NEWSLETTER

THE KOREA-AMERICA ECONOMIC ASSOCIATION
Vol. XV,  No. 3,   September, 1999

Editor: Dr. Young Back Choi
Edited & Designed for the Web by Hae-shin Hwang


 
CONTENTS
1. KAEA Conference
2. KAEA-SEA Meeting
3. KAEA-ASSA Meeting
4. Member News
5. Membership Dues


 
KAEA CONFERENCE
The Korea-America Economic Association
presents
an economic outlook conference
on
Two Koreas: Towards One Economy

 
Date : October 4 (Monday) - October 5 (Tuesday), 1999
Place :  The Westin Grand Hotel
2350 M Street NW, Washington, D.C. 20037
Tel: 202-429-0100  Fax: 202-429-9759
webpage: http://www.westin.com

 

PROGRAM

Monday, October 4

8:00-9:00 a.m.    Continental Breakfast & Registration

9:00-9:15 a.m.   Welcome and Opening Remarks
Dr. Yesook Merrill, U.S. General Accounting Office
Dr. Semoon Chang, President, The Korea-America Economic Association

9:15-10:45 a.m. Implications of the US-DPRK Berlin Agreement: Panel Discussion
Chair: Dr. K. A. Namkung, The Atlantic Council of the United States
 
Panelists
Mr. Evans Revere, U.S. Department of State
Mr. W. Rob Warne, Korea Economic Institute of America
Dr. Ok-Nim Chung, The Brookings Institution
Dr. Yoon Shik Park, The George Washington University

 
General Discussion

10:45-11:00 a.m. Refreshment

11-12:20 a.m.     Economic Cooperation: Introduction
Chair: Dr. E. Han Kim, University of Michigan
 
Speakers
Dr. Youn-Suk Kim, Kean University
     "Economic Cooperation Between the North and the South: Historical Analysis"
Mr. Marc Vogelaar, Korean Peninsula Energy Development Organization
     "KEDO: A Progress Report"
Dr. Marcus Noland, Institute for International Economics
    "The Implications of Increased Economic Integration"
 
Discussants
Dr. Sung Yeung Kwack, Howard University
Mr. Joel Wit, U.S. Department of State
Dr. Suchan Chae, Rice University
 
Questions & Answers

12:20-2:00 p.m.   Luncheon
ModeratorDr. Semoon Chang, Korea-America Economic Association
 
Speaker
Hon. Donald Gregg, The Korea Society
    "Recent Developments in US-DPRK Relationship: Implications for Inter-Korean
     Economic Cooperation"

2:00-3:45 p.m.    Economic Cooperation: Nuts and Bolts
Chair:    Dr. Wontack Hong, Seoul National University
 
Speakers
Dr. Gill-Chin Lim, KDI Graduate School of International Policy & Management, and Dr. Joon Han, Hallym University
      "North-South Cooperation for Food Supply: Demographic Analysis and Policy Directions"
Drs. Chinkook Lee, Xinshen Diao, John Dyck, & Agapi Somwaru, USDA
      "Can Reindustrialization of North Korea Support a Sustainable Food Supply?"
Dr. Hong-Tack Chun, Korea Development Institute
     "Economic Relations between North and South Korea under the 'Sunshine' Policy"
 
Discussants
Dr. Bong J. Yoon, State University of New York at Binghamton
Dr. Jongmoo Jay Choi, Temple University
Dr. Soon Paik, U.S. Department of Labor

3:45-4:00 p.m.   Refreshment

4:00-5:00 p.m.   Issues on Economic Coopration: Panel Presentation
ChairDr. Chong Soo Pyun, University of Memphis
 
Speakers
Dr. Young Back Choi, St. John's University
      "Costs and Benefits of Unification"
Dr. Sang Taek Kim, Korea Information Society Development Institute
      "The Role of the Telecommunication Industry in Preparing for the Unification of Korea"
Dr. Whee Gook Kim, President, East-West Research Institute
      "From Military Confrontation to Economic Cooperation: A New Paradigm for Inter-Korean Relations"
 
General Discussion

6:00-8:30 p.m. Reception & Dinner at Korean Ambassador's Residence

Tuesday, October 5

8:00-8:30 a.m.    Continental Breakfast & Registration

8:30-10:15 a.m.    Topics on Unification
ChairDr. Sung Hee Jwa, Korea Economic Research Institute
 
Speakers
Dr. Jeong-ho Roh, School of Law, Columbia University
      "Korean Unification and Legal System"
Dr. Chung-in Moon, Yonsei University
      "Korean Unification and Political & Administrative Foundation"
Dr. Kun-Young Yun, Yonsei University and Harvard University
      "Designing Economic Institutions for Korean Unification"
 
Discussants
Mr. L. Gordon Flake, The Mansfield Center for Pacific Affairs
Mr. Stephen Costello, ProGlobal
Dr. Yung Y. Yang, California State University - Sacramento
Dr. Kyttack Hong, Chung-Ang University
 

10:15-10:30 a.m. Refreshment

10:30-12:00 a.m. Where Do We Go From Here?
ChairDr. John Merrill, U.S. Department of State
 
Panelists
   Dr. Leon Sigal, Social Science Research Council
   Dr. David Steinberg, Georgetown University
   Dr. Katy Oh, Institute for Defense Analysis
   Dr. Kenneth Quinones, Mercy Coprs International

12:00-1:30 p.m. Luncheon
PresidingDr. Semoon Chang, Korea-America Economic Association
 
Speaker
Hon. Tony Hall (D-Ohio), U.S. House of Representatives
      "Humanitarian Diplomacy: Foundation for Reconcilliation and Economic Partnership"

CO-SPONSORS

The Korea Society
The Korea Economic Association

CONTRIBUTORS

Korea Foundation
Korea Electric Power Corporation
Korean Economic Association
Maeil Business Newspaper
Korea Development Institute (KDI)
KDI School of International Policy and Management
Korea Economic Research Institute (KERI)
Korea Economic Institute of America
Korea Information Society Development Institute
The Atlantic Council of the United States
SK Telecom
Yonkang Foundation
The East-West Research Institute



 
KAEA-SEA SESSION IN NEW ORLEANS
Korean Economic Issues
Date    November 23,1999
Time    8:30-10:15 a.m. Place

Chair: H. Youn Kim, Western Kentucky University

    Paper presenters
    1. Yong U. Glasure, Wayland Baptist University, "A Note on Money, Income, and Dynamic Lag Patterns"
    2. Yong-Seong Kim, University of Michigan, "The Determinants of Labor Disputes in Korea: Using Firm-level Data for 1993-1995"
    3. H. Youn Kim, Western Kentucky University and Tong Hee Kang, Kunsan National University, "Consumption, Risk Sharing, and Precautionary Saving: Evidence from Korean Households"
    4. Haksoo Ko, Columbia University, "An Analysis of Venture Capital Contracting in Korea - A Comment on the Special Law to Promote Venture Capital Companies"

    Discussants:

    1. Yong U. Glasure, Wayland Baptist University
    2. H. Youn Kim, Western Kentucky University
    3. Haksoo Ko, Columbia Law School



 
KAEA Annual Meeting in Boston
Academic Sessions and Business Meeting

The final program of the KAEA annual meeting in Boston is now available in pdf format, which you can dowload by clicking on the KAEA PROGRAM .



 
MEMBER NEWS
Suk H. Kim (Univ. of Detroit Mercy) is the editor of Multinational Business Review. Interested parties should send their manuscript to Suk H. Kim, Editor, Multinational Business Review, University of Detroit Mercy, P.O. Box 19900, Detroit, MI 48219-0900, USA. e-mail: kimsuk@udmercy.edu. Submission fee is $20.00 for the subscriber and $40.00 for the non-subscriber.

C. S. Pyun (University of Memphis) has been selected as the 1999 recipient of the University Teaching Excellence Fellowship Award, that carrys extra stipend of $10,000 a year for three years. I am expected to redesign and improve the instruction of the introductory finance course with Internet interactive resources and technology.



 
MEMBERSHIP DUES

Of the 275 currently listed in the KAEA Membership Directory, only 60 members have paid their dues to date, (not counting 22 junior members for whom due is waived.)

KAEA should strive to increase due-paying membership. There are many benefits in being a due-paying member. For example, due paying members are being generously subsidized in their participation in the forthcoming DC conference on the economic relationships between two Koreas. In the past, KAEA has not discriminated against "non-members", i.e., those who do not pay dues. But too many have tried to free-ride and the existence of the organization has been jeopardized, despite the numerous benefits KAEA has rendered for its "members". In the future, KAEA will be more discriminating in conferring benefits. We have begun to do so in the forthcoming DC conference. All formal participation in the future KAEA sponsored functions--which are numerous and valuable, e.g., KAEA-SEA sessions, KAEA-ASSA sessions, not to mention the biennial KAEA-KEA conference in Seoul, etc.--will be limited only to due paying members.

If you need a membership application form, you may print out the form in the pdf format from the Annual Membership Application Form in the pdf format if you need one.

In the mean time, Prof. Riew at Penn State has made the following excellent suggestion:

"When you fill out the registration form for year 2000 ASSA, please check as your primary membership '7: None of the above' and write in 'KAEA'. ASSA tallies the membership checks to allocate sessions accordingly among associations in the following year."

All those who plan to attend the ASSA meetings should heed to Prof. Riew's advice. Doing so will not cost you anything extra, but it will help the status of KAEA vis-a-vis ASSA and will enable KAEA to offer more sessions in the future.