• Title/Summary/Keyword: International Trade Cooperation

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A Study for Improving Trade and Commerce between Korea and Russia

  • Park, Ho-Yong;Lee, Kil-Nam
    • International Commerce and Information Review
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    • v.2 no.1
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    • pp.83-103
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    • 2009
  • This paper attempts to provide a way to improvement in trade & commerce between Korea and Russia, analyzing the influence of the circumstances of the Russian economy on economic relations between the two countries. The study briefly reviews the current situation of the Russian economy, and tries to examine the strong points to be considered as leverage for cooperation and the weak points to be overcome. Previous studies have determined that the Russian economy has unlimited potential for growth, because it is endowed with abundant resources, and has a government willing to reform for the opening of the economy, as well as high-quality labor. However, the economic structure is vulnerable to impact of the worldwide financial crisis. It is not possible to overlook its institutional fragility and vulnerability such as a corrupt bureaucracy or a relatively large black market. These undesirable factors may not only undermine the basis of Russia economy but also a hindrance to economic cooperation by increasing economic uncertainty. This paper attempts to analyze comprehensively the socio-economic factors that influence the open-economy of Russia, and to illustrate strategies for improvement in trade and commerce through the viewpoint of Korean firms that are already in business or are trying to enter in the near future. Some measures to improve their economic cooperation are suggested at the end.

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Research on Trends in International Research Cooperation through Analysis of International Research Cooperation Books (국내외 단행본 분석을 통한 국제연구협력 동향 연구)

  • Noh, Younghee;Kwak, Woojung
    • The Journal of the Korea Contents Association
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    • v.22 no.6
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    • pp.35-44
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    • 2022
  • In this study, we tried to confirm the characteristics of books published on the topic of international cooperation, what kind of international cooperation-related research is being conducted through this book, and what are the main contents of international cooperation. In order to achieve this research purpose, we conducted data construction, statistical analysis, and text mining based on textom in international research cooperation at home and abroad. As a result of the study, it can be seen that there has been a particularly high interest in international research and international cooperation since the 2010s. Through this, it was found that he is interested in development, economy, technology, development, region, and relations and wants to promote development. In addition, topics such as environment, trade, education, and society appeared, and interest in international research cooperation centered on environment, trade, and education was high, was found to have a high influence on society as a whole. Through this study, we find the research significance in that it can serve as a basic research to confirm the characteristics of some national and public research institutes participating in international research cooperation, and that it confirms the trend of participating in international research cooperation in a relatively specific type of institution. can see.

A Study on Trade Structure after Korea and Colombia FTA (한·콜롬비아 FTA체결이후 교역구조 변화에 관한 연구)

  • Park, Chong-Suk
    • Asia-Pacific Journal of Business
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    • v.12 no.4
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    • pp.299-312
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    • 2021
  • Purpose - The purpose of this study is to analyze Trade Structure after Korea and Colombia FTA, and identify its problems and suggest measures that can be taken by the government and corporations to reinforce economic cooperation. Design/methodology/approach - To improve the level of contribution of the study, an empirical analysis is necessary. However, due to limited data access, the study will approach the topic of trade relations between Korea and Colombia with various statistics and literature. Findings - First, there is an urgent need for changes in import-export goods between Korea and Colombia, as trade is focused on specific items. Second, although foreign direct investment from Korea to the Colombia is centered in manufacturing and wholesale & retail, there should be different investment strategies by industries. Third, it is necessary to reinforce commercial cooperation. Research implications or Originality - The Free Trade Agreement between Korea and Colombia entered into force in 2016. Under the agreement, both countries will eliminated all tariffs within ten years after it takes effect. Reinforcing economic cooperation with Colombia is extremely important for Korea in terms of entering and dominating Colombian market. However, there is still a lack of research on the Colombia, and corporations that aim to enter Colombian market face difficulties due to lack of information. This study analyzes the recent trends of problems of trade between Korea and Colombia and suggests solutions for boosting trade to provide proper strategic guidelines for Korea that are planning to expand to Colombian market.

The Introduction of Electronic Trade System to Small and Medium Sized Company & The Analysis of its Economic Effect (중소기업의 전자무역 시스템 도입방안과 경제적 효과 분석 - 가치사슬분석과 시뮬레이션 분석 방법론을 중심으로 -)

  • Park, Bok-Jae
    • International Commerce and Information Review
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    • v.10 no.3
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    • pp.3-21
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    • 2008
  • This research investigates the strategy for application of E-Trade to SMEs to analyze the economic effect of e-trade. And the influence of the proliferation of e-business and e-trade upon the industrial business conditions, value-chain, and business activities is also analyzed. The subjects of the inquiry are the nationwide petrochemical industries in which small and medium sized companies are in mutual and intimate cooperation. The results show that the business structure of the petrochemical industries are divided into four stages, and, with the introduction of e-business, the value chain is changed by stages. And the change of value-chain explains the transition of the e-business of petrochemical industries including trade business into industrial DB and leads to a variety of the economic effect including the reduction in the trade expense, the change of the production process, and the innovation of trade structure.

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Strategies for Promoting Trade and Foreign Direct Investment between Korea and Vietnam (한국과 베트남의 무역 및 투자협력 증진방안에 관한 연구)

  • Kim, Jeong-Ho
    • International Commerce and Information Review
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    • v.7 no.4
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    • pp.435-453
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    • 2005
  • This paper suggests several strategies for promoting Trade and Foreign Direct Investment cooperation to the Korean government and companies as follows ; For Korean government, its trade policy would be given much weight on the import from the Vietnam in the early developing stage. This import could be compensated and increased with the counter export of Korean products like the industrial goods. For Korean companies, they would make haste to invest and develop the abundant energy and natural resources in Vietnam. Their desirable strategies would be moving small scale projects into large ones, production partnerships with the foreign developed and experienced companies, and international joint ventures for using inward FDI incentives. The long range vision and perseverance are indispensable for promoting trade and foreign direct investments between and Korea and Vietnam and both parties' win-win results and development in the end.

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IT Infrastructure of North Korea and Cooperation to Introduce e-Trade between South and North Korea (북한의 IT인프라 현황과 남북한 전자무역의 도입을 위한 협력방안)

  • Choi, Seok-Beom
    • International Commerce and Information Review
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    • v.7 no.3
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    • pp.113-133
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    • 2005
  • North Korea has stressed Information Technology in policy fostering science as Kim Jong-il has been interested in IT industry. In view of development of e-business in Northeast Asia, South Korea is to cooperate with North Korea. It is the time to look into the current situation, strategy and issues of IT in North Korea. Although North Korea is forced to select the development of IT Industry as growth engine, the problems in the IT Infrastructure are as follows:lack in communication infrastructure, lack in diversity of software, low level of hardware, limited use of internet. This paper deals with the IT Infrastructure of North Korea and IT and e-Commerce Cooperation, introduction of e-Trade between South and North Korea.

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Government Support and Risk Management to Kaesong Industrial Business (개성공단 진출 기업에 대한 정부지원과 리스크 관리)

  • Kim, Jae Seong
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.63
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    • pp.245-260
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    • 2014
  • This study is aimed to summarize a tense situation of Risk management for Kaesong Industrial Business Enterprise in 2013 and to investigate trade insurance of K-sure. Now we have to find a new way to protect Kaesong Industrial Business Enterprises from uncertain environment and also need to prevent a recurrence of parallel cases in the domain of South-North economic cooperation in Korean peninsula. There are two method to protect Kaesong Industrial Business Enterprises. First they rely on the Korea government for protection. Second they need to effect trade insurance of K-sure. such as Export Credit Guaranty or Short-term Export Insurance. They shall create a wise predictable environment to protect Kaesong Industrial Business Enterprises themselves without resort to Korea government. Of course there are many things left behind to consider I hope it will be helpful to those who prepare South-North economic cooperation especially in Kaesong Industrial Complex.

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Expert Incubator Plans for e-Trade Activation in Gwangju-Chonnam Areas (광주.전남지역 전자무역 활성화를 위한 전문인력 양성방안)

  • Seo, Kab-Sung
    • International Commerce and Information Review
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    • v.6 no.2
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    • pp.129-146
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    • 2004
  • Nowadays, practical use of the internet is generalized in enterprise's business management as well as individual's everyday life. Also using internet, E-trade has given the very important meaning to company which do import and export as a part for extension of more opportunities and business scopes. In this study, I examined the actual conditions of industrial frame and information level in Gwangju Chonnam areas to achieve the easy and wide using of e-trade systems. Next, I examined the present condition and problem of education systems regarding e-trade expert incubator program of Gwangju Chonnam area. Finally, this study presented the successful cooperation model of Chosun university TI center in industrial section, educational section, and government section for more effective development systems of e-trade expert incubator program.

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A Study on the Global Strategy and Challenges of Paperless Trade in Korea (한국 전자무역의 글로벌 전략과 과제에 관한 연구)

  • Yun, Soo-Young
    • International Commerce and Information Review
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    • v.12 no.1
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    • pp.3-33
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    • 2010
  • Paperless trade is a new trade paradigm that has innovated on traditional trade procedures, which relied on manual work in the past, and applied an IT-based e-document standard. To realize paperless trade in Korea, a lot of efforts have been made. Korea has overcome many difficulties, a lack of awareness, trials and errors, etc. at the initial introduction stage and strived to establish a stable infrastructure through the government's policy support and active cooperation with the trade business communities and related organizations. Now, Korea became a well-known leader in IT industry, especially in the paperless trade infrastructure and strategic policies. The one-stop trading system named 'uTradeHub' is operated by a paperless trade service provider, Korea Trade Network(KTNET). uTradeHub includes trade finance and settlement, customs clearance and export and import logistics, improving trading procedures and reducing related expenses. Private-Public joint efforts from Korean government and private sectors which have respectively fulfilled their role and function with market-oriented practical policies and strategies has lead Korea a world leading country in paperless trade. Moreover, Korea expended its efforts to the global areas. Korea has started to activate multi-national paperless trade alliances such as PAA(Pan-Asia e-Commerce Alliance), ASEAL(Asia Europe Alliance for Paperless Trading) as well as established the bilateral cooperative networks with China and Taiwan. The one-stop trading system, uTradeHub should keep close cooperations between nations since trade itself is implemented in a cross-border ways. In the near future, it is expected uTradeHub can achieve best results in the simplification of procedures and cost savings when an international linkage is completely established with international cooperations.

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Buyer and Supplier Collaboration Strategy for Development and Production in the Korean Auto Industry

  • Park, Tae-Hoon;Kim, Il-Gwang
    • Journal of Korea Trade
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    • v.23 no.2
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    • pp.14-33
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    • 2019
  • Purpose - This paper aims to articulate determinants of inter-organizational cooperation based on to the extent to which inter-organizational tasks are related to product development and production processes. Design/Methodology - This research conducted OLS regression analysis based on the data acquired from questionnaire survey in Korean auto industry. Findings - Our analysis has verified that complementary and compatible resources, as well as physical and human asset specificities, positively affect inter-organizational product development cooperation. Conversely, in the production process, only complementary resources positively affect inter-organizational cooperation, whereas compatible resources and physical asset specificity have a negative influence. The changing characteristics of compatible resources (with IT innovations and AI), and physical asset specificity (influenced by a rising need to reduce production costs), cause inter-organizational cooperation in production to decrease. Originality/value - This research attempts to expound upon these determining factors of inter-organizational cooperation by considering both complementary-compatible resources and asset specificity in product development and production simultaneously. The reason why the impact of complementary-compatible resources and asset specificity on inter-organizational cooperation is critical in understanding the determinants of inter-organizational cooperation is that the attributes of complementary-compatible resources and asset specificity in production have changed drastically due to the continuing diffusion of IT innovations and AI (Artificial Intelligence).