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Policies to meet global economic challenges : Asia's perspective

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Frame of Image ······························· 4 2. Korea’s Experience with Financial Crises ······································································· 7 3. Global Financial Crisis ····························································································· 17 Chapter 3. Trade Liberalization, Growth, and Bi-polarization in Korean Manufacturing: Evidence from Microdata ································································································ 23 1. Introduction············································································································ 23 2. Exporting, Productivity and Bi-polarization ··································································· 24 2.1. Basic Facts ····························································································· 24 2.2. Exporter Productivity Premium: The Mechanisms ·············································· 27 2.3. Empirical Evidence on the Mechanisms in Korean Manufacturing·························· 31 3. Trade Liberalization and Wage Skill Premium ······························································· 39 3.1. Basic Facts ····························································································· 39 3.2. A Brief Review of Theoretical Mechanisms ······················································ 40 3.3. Evidence from Korean Manufacturing ··························································· 41 4. Concluding Remarks ··
Contents

Full Text
Title Policies to meet global economic challenges
Similar Titles
Sub Title

Asia's perspective

Material Type Reports
Author(English)

Korea Eximbank

Publisher

[Seoul]:Korea Eximbank

Date 2012-06
Series Title; No Knowledge Sharing Program; 2012 Joint Consulting with IOs
Pages 85
Subject Country Asia & Pacific(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Economic Administration
Holding Ministry of Strategy and Finance
Recipient Country Asia & Pacific(Asia and Pacific)
Donor Country South Korea(Asia and Pacific)
Supervisor Korea Eximbank
Organizer Korea Eximbank
Sponsor Ministry of Strategy and Finance
Project Term 2012-01-01 ~ 2012-12-31

Abstract

While advanced economies have been faced with unsettled markets and increased uncertainty, developing Asia has led the world recovery from the 2008/09 Great Recession.
As the center of economic gravity shifts toward Asia, the region is now expected to assume greater responsibilities in managing this new world economic order. Thus, Asia needs to define, clarify, and substantiate its position on a multitude of issues on the international policy agenda to sustain economic growth and development, both globally and regionally.
Acknowledging these circumstances, the Korea Development Institute (KDI) shares the views of the Asian Development Bank (ADB) and the Export-Import Bank of Korea (KEXIM) that a joint project that looks at critical economic challenges at the global, regional, and national level is timely and meaningful. KDI intends to contribute by conducting insightful analyses and drawing substantive policy implications so as to enhance the capacity of Asian policymakers in addressing global economic challenges through such international fora as the Group of Twenty (G20), Association of Southeast Asian Nations (ASEAN), ASEAN+3, East Asia Summit (EAS), Asia-Pacific Economic Cooperation (APEC), and country-level discussions of ADB's developing member countries.
From Asia’s perspective, this report looks at policies to meet global economic challenges in three areas: crisis response and prevention in Chapter 2; trade liberalization, growth, and bipolarization in Chapter 3; and green growth and climate action in Chapter 4.

User Note

2012 Joint Consulting with ADB