The current account surplus of the Republic of Korea (henceforth Korea) increased significantly in the immediate … changes on Korea's trade is not robust during non-crisis periods. Exchange rates only significantly affect trade when … issue. Korea's external imbalances are not only caused by external factors; they also reflect internal and policy factors …

This paper is exploring the impact on the two proximate economies, Korea and China, of China’s accession to the World … automobiles, Korea’s export to China is likely to increase while there may be small effect on the exports of electronics …, chemicals, and machinery. Both China and Korea would benefit from the inflows of international direct investments on the global …

This paper explores the effects of the proposed free trade agreement between Japan and Korea. Our experiments are based … and intertemporal optimizing behaviour of agents. The simulations show that both Korea and Japan benefit from the …