This paper documents and analyzes the rise of emerging East Asian economies as major international investors. Foreign direct investment (FDI) from these economies is rising faster than their economic growth, trade, and inward FDI, and the region is by far the most important investor from the...

"Cross-Strait Investment Protection and Promotion Agreement" (i.e. ECFA Investment Agreement) Was concluded on August 9, 2012, after eight rounds of negotiations. Two countries reached the Economic Cooperation and Framework Agreement (ECFA) earlier in 2010 which has six sub-negotiation areas of...

As the second largest economy in the world, China is experiencing a new wave of digitalization with new drivers. This paper identifies the complementarities in digitalization between China and South Korea in order to provide policy suggestions on how the two countries should cooperate in the...

North Korea reveals a surprising openness to capitalism in its foreign investment laws. This understudied aspect of the country could carry decisive policy implications for sustainably ending the Korean War and the Korean nuclear crisis. There are nevertheless doubts on whether these laws truly...

Bilateral trade between Korea and EU has been increasing with the exception of the period of the global financial crisis (2009) and Korea has enjoyed trade surplus since 1997. At the time when negotiations were launched for the Korea-EU FTA in 2007, EU was Korea's second largest trading partner...

This paper aims to empirically identify the effects of FTAs on outward and inward FDIs in Korea. Considering the income differences between Korea and its FTA partners, we hypothesize that FTAs have a positive effect on outward FDI to developing countries and inward FDI from developed countries....

This paper conducts a detailed critical analysis of the dispute settlement mechanisms in ASEAN's external economic agreements with China, Japan and Korea by reviewing the main procedural rules of these mechanisms. The paper also discusses the difference among these agreements, and compares them...

Korean Abstract: 한반도의 북방지역은 한국의 정치ㆍ안보 및 경제를 위해 중요한 지역일 뿐 아니라, 한민족과는 역사ㆍ문화적으로 특별한 연관성을 가지고 있는 곳이다. 이러한 북방지역의 특수성에 대한 인식을 토대로 한국은...

China's shifting economic circumstances have been impacting the structure of its economic cooperation with North Korea. The Chinese economy has been slowing down since 2007 and China's Northeastern region has been suffering from labor shortage, especially young labor. Decreasing raw material...