateral Economic Relations The KORUS FTA has been the centerpiece of U.S.-Korea trade and investment relations since its entry into force in 2012, but views on KORUS FTA's economic outcomes are mixed. Most U.S. business groups highlight market access improvements and a more robust mechanism for dispute resolution, but others have raised concerns over implementation. The Trump Administration has repeatedly criticized the agreement, focusing on the growth in the bilateral trade deficit since its entry into force, and has called for modifications. Following a U.S. request, the two nations are expected to convene a special committee under the KORUS FTA to discuss the agreement and possible changes. The scope of these discussions remains unclear, as the Administration has yet to officially notify Congress of its intent to negotiate with South Korea, a requirement for any trade agreement negotiation to receive expedited legislative conside

Book Brookings Papers on Economic Activity  Spring 2017

Download or read book Brookings Papers on Economic Activity Spring 2017 written by Janice Eberly and published by Brookings Institution Press. This book was released on 2017-10-10 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.

Book Oxford Handbook of the International Relations of Asia

Download or read book Oxford Handbook of the International Relations of Asia written by Saadia M. Pekkanen and published by Oxford University Press, USA. This book was released on 2014 with total page 841 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook examines the theory and practice of international relations in Asia. Building on an investigation of how various theoretical approaches to international relations can elucidate Asia's empirical realities, authors examine the foreign relations and policies of major countries or sets of countries.

Book Korea in the World Economy

Download or read book Korea in the World Economy written by Il SaKong and published by Peterson Institute. This book was released on 1993 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Attempts to draw from the Korean miracle, useful conclusions in economic terms for other Third World countries by examining its origins. Also analyzes the prospects for Korea's economy in the 1990s and identifies new policies and strategies in the area of international cooperation.

Book The US South Korea Alliance

Download or read book The US South Korea Alliance written by Scott Snyder and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can the United States and South Korea best co-operate to address new security challenges? Can the US-ROK alliance serve to advance South Korea's interests and at the same time help the US to more effectively pursue its own global and regional security objectives? In the context of these questions, the authors explore the possibilities for enhanced co-operation in both traditional and non-traditional spheres.

Book Troubled Tiger

Download or read book Troubled Tiger written by Mark Clifford and published by M.E. Sharpe. This book was released on 1998 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this new edition of Clifford's widely acclaimed book, the author expands his analysis of modern Korea to include the dramatic events of recent years. These include the imprisonment and sentencing of two former presidents of South Korea for their role in the Kwangju uprising and on various charges of corruption, the death of Kim Il Sung in the North and the resultant exacerbation of the instability of the North-South standoff, with all its military/nuclear implications, and recent labor and student protests.

Book The Routledge Handbook of Europe Korea Relations

Download or read book The Routledge Handbook of Europe Korea Relations written by Nicola Casarini and published by Routledge. This book was released on 2021-12-27 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Handbook of Europe–Korea Relations provides a comprehensive overview of the changing dynamics in relations between Europe and Korea, provided by leading experts in the field. Informed by high-quality academic research and key trilateral data and statistics, this book brings scope, balance, and depth, with wide-ranging coverage examining the history of Europe-Korea relations, the Cold War, contemporary Europe-Korea and Europe-North Korea relations, Europe and inter-Korea relations within the regional context, and relations between European countries and the Korea. Through this approach, it increases awareness of the extent and intensity of the multi-faceted and multi-layered connections between the Europe and Korea. Finally, it proposes a way forward for a future relationship between Europe and the Koreas. As a key reference point, for advanced-level students, researchers, policy-makers and journalists producing, and consuming, new material in the area and beyond, it provides an essential understanding of both the historical backdrop to, and the current crisis in, this troubled peninsula. This Handbook will be an essential reference for scholars, students, researchers and practitioners interested and working in the fields of Asian Politics/ Studies, EU Politics/Studies, European Politics/Studies, Korean Politics/Studies and International Relations. The Routledge Handbook of Europe–Korea Relations is part of the mini-series Europe in the World Handbooks examining EU-regional relations.

Book China s Rise and the Two Koreas

Download or read book China s Rise and the Two Koreas written by Scott Snyder and published by . This book was released on 2009 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: With China now South Korea's number one trading partner and destination for foreign investment and tourism, what are the implications for politics and security in East Asia? Scott Snyder explores the transformation of the Sino - South Korean relationship since the early 1990s. Snyder considers the strategic significance of recent developments in China's relationship with both North and South Korea and also assesses the likely consequences of those developments for US and Japanese influence in the region. His meticulous study lends important context to critical debates regarding China''s foreign policy, Northeast Asian security, and international relations more broadly. This title examines China's redefined political and economic relations with North and South Korea, as well as what this implies for US and Japanese influence in Northeast Asia.