Recently, the need to advance into emerging markets has increased for Korea with changes in U.S. trade policy and the proliferation of trade protectionism around the world. In order to diversify its export markets and diplomacy, Korea is pursuing its New Northern Policy (NNP) and New Southern...

Cities and urban areas function as engines for economic growth as they mobilize labor and capital to create economies of scale through the agglomeration of production factors and increase productivity. They also create a consumer base through whose consumption of manufactured products encourages...

Based on comparison of consumer durables between China's average and Shanghai, we found that fastest growth would occur in potential markets in air-conditioner and color TV among other home appliances; and in computers, mobile phones and passenger cars. On the other hand, it is pointed out that...

Urbanization is the most important social-economic phenomenon in China today. Xi Jin-Ping regime would focus on urbanization for the new growth momentum on one hand and cure for social instability on the other.Urbanization rate will reach 70% until 2030 creating almost 20 million urban...

Due to the world’s rising energy demand and political instability in Middle East, the importance of resource-abundant countries in Latin America is being emphasized. This is especially true in the case of three Andean countries, Venezuela, Ecuador, and Bolivia, which remain to be a major...

In recent years, the relatively high in-comes achieved by countries in Latin America have ruled them out as partners for development cooperation. However, 30% of its population still lives under the poverty level, while both income disparity and rural-urban disparity remain high, which point to...

The three Latin American countries, Chile, Colombia and Peru, were in need of active industrial policies by the 2000s. First and foremost, they needed to diversify their export and industrial structure. Since the year 2000, dependence on the primary commodity exports of these South American...