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2016 KIEP Visiting Fellows Program 2016 KIEP Visiting Fellows Program 2016 KIEP Visiting Fellows Program 2016 KIEP Visiting Fellows Program 2016 KIEP 2016 KIEP Visiting Fellows Visiting Fellows Program Program [30147] Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si,Korea T. 82-44-414-1042 F. 82-44-414-1001 • www.kiep.go.kr The Korea Institute for International Economic Policy (KIEP) was founded in 1990 as a government-funded economic research institute. It is a leading institute concerning the international economy and its relationship with Korea. KIEP advises the EAER Abstracting and Indexing Services government on all major international economic policy issues and serves as a warehouse The East Asian Economic Review is indexed and abstracted in of information on Korea’s international economic policies. Further, KIEP carries out EconLit, e-JEL, JEL on CD, OCLC WorldCat, ProQuest, Google research by request from outside institutions and organizations on all areas of the Scholar, ECONIS, EconBiz, EBSCO, British Library and SSRN, Korean and international economies by request. Emerging Sources Citation Index (ESCI) and registered to Ulrichsweb, ITS·MARC, CrossRef and Korea Citation Index. KIEP possesses highly knowledgeable economic research staff. Our staff includes many research fellows with PhDs in economics from international graduate programs, NOTE FOR AUTHORS supported by dozens of professional researchers. Our efforts are augmented by our SUBMISSION GUIDELINE: affiliates, the Korea Economic Institute of America (KEI) in Washington, D.C. Call for Papers for the Refer to our website www.eaerweb.org and the KIEP Beijing office, which provide crucial and timely information on local and Click “Submission” menu at the top of the main page. economies. KIEP has been designated by the government as its Center for International SUBMISSION DEADLINE: Development Cooperation and the National APEC Study Center. KIEP also maintains East Asian The Journal is published every March, June, September and a wide network of prominent local and international economists and business people December of each year and submissions are accepted for review on an ongoing basis (No specific deadline). who contribute their expertise on individual projects. EWith conomicgreat pleasure, the East R Asianeview Economic Review is welcoming submissions. REVIEW PROCESS: KIEP continually strives to increase its coverage and grasp of world economic We have introduced a "fast-track" system, which takes four to five weeks on average from submission to the first round review events, and expanding cooperative relations has been an important part of these efforts. in order to provide quick and authoritative decisions to the In addition to many joint projects in progress KIEP is aiming to become a part of a AIMS and SCOPE authors. In general, the Journal's manuscript decision process broad but close network of the world’s leading research institutes. Considering the includes submission, editorial decision on whether the paper The East Asian Economic Review is an economic journal, for the should be reviewed, peer review, decisions after review, revision, rapidly changing economic landscape of Asia, which is leading to further integration promotion of interdisciplinary research on international economics. acceptance in principle, final submission and acceptance, proofs, of the world’s economies, we are confident that KIEP’s win-win proposal for greater Published as a quarterly by the Korea Institute for International advance online publication, and print publication. cooperation and sharing of resources and facilities will increasingly become standard Economic Policy, a Korean government-funded economic think- tank, the Journal is global in perspective and covers both theory and For further information regarding submission, practice in the field of economic research. empirical research. Contact EAER Editorial Office: The Journal aims to facilitate greater understanding of all issues [30147] 3rd Floor, Building C, Sejong National Research Complex, pertinent to diverse economies of East Asia through publication of 370 Sicheong-daero, Sejong-si, Korea. HYUN Jung Taik rigorous analyses by renowned experts in the field. The EAER connects Tel: 82-44-414-1171/1251 FAX: 82-44-414-1044 President policy and theory, providing empirical analyses and practical policy Email: [email protected] suggestions for the economies in the region. Website: www.eaerweb.org TOPICS COVERED AWARD FOR EAER The East Asian Economic Review brings together articles from many The East Asian Economic Review Award is given annually to articles different realms of economics at both regional and global levels. that have made exemplary contributions to advance the public Korea Institute for International Economic Policy Issues relevant to Esat Asia's diverse economy are the major focuses. as well as academic understanding of international economics. 370 Sicheong-daero, Sejong-si, 30147, Korea Specific areas of interest include, but are not limited to: Every article published in the Journal is given an honorarium of Tel: (8244) 414-1251 Fax: (8244) 414-1144 • Trade and Investment Issues • Economic Integration • APEC KRW 2,500,000; and annual nominations for the outstanding and www.kiep.go.kr • ASEAN • ASEM • International Finance • Liberalization of noteworthy articles include KRW 5,000,000 prize and a detailed Financial Services and Capital • International Cooperation for Korean nomination statement describing how the selected papers have Unification contributed to the knowledge of international economics 2016 KIEP Visiting Fellows Program The Contents of the KIEP Visiting Fellow Program do not reflect or represent the official opinion of KIEP. The KIEP Visiting Fellows Program is published with the aim of promoting discussions among researchers, and to remember the outstanding achievements by the visiting fellows who came to KIEP. KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP) 370 Sicheong‐daero, Sejong‐Si 30147, Korea Tel: (8244) 414‐1042 Fax: (8244) 414‐1144 URL: http://www.kiep.go.kr HYUN Jung Taik, President Published 2017 in Korea by KIEP ⓒ 2017 KIEP Acknowledgements In 2009, Korea Institute for International Economic Policy (KIEP) launched “Visiting Fellows Program (VFP)” with the view of advancing cross-border exchanges of knowledge, information, insights and expertise. Since its inception, the VFP has demonstrated that sharing thoughts and ideas through face-to-face contacts and dialogue works as a catalyst for enhancing mutual understanding among scholars and professionals with diverse background. By successfully implementing the VFP for the past 8 years, KIEP has been motivated to assume the role as a hub for international economic research in the region. As a host of the program, KIEP has many mandates. One of those tasks is to let more people know what has been accomplished through the program and how valuable it is. In an effort to do so, KIEP has published series of research every year. This volume, the 8th of its series, contains eight research papers contributed by 2016 Visiting Fellows. Publication owes many debts. Here I acknowledge just a few of them. First of all, I must express my deepest gratitude to the 2016 visiting fellows for their outstanding performances. My special thanks also goes to the Outreach Team and the staffs of the KIEP Publishing Team who worked very hard for the publication of this volume. The views expressed in this publication are the views of the author and do not necessarily reflect the views or policies of KIEP. KIEP does not guarantee the accuracy of the data included in the publication. HYUN Jung Taik President Korea Institute for International Economic Policy Notes on the Contributors Dr. Monan Zhang is an associate professor in the Strategic Research Department at the China Center for International Economic Exchanges in Beijing, China. She received her Ph.D. in Science and Engineering at Harbin Institute of Technology in Harbin, China. She was a visiting fellow from March 20th to April 19th in 2016. Dr. Benjamin Keddad is an associate professor in the Department of Economics at the Paris School of Business. He received his Ph.D. in Economics at Aix-Marseille University in Marseille, France. He was a visiting fellow from May 8th to June 4th in 2016. Dr. Sun Wei is a research assistant in Research Planning and Management at the Academy of Macroeconomic Research, National Development and Reform Commission (NDRC) in Beijing, China. He received his Ph.D. in International Relations at Renmin University of China in Beijing, China. He was a visiting fellow at KIEP from July 16th to August 14th in 2016. Dr. Zhang Luqin is a deputy director in the Public Administration and Social System Department at the Institute of Economic System and Management, NDRC in Beijing, China. She received her Ph.D. in Economics at Jinan University in Guangzhou, China. She was a visiting fellow at KIEP from July 16th to August 14th in 2016. Dr. Krishnarajapet V. Ramaswamy is a professor of Economics at the Indira Gandhi Institute of Development Research. He received his Ph.D. in Economics at the University of Delhi, in New Delhi, India. He was a visiting fellow at KIEP in October 2016. Dr. Partha Pratim Sahu is an assistant professor at the Institute for Studies in Industrial Development in New Delhi, India. He received his Ph.D. in Economics at the Jawaharlal Nehru University in New Delhi, India. He was a visiting fellow at KIEP in December 2016. Dr. Rabeh Mahmoud Saleh Morrar is an assistant professor in the Economics Department at An-Najah National University in Nablus, Palestine. He received his Ph.D. in Innovation Economics at Lille 1 University of Science and Technology in Lille, France. He was a visiting fellow at KIEP from December 16th, 2016 to January 14th, 2017. Dr. Oyungerel Baast is a senior researcher in Protected Area Management at the Institute of Geography and Geo-ecology, Mongolian Academy of Sciences in Ulaanbaatar, Mongolia. She received her Ph.D. in Geographical Sciences at the University of Education in Ulaanbaatar, Mongolia. She was a visiting fellow at KIEP from December 18th, 2016 to January 16th, 2017.
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