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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...
Persistent link: https://www.econbiz.de/10012955964
China and ASEAN are recognized as the most important markets in the world, hence they have emerged as global factories and parts production bases. And trade between China and ASEAN is rapidly expanding and ASEAN has taken position as one of China's three major trading partners. Over the last 20...
Persistent link: https://www.econbiz.de/10013046908
A regional cooperation project centered on a long river way passing through several nations, in addition to ensuring agreement between the nations involved, requires cooperation from the international community as a whole. This is because of potential conflict that may inevitably arise during...
Persistent link: https://www.econbiz.de/10013074709
As these projects move forward, the so-called Korea Special Fund needs to be set up, so that Korea can evaluate, from the earliest stages (feasibility studies), how those funds should be spent. This allows an accumulation of data as well as provide opportunities for Korean corporations. Also,...
Persistent link: https://www.econbiz.de/10013076082
In 2001, China adopted “Go Global” as its official policy agenda, which pertains to Chinese businesses in overseas. The policy was set as the primary means of foreign economic cooperation in the 10th 5-year plan (2001-2005). Consequently, in 2009 and in 2008 were legislated. Moreover, the...
Persistent link: https://www.econbiz.de/10013048311
The transformation of Myanmar marks perhaps one of the least predicted international developments in the past twenty years. The new government that came into power in 2011 introduced sweeping political and economic reforms. The international responses to Myanmar's reforms have been largely...
Persistent link: https://www.econbiz.de/10013048426
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...
Persistent link: https://www.econbiz.de/10012868121
Southeast Asia still has the potential to attract FDI from Korean firms even though the labor market environment has been changing at a very swift pace as of late. For example, as the increase in FDI improves the total factor productivity of firms operating in Southeast Asia, the wages of...
Persistent link: https://www.econbiz.de/10012993563
Corporate strategies should include the following consideration: earnest desire for entry into the domestic market maintaining sound labor relations and prompt response to rising wages securing professional workers with experience in the local market and sound location
Persistent link: https://www.econbiz.de/10012974022
This paper proposes to establish the Trilateral Economic Cooperation (TEC) with a view to strengthening the economic cooperation dialogue channels among China, Japan, and Korea. This TEC is expected to serve as a mid-term goal for achieving the Northeast Asian Economic Community and the East...
Persistent link: https://www.econbiz.de/10014153978