As a feasible option for improving the economics and operational efficiency of stockpiling by public agency, this study suggests simple selective hedging strategies using forward contracts. The main advantage of these selective hedging strategies over the previous ones is not to predict future...

This study analyses the impacts of economic activity and exchange-rate movement and its volatility on exports and imports between Korea and China. Using monthly data from April 1994 to December 2007, Error-Correction Models (ECMs) are specified to estimate the cumulative effects of determinants...

Despite its regional closeness, energy cooperation in Northeast Asia has remained unexplored. However, this situation appears to be changing. The government of South Korea seems to be very enthusiastic for power grid interconnection between the Russian Far East and South Korea to overcome...