콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Economic Administration

Print

Korea and the dual Chinese challenge

Related Document
Frame of Image nomic policies. Further, KIEP s carries out research far foreign institutes and governments on all areas of the Korean a n d international econrmies. K I E P has the most knowledgeable economic research staff in Korea. Now numbering over 100, our staff includes research fellows with Ph.D.s in economics from international graduate programs, supported by more than 40 researchers. Our staff’ s efforts are augmented by our affiliates, the Korea Economic Institute of America (KEI) i n Washington, D.C. and the KIEP Beijing office, which provide crucial and timely information on the local economies. KIEP has been designated by the government as t h e Northeast Asia Research and Information Center, the National APEC Study Center and the secretariat far the Korea National Committee for the Pacific Economic Cooperation Council (KOPEC). KIEP also maintains a wide network of prominent local and international economists and business people who contribute their expertise o n individual projects. KIEP continually strives to increase its coverage and grasp of world economic events. Expanding cooperative relations has been an important part of these efforts. In addition to many ongoing joint projects, KIEP is also aiming to be a part of a broad and close network of the world’ leading research institutes. Considering the rapidly s changing economic landscape of Asia that is leading to a further integration of the world’ economies, we are confident KIEP’ win-win proposal of greater cooperation


Full Text
Title Korea and the dual Chinese challenge
Similar Titles
Material Type Reports
Author(English)

Nicolas, Francoise

Publisher

Seoul:Korea Institute for International Economy Policy

Date 2005-04
Series Title; No CNAEC Research Series / 05-01
ISBN 89-322-5059-6
Pages 68
Subject Country China(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Economic Administration
Holding Korea Institute for International Economy Policy

Abstract

The rise of China has had two major impacts on the East Asian region, first it has substantially changed the competitive setting in the region, and second, it has given rise to the emergence of a potential leader additional to Japan. These two changes necessarily impose adjustments in other countries’ policies, particularly for Korea. As a result of China’s active participation in the regional production networks, the degree of de facto economic integration has been rising dramatically over the past ten to fifteen years, making the fates of all the economies in the region much more closely intertwined. So far, Korea has managed to take advantage of this new state of play, first by acting as a major supplier (which incidentally has helped the country to continue recording decent export-based growth performances while domestic demand was stagnating), and second, by relocating part of its activities in the mainland, thus preserving the competitiveness of declining sectors. (The rest omitted)