• 제목/요약/키워드: Market Opening

검색결과 448건 처리시간 0.036초

Financial Market Integration and Income Inequality

  • Jung, Jae Wook;Kim, Kyunghun
    • East Asian Economic Review
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    • 제25권2호
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    • pp.175-203
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    • 2021
  • Over the past decades, financial markets have been integrated across countries while income inequality has increased in most countries. This paper studies the effect of financial market integration on income inequality and investigates whether this effect varies with the degree of financial market development. We find empirical evidence that financial market integration and financial market development interact to change income inequality. Specifically, the effect of financial market integration on income inequality is nonlinear, and the degree of financial market development plays an important role. Opening financial markets worsens income inequality in the countries holding the underdeveloped state of financial markets, however, the effect of capital account openness on income inequality is statistically insignificant in the countries with developed financial markets.

자유무역협정에서의 서비스무역에 관한 일반협정 중 한국의 보건의료 서비스 산업과 전망 (General Agreement on Trade in Services of the Free Trade Agreement and the Healthcare Services of South Korea and the Prospect of the System)

  • 정은경
    • Perspectives in Nursing Science
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    • 제12권1호
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    • pp.1-6
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    • 2015
  • Purpose: The purpose of this study is aimed to examine the Free Trade Agreement and its General Agreement on Trade in Services, especially, the healthcare service and the prospect of the system. Methods: This study was based on fourteen literature reviews from 2001 to 2014. Results: Free Trade Agreement and the General Agreement on Trade in Services were examined and Japan, China, and the United States's examples were shown. Healthcare market opening issues are the tendency of this era with the concept of globalization. Conclusion: This study highlights the tendency of healthcare market opening with all the pros and cons. The healthcare system along with the medical and nursing fields need to modify their system based on the globalization.

Benign Neglect or Malign Select?: Entry Cost to GATS/WTO

  • Sung, KeukJe
    • East Asian Economic Review
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    • 제22권2호
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    • pp.117-140
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    • 2018
  • WTO was established in 1995 and as many as 36 new members joined WTO until December 2017. Thus it would be interesting to see if new members have committed higher or lower levels of market opening compared to the original members. In this regard, a sophisticated scoring scheme is needed to quantify market opening commitments. After proper econometric model is established for the original members, same model can be applied to the new members for comparison. It was found that new members committed a much higher level of commitment than the original members. In addition, it was also found that transition economies committed higher levels than the non-transition economies. More interesting finding is that among the new members, the larger the economies or the larger the trading volume are, the closer was the level of commitment to the predicted level. Then the question is whether this difference was due to benign neglect by the new members or due to malign select by the original members.

중국의 유통시장 개방정책과 한국기업의 대응전략 (The Open Policy of Chinese Distribution Market and Counterplan of Korean Firms)

  • 강영문
    • 통상정보연구
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    • 제8권3호
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    • pp.277-297
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    • 2006
  • Joined WTO, China has revised or removed continuously some of existing enter barriers which have been protecting Chinese distribution market. Chinese government intend to open completely it's distribution market in 2007. Such as the open policy of Chinese distribution impact on Korean firms which invest in China. in order to occupy China's market, Korean firms needs to prepare counterplan on change of China's distribution environments. China's distribution environment is uncertain on account of remaining communism system even though opening it's distribution market. The purpose of this paper is to suggest diverse counterplan of Korean firms and answer how Korean firms can enter the China's distribution market successfully. through exmaninig how China's distribution channel is formulated and implemented. this study exhibits a model for strategy of Korean firms and shows implementations schemes.

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