Wonkyu Shin

Soongsil University

1) Purpose: This study aims to survey and systematically exam how the World Bank, which identified itself as a financial institution, expanded its role as the Global Knowledge Bank in the field of international development that has been evolved, in which technical assistance/cooperation (TA/TC) become ever more important in the post-COVID era. 2)...

This chapter discusses three barriers to structural change. The first barrier is that export growth cannot be sustained in those countries where wage rates are higher than labour productivity and wages increase more rapidly than productivity growth. The second barrier is the double resource curse and associated vicious cycles. This barrier derives...

This article examines some of the distinctive characteristics of South Korean firms in relation to their research and development (R&D) and export activities affecting the efforts to retain intellectual property rights (IPR). In particular, this study shows how firms of different sizes (small and medium enterprises: SMEs vs. large-scale enterprises...

Purpose-This paper empirically investigates the competition effect of exports between Korea and China in their common-export markets considering market sophistication. Modern market sophistication includes an importing country's aggregate demand for products of high quality, design, novelty, eco-friendliness, and even IPR protection. Using an empir...

1) Purpose: The purpose of this study is to identify a series of development constraints for Sub-Saharan African (SSA) countries and to revisit the importance of governance quality that offsets the negative impacts of development constraints on economic growth in SSA. 2) Originality: Over the last decade, SSA countries have gained momentum through...

The export of agricultural, fisheries, and food products acts as an engine of growth for developing countries in particular. However, exporting these items is easier said than done since issues of certification and inspection, so-called technical barriers to trade (TBT) and sanitary and phytosanitary measures (SPS), in developed markets have worked...

Using bilateral trade data on WTO disputes from 1995 to 2010 within the framework of multilateral trade, this paper empirically investigates whether legally winning a WTO dispute leads to actual trade gains. This study helps to illuminate the efficacy of the WTO dispute settlement system and to understand the role of the system as an institutional...

How do decisions of the World Trade Organization (WTO) Dispute Settlement Body (DSB) relate to economic/trade gains? This is an important question to consider when evaluating the efficacy of the WTO DSB. Although it may seem obvious that a successful dispute resolution through the DSB would remove trade barriers and increase trade, the ruling effec...

The purpose of this article is to analyze the revival of industrial policies from the late 2000. s in Japan and Korea and their limitations. Our approach has two major characteristics. First, we adopt the perspective of historical institutionalism to focus on the relation between IPs and financial systems and study their evolution over the last 40...

Since the adoption of the 2030 Agenda for Sustainable Development and Sustainable Development Goals (SDGs) by the UN General Assembly in September 2015, interest in building effective development partnerships has grown in the both the international development discipline and practitioner community. Responding to this trend, many scholars and policy...

Over the past decade, a specific form of Korean popular music - K-pop - has enjoyed huge success around the world. Previous explanations have mostly focused on the demand side, such as intra-Asian cultural relations. This paper shifts the focus onto the supply side. Firstly, it presents new evidence on the scale of K-pop's success in markets - with...

The role of organizational technological innovations in economic development is empirically examined in this paper. The recent inventory trends since the 1980s have two interesting characteristics at the macro-level. First, the inventories have been declining over time. Second, the developed countries have smaller changes in inventories than that o...

Using bilateral trade data of countries from 2000 to 2007, this paper contributes to the empirical literature on the role of intellectual property rights (IPRs) in global trade. The existing literature has focused on how IPRs in the destination country affect exports from a source country. In this paper, we add an additional dimension: the level of...

The paper identifies the need for improvements in policy space for developing and least developed countries under the current world trading system by examining the use of WTO dispute settlement system with descriptive statistics and case studies. The paper shows an asymmetry in the utilization of the dispute settlement system and the consequence of...

Technology research and development (R&D) expenditures have increased as most countries recognize that technological innovation is a significant factor for continued economic growth. R&D subsidies by governmental entities were permitted in accordance with the Subsidy and Countervailing Measure (SCM) Agreement under the World Trade Organization (WTO...

This paper first shows the key role of the Korean entertainment firms in the K-pop wave: They have found the right niche in which to operate — the ‘dance-intensive’ segment — and worked out a very innovative mix of old and new technologies for developing the Korean comparative advantages in this segment. Secondly, the paper focuses on the most sign...

In an integrated world, no country is free from a possible downturn in business cycles, which entails fluctuations of export growth. However, FDI seems to stabilize exports during the crisis while reaping its own benefits in all times. With recent data from OECD countries, our new approach regarding FDI openness and diversification is introduced to...

Proliferating free trade agreements (FTAs) in recent years may have conflicting effects on anti-dumping (AD) uses among FTA parties. On the one hand, an FTA may increase a country's AD activities to protect its domestic industries from the increased import flows from other parties. On the other hand, an FTA supposedly helps reduce the use of AD mea...

Proliferating FTAs in recent years may have conflicting effects on antidumping uses among FTA parties. On the one hand, an FTA may increase a country’s anti-dumping activities to protect its domestic industries from the increased import flows from other parties. On the other hand, an FTA supposedly helps reduce the use of anti-dumping measures to a...

Based on just-in-time cum quality control (JIT/QC), the Lean Production System (LPS), as a one of the most significant organizational cum technical innovations in industrial development, has started in Japan and subsequently evolved in many industrialized economies, such as the USA, Korea and other countries. Its main characteristics are concentrat...