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Introduction and Overview
Affiliations of the Contributors
Keynote Address
Are Mega Free Trade Agreements the Best Alternative for Advancing Global Trade Liberalization? / Cae-One Kim
Session 1 Prospects for the Region’s Economies
Assessing Macroeconomic Policies in the US in Response to the Great Recession / David J. Stockton
Introduction
Key Characteristics of the Recession and Recovery
The Response of Monetary and Fiscal Policies
Prospects for US Macroeconomic Policies and the Implications for the Economy
Risks to the US Outlook and the Implications for the North Pacific Economies
Conclusions
Challenges and Opportunities in China’s Economy / Wang Yijiang
Introduction
Economic Challenges for China
New Opportunities
Concluding Remarks
Abenomics and Beyond: The Japanese Economy in the 2010s / Tokuo Iwaisako
Introduction
Brief Chronology of Abenomics
Japan’s Macroeconomic Performance under Abenomics
Potential Dangers for Abenomics
Conclusion
Prospects of the Korean Economy / Il Houng Lee and Seongman Moon
Introduction
Searching for Lost Economic Growth in Korea
Reasons for the Decline in Domestic Demand Growth
Conclusion
Commentary:
Prospects for the Region’s Economies: Discussion on Session 1 Papers / Sang-Hyop Lee
Report of the Session Rapporteur:
Prospects for the Region’s Economies: Overview by Session Rapporteur / Michael G. Plummer
Session 2 Pathways toward Trade and Investment Integration in the North Pacific Region
The Trans-Pacific Partnership (TPP) as a Pathway to Asian Integration / Deborah Elms
The Goal: Free-Trade Area of the Asia-Pacific (FTAAP)
Two of Four Pathways in Play
The Launch of the TPP
Specific Benefits of the TPP: Market Access for Goods
Additional TPP Provisions
Last-Minute Shaving of Quality?
TPP Timelines
TPP Institutional Framework
Trade and Investment Diversion Coming
Circling Back to the FTAAP
The Regional Comprehensive Economic Partnership (RCEP): Design, Status, and Challenges / Zhang Jianping and Nie Wei
Status of RCEP Negotiations
Dilemma of RCEP Negotiations
Compared with TPP, Is RCEP More Welcomed by Developing Economies in the Asia‑Pacific Region?
Challenges of the RCEP under the Framework of Five “10+1” FTAs
General Perceptions or Concerns about FTAs in China
Implications of RCEP for FTAAP Proposals
Implications of the RCEP for the North Pacific Economies
Conclusion
China–Japan–Korea Free Trade Agreement (CJK FTA): Design, Status, and Challenges / Dukgeun Ahn
State of the Play of the CJK FTA
CJK Trade and Economic Assessment Result
Mega FTA Competition and CJK FTA
Issues for Negotiation
Challenges Ahead
Commentaries:
Pathways toward Trade and Investment Integration in the North Pacific Region: Comments / Kiyoun Sohn
Pathways toward Trade and Investment Integration in the North Pacific Region: Discussion of Papers Presented in Session 2 / Michael G. Plummer
Report of the Session Rapporteur:
Pathways toward Trade and Investment Integration in the North Pacific Region: Overview by Session 2 Rapporteur / Theresa M. Greaney
Session 3 Assessing Economic and Social Change in North Korea
Can North Korea Follow China’s Path of Reform and Open Door Policy? / Zhou Huji
China’s National Security, the Transformation of Political Concept and Open Door Policy
Kim Jong Il’s Political Ideas and Survival Strategy
“Songun Politics”: One of the Political Survival Strategies
Improved Leader Worship: One of the Political Survival Strategies
“7.1 Measures”: Economic Survival Strategies
Nuclear Development and Asymmetric Dampening: International Survival Strategy
Survival and Emerging from the Crisis: Conclusion and Discussion
Economic Developments in North Korea / Marcus Nolan
Introduction
Internal Developments
External Relations
Illicit Activities
Conclusions
The Current Situation and Future Prospects of the North Korean Economy / Dongho Jo
Introduction
The Current Situation
The Reaction of the North Korean Leadership
The Future Prospects
Commentaries:
Assessing Economic and Social Change in North Korea: Discussion on Session 3 Papers / Hyung-Gon Jeong
Assessing the Economic and Social Change in North Korea: Discussion on Session 3 Papers / Nicholas Eberstadt
Report of the Session Rapporteur:
Assessing Economic and Social Change in North Korea: Overview by Session 3 Rapporteur / Anjali Nath
Roundtable Discussion on Strengthening North Pacific Cooperation
North Pacific Integration from an International Financial Perspective / Hiroyuki Ito
Introduction
Interest Rates Linkages and Their Implications on Monetary Policy Management
“Internationalization” of the Renminbi
Conclusion
Comments Based on the Roundtable Discussion / Tokuo Iwaisako
Comments Based on the Roundtable Discussion / Jong Seok Kim
“The Asian Paradox”
The Limits of Bilateral Talks
The Need for Multilateral Dialogs
Soft Issues
Harmony in Diversity
Comments Based on the Roundtable Discussion / David J. Stockton
The Global Influences of Half of the World: Comments on North Pacific Cooperation / Wang Yijiang
Report of the Session Rapporteur
Strengthening North Pacific Cooperation: Overview by Roundtable Rapporteur / Duyen Bui
Conference Program
Program
List of Participants
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Strengthening North Pacific Cooperation
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The North Pacific Lens: Contributions of the North Pacific Arctic Conference
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Three Difficulties for the North Korean Economy and Inter-Korean Cooperation
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Understanding China’s Economic Engagement with North Korea: Realities and Problems
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2015 .01
The Changing Structure of Economic Cooperation between China and North Korea
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An Analysis of the State of North Korea’s Human Security and the Possibility of Inter-Korean Exchange and Cooperation
The Korean Journal of Security Affairs
2022 .06
International Humanitarian Assistance and Multilateral Cooperation in North Korea
[KIEP] World Economy Brief
2023 .04
남북 개발협력을 통한 북한 경제개발구 개발 연구
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2015 .04
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2015 .12
북·중 분업체계 분석과 대북 경제협력에 대한 시사점
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2015 .12
남북경제공동체 형성을 위한 평화경제협력지대 추진 전략
Journal of North Korea Studies
2020 .01
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2015 .07
Economic Opportunities Amid Improving Inter-Korean Relations and Denuclearization Talks
[KIEP] KIEP Opinions
2018 .06
Why China Has Supported North Korea: An Asymmetrical Dependent Relationship between China and North Korea from 1995 to 2016
The Korean Journal of Defense Analysis
2021 .12
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