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Center for Asia and Global Economic Order


The Center for Asia and Global Economic Order (CAGEO) conducts in-depth analysis of the reorganization of the international economic order in connection to the rise of developing nations in Asia. It seeks out directions for transforming the international economic order in ways that are favorable for the region and global economy. To this end, the Center has assembled a research team of leading experts in the areas of negotiation theory and mechanism design, international trade order and legislation, as well as empirical analysis, and engaged in interdisciplinary research integrating economics and jurisprudence. Based on its international and domestic networks, accumulated data, and research capacity, CAGEO will strive to become a pioneer in discovering and investigating the key issues related to Asia and changes in the international economic order.

Research Topics

In 2016, CAGEO examined international commerce, economic integration, technology development, standardization, and other future challenges of the newly emerging economic environment, focusing on the transformation of the international economic order caused by the rise of developing countries in Asia. The Center pursued interdisciplinary research on diverse global phenomena and problems occurring in the international economic system. It looked into the Asian economic order through a synthesis of economic theory, quantitative analysis, and jurisprudence and sought out directions for reorganizing the international economic order in ways that are favorable to the Asian and global economies. The Center has been simultaneously building a database and conducting theoretical, empirical, and normative research on conflicts of interest and their mediation in regard to protective trade, intellectual property rights, and other issues between advanced and developing or among developing nations.

Major Research Outcomes

In August 2016, CAGEO published Asian Innovation and the World Economic Order as part of the SNUAC Asian Studies series. A collaborative work of the Center’s Director and three researchers, this volume analyzed innovative and creative activities in Asia from a transnational perspective, one of the project tasks of SNUAC, and based on the findings, suggested changing the existing research paradigm through a new conceptualization of transformations in the global economic order. In this light, the book is an outcome of the Center’s effort to bring the Asian context to the forefront of its research while aligning it more closely with the tasks set by SNUAC.

In addition, CAGEO published five articles (four of which appeared in SSCI journals), one book in English, and a chapter in a handbook on commerce of one of the world’s most prestigious handbook series. To further raise its international and domestic standing, the Center hosted several academic conferences, two of which were attended by globally renowned scholars. CAGEO contributed to nurturing next-generation scholars by involving its research assistants in writing as co-authors and other research activities. As a result of the Center’s support, one research assistant received a PhD degree and two Master’s course students were admitted to the doctoral programs of Michigan State Univ. and the Univ. of Chicago.

With participation of its researchers and research assistants, CAGEO continued its research on the rapidly expanding commercial system of the Asian region. The director, two researchers, and one research assistant are revising an article examining the differences in operational patterns of WTO member-states in connection to the safeguard system and, in particular, whether the system is abused by developing countries. The article uses systemic, economic, and empirical approaches and will be submitted to an SSCI-listed journal in the beginning of 2017.

Outlook and Tasks for the Future

Economic difficulties of the US, EU, and other advanced countries, along with the economic rise of developing countries including China, which started in the late twentieth century, reached their climax in the 2000s and are manifesting in the transformation of the global economic order. Trade protectionism is expanding among advanced nations, while China, India, and other emerging economies are also demonstrating a tendency toward tightening their trade protection policies. The global proliferation of trade protectionism will become an enormous challenge to the maintenance of the international economic order formed through the WTO and various trade agreements, and there is a high possibility that it will bring changes to Asia and the global economic order itself.

While investigating the fundamental reasons for the spread of protectionism, CAGEO will conduct not only a positive but also normative analysis of the direction of current changes in Asia and the global economic order.

Publications

Jee-hyeong Park (2016). <Enforcement and Dispute Settlement>. In Handbook of Commercial Policy, edited by K. Bagwell & R.W. Staiger. Amsterdam: Elsevier.

Duk-geun Ahn (2016). <The Legal and Economic Analysis of the WTO/FTA System>. World Scientific

Jee-hyong Park, Deok-geun An, Seok-bae Lee, and Ji-hong Lee (2016). <Asian Innovation and World Economic Order>. SNU Press

Duk-geun Ahn and Alan Spearot (2016). US-Countervailing Measures on Certain Hot-Rolled Carbon Steel Flat Products from India: To Cumulate or Not Cumulate Products. World Trade Review Vol. 15, No. 2

Duk-geun Ahn and Maurizio Zanardi (Forthcoming). China–HP-SSST: Last Part of Growing Pains. World Trade Review Vol. 16, No.02

Soon-woo Kwon, Sok-bae Lee, and Ji-hong Lee (Forthcoming). International Trends in Technological Progress: Stylized Facts from Patent Citations, 1980–2011. Economic Journal

Duk-geun Ahn and Ji-yeong Yoo (2016). Security Exceptions in the World Trading System: Bridge or Bottle-neck for Trade and Security. Journal of International Economic Law Vol. 14, No. 2

Duk-geun Ahn and Dong-cheol Kwak (2016). Digital Trade in Analogue Regime—Digital Trade Liberalization and the Role of Trade Agreements. International Trade Law 131: 51–90

People

Director:
Jeehyong Park (Dept. of Economics)

Co-Researchers:
Dukgeun Ahn (Graduate School of Int’l Studies)
Myunghwan Seo (Dept. of Economics)
Jaemin Lee (School of Law)
Jihong Lee (Dept. of Economics)

Research Fellow:
Meeryung La (SNUAC)

Visiting Research Fellow:
Jaeyeon Noh (Sukmyung Women’s Univ.)