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Korea Institute for International Economic Policy (KIEP)

C.P.O. Box 235 So-Cho, Seoul 137-602, Korea
Tel: (82) 2-3460-1100 Fax: (82) 2-3460-1111


History:
KIEP was established by the South Korean government in August 1989, with the hope that the institute would act as an economic think tank that provides a practical academic perspective on various international economic policy issues and that contributes to the sustained dynamic growth and prosperity of the nation as it heads toward the next century.

Legal Status:
Semigovernmental

Representative Officers:
Yoo, Jang Hee (Ph.D., Texas A&M University, Economic), President
Bark, Tae-Ho (Ph.D., University of Wisconsin-Madison), Vice-President
Cho, Lee-Jay (Doctoral Degrees from University of Chicago, Tokyo University, and Keio University), Research Advisor
Lee, Jae-Sung (Ph.D., University of Pennsylvania), Director, Research, Planning, and Coordination

Objectives:
KIEP is an autonomous, nonprofit research institution established to perform the following functions:
  • Monitor and analyze world economic trends to contribute to the knowledge and understanding of emerging international economic issues and problems
  • Provide a practical response to international economic policy issues faced by the government of South Korea and through research studies, assist the government in formulating appropriate policies and strategies
  • Serve as a clearinghouse for information on international economic development in view of the increasing needs of South Korean firms and industries to expand trade and business opportunities abroad
  • Offer appropriate consulting services on various International economic issues to the government, industries, and other institutions
  • Strengthen linkages with international networks in an effort to promote economic cooperation among countries throughout the world
  • Publish and disseminate research findings for the use of the government, business, and general public in the form of books, monographs, reports, occasional papers, conferences, and other means of communications.

Major Activities:
  • Seminar: the Institute holds various conferences
  • Funding and Organizing:
    • Established and funds Korea Economic Institute in Washington, D.C., in order to promote economic relations between the United States and South Korea through public programs, including conferences, roundtables, etc.
    • Facilitate the Secretariat of the Korea National Committee for Pacific Economic Cooperation in order to promote cooperation among countries of the Pacific region
    • Organize various educational programs such as the KIEP/Harvard Negotiation Programs
    • Other activities such as assisting the South Korean government in the formulation of trade-related policies, the training of area specialists, and the promotion of cooperation with institutes around the world through conferences and seminars
  • Research on:
    • International economics studies
    • International policy studies
    • Economic cooperation studies
    • Studies on socialist economies in transition

Financial Profile:
Government budget

Asia Pacific-Related Programs:

Conferences
  • Analysis of the Competitiveness of Korean Products in Japan
  • Analysis of Korean Competitiveness in the Chinese Transport Market
  • China's Industrial Policy in the 1990s: Feasibilities and Constraints
  • Japan's Technology Transfer Policy to Asia and Korea's Policy Response
  • Reform of China's State Enterprise: Evaluation and Prospects
  • Role of the Subcontracting System in Strengthening the Competitiveness of the Japanese Automobile Industry
  • Strategic Partnership and Globalization of Technological Development
  • Study on the Japanese Exchange Rate Policy
  • Taiwan's Foreign Direct Investment Current Situation and Policy Implications

Collaborating Organizations:

Center for Area Studies Affiliated with KIEP
  • History:
    The Center for Area Studies was established on January 1, 1992, to support economic policy making by systematically investigating and analyzing information related to the North Korea. The centerŐs predecessor was the International Private Economic Council of Korea, which was established to conduct business with the North Korea in place of the government in October 1988. This council, however, was dissolved according to the government's "KIEP-IPECK Consolidation Plan" in December 1991. The center took its current name in October 1992 and later expanded its activities to cover a broader range of areas, including South Asian countries and Latin American countries.
  • Functions:
    • Investigate and research the economic relations (trade, investment, technological cooperation, etc.) of countries/regions, such as China, the Commonwealth of Independent States, Central and Eastern European countries, Vietnam, Mongolia, South Asian countries, and Latin American countries
    • Collect, analyze, and publish recent economic information on the area
    • Analyze and report the political and economic trends in countries of concern
    • Research short-term policies
    • Train area specialists.
  • Director:
    Lee Chung Nyung (B.A., Department of Political Science, Yonsei University)

--As of September 1996


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