• Title/Summary/Keyword: regional trade

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The Index of Asia-Pacific Regional Integration Effort

  • Ye, Victor Yifan;Mikic, Mia
    • East Asian Economic Review
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    • v.20 no.2
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    • pp.129-168
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    • 2016
  • The Asia-Pacific region is not typically seen as one geographic or socio-economic space. Yet, 58 regional economies occupying the space of 28 million square kilometers from Turkey in the West, Russian Federation in the North, French Polynesia in the East and New Zealand in the South belong to the Economic and Social Commission of Asia and the Pacific (ESCAP). This commission provides a forum for member states that "promotes regional cooperation and collective action, assisting countries in building and sustaining shared economic growth and social equity". In 2013, ESCAP's members adopted the Bangkok Declaration to enhance efforts towards deeper regional economic integration. Yet this document neither proposes a concrete modality or modalities of achieving deeper integration, nor provides a sense of distance of individual countries to a "perceived" integrated Asia-Pacific.This paper aims to comprehensively quantify recent integration efforts of economies in the Asia-Pacific region. We provide an "index of integration effort" based on twelve metrics that measure the relative distance of a given economy to the region as an economic entity. Generally, we find that while the region has trended towards becoming integrated in general, both the level of integration and integration effort are inconsistent among Asia-Pacific economies. We discuss potential applications and extensions of the index in developing our perspective of the region's economic and social dynamics.

The Calculation of Carbon Footprint Embodied in International Trade: A Multi-Regional Input-Output Analysis (국제무역에 함유된 탄소이력(carbon footprint)의 측정과 분석: MRIO모형의 응용)

  • Shin, Dong Cheon
    • Environmental and Resource Economics Review
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    • v.22 no.1
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    • pp.31-52
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    • 2013
  • The recent analyses of carbon emissions embodied in international trade are related with discussions on who is responsible for the carbon emissions causing global warming. Some authors insist that the countries importing carbon-intensive goods should share the responsibility with the suppliers of those goods. In order to determine which countries are net importers of carbon dioxide embodied in traded goods, we need to construct the multi-regional input-output (MRIO) model incorporating national input-output tables and data on bilateral trades. The paper calculates consumption-based as well as production-based inventories by using MRIO model whose global database is GTAP version 8 to get the picture of carbon footprints in international trades of Korea and other regions in the world.

The Reconsidering of the Western based Development Discourse and the Future of Postdevelopment as Sustainable Development (서구 중심적 개발담론의 재해석과 지속가능한 개발로서 포스트개발의 미래)

  • Lee, Yong Gyun
    • Journal of the Korean association of regional geographers
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    • v.21 no.1
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    • pp.137-152
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    • 2015
  • The purpose of this research is to reveal the problems of the Western based development discourse, and to derive the future direction of postdevelopment as sustainable development. This study attempted to reveal the historical process of formation and change on development discourse. Development generally regarded as the overcome of underdevelopment, inducing the marginalization of the South as a place to follow the development model of the North. State based development discourse (Keynesian development discourse) focused on the growth by industrialization, and the supreme aim of the South was to overcome the underdevelopment. Neoliberalism development discourse emphasized on the market principle based on free competition which was recognized as the best way to provide development. However, neoliberalism discourse has been criticized for the concentration of power and inequality of class, causing on the consideration of postdevelopment because of its emphasis on growth rather than distribution and life value. This research revealed the ways of postdevelopment with fair trade and ethical consumption. However, fair trade and ethical consumption discourses clearly show somewhat limitation subsuming into neoliberal development discourse. In this respect, future ways for postdevelopment have to consider the overcoming of powers based on market and capital, and to orient into the value of redistribution in development process.

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FTA Negotiation Strategy and Politics in the Viewpoint of the Three-Dimensional Game Theory: Korea-EU FTA and EU-Japan EPA in Comparison (삼차원게임이론의 관점에서 바라 본 유럽연합의 FTA 협상 전략 및 정치: 한-EU FTA와 EU-일본 EPA의 비교를 중심으로)

  • Kim, Hyun-Jung
    • Journal of International Area Studies (JIAS)
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    • v.22 no.2
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    • pp.81-110
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    • 2018
  • In this paper, we examined the regional economic integration, the trade negotiation strategy and bargaining power of the European Union through the logical structure of the three - dimensional game theory. In the three - dimensional game theory, the negotiator emphasized that the negotiation strategy of the triple side existed while simultaneously operating the game standing on the boundary of each side game, constrained from each direction or occasionally using the constraint as an opportunity. The study of three-dimensional game theory is aimed at organizing the process of coordinating opinions and meditating interests at the international level, regional level and member level by the regional union as a subject of negotiation. This study would compare and analyze the recently concluded EU-Japan EPA (Economic Partnership Agreement) negotiation process with the case of the EU FTA, and summarize the logic of the three-dimensional game theory applicable to the FTA of the regional economic partnership. Furthermore, the study would illustrate the strategies of the regional economic cooperatives to respond to negotiations. The area of trade policy at the EU level has already been completed by the exclusive power of the Union on areas where it is difficult to politicize with technical features. Moreover, the fact that the policy process at the Union level has not been revealed as a political issue, and that the public opinion process is a double-step approach. In conclusion, the EU's trade policy process constitutes a complicated and sophisticated process with the allocation of authority by various central organizations. The mechanism of negotiation is paradoxically simplified because of the common policy decision process and the structural characteristics of the trade zone, and the bargaining power at the community level is enhanced. As a result, the European Commission would function as a very strong negotiator in bilateral trade negotiations at the international level.

A study on cultural understanding and regional cooperation in Yemen and Ethiopia (예멘과 에티오피아의 문화이해와 지역협력 방안 연구)

  • Seo, Dae-Sung;Lim, Heon-Wook
    • The Journal of the Convergence on Culture Technology
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    • v.7 no.3
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    • pp.147-154
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    • 2021
  • For The purpose of this study is to understand the cultural differences between Yemen and Ethiopia for Koreans who love coffee and to find ways to cooperate with the region. The Islamic region is not able to cooperate directly, so we thought about how to exchange through the coffee industry. Therefore, the regional exchange model and prior research were examined. And examined the characteristics of early cultures and religions. We learned about political and regional relations through cultural cooperation and the history of Islamic conflict in Yemen. Finally, the local coffee industry and culture were explained. In conclusion, education is needed for regional cooperation in Islamic studies, and for this purpose, First, overcoming cultural clashes; Second, new strategic regional cooperation, Third, a cultural approach rather than a religion, Fourth, new technological regional cooperation; Fifth, parallel regional cooperation with Yemeni refugees; Sixth, a method such as a bridgehead in Ethiopia (Yemen trade and regional cooperation) was proposed.

The Role of Bank Payment Obligation under SWIFTNet's Trade Service Utility (SWIFTNet TSU BPO의 역할)

  • Lee, Bong-Soo
    • International Commerce and Information Review
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    • v.17 no.2
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    • pp.3-18
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    • 2015
  • This thesis examines the performance and improvement strategy of SWIFTNet TSU's BPO for computerization and suggests the following results: First, the URBPO should be legally complemented, and the SWIFT and banks need to keep improving the systems to meet trade parties' diverse needs. Second, the SWIFTNet TSU's BPO should have an institutionally unified sharing platform with security, stability and convenience. In other words, it is needed to develop services which meet e-payment paradigm and international and regional environments through continued analysis on market changes and flow. Third, in order for the SWIFTNet TSU BPO to evolve into a perfect global system, there should be an innovative payment solution which can meet all trade parties all over the world. For this, technology standardization for a worldwide e-trade payment system is essential. Lastly, based on the results derived from this study, an analysis framework with which more diverse and practical environmental variables can be analyzed should be developed.

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Research Trend Analysis of 'International Commerce and Information Review' Using SNA-based Keyword Network Analysis (SNA 기반 키워드 네트워크 분석을 활용한 '통상정보연구'의 연구동향 분석)

  • Yang, Kunwoo
    • International Commerce and Information Review
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    • v.19 no.1
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    • pp.23-42
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    • 2017
  • International Commerce and Information Review has been playing an important role of disseminating the outstanding research results in the fields such as trade information and systems, e-trade, regional studies, e-commerce, service trade, trade laws since 1999. This paper aims to find the research trends and distinguished characteristics in the field of trade information by analyzing research keywords of the research papers published in this journal using a social network analysis method. Research keyword data collected from the homepage of the academic society were cleaned and transformed into the co-occurrence network data, which are suitable for social network analysis. NodeXL Pro was used to analyze and visualize the pre-processed data. Through clustering analysis, the most important subject fields or interests were identified as well as those which worked as intermediaries for interdisciplinary researches.

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A Study on Liberalization of Cross-Border Data Transfer in Digital Trade Agreements (디지털 무역협정의 국경 간 데이터 이전 자유화 연구)

  • Chung, Jason
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2022.05a
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    • pp.627-628
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    • 2022
  • There is no internationally accepted codified definition of digital trade because of the wide variety and scope of related industries and transactions(product + service + data) in general. Recently, innovative changes are taking place in digital trade due to the development of technologies such as IT due to the 4th industrial revolution, and advanced countries such as the US, EU, and Japan are including digital trade issues such as data movement liberalization in the negotiation agenda of the digital trade agreement. The issue with the liberalization of cross-border data movement is that freedom of data movement is necessary to vitalize digital trade, but it also increases the risk of information security and privacy violations. Looking at the directions of advanced countries, the US favors minimization of regulations, Europe favors regional single marketization, but passively opens up to the outside world, and China promotes independent markets through regulations. Therefore, measures to strengthen restrictions on cross-border data movement are an issue that has recently been implemented by each country or an international aggrement is scheduled to be reached soon, and Korea also needs a close response.

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Comparison of the RCA Between China and KOR: From the Perspective of Value-Added

  • Xiaosong Jiao;Yingqi Cao;Lily Jiao;Chandaith Neak;Yaqian Zhang
    • Journal of Korea Trade
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    • v.26 no.4
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    • pp.23-38
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    • 2022
  • Purpose - This paper empirically explores the RCA of electrical equipment trade between China and Korea from the perspective of gross trade and value-added trade. The goal of this paper is to scan the electrical equipment's RCA, the decomposition of gross exports, and the impacts of an exerted shock. Design/methodology - We applied the domestic value-added method in measuring the RCA, which could be more accurate than traditional RCA since it excludes foreign value-added. Based on the research purpose, this paper follows the framework of Koopman, Wang, and Wei (2014)-as extended by Wang, Wei, and Zhu (2018). It extracts the data from the 2019 Multi-regional Input-Output (MRIO) databases compiled by the Asian Development Bank in January 2021. Findings - After rigorous examination, the main findings are as follows: First, the electrical equipment sector maintains a consistent comparative advantage in either assessing method. Second, China exports more gross goods of electrical equipment to the world than South Korea does, but there is a trade deficit with Korea. Third, South Korea and P.R. China are the most significant bilateral partners of foreign value-added sourcing. Finally, it is surprising that there is a shock on electrical equipment; the partner's service, as well as manufacturing sectors, would be affected. Originality/value - This paper explores the revealed comparative advantage between Korea and China from traditional gross export and value-added perspectives. Second, we apply the information from the 2019 MRIO database compiled by the Asian Development Bank in January 2021, reflecting the current situation. Third, this paper analyzes the electrical equipment and the impacts on other parties' sectors. Finally, we carry out the subjects that deserve to be investigated in the future.

The Spatial Pattern and Structure of Industrial Agglomerations in Korea : Towards a Regional Innovation System (우리나라 산업집적의 공간적 패턴과 구조 분석 -한국형 지역혁신체제 구축의 시사점 -)

  • Jeong Jun-Ho;Kim Sun-Bae
    • Journal of the Economic Geographical Society of Korea
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    • v.8 no.1
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    • pp.17-29
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    • 2005
  • This study has attempted to analyze the spatial structure of industrial agglomerations with elaborated spatial econometric techniques. First of all, spatial patterns and structures of industrial agglomerations in Korea show a multi-polar spatial pattern of industrial agglomeration, Major industries from industrial agglomerations in the Seoul Metropolitan Area, part of the Chungcheong Area and Dongnam Area. Second, as some industrial agglomerations show an agglomerative pattern beyond a regionally based-administrative jurisdiction, the effects of agglomeration seem to be produced across regionally based-administrative jurisdictions. Finally, it can be considered that industrial agglomerations have generally been produced by spatial divisions of labor in which the functions of conception and execution are separated from each other. According to this results, in designing regional innovation systems, their spatial coverage should draw upon an extended region with a few adjacent provinces, and there is a need to form networked clusters in order to sufficiently capitalize upon the spatial spillovers of agglomerations.

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