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42. Korea Matters for America/America Matters for Korea (2023)
- Author:
- East-West Center
- Publication Date:
- 04-2023
- Content Type:
- Special Report
- Institution:
- East-West Center
- Abstract:
- The 4th edition of Korea Matters for America/America Matters for Korea, part of the Asia Matters for America initiative, maps the trade, investment, employment, business, diplomacy, security, education, tourism, and people-to-people connections between the United States and South Korea at the national, state, and local levels. This publication and the AsiaMattersforAmerica.org website are resources for understanding the robust and dynamic US-Indo-Pacific relationship.
- Topic:
- International Relations, Climate Change, Economics, Education, Environment, Politics, Science and Technology, Governance, Population, Public Health, and Travel
- Political Geography:
- Asia, South Korea, North Korea, North America, and United States of America
43. Valuing Longer, Healthier Lives: Assessing the Productivity of Health Spending in South Korea
- Author:
- Karen Eggleston
- Publication Date:
- 03-2023
- Content Type:
- Special Report
- Institution:
- East-West Center
- Abstract:
- This research studies the link between medical spending and health outcomes in South Korea, providing evidence on the productivity of medical spending over recent decades. The author advocates for the Korean government to develop a “satellite account for health” to complement national income and product accounts. Current measures do not account for changing quality nor give providers any incentive for cost-effective substitution between forms of treatment for a given condition. By leveraging existing strengths of Korea’s National Health Insurance and health outcome data, Korea can develop an accurate measure of medical productivity and a more accurate measure of overall economic productivity, while becoming a global pioneer of “health satellite accounts” for overall populations. Such a productivity metric built on condition-specific net value can help Korea increase the “bang for the buck” from medical spending, mitigate wasteful spending, and promote high-value innovations for longer, healthier lives.
- Topic:
- Health, Public Spending, and Productivity
- Political Geography:
- Asia and South Korea
44. Trade Balances and International Competitiveness in Cyber-physical, Digital Task-intensive, ICT Capital-intensive and Traditional Industries
- Author:
- Alexandra Bykova and Roman Stöllinger
- Publication Date:
- 05-2023
- Content Type:
- Special Report
- Institution:
- The Vienna Institute for International Economic Studies (WIIW)
- Abstract:
- In this report, we analyse the international competitiveness of the EU in four industry groups over the period 1995-2018. The groups are delineated by specific factor intensities, where these intensities are assessed from digital tasks performed by labour services and ICT capital stocks. The EU’s positions relating to trade balances, revealed comparative advantages and unit value ratios are assessed relative to its main competitors, such as the US, China, Japan and South Korea. The trade specialisation patterns confirm EU advantages in traditional industries, which still represent the largest part of global trade, and in the group of digital task-intensive industries. In the cyber-physical group of industries, which are characterised by both high digital task and ICT capital intensities, the EU records a trade deficit, although this has been receding in recent years. Competitiveness indicators depict heterogeneity among EU countries. The loss of international competitiveness for some technology front-runners is a worrying sign. On the positive side, however, a reduction in trade deficits or an improvement in product quality and market shares is evident for certain EU countries, especially in the Central European region.
- Topic:
- International Trade and Finance, European Union, Trade, Digitalization, and International Competition
- Political Geography:
- Japan, China, Europe, Asia, South Korea, and United States of America
45. From Rhetoric to Action: Delivering Inequality & Exclusion
- Author:
- Center on International Cooperation
- Publication Date:
- 03-2023
- Content Type:
- Special Report
- Institution:
- Center on International Cooperation
- Abstract:
- Inequality and exclusion are not destiny. Change is possible. Following three years of research, country visits, expert meetings, and debate, the Pathfinders’ Grand Challenge on Inequality and Exclusion has identified policy priorities for immediate and longer-term actions to tackle inequality and exclusion. The report draws on the lived experiences and desires of people across countries around the world. To understand citizens’ concerns about inequalities, their policy priorities, and their desire for change, we commissioned a public opinion survey in eight countries: Canada, Costa Rica, Mexico, Sierra Leone, South Korea, Sweden, Tunisia, and Uruguay. These opinion surveys show an immense preoccupation with societal divisions and a consensus that more needs to be done to address them. What is working to make progress on equality and inclusion? Countries and local communities that have made sustained progress towards more inclusive and equal societies have generally taken a three-pronged approach: They have delivered visible results that make a material difference in people’s daily lives, in areas such as social protection, housing and wages; they have built solidarity, through for example truth-telling exercises, police and justice reform and community empowerment; and they have secured credibility and sought to avert reversals by fighting corruption, broadening political power, and increasing the public financing needed for policy development.
- Topic:
- Public Opinion, Inequality, Survey, and Exclusion
- Political Geography:
- Canada, South Korea, Uruguay, Sierra Leone, Sweden, Mexico, Tunisia, Costa Rica, and Global Focus
46. Global business environment improves
- Publication Date:
- 04-2023
- Content Type:
- Country Data and Maps
- Institution:
- Economist Intelligence Unit
- Abstract:
- No abstract is available.
- Topic:
- Economy, 5-year summary, and Forecast
- Political Geography:
- Pakistan, Bangladesh, Kenya, Japan, China, Indonesia, Malaysia, Turkey, Ukraine, Canada, India, Israel, Finland, Kazakhstan, Norway, Greece, South Korea, Kuwait, France, Poland, Lithuania, Libya, South Africa, Brazil, Argentina, Philippines, Sri Lanka, Colombia, Germany, Estonia, Algeria, Cuba, Belgium, Denmark, Saudi Arabia, Azerbaijan, Serbia, Bulgaria, Romania, Hungary, Spain, Australia, Italy, Dominican Republic, Croatia, Switzerland, Sweden, Latvia, Egypt, Mexico, Nigeria, Jordan, Netherlands, Portugal, Ireland, Morocco, Bahrain, Qatar, Singapore, Thailand, Tunisia, Costa Rica, Chile, Austria, Angola, Peru, New Zealand, Hong Kong, United Arab Emirates, Ecuador, Czech Republic, El Salvador, Cyprus, Slovenia, Slovakia, United States of America, UK, Iran, Islamic Republic of, Russian Federation, Taiwan, Province of China, Venezuela, Bolivarian Republic of, and Viet Nam
47. Global business environment improves
- Publication Date:
- 04-2023
- Content Type:
- Country Data and Maps
- Institution:
- Economist Intelligence Unit
- Abstract:
- No abstract is available.
- Topic:
- Economy, 5-year summary, and Forecast
- Political Geography:
- Pakistan, Bangladesh, Kenya, Japan, China, Indonesia, Malaysia, Turkey, Ukraine, Canada, India, Israel, Finland, Kazakhstan, Norway, Greece, South Korea, Kuwait, France, Poland, Lithuania, Libya, South Africa, Brazil, Argentina, Philippines, Sri Lanka, Colombia, Germany, Estonia, Algeria, Cuba, Belgium, Denmark, Saudi Arabia, Azerbaijan, Serbia, Bulgaria, Romania, Hungary, Spain, Australia, Italy, Dominican Republic, Croatia, Switzerland, Sweden, Latvia, Egypt, Mexico, Nigeria, Jordan, Netherlands, Portugal, Ireland, Morocco, Bahrain, Qatar, Singapore, Thailand, Tunisia, Costa Rica, Chile, Austria, Angola, Peru, New Zealand, Hong Kong, United Arab Emirates, Ecuador, Czech Republic, El Salvador, Cyprus, Slovenia, Slovakia, United States of America, UK, Iran, Islamic Republic of, Russian Federation, Taiwan, Province of China, Venezuela, Bolivarian Republic of, and Viet Nam
48. Space: America's New Strategic Front Line
- Author:
- Henry D. Sokolski
- Publication Date:
- 10-2023
- Content Type:
- Book
- Institution:
- Nonproliferation Policy Education Center
- Abstract:
- Last week, the Congressional Commission on the Strategic Posture of the United States released its final report. Although Congress tasked it to assess the role of space systems in America’s strategic posture, the commission dedicated less than a half-page of its 160-page review to this matter. Of its 20 pages of specific recommendations, the commission made none on space. This seems odd. As China and Russia build up their nuclear arsenals well beyond what America has deployed, the cost and impracticality of quantitatively countering these threats only grows. The commission report rightly recommends the United States make its strategic nuclear forces less vulnerable to a potential first strike. But what of the argument that to do this America and its allies must be able to stun or disable its adversaries’ military eyes, ears, voices, and nervous systems both on Earth and in space? Those who argue this maintain that if America commands space, it can be assured of victory in war and, better yet, be able to deter conflicts. Does it follow that if America and its allies lose assured command of space, acquiring more and better nuclear weapons may be for naught? What does securing command of space demand? What would it enable our military to do? What space capabilities are our key space adversary — China — and our key Asian allies—Japan and South Korea — planning to employ? What will implementing America’s current space strategy entail and cost? What might alternatives to this strategy entail? Which, if any, space capacities and military actions does the Outer Space Treaty (to which Russia, China, the United States, and most states in Asia and Europe are parties) allow or prohibit? Can these limits be enforced? What can space war simulations do to help get the answers? NPEC commissioned some of the nation’s top military and legal space experts to examine these issues. It then held a series of space simulations to test their answers out. The result, which my staff and I are releasing today, is a 354-page volume, Space: America’s New Strategic Front Line (introduction below). It features insights from space policy experts and practitioners and more than suggests that strategic deterrence will depend on securing space superiority.
- Topic:
- Security, Defense Policy, Nuclear Weapons, Nonproliferation, and Space
- Political Geography:
- Russia, Japan, China, South Korea, North America, and United States of America
49. Global business environment improves
- Publication Date:
- 04-2023
- Content Type:
- Country Data and Maps
- Institution:
- Economist Intelligence Unit
- Abstract:
- No abstract is available.
- Topic:
- Economy, 5-year summary, and Forecast
- Political Geography:
- Pakistan, Bangladesh, Kenya, Japan, China, Indonesia, Malaysia, Turkey, Ukraine, Canada, India, Israel, Finland, Kazakhstan, Norway, Greece, South Korea, Kuwait, France, Poland, Lithuania, Libya, South Africa, Brazil, Argentina, Philippines, Sri Lanka, Colombia, Germany, Estonia, Algeria, Cuba, Belgium, Denmark, Saudi Arabia, Azerbaijan, Serbia, Bulgaria, Romania, Hungary, Spain, Australia, Italy, Dominican Republic, Croatia, Switzerland, Sweden, Latvia, Egypt, Mexico, Nigeria, Jordan, Netherlands, Portugal, Ireland, Morocco, Bahrain, Qatar, Singapore, Thailand, Tunisia, Costa Rica, Chile, Austria, Angola, Peru, New Zealand, Hong Kong, United Arab Emirates, Ecuador, Czech Republic, El Salvador, Cyprus, Slovenia, Slovakia, United States of America, UK, Iran, Islamic Republic of, Russian Federation, Taiwan, Province of China, Venezuela, Bolivarian Republic of, and Viet Nam
50. Global business environment improves
- Publication Date:
- 04-2023
- Content Type:
- Country Data and Maps
- Institution:
- Economist Intelligence Unit
- Abstract:
- No abstract is available.
- Topic:
- Economy, 5-year summary, and Forecast
- Political Geography:
- Pakistan, Bangladesh, Kenya, Japan, China, Indonesia, Malaysia, Turkey, Ukraine, Canada, India, Israel, Finland, Kazakhstan, Norway, Greece, South Korea, Kuwait, France, Poland, Lithuania, Libya, South Africa, Brazil, Argentina, Philippines, Sri Lanka, Colombia, Germany, Estonia, Algeria, Cuba, Belgium, Denmark, Saudi Arabia, Azerbaijan, Serbia, Bulgaria, Romania, Hungary, Spain, Australia, Italy, Dominican Republic, Croatia, Switzerland, Sweden, Latvia, Egypt, Mexico, Nigeria, Jordan, Netherlands, Portugal, Ireland, Morocco, Bahrain, Qatar, Singapore, Thailand, Tunisia, Costa Rica, Chile, Austria, Angola, Peru, New Zealand, Hong Kong, United Arab Emirates, Ecuador, Czech Republic, El Salvador, Cyprus, Slovenia, Slovakia, United States of America, UK, Iran, Islamic Republic of, Russian Federation, Taiwan, Province of China, Venezuela, Bolivarian Republic of, and Viet Nam
51. The Jeju 4.3 Attacks Were Not a Democracy Movement
- Author:
- Tara O
- Publication Date:
- 06-2023
- Content Type:
- Policy Brief
- Institution:
- Hudson Institute
- Abstract:
- On April 3, 1948, on the Korean island of Jeju, communist guerrillas went on a rampage, killing police officers, election workers, and others; setting houses on fire; and terrorizing villagers, all to discourage them from voting in the upcoming May 10 elections that would establish the Republic of Korea (ROK). The insurgency—referred to as Jeju 4.3—triggered a government counterinsurgency, forcing the communists into the mountains where they would continue their guerrilla operations for nine more years. In March 2023, the Democratic Party of Korea (Deobureo Minju Party) introduced a bill mandating that citizens refer to the insurgency only as a “democracy struggle,” with punishments of up to five years in prison. But historical documents, eyewitness testimony, and statements from the perpetrators show that the incident was a campaign of irregular and unconventional warfare, a prelude to the communist military invasion of South Korea in June 1950, and part of the larger Korean War.
- Topic:
- History, Counterinsurgency, Democracy, and Korean War
- Political Geography:
- Asia and South Korea
52. La política sin sol. Organizaciones cristianas y relaciones intercoreanas bajo el gobierno de Moon Jae-In, 2017-2022
- Author:
- María del Pilar Álvarez
- Publication Date:
- 10-2023
- Content Type:
- Journal Article
- Journal:
- Revista UNISCI/UNISCI Journal
- Institution:
- Unidad de investigación sobre seguridad y cooperación (UNISCI)
- Abstract:
- La llegada de Moon Jae-In a la presidencia generó grandes expectativas entre las iglesias cristianas vinculadas a la Política del Sol. Recuperando categorías analíticas para el estudio de las redes trasnacionales de advocacy, este artículo examina a través del análisis cualitativo de documentos oficiales, sitios oficiales de internet y entrevistas semi-estructuradas realizadas a los miembros de las iglesias, el rol del cristianismo en las políticas de unificación bajo el gobierno de Moon JaeIn. El artículo sostiene que, frente a la negativa del gobierno de Moon de rehabilitar las acciones directas de la sociedad civil surcoreana en el Norte, las iglesias que apoyaban al gobierno redefinieron sus repertorios de acción y marcos normativos sin romper sus vínculos con el gobierno, mientras que las iglesias que se oponían al presidente reforzaron el activismo bumerang para presionar y denunciar al gobierno.
- Topic:
- Religion, Transnational Actors, Christianity, and Unification
- Political Geography:
- Asia, South Korea, and North Korea
53. Peninsula Plus: Enhancing U.S.–South Korea Alliance Cooperation on China, Multilateralism, and Military and Security Technologies
- Author:
- Jacob Stokes and Joshua Fitt
- Publication Date:
- 03-2023
- Content Type:
- Working Paper
- Institution:
- Center for a New American Security (CNAS)
- Abstract:
- The United States–Republic of Korea (ROK or South Korea) alliance has entered a critical phase. In 2023, the two countries will commemorate the 70th anniversary of signing their bilateral mutual defense treaty. This year also marks the first full year under national leaders President Joe Biden and President Yoon Suk Yeol. After several challenging years in the two countries’ relationship, ties are improving. Better alliance relations have, unfortunately, coincided with a deterioration in the regional and global security environment, specifically due to threats from North Korea, China, and Russia. This report examines the U.S.-ROK alliance as it adapts to the new regional context by exploring how the United States and South Korea can sustain and deepen their relationship in three vital policy areas: coordination on China, alignment in minilateral and multilateral settings, and defense technology collaboration. Perhaps the biggest shift in alliance priorities in recent years has been the growing importance of the China challenge. During Chinese Communist Party General Secretary Xi Jinping’s decade in power, Beijing has adopted a more muscular foreign policy. Both the United States and South Korea have reshaped their approaches toward China in response. ROK concerns about China have grown as Beijing shields Pyongyang and acts aggressively elsewhere in the region, including toward Taiwan. But South Korea’s approach to China will continue to differ from that of the United States. The allies have divergent preferences regarding the speed, manner, and degree of partial decoupling with China. Moreover, South Korea’s deep trade ties with China will continue to make it vulnerable to Chinese political and economic coercion.
- Topic:
- Security, Science and Technology, Alliance, Multilateralism, Cooperation, and Military
- Political Geography:
- China, Asia, South Korea, and United States of America
54. Korea's Official Development Assistance to the Philippine Education Sector: Observations and Inputs
- Author:
- Inero Ancho
- Publication Date:
- 03-2023
- Content Type:
- Policy Brief
- Institution:
- Korea Institute for International Economic Policy (KIEP)
- Abstract:
- Advocating inclusive and equitable quality education (SGD 4: Quality Education) is central to sustainable development efforts anchored on collaboration and partnership that enable the policy-to-impact synergy. Agencies and institutions in various levels need to align motivations as they work towards realizing education for sustainable development (ESD). As education fuels sustainable development, school access and completion need to be prioritized, as wealth inequality and gender gap are eliminated. Human capital investment involves the provision of relevant and responsive education systems and training. These mechanisms enable an individual to be productive and contribute to positive outcomes, improved standard of living, and potential gains. As a core element to growth and poverty reduction, human capital suggests implementing significant and concrete progress in core education indices. Further, sustained economic growth, increased productivity value, and favorable social returns are manifested outcomes at the macro level. This paper looks at the ODA from Korea to the Philippines in the context of education. The discussion will be anchored on the Philippine Development Plan and AmBisyon Natin 2040 as roadmaps reflecting the aspirations of every Filipino of having a strongly rooted, comfortable, and secured life.1 Observations and inputs will be offered to ensure effective ODA and provide focus and ways forward towards access to and quality of education, along with programs and projects that contribute into any meaningful development of the Philippine economy.
- Topic:
- Development, Education, Economy, Human Capital, and Sustainability
- Political Geography:
- Asia, South Korea, and Philippines
55. Strengthening Regional Value Chain between India and South Korea: Emerging Opportunities for Trade and Investment Cooperation
- Author:
- Durairaj Kumarasamy
- Publication Date:
- 03-2023
- Content Type:
- Working Paper
- Institution:
- Korea Institute for International Economic Policy (KIEP)
- Abstract:
- The changing dynamics of supply chains and their impact on shaping international relations in East Asia have become crucial issues for scholars and policymakers. Asia’s two major economies, India and South Korea, are reassessing their strategy on the changing dynamics of the supply chain. India is to redesign its developmental strategy to establish India-centric supply chains in key industries. India has stressed its endeavour to become a self-reliant economy by introducing a highly ambitious Production-Linked Incentive (PLI) scheme to attract FDI in strengthening and establishing the supply chain linkages in India, whereas South Korea has adopted a strategy to mitigate supply chain-related risk through greater emphasis on developing strong self-reliance and promoting economic diversification by enhancing its economic ties with India. In addition, the pandemic-induced supply chain disruptions further reinforced South Korea toward diversification and resilience of its supply chain. South Korea’s development experience and deep investment relations with India can explore the untapped potential of bilateral trade and investment linkages. To ensure supply chain resilience both India and South Korea focus on critical sectors such as semi-conductors, steels, secondary batteries and chemicals, along with new technology areas like AI, 6G, Digital Infrastructure and renewable energy for cooperation. In this regard, the study explores the trade and investment relationship between India and South Korea and identifies the potential sectors to engage in the sustainable value chain between them.
- Topic:
- Investment, Trade, Economic Cooperation, Supply Chains, and Value Chains
- Political Geography:
- South Asia, India, Asia, and South Korea
56. Developing ODA Evaluation Methodology for Technical Cooperation
- Author:
- Eunsuk Lee and Hyemin Yoon
- Publication Date:
- 03-2023
- Content Type:
- Policy Brief
- Institution:
- Korea Institute for International Economic Policy (KIEP)
- Abstract:
- As the volume of Korea's official development assistance (ODA) expands, the demand for systematic management of evaluations and improvement of their usefulness is increasing. This study focuses on developing evaluation methodology for technical cooperation (TC) which is an important part of Korea’s ODA. Based on the case studies of six multilateral organizations and four bilateral development agencies, we draw lessons for Korean ODA agencies in terms of selection criteria, types, and methodological aspects of evaluation of technical cooperation and propose a four-step project management and evaluation mechanism for TC activities.
- Topic:
- Development, Economics, Science and Technology, and Management
- Political Geography:
- Asia and South Korea
57. Does Institutional Quality Matter to Korean Outward FDI? A Gravity Model Analysis
- Author:
- Muhammad Akhtaruzzaman
- Publication Date:
- 01-2023
- Content Type:
- Policy Brief
- Institution:
- Korea Institute for International Economic Policy (KIEP)
- Abstract:
- According to Korea’s Ministry of Knowledge Economy (currently the Ministry of Trade, Industry and Energy), foreign investment has now become one of the major economic pillars driving the Korean economy over the past 15 years (Tang 2022). The Korean economy started to open up to rest of the world following the Asian financial crisis in 1997 and was the biggest FDI policy reformer among 40 developed and emerging economies over the period from 1997 to 2010 (Nicolas et al. 2013). Over the last decade, Korea’s outward FDI grew much faster than inward FDI (See Figure 1) and Korea is now a net capital exporter to the world. In 2021, Korea’s outward FDI flows totaled $76.64 billion and a total of 2323 Korean enterprises invested in overseas countries (Korea EXIM Bank 2022). Due to this increased amount of outward FDI, a large number of studies (Kim and Rhee 2009; Park and Jung 2020) investigated what determines Korea’s outward FDI (OFDI). Institutional quality is found to be a major determinant in FDI literature in general. It suggests that political risk (lack of/poor institutional quality) not only deters FDI inflows to host countries but also can lead FDI to countries with higher risks and to ‘pollution heaven’ which might have an adverse impact on long term growth and development in both host and home countries. There are strong empirical evidences in literature that lack of institutional quality or good governance is associated with lower FDI inflows. An extensive literature (Alfaro et al. 2008; Ali et al. 2010; Akhtaruzzaman et al. 2017; Bénassy‐Quéré et al. 2007) investigated FDI response to various types of institutional quality in FDI host countries. Over the last 20 years data evidenced that Korea’s OFDI flowed to developing countries with a sustained large gap existing in institutional quality between host countries and Korea (See, Fig 2 top panel); however; those countries had been offering a higher degree of capital account openness. A sharp increase in capital account openness since the early 2000s coincides with sharp increase in Korea’s OFDI to those host countries. For example, Peru was the least open economy and started to initiate measures to open capital account since the mid-90s and early 2000s. The degree of openness in Peru is now similar to that of developed countries. On the other hand, Peru is one of the least progressed countries in terms of institutional quality over the same period of time. This slow or no progress in institutional quality is a common pattern of institutional improvement for a large sample of host countries of Korea’s OFDI (see, Figure 2). However, those developing countries including Peru are regular destinations of a substantial amount of Korea’s OFDI. Does this suggest that institutional quality of host country does not matter to Korean investors, or is there a 3rd factor mitigating the impact of institutional quality on Korea’s OFDI? Few studies on Korea’s OFDI considered institutional quality of host country as a control variable instead of main determinant of FDI (Park and Jung 2020). However, existing studies do not explain why Korea’s OFDI flowed to countries with a large gap in institutional quality between Korea and host countries. This research fills the gap in the literature of Korea’s OFDI. The findings of this research suggest that high degree of capital account openness (a factor that ensures profit repatriation of investors) weakened the negative impact of poor institutional quality in host countries on Korea’s OFDI. The remaining of this paper is organised as follows. Section II reviews relevant literature of FDI and identifies major determinants for Korea’s OFDI from existing studies; Section III discusses research method and empirical issues; Section IV presents the research findings; Section V concludes the research, points to the research limitations, and provides policy recommendations.
- Topic:
- Economics, Foreign Direct Investment, Institutions, and Knowledge Economy
- Political Geography:
- Asia and South Korea
58. Analysis of India's New and Renewable Energy Market and Policies and Implications for Korea-India Cooperation
- Author:
- Hyoungmin Han
- Publication Date:
- 02-2023
- Content Type:
- Policy Brief
- Institution:
- Korea Institute for International Economic Policy (KIEP)
- Abstract:
- The importance of new and renewable en-ergy has been drawing attention since the Paris Climate Agreement was adopted in 2015. In response to the Paris Climate Agreement, the Korean government declared carbon neutrality by 2050 and announced policy plans to create a low-carbon ecosystem in 2020. However, the domestic new and re-newable energy market is limited, making it difficult to mass-produce power generation devices. In addition, the international community's transition to a low-carbon ecosys-tem is rapidly taking place. To achieve 2050 carbon neutrality, it is necessary to secure Nationally Determined Contributions (NDC) through various overseas cooperation pro-jects. Thus, it is believed that energy cooperation with developing countries is needed to expand domestic markets and to achieve overseas NDC reduction targets. Considering India's recent market expansion and active policy in the area of renewable energy, India can be a good partner for Korea in the renewable sector. To have a clear understanding of India’s renewable energy market, we conduct the analysis on India’s renewable energy market and policy, which we will explore in this article.
- Topic:
- Climate Change, Treaties and Agreements, Renewable Energy, and Cooperation
- Political Geography:
- South Asia, India, Asia, and South Korea
59. Network and Text Analysis on Digital Trade Agreements
- Author:
- Kyu Yub Lee, Cheon-Kee Lee, Won Seok Choi, Jyun-Hyun Eom, and Unjung Whang
- Publication Date:
- 02-2023
- Content Type:
- Policy Brief
- Institution:
- Korea Institute for International Economic Policy (KIEP)
- Abstract:
- We use the Trade Agreements Provisions on Electronic Commerce and Data and their corresponding texts to undertake network and text analysis on trade agreements with digital trade chapters to identify which countries are important in the network and how similar or different their texts of digital trade chapters are. centrality values reflect which countries are influential in the network, while values of similarity assess the level of similarity between the texts of digital trade chapters concluded by these countries. Centrality and similarity are complementary in assessing the relative positions of countries in the network, where the number of linkages between countries is significant in centrality and the quality of digital trade chapters is critical in similarity. We interpret this to mean that a country with a high degree of centrality is likely to be a rule-promoter in the network, whereas a country with a high degree of similarity is likely to be a rule-maker. The brief highlights three key findings from network and text analysis of digital trade agreements: (1) The U.S. has been the best rule-maker but not the best rule-promoter, whereas Singapore has been the best rule-promoter but not the best rule-maker. (2) China is a rule-maker, but to a weaker extent than the U.S., and Korea is a rule-promoter, although it is less active than Singapore. (3) Japan and Australia have served as both rule-makers and rule-promoters. Identification of countries’ relative positions in the network of digital trade agreements would be useful at the start of talks on digital trade policy.
- Topic:
- Science and Technology, Treaties and Agreements, Digital Economy, and Trade
- Political Geography:
- Japan, China, South Korea, Australia, and United States of America
60. China's Green Transition Policies and Its Implications for Korea
- Author:
- Won Seok Choi
- Publication Date:
- 02-2023
- Content Type:
- Policy Brief
- Institution:
- Korea Institute for International Economic Policy (KIEP)
- Abstract:
- In China, carbon emissions from the energy and heat producing sector account for 53.4% of total emissions, with industry (28.6%) and transportation (8.9%) being the main carbon emission sectors. Therefore, various green transition policies in energy, industry and transportation are being pursued in Chinese cities. In Chinese cities, the promotion of rooftop-distributed photovoltaic power generation, among renewable energy sources, is evaluated to be capable of intensive development, reducing power peak load, and inducing residents to consume green energy. Policies are being implemented in urban industries to reduce pollution and carbon emissions, increase energy use efficiency, improve resource use levels, and improve green manufacturing systems. In the transportation sector, China's policies to reduce emissions, expand the supply of new energy vehicles, and strengthen green transportation technology are representative. Consequently, this study summarizes the policy implications, areas of Korea-China cooperation, and risk factors of China's green transition promotion plan for its Chinese cities.
- Topic:
- Transportation, Industry, Carbon Emissions, Energy, and Green Transition
- Political Geography:
- China, Asia, and South Korea