• East Asian Economic Review
• /
• v.25 no.4
• /
• pp.339-360
• /
• 2021

More donors are formally assessing their multilateral aid disbursement policies as well as the multilateral institutions that they contribute to. Analyzing OECD Creditor Reporting System data from 2011 to 2019 of 23 donors and 34 multilateral organizations, we find evidence of institutional portfolio building of donors to align multilateral and bilateral aid channels. Such tendency is more pronounced for core-funding than multi-bi funding and much stronger at the recipient country level than at the sectoral level. Smaller donors that operate from a limited multilateral budget show greater preferences for geographical similarity. When donors give to institutions with sectoral specialization, they seek sectoral similarity with their bilateral aid.

• Journal of Environmental Science International
• /
• v.7 no.6
• /
• pp.735-744
• /
• 1998

This research emphasizes the necessity of building a multilateral environmental cooperation. The Process and Problems of multilateral environmental cooperation system are discussed, and some policy proposals are suggested. Especially for Northeast Asia, a comprehensive multilateral environmental cooperation system is required because of transborder pollutions. Within the contractual environment, international institutions can help the parties of conference to build up national capacity to cope with environmental threat.

• Korea Trade Review
• /
• v.44 no.3
• /
• pp.1-14
• /
• 2019

We compared and analyzed the effects of establishing multilateral FTA and bilateral FTA on the R&D investment of exporting firms when they compete in Cournot fashion and when the government of the importing country acts strategically. In the short run, we found that the importing country prefers to enter into a bilateral FTA with each exporting country separately for maximizing its welfare. However, we also found that, in the long run, it is more welfare-enhancing policy for importing country that entering into a multilateral FTA with all of the exporting countries simultaneously because it helps facilitate the R&D investment of exporting firms. But once entering into a multilateral FTA, the exporting firms would be faced with more intensive R&D investment competition and hence they would suffer severe welfare loss.

• The Journal of Industrial Distribution & Business
• /
• v.10 no.1
• /
• pp.69-76
• /
• 2019

Purpose - The purpose of this paper is to empirically investigate the effectiveness of Offcial Development Assistance (ODA) in recipient countries' economy. ODA is designed to mitigate poverty and stimulate economic growth in the developing countries. We classify total ODA into bilateral ODA and multilateral ODA depending on the number of donor countries. If the ODA flows from one donor country to one recipient country, it is classified as bilateral ODA. If the multiple countries simultaneously become donor countries through the international organizations such as United Nations and World Bank, it is classified as multilateral ODA. This paper compares the effect of bilateral ODA and multilateral ODA in determining recipient countries' economic development, and tries to provide policy implications to Korean ODA. Research design, data, and methodology - Our primary explanatory variables are bilateral and multilateral ODA. Private credit in recipient countries is adopted as additional explanatory variables to capture the level of financial development in recipient countries. We measure the ODA effectiveness using economic growth and quality of life of the recipient countries as the dependent variable. We collect 142 recipient countries' data from OECD statistics, during the period from 1970-2014. Panel least squares estimation with country fixed effect is employed as the empirical model. Results - Our results support that ODA variable has a negatively significant impact on recipient countries' economic growth, while it is positively correlated with human development index. Recipient countries' private credit is positively correlated with economic growth and human development index. The interaction variable of ODA and financial development turns out to be significant in general. We find that the positive effect of ODA depends on recipient countries' financial market development and this effect is stronger in multilateral aid than bilateral one. Conclusions - From the analysis, we have confirmed that the recipient countries financial development is the necessity condition to achieve positive effect of ODA. Based on these results, we suggest that Korean government should increase the share of multilateral funding and pay attention to recipient countries' financial market development to maximize the effectiveness of ODA.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
• /
• v.68
• /
• pp.171-195
• /
• 2015

The large increase in RTAs since the late 1980's has challenged the foundations of the multilateral trading system, and thereby has become an axis in the GATT/WTOsystem.While RTAs can be seen to be contradictory to the overall aim of the WTO, they were allowed for in Article XXIV of GATT conditional to certain provision. The failure of compliance and subsequently enforcement of these provisions could be seen as a serious flaw of Article XXIV since the inception of GATT system. Many elements of GATT Article XXIV are not clear and thus lead to divergent interpretations of its disciplines. This considerable divergence in opinions arise from both ambiguities throughout the provisions under GATT Article XXIV. In this regard, both economic and legal work is required to keep up with constantly changing nature of the world trading system. Further, global efforts are required to resolve another teething issue of WTO's problematic institutional framework on GATT/WTO's oversight and surveillance of RTAs. and thereby strengthen the multilateral trading system. Needless to say, theGATT/WTOframework has been essential in paving the way for RTAs while ensuring a more multilateral and liberal trading system. Consequently, global efforts should be made to restructure the WTO for the renewed multilateral trade liberalization in the GATT/WTO.

• Journal of Environmental Science International
• /
• v.23 no.2
• /
• pp.231-238
• /
• 2014

There were many attempts to increase the level of environmental cooperation in Northeast Asia. However, intergovernmental cooperation has not brought a substantial effects so far. This article aims to provide a model for multilateral joint research of environmental technologies. Each field of environmental problem requires a Consortium of joint research team and R & D mechanism. This model emphasizes joint-funding, tax-break for environmental investment and the importance of multilateral contract.

• Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
• /
• v.8 no.4
• /
• pp.269-277
• /
• 2010

Various multilateral approaches to the nuclear fuel cycle have been proposed in order to suppress the expansion of sensitive fuel cycle technology. In order to prepare for the future multilaterallization of the nuclear fuel cycle, existing multilateral spent fuel management programs are analyzed. A trial multilateralization of a domestic R&D facility for the back end of the nuclear fuel cycle is proposed and its challenges, possibilities and implementation strategy are discussed.

• Journal of Korean Society on Water Environment
• /
• v.25 no.2
• /
• pp.235-244
• /
• 2009

The purpose of this study is to offer information about the current river conditions and basic data of streams in Busan city, by selecting 20 underground streams and evaluating their multilateral stream assessment. Concerning the evaluation of streams, 4 sections including the general index, the bank index, the river characteristic index, and the ecological environment characteristic index were evaluated. Ahead of the evaluation, the study divided Busan city into 4 zone for a systematic river investigation. Then, the study allocated code names to each river, and conducted literature research and a field survey of streams. Based on this, the study applied the evaluation of multilateral stream assessment. As a result, out of 4 entire grades, there was no grade 1 or grade 2. Instead, 35% were grade 3, 60% were grade 4, and 5% were grade 5. When looking into the evaluation results by Zone, the Dongbusan Zone showed the highest index, and the Suyeonggang Zone, the Jungbusan Zone, and the Nakdonggang Zone followed, in order.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
• /
• v.68
• /
• pp.149-169
• /
• 2015

Recently, it's a trend that the third party outsourcing logistics will be increased a logistics flow from law material to final products. The government also works on promoting logistics company as securing the expertise for strengthen logistics industry and secure competitiveness. Nevertheless, logistics market have been divided by polarization between small logistics company and major company. Also a labor who work for logistics is being caused by worsened working conditions. That is one of results of the survey. Almost 50% of response are they have not been aware of FTA and have not known to need the FTA. Many respondents said that entering the overseas logistics or a new way like FTA will be difficult to take part in. Therefore I suggest several examples in this paper to encourage a vitalization of small logistics company through the multilateral FTA. Now our country needs to make an effort to maximize connections between multilateral FTA and policy effect by signing FTA with many countries and extending Economic territory. This effect can completely cope with the improvement of economic interests, establishing regional integration strategy and change of global supply chain. Therefore, a small business logistics have to make their competitiveness & a new dealing market in the future.

• Asia-Pacific Journal of Business
• /
• v.14 no.1
• /
• pp.381-396
• /
• 2023

Purpose - The purpose of this study was to analyze environmental and labor issues and related norms, which are new trade issues that are expanding in bilateral and multilateral trade agreements, and examine the possible impact of these norms on domestic fisheries policies. Design/methodology/approach - In this study, literature research was used as the main research methods. The comparative analysis of international norms and multilateral trade agreements texts related to the environment, labor and trade were conducted. Findings - The new trade norms in the fisheries sector can be represented by labor and environment issues. Since domestic environmental and labor standards do not fully meet the standards of the multilateral trade agreements, it is necessary to ensure that domestic norms are supplemented and relevant policies are newly established through a review of international law on environment and labor. Research implications or Originality - This study confirmed that international norms related to labor and environment in the fisheries sector are mixed with soft norms and binding norms, and each norm is linked in a multi-layered and mutual way. Such international norms are being strengthened in connection with trade agreements and issues.