Using timeseries and panel data from 1981 to 2005, this paper examines the Granger causality relations between GDP, exports, and FDI among the three first generation Asian newly industrializing economies (ANIEs) : Korea, Taiwan, Singapore, and the four second generation Asian newly...

This paper examines the viability or appropriateness of two polar solutions, especially free-floating regime for developing countries. To do so, we investigate the Korean financial markets, which provide interesting case, utilizing multivariate GARCH and various VSR (Vector Auto-Regression)...

E-finance in Korea has evolved since the late 1980s, when developments in information and telecommunication technology started to be applied to the financial industry. Since the 1990s, e-finance has led a paradigm shift in the financial industry as financial transactions in computer-based tools...