Tagged on: Republic of Korea

Reports and Books
2004 Green Korea: Building an Eco-Community for the 21st Century
Republic of Korea, Ministry of Environment

Following the proclamation at the World Summit on Sustainable Development that environment, economy, and society cannot be separated but are inextricably linked, humanity has been working on implementation measures to address major issues of our day such as environmental conservation, poverty eradication, consumption and production patterns, and natural disasters. we believe global collaboration and action are moving us step by step towards the common good of sustainable development.


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2004
Annual Reports
Asian Development Outlook 2004 Update
Asian Development Bank

Developing Asia and the Pacific will grow at 7.0% in 2004, outperforming ADO 2004 forecast of 6.8%. Rebounding exports and buoyant intraregional trade boosted growth, says the ADO 2004 Update. For 2005, as external demand levels off and high oil prices filter through domestic demand, growth forecast is scaled back to 6.2%, from the 6.7% forecast in April. This issue of the Update also assesses different scenarios relating to the short-term impacts of a PRC slowdown and sustained high oil prices on the region.


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2004
Annual Reports
Asian Development Outlook 2004: Foreign Direct Investment in Developing Asia
Asian Development Bank

The annual Asian Development Outlook provides a comprehensive economic analysis of 41 economies in developing Asia and the Pacific. On the basis of the Asian Development Bank's unique knowledge of the region, this 16th edition overviews aggregate trends and medium-term prospects by subregion–East Asia, Southeast Asia, South Asia, Central Asia, and the Pacific–in the context of global economic movements. The region's developing economies generally showed remarkable resilience in 2003. Despite the uncertainties generated by the Iraq conflict, high oil prices, the outbreak of the severe acute respiratory syndrome (SARS) epidemic, and a slow recovery in major industrial countries during the first half of the year, economic growth reached 6.3% in 2003, making it the most dynamic region in the world. Intraregional trade and strong consumer demand will define the outlook for developing Asia in 2004-2005. The stronger outlook for industrial countries over that period will provide a cushion against a possible slowing of surging exports to the People's Republic of China. It will also soften the impact of fiscal consolidation measures that need to be taken in some regional economies. The Asian Development Outlook 2004 includes a chapter on foreign direct investment (FDI) in developing Asia. It argues that, based on a study of a diverse group of developing Asian countries with large or rapidly rising inflows of FDI, the international benefits of FDI are, in fact, highly variable but not necessarily cost-free. The magnitude and productivity of capital flows are dependent on the establishment of an enabling, business-friendly commercial environment, consistent with national development objectives. In this context, a useful paradigm is the \"three i's\"–incentives, institutions, and infrastructure.


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2004
Serials
Korea Environmental Policy Bulletin - Environmental Impact Assessment in Korea
Republic of Korea, Ministry of Environment

In the latter half of the 20th century, rapid industrialization and population growth aggravated environmental problems such as the depletion of resources, global warming, and destruction of the natural environment, giving rise to concerns about the loss of nature’s self-purification capacity. However, conventional responses were limited to the regional level, in addition to being both passive and fragmented, and thus insufficient to tackle increasingly complex and diverse environmental problems. More proactive environmental management policies that could address environmental problems in an organized, comprehensive and preventative manner were called for. Accordingly, the Environmental Impact Assessment (EIA) was adopted as part of the preventative efforts to create harmony between development and conservation and to consider the environmental effects of development activities in advance.


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2004
Reports and Books
2003 Green Korea: Towards the Harmonization of Humans and Nature
Republic of Korea, Ministry of Environment

The Republic of Korea will develop and implement various environmental policies to realize environmental soundness, economic efficiency and social balance. Major Environmental Policies and Activities post 2002 FIFA World Cup


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2003
Annual Reports
Asian Development Outlook 2003 Update
Asian Development Bank

The analyses of macroeconomic trends, policy developments, and short-term forecasts for the developing member countries of the Asian Development Bank presented in the Asian Development Outlook 2003 (ADO 2003) published in April 2003 are reviewed in this Update. Despite significant economic shocks linked to the conflict in Iraq, higher oil prices, and the outbreak of the severe acute respiratory syndrome (SARS) epidemic, growth in the Asia and Pacific region continued to be robust during the first three quarters of 2003. This achievement is remarkable as it occurred despite a weaker than expected recovery in the major industrial countries in the first half of 2003. Hence, the projection for aggregate gross domestic product (GDP) growth for 2003 is unchanged compared to that made in ADO 2003, and the GDP forecast for 2004 has now been revised upward.


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2003
Serials
Korea Environmental Policy Bulletin - Volume-Based Waste Fee System
Republic of Korea, Ministry of Environment

In order to reduce waste generation at the source and maximize waste recycling, the Korean government introduced the Volume-Based Waste Fee (VBWF) system in 1995. In Korea, local municipalities have a responsibility to collect, recycle and treat municipal solid waste from household, small business and commercial sectors. Traditionally, all municipalities levied waste fee on each household through property tax or monthly lumpsum fee. Under this fixed-fee system, cost per each residence remained constant regardless of the amount of waste generated, which created a false impression that management services of municipal solid wastes are free of charge. Households and commercial sectors are required to purchase designated VBWF bags to throw away their garbage under the VBWF system. This way, the public has more incentive to generate less waste because they pay for waste treatment in proportion to the amount they dispose. By providing a free collection mechanism for recyclable waste, VBWF induces the public to be more active in waste separation and promotes waste recycling.


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2003
Annual Reports
Asian Development Outlook 2002: Preferential Trade Agreements in Asia and the Pacific
Asian Development Bank

This 14th edition of the Asian Development Outlook provides a comprehensive analysis of 41 economies in Asia and the Pacific, based on the Asian Development Bank's in-depth knowledge of the region. For the first time, the Outlook includes a section on Afghanistan. It also provides a broad diagnosis of macroeconomic conditions and growth prospects as they relate to progress in poverty reduction in the economies of the region. Economic growth in developing Asia and the Pacific slowed markedly in 2001 after a strong performance in 1999 and 2000. This is mainly on account of a sharp erosion of external demand as industrial economies experienced recession or very slow growth. There are, however, several exceptions to the general trend with a number of economies, notably the People's Republic of China, maintaining relatively high growth. In some economies, domestic demand, responding to expansionary policy, emerged as a more important source of growth. The outlook for 2002 and 2003 is for renewed optimism. The Outlook includes a special chapter reviewing preferential trade agreements, with particular reference to Asia and the Pacific. As international trade grew rapidly in the 1990s, so did the number of such agreements, especially in the region. The chapter analyzes the impact of such agreements, in the context of the multilateral trade negotiations being carried out under the auspices of the World Trade Organization.


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2002
Annual Reports
Asian Development Outlook 2002 Update
Asian Development Bank

The 2002-2003 economic outlook for developing Asia and the Pacific has not changed significantly since the Asian Development Outlook 2002 was published in April 2002. However, East Asia, Southeast Asia, and Central Asia had a stronger than expected performance in the first half of 2002, while South Asia and the Pacific had weaker than expected performance. The Asian Development Outlook 2002 Update features: an assessment of recent global economic trends and the recent performance and prospects of developing Asia and the Pacific macroeconomic assessments, policy developments and economic outlook for the five subregions of developing Asia and the Pacific


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2002
Reports and Books
Green Korea 2001;In pursuit of economic and environmental sustainability
Republic of Korea, Ministry of Environment

In the 20th century, a significant portion of humankind achieved remarkable economic growth, which brought great material abundance. In the new century, however, new focus should be placed on the quality of national development and a quality of life that matches economic gains. Meeting these challenges, the President declared a National Environmental Vision for the New Millennium on Environment Day (June 5th) last year and proclaimed that the Republic of Korea will create a community where both humans and our life-giving environment thrive\"


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2001