• 한국건설관리학회논문집
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• 제16권6호
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• pp.92-100
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• 2015

이 글은 국제협정을 통한 중국 건설서비스 시장의 시장개방도를 검토하고, 한국정부가 국제협상에서 중국 건설서비스 시장을 추가적으로 개방시킬 수 있는 전략을 살펴본다. 여기서는 세 가지 전략을 추진하기를 제안하였는데, 첫째는 WTO GPA와 FTA를 통하여 시장개방 범위를 넓히도록 한다. 특히 지방정부와 공기업 및 PPP의 정부조달시장 개방을 추진하도록 한다. 둘째, GPA 협상을 통하여 정부조달과 관련된 법과 규제의 투명성 제고와 입찰절차의 투명성 제고를 추진해야 한다. 특히, 지방정부의 입찰절차를 투명화시켜야 한다. 셋째, 한국과 중국이 참여할 향후 FTA에 규제수렴에 관련된 협상을 포함하여 외국업체들에게 불리하게 적용되는 규제를 제거시키거나 완화시키도록 한다.

• 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.

• 무역학회지
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• 제41권4호
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• pp.111-129
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• 2016

일반적인 물품의 국제매매계약은 오랜 역사를 두고 연구의 대상이 되어 왔다. 물품의 국제매매계약서 작성시 참고할 수 있는 표준계약서 중 대표적인 것으로 ICC의 모델 국제매매계약서가 있다. 이는 무역 실무자들에게 법적 안정성과 작성의 편의성을 제공하는데 일조하고 있다. 본고에서는 ICC의 모델 국제매매계약서의 내용들을 참고하여, 예술품(조형물을 중심으로)의 국제간 거래에서 이용될 수 있는 계약서의 주요내용을 실질조항과 일반조항으로 나누어 제안하였다.

• 자원ㆍ환경경제연구
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• 제24권2호
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• pp.251-281
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• 2015

This paper examines the perceptions of sustainability, which is conceptualised as cross-generational social preferences, on the formation of international environmental agreements (IEAs) in a two-stage game in two periods. There are two scenarios are considered: myopic and sustainable development scenarios. The myopic scenario assumes the decision makers only concern the present welfare. Whilst the scenario of sustainable development has two characters: cross-generational fairness and altruism. When both are taken into account, a coalition will be expanded. The numerical example indicates that the marginal cost of the total emissions is the crucial factor for the formation of IEAs. Only when the marginal cost is low, a sustainable system can be succeeded. While, the technological advancement may lead to a more efficient production per unit of emissions, it also encourages countries to emit more in total and have a lower level of welfare. The results confirm the importance of sustainability to IEAs. The lesson learnt from this study is: when decision makers are myopic, the system is unsustainable even if an IEA is formed. Only when the perception of sustainability is considered, the system could be sustainable. Regardless of the existence of IEAs, international environmental conventions shall not neglect the fundamental goal to pursue sustainable development.

• 무역상무연구
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• 제44권
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• pp.239-255
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• 2009

The purpose of this article is to examine the Utilization of Umbrella Clauses in Investor-State Contract Disputes. To accomplish the purpose, this article analyzes the ICSID case of SGS v. Pakistan and SGS v. Philippines. Umbrella clauses have become a regular feature of international investment agreements and have been included to provide additional protection to investors by covering the contractual obligations in investment agreements between host countries and foreign investors. In particular, two recent ICSID decisions, SGS v. Pakistan and SGS v. Philippines, have brought to the forefront the question of whether the umbrella clause applies to obligations arising under otherwise independent investment contracts between the investor and the host State. In focusing on the SGS decisions, this article will give some useful guidelines to Government and Academia under currently prevailing environment of the Free Trade Agreement("FTA") in Korea.

• 통상정보연구
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• 제19권1호
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• pp.191-210
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• 2017

지난날 경쟁력과 부가가치 창출의 원천이 토지 노동 자본에서 창출되었다면 오늘날 21세기 지식기반경제에서 새로운 성장의 동력으로 기술이 주목 받고 있다. 이러한 세계경제 패러다임의 변화는 국제적 기술이전의 확산을 가져왔고 국제거래에 있어서 물품과 같은 유형재뿐만 아니라 특허나 노하우 등 대표되는 무형재의 거래도 점차 증가하고 있다. 국제라이선스계약은 기술이전의 대표적 형태로 기술제공자가 기술의 소유권은 그대로 보유한 채로 기술이용자에게 일정기간 기술의 실시만을 허락하고 그 대가로 로열티를 취하는 계약이다. 이러한 기술거래를 통한 경제적 이익은 계약의 원만한 이행과 종료로 실현할 수 있다. 한편 국제라이선스계약은 기술이라는 무형재를 대상으로 하면서 일정기간 대여를 목적으로 한다는 점에서 당사자간 의무가 국제상거래의 대표적 형태인 매매계약과 상이한 부분이 많다. 이에 본고에서는 국제라이선스계약상 당사자의 주요 의무와 각 의무에서 분쟁이 될 수 있는 쟁점을 살펴봄으로써 분쟁의 사전적 예방에 도움이 될 수 있는 시사점을 도출하고자 함을 목적으로 한다.

• East Asian Economic Review
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• 제22권3호
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• pp.243-273
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• 2018

A consequence of global trade liberalization is that domestic regulatory policies have become a focal point for efforts to reduce the costs of engaging in cross-border production and exchange. This article discusses the general challenges of reducing trade frictions created by regulatory differences, focusing specifically on the role trade agreements might play in addressing regulatory spillovers. A case is made for a greater focus on plurilateral cooperation under the umbrella of the WTO.

• 한국중재학회지:중재연구
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• 제8권1호
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• pp.87-122
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• 1998

This study reports on the Arbitration system in the China International Economic and Trade Arbitration commission (CIETAC) and the International Arbitration problems of Korea and China. The Chines laws including Arbitration laws are influenced by the civil Code system Particulary the German system. China is contracting state of the U N Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958 New York Convention), which became effective in the China April 22, 1987. International Commercial Arbitration is popular in China. CIETAC is the sole International Commercial Arbitration body in China. CIETAC has two sub-commissions, on is shen zhem S E Z and the other in shanghai. The CIETAC rules, are similar to the rules in effect in Countries using a civil Code system. Both an agreement to submit an existing dispute to Arbitration and an Arbitration clause in a contract relating to future disputes are recognizeal as valiad Arbitration agreements. CIETAC has the power to make a decision on disputes concering the validity of the Arbitration agreements, or jurisdiction over a specicific case.

• Journal of Korea Trade
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• 제27권1호
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• pp.139-158
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• 2023

Purpose - The study of co-movements between stock markets is a crucial area of finance and has recently received much interest in a variety of studies, especially in international finance. Stock market co-movements are a major phenomenon in financial markets, but they are not necessarily independent of the real market. Several studies support the idea that bilateral trade linkages significantly impact stock market correlations. Motivated by this perspective, this study investigates whether real market integration due to trade agreements brings about financial market integration in terms of stock market co-movement. Design/methodology - Over the 10 free trade agreements (FTAs) signed by the United States, using a dynamic conditional correlations (DCC) multivariate GARCH (MGRACH) model, we empirically measure the degree of integration by finding DCCs between the US market and the partner country's market. We then track how these correlations evolve over time and compare the results before and after trade agreements. Findings - According to the empirical results, there are positive return spillover effects from the US market to eight counterpart equity markets, except Jordan, Morocco, and Singapore. Especially Mexico, Canada, and Chile have large return spillover effects at the 1% significance level. All partner countries of FTAs generally have positive correlations with the US over the entire period, but the size and variance are somewhat different by country. Meanwhile, not all countries that signed trade agreements with the United States showed the same pattern of stock market co-movement after the agreement. Korea, Mexico, Chile, Colombia, Peru, and Singapore show increasing DCC patterns after trade agreements with the US. However, Canada, Australia, Bahrain, Jordan, and Morocco do not show different patterns before and after trade agreements in DCCs. These countries generally have the characteristic of relatively lower or higher co-movements in stock markets with the US before the signing of the FTAs. Originality/value - To our knowledge, few studies have directly examined the linkages between trade agreements and stock markets. Our approach is novel as it considers the problem of conditional heteroscedasticity and visualizes the change of correlations with time variations. Moreover, analyzing several trade agreements based on the United States enables the results of cross-country pairs to be compared. Hence, this study provides information on the degree of stock market integration with countries with which the United States has trade agreements, while simultaneously allowing us to track whether there have been changes in stock market integration patterns before and after trade agreements.

• 한국의류산업학회지
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• 제18권2호
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• pp.139-148
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• 2016

There is an expanding global network of free trade agreements (FTA). High-quality, comprehensive free trade agreements play an important role to support global trade liberalization and are explicitly allowed under the World Trade Organization (WTO) rules. An FTA is an international treaty that removes barriers to trade and facilitates stronger trade and commercial ties that contribute to increased economic integration between participating countries. Korea benefits from the global FTA trend; however it has started and developed FTA negotiations later than other countries. Current FTA agreements exist with Chile, Singapore, EFTA, ASIAN, India, EU, Peru, USA, Turkey, Australia, and Canada; in addition, there are ongoing negotiations with China, Colombia, New Zealand, and Vietnam. FTA open up opportunities for the textile/clothing industry to expand businesses into key overseas markets. FTA improve market access across all areas of trade to help maintain and stimulate the competitiveness of textile/clothing firms. This study examines the expansion of free trade agreements in light of changes in the international trade environment and the status of the Korean textile/clothing industry. Korea's textile/clothing export/import products and concession of tariff, country of origin covered under Korea-US/China FTA are investigated to identify problems. This study provides practical and policy implications for the textile/clothing industry in regards to the Korea-US/China FTA.