• 제목/요약/키워드: FTA in East Asia

검색결과 19건 처리시간 0.02초

한미 FTA 논의동향과 전망 (Discussion, prospect theory about FTA (America and South Korea))

  • 신재기
    • 정보학연구
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    • 제9권3호
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    • pp.15-25
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    • 2006
  • Currently there is fast flow of America and South Korea FTA negotiation being issued. Aim of FTA, by having free trade between two countries to gain their economical benefit. Few benefits can be expected by Korea joining FTA with America It will increase export as well as increase in overseas investment and this will lead to booming of services industry. After America and Korea FTA Discussion being announced around the world, Australia and EU also has interest of doing FTA with South Korea, which mean that America and Korea FTA has effect of bring in the overseas interest of FTA to South Korea. Expectation of American can be, create the market in South Korea to gain benefit as well as able to check out the economical issue of north east Asia country such as China and Japan. Since American side has high agreement with the make FTA with South Korea, South Korea now has to make own decision about this matter. Since Korean economy highly influence by world trade, to survive from market competition with China and Japan, Korea must involve in Free trade with world.

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한국무역업계의 FTA 평가와 활용 제고방안 연구 (A Study on the Korean Companys' Evaluation of decade-long Korean FTAs and how to improve its for FTA Utilization)

  • 배명렬;박천일
    • 통상정보연구
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    • 제16권5호
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    • pp.249-273
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    • 2014
  • 본 연구는 우리나라의 무역업체를 대상으로 실시한 설문조사를 통해 지금까지 추진해 온 FTA에 대한 우리 무역업계의 평가를 살펴보고 활용에 있어 애로요인을 파악함으로써 지원정책에 대한 시사점과 대응방안을 모색하고자 하였다. 설문조사에 따르면 대부분의 무역업체는 FTA를 활용해 본 경험이 있었으며, FTA를 활용한 무역업체의 대부분은 FTA가 기업경영 및 수출입 확대에 도움이 되었다고 평가하였다. 그러나 응답기업 중에는 FTA를 활용해 본 경험이 없다고 응답한 기업도 상당수 있었으며, 활용한 경험이 있는 기업들도 복잡한 원산지규정과 실질적 정보부족 등으로 FTA를 활용하는데 어려움이 있음을 밝히고 있다. 따라서 FTA의 활용도를 높이기 위한 노력의 필요성이 제기되었고, 지원정책 또한 업계가 필요로 하는 실질적인 정책으로의 전환이 요구되었다. 또한 무역업계는 향후 체결될 FTA에 대해 가능한 동아시아 거대 경제권과의 FTA 체결을 선호하였으며, FTA가 기업경영에 실질적 도움이 되는 방향에서 추진되기를 희망하였다.

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Evaluation of the Policy Effects of Free Trade Agreements: New Evidence from the Korea-China FTA

  • Xiang Li;Hyukku Lee;Seung-Lin Hong
    • Journal of Korea Trade
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    • 제26권6호
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    • pp.41-60
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    • 2022
  • Purpose - The policy implications of free trade agreements have traditionally been a matter of debate among economists. The official signing of the Korea-China Free Trade Agreement provides economists with a quasi-natural experiment to analyze the FTA's policy effects. This article aims to more accurately understand the impact of Korea's FTA accession on the macro economy. Design/methodology - This study adopts the counterfactual method based on panel data to find common factors in the generation process of macro data to fit the counterfactual path, to accurately evaluate the effect of the macro policy. Findings - Our research results show that the signing of the Korea-China FTA has a relatively significant short-term positive effect on Korea's economic growth. On average, Korea's real GDP growth rate has increased by 2.1%. This study finds evidence in support of FTA signing not having a significant impact on Korea's GDP growth in the long run. Additionally, we evaluated the impact of the FTA on Korea's imports and exports and found that it had a significant positive impact in the short term, but the trade effect of the FTA is significantly affected by the external macro-environment. Originality/value - First, this study uses macro panel data at the national level to examine the impact of the Korea-China FTA on Korea, and more accurately describes the policy effect of the FTA. Second, our empirical results show that the Korea-China FTA policy impact is subject to occasional changes in the external environment, such as the geopolitical conflict (crisis) between Korea and China, and the US-China trade war. Finally, the analysis shows that the short-term effect of FTA is significant but the long-term is uncertain, which provides empirical evidence for the debate on whether joining FTA can promote national economic growth.

A Research on the Establishment of New Korea-Russia Bilateral Cooperation Law for the Sustainable Arctic Development

  • Kim, Bongchul
    • Journal of Contemporary Eastern Asia
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    • 제19권1호
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    • pp.84-96
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    • 2020
  • The Republic of Korea (Korea) and the Russian Federation (Russia) are actualizing the cooperation in the Arctic area. As a result, Korean companies have begun to enjoy real economic benefits. However, since there are some troublesome aspects associated with this cooperation, measures that can lead to sustainable development through the supplementation of relevant norms are critical. Russia is also aware of these problems in obtaining economic benefits in the future; cooperation between the two countries should be extended to sufficiently cover this point. The laws related to the region are vague and do not encompass every field. In addition, when it comes to national interests, many situations arise from areas where international and national laws are not clearly harmonized. Therefore, efforts should be made to reflect the interests of both sides and to maintain economic benefits, in case Korea participates in Russia's development of the area, as well as for the legal foundation to reduce negative issues. The Korea-Russia Free Trade Agreement (FTA) negotiation is on the track for the purpose. The two governments should consider various tasks, such as harmonizing with the former FTAs and dealing with the domestic law in accordance with the new FTA. The two countries also have to conduct researches on the efficient use of the FTA and for the 'Sustainable Arctic Development'.

Idiosyncratic Features of the Contemporary Regional Economic Architecture in Asia

  • Dilip, Dilip K.
    • East Asian Economic Review
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    • 제16권2호
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    • pp.117-137
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    • 2012
  • The objective of this article is to examine the characteristic features of contemporary policy-led regionalism in Asia. It identifies the positive and negative features associated with the free trade agreements that have proliferated in Asia during the first decade of the $21^{st}$ century. There has been a marked transformation in Asia's regional architecture in a short span of a decade-and-a-half. The mode and conduct of multilateral trade has been significantly transformed during recent years and Asia could not possibly remain immune to this transformation. The importance of regionalism in multilateral trade has increased steadily. In addition, the trade-investment-services nexus has developed and grown increasingly important. As business firms now manufacture parts of their products across the border, bilateral trade agreements (BTAs), regional trade agreements (RTAs) and free trade agreements (FTAs) of the contemporary period need to take into account the new kind of trade barriers that have been created due to the changing mode of trade. The contemporary regional agreements need to be designed to facilitate the new modes of conducting business and trade. It was understood rather late in Asia that the 'WTO-Plus' FTAs are more functional and result-oriented than their predecessors.

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A Study on the Revitalization of Intermodal Transport for Increasing Intra-trade at North-east Asia

  • Kim, Sung-Soo;Jeon, Chan-Yong;Kim, Tae-Won;Kwak, Kyu-Seok;Nam, Ki-Chan
    • 한국항해항만학회:학술대회논문집
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    • 한국항해항만학회 2006년도 International Symposium on GPS/GNSS Vol.1
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    • pp.471-475
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    • 2006
  • For years, Korea, China and Japan have been continuously increasing intra-trade. In addition, by concluding FTA (Free Trade Agreement) among Korea, Japan and China, the trade capacity will be increased. In this way, the increasing trade capacity will induce to change north-east Asian economy. This paper researches which method is more economical and efficient in the aspect of the transportation time and distance, after comparing the existing marine transportation network with new intermodal transportation network considering TKR.

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CGE모형을 이용한 동아시아 역내포괄적경제동반자협정(RCEP)의 경제적 영향 분석 (The Regional Comprehensive Economic Partnership in East Asia and Its Economic Effects: A CGE Approach)

  • 고종환
    • 국제지역연구
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    • 제17권4호
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    • pp.1-21
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    • 2013
  • 본 논문에서는 ASEAN의 10개 회원국, 한국, 중국, 일본, 호주, 뉴질랜드, 인도 등 16개국으로 구성된 역내포괄적경제동반자협정(RCEP)가 RCEP의 회원국 경제와 전세계 경제에 어떠한 영향을 미치게 될 것인가를 다(多)지역 다(多)산업 연산일반균형(CGE)모형을 이용하여 정량적으로 분석하였다. Baseline 시나리오를 바탕으로 RCEP 회원국 구성의 특성에 입각하여 단계별 3가지 정책시나리오, 즉 한-중-일FTA(시나리오 1), ASEAN+3 FTA(시나리오 2), RCEP(시나리오 3)를 설정하였다. 3가지 정책 시나리오의 영향을 실질GDP, 후생수준의 지표로서 등가변환, 수출 수입물량, 국제수지, 교역조건 등 거시경제적 변수에 미치는 영향으로 제시하였다. 본 연구의 주요 결과를 보면, RCEP를 통해 모든 RCEP 회원국의 실질GDP가 증가할 것으로 전망되며 특히 한국의 실질GDP는 모든 RCEP회원국 중 가장 많이(2.43%) 증가할 것으로 예측되었다. 이는 한국이 RCEP 추진에 보다 적극적인 역할을 수행할 만한 경제적 이점이 있음을 시사하는 것이라고 할 수 있다.

Should TPP Be Formed? On the Potential Economic, Governance, and Conflict-Reducing Impacts of the Trans-Pacific Partnership Agreement

  • Bergstrand, Jeffrey H.
    • East Asian Economic Review
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    • 제20권3호
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    • pp.279-309
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    • 2016
  • The proposed Trans-Pacific Partnership (TPP) is a free trade agreement among 12 Pacific Rim countries whose joint gross domestic products (GDPs) account for 36 percent of world GDP and whose mutual trade accounts for approximately 24 percent of world trade. As for most proposed free trade agreements (FTAs), trade economists have provided ex ante computable general equilibrium (CGE) estimates to predict the trade, employment, and real per capita income effects of this agreement, such as ITC (2016). This paper-intended to complement these studies-examines the potential impacts of TPP beyond such traditional CGE estimates, taking a broader economic, governance, and historical perspective. First, we contrast these traditional CGE trade and welfare estimates that treat all firms within an industry as homogeneous with more recent CGE analyses that allow firms' productivities to be heterogeneous. We show that the latter models' trade predictions are much more consistent with ex post empirical evidence of average trade effects of FTAs. Second, empirical evidence now strongly confirms the existence of FTA "contagion." We review this evidence and show that predictive models of the evolution of FTAs indicate that the TPP should be formed. With China now having formed 12 FTAs and negotiating five new ones (including a sixteen member Asia-Pacific FTA), the United States would likely face considerable trade diversion without the TPP. Third, we examine empirical evidence on the likely further economic growth implications of FTAs by reducing firms' uncertainty over trade relations and trade policies. Fourth, we examine empirical evidence on the additional impact of FTAs on consolidating democratic institutions in countries. The TPP would likely help consolidate some of the less mature democracies. Fifth, we examine empirical evidence on the reductions of conflicts (and enhanced peace) between countries owing to the formations of FTAs. We conclude the paper noting that the potential net benefits to member countries of the proposed TPP extend well beyond the real income gains to households based upon traditional CGE models.

새만금 신항만의 수요추정 비교분석 및 개발방안 (The Comparison of Demand Forecasting and Development Schemes for Saemangeum New Port)

  • 조진행;김재진
    • 한국항만경제학회지
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    • 제27권4호
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    • pp.219-235
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    • 2011
  • 오늘날 세계화와 지방화가 진전되는 가운데, 국가 간 FTA가 활성화되고 있다. 또한 Dubai, 상하이 푸동, 톈진 빈해신구 등 경제자유지역(Free Zone) 등이 활발히 전개되고 있는 가운데 우리나라에서는 새만금지구가 동북아의 성장거점으로서 개발이 진행되고 있다. 본 연구는 급변하는 동북아 항만해운환경 속에서 새만금지구가 국가발전의 성장동력의 역할을 할 수 있도록 주요 연구기관의 새만금신항에 대한 수요예측치를 비교 검토하고 새만금 신항의 적정개발규모 및 기타 개발방안을 제시하는데 목적이 있다. 결론으로는 첫째 보다 정교한 새만금신항만 수요의 추정 및 보완이 요구, 둘째 컨테이너전용 부두 및 식품전용부두의 개발, 관광활성화를 위한 크루즈항만의 개발 등이 제시되었다.