Economic relations between the United States and Korea : conflict or cooperation?
Author(s)
Bibliographic Information
Economic relations between the United States and Korea : conflict or cooperation?
（Special reports / Institute for International Economics, 8）
Institute for International Economics, 1989
Available at 41 libraries
Note
Proceedings of a conference held in Washington, D.C., Sept. 25-26, 1987, by the Institute for International Economics and the Korea Development Institute
Includes bibliographies
Description and Table of Contents
Description
Economic relations between the United States and Korea have been strained in recent years by growing conflicts over trade and macroeconomic policies. This collection of papers and commentaries examines the macroeconomic, exchange rate, trade, and sectoral policies of each country and how they interact. It reveals disagreement over the need for continuing appreciation of the Korean currency, but considerable consensus on reducing the US budget deficit, the benefits of further trade liberalization in both countries, and the need for US-Korean co-operation in the Uruguay Round of trade talks under the GATT. Included in the revised edition are two assessments of US-Korea relations and three papers commissioned to address the issue of Korea's exchange rate policy, which has become a source of friction in US-Korean relations. These three papers assess Korea's current exchange rate policy, alternative policy options, and the won/dollar negotiations.
Table of Contents
- Preface, C.Fred Bergsten and Bon-Ho Koo
- introduction and overview, Thomas O.Bayard
- the international economic position of Korea, Il SaKong
- US international macroeconomic policy, C.Fred Bergsten
- discussion, Soon Cho and Won-Am Park
- Korean international macroeconomic policy, Mahn-Je Kim and Sung-Tae Ro
- discussion, Rudiger Dornbusch and John Williamson
- Korea as a US trading partner, Michael B.Smith
- US trade policy - implications for US-Korean relations, Jeffrey J.Schott
- discussion, Jung-Ho Yoo and Brian Turner
- Korean trade policy - implications for Korean-US co-operation, Soo-Gil Young
- discussion, Anne O.Krueger and Sung-Hoon Kim.
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