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

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...