Search results

1 – 10 of 23
Open Access
Article
Publication date: 31 December 2016

Insoo Pyo, Jacob Wood and Jungsuk Kim

This policy analysis examines the key issues involved in the Korean Trade Adjustment Assistance (TAA) program. As an important trade policy platform, this research details how the…

Abstract

This policy analysis examines the key issues involved in the Korean Trade Adjustment Assistance (TAA) program. As an important trade policy platform, this research details how the TAA provision targets impacted businesses and employees and documents the program’s eligibility criteria and its evolution over time. The US TAA and EU EGAF programs are also reviewed by detailing their respective strengths and their differences from their Korean counterpart. Finally, we document a range of areas where the Korean TAA initiative needs to be improved in order to best assist the firms and employees that have been negatively impacted by trade liberalization policy.

Details

Journal of International Logistics and Trade, vol. 14 no. 3
Type: Research Article
ISSN: 1738-2122

Keywords

Open Access
Article
Publication date: 30 April 2013

Yoon HEO

The Korean government has begun to implement the TAA system since May 2007 in order to support small and medium firms whose sales, production and profits have decreased due to the…

Abstract

The Korean government has begun to implement the TAA system since May 2007 in order to support small and medium firms whose sales, production and profits have decreased due to the intensified import competition. This paper analyzes the performance of the Korean TAA program based on the experience for the last five years and aims to suggest some relevant policy implications out of it. We find that the newly introduced Korean TAA system failed to accomplish the objectives of the program it had originally planned. It also failed to be an effective means for internal negotiations. All the efforts to retain marginal firms in comparative disadvantage turned out to be a big failure. This poor performance will threaten the system’s own existence in the near future. Even if the TAA system continues to exist, it will inevitably be converted into a worker-centered program instead of a firm-oriented industrial policy. Protecting people by protecting their jobs could be a strategy mistake. With the launch of new government of Korea in 2013, curtailing or abolishing the financial assistance program for marginal firms needs to be implemented immediately. Moreover, consulting services need to be more professional and customized.

Details

Journal of International Logistics and Trade, vol. 11 no. 1
Type: Research Article
ISSN: 1738-2122

Keywords

Article
Publication date: 19 June 2017

Joon-heon Song

The purpose of this study is to explore the essential cause for the policy failure of Trade Adjustment Assistance (TAA) in South Korea.

Abstract

Purpose

The purpose of this study is to explore the essential cause for the policy failure of Trade Adjustment Assistance (TAA) in South Korea.

Design/methodology/approach

To substantiate the claims made for the failure of the policy, this paper focuses on the differences in policy preferences among the government ministries and agencies involved in TAA.

Findings

The failure in the TAA policy, according to this study, was attributed to the conflicts and miscoordination arising from the differences in policy preferences among government ministries and agencies. To rectify this failure, the South Korean government had to revise its laws and regulations several times over a short period.

Originality/value

Drawing on the analytical framework of the literature on policy failure, this paper examines the causal relationships between outcomes of TAA policy and the conflicts or miscoordination among government bodies at each stage: initiatives and planning, implementation and operation of the policy.

Details

Journal of International Trade Law and Policy, vol. 16 no. 2
Type: Research Article
ISSN: 1477-0024

Keywords

Article
Publication date: 6 June 2016

Jung Suk Kim, Bomin Ko, Yoon Heo and Jee Hoon Lee

The purpose of this paper is to assess the current state of Korea’s internal negotiation system and the role of domestic policy factors in the process of Korea’s joining the mega…

Abstract

Purpose

The purpose of this paper is to assess the current state of Korea’s internal negotiation system and the role of domestic policy factors in the process of Korea’s joining the mega FTAs such as Trans-Pacific Partnership (TPP).

Design/methodology/approach

Along with Putnam’s three determinants of win-set size, the authors analyze a new set of policy factors – including Trade Adjustment Assistance (TAA), the FTA Domestic Planning Division, and the Trade Procedure Act – to examine the institutional arrangements available for the ratification of the TPP in Korea.

Findings

To minimize the social cost of the internal negotiation process of the trade, better understanding of the role of domestic policy factors is essential. The paper proposes some important policy suggestions which will scale up the benefit of the trade.

Research limitations/implications

The very same analysis can be easily extended to examine the domestic reactions for future FTA negotiation, especially for Mega FTA negotiation.

Practical implications

The authors propose six policy suggestions: a Master Process Manual; measures to diagnose domestic reactions; emphasizing non-economic issues; strengthening human resources; considering the strategic role of the Trade Procedure Act; and reshaping TAA, to ensure that a tranquil environment exists for domestic negotiation and confirmation and the authors believe these policies can be implemented widely in trade negotiations.

Originality/value

This paper contributes to the existing literature in at least three respects. First, the authors made the first attempt to integrate the domestic policy tools with the domestic determinants of trade negotiation outcomes. Second, the policy proposals can be extended to other countries’ cases with a minor adjustment. Finally, the analysis is based on the assumption that international trade negotiations are multi-level frameworks where domestic influences play a vital role in the aftermath of bilateral FTAs.

Details

Journal of Korea Trade, vol. 20 no. 2
Type: Research Article
ISSN: 1229-828X

Keywords

Book part
Publication date: 7 October 2020

Krzysztof J. Pelc

A populist backlash has seized a number of Western democracies. Two broad sets of explanations have emerged to address the sources of this backlash, with credible empirical…

Abstract

A populist backlash has seized a number of Western democracies. Two broad sets of explanations have emerged to address the sources of this backlash, with credible empirical evidence for each. The first focuses on economic drivers, and specifically on global economic integration, and exposure to trade competition. The second turns instead to cultural explanations, arguing that the shifting political winds are due to strictly nonmaterial considerations, like status threat and racial beliefs. How might we reconcile two apparently conflicting conclusions in the scholarly work examining this backlash? The question comes down to the particular interplay of these factors. I argue that the most promising approach may lie in tweaking our ideas about the relevant group that individuals use to make assessments about general welfare and the role of political entrepreneurs in manipulating these relevant groups. This, in turn, might explain why right-wing political parties appear to consistently gain from the ongoing backlash. I end with a consideration of the policy means that governments have to curb the political effects of economic grievances, and what explains the success or failure of such efforts. An economic recipe for backlash suggests the existence of an antidote.

Content available
Book part
Publication date: 19 November 2019

Abstract

Details

Advances in Industrial and Labor Relations
Type: Book
ISBN: 978-1-83909-192-6

Open Access
Article
Publication date: 31 December 2018

Jungsuk Kim, Insoo Pyo and Jacob Wood

This study analyzes the policy initiatives that have been adopted by the US government since the 1930s. We document the institutional bodies responsible for the implementation of…

Abstract

This study analyzes the policy initiatives that have been adopted by the US government since the 1930s. We document the institutional bodies responsible for the implementation of trade policy, as well as the objectives and decision making practices that are associated with policy formation. We also examine the new institutional movement of the Trump Administration’s neo-protectionist “America First” trade policy and its potential impact on the Asian region. Finally, our study examines the recent renegotiation of Korea-US FTA from a perspective of each country’s internal decision making process and discusses a number of issues that have relevant applications for Korea. The results from our analysis show that U.S trade policy show that despite a long period of an open and liberalized trade policy focus, recent neo-protectionist measures by President Trump could lead to potential trade wars and a return to the beggar-thy-neighbor policies of the 1930s. Such an anti-globalization agenda could have dire consequences for export dependent countries in the Asian region.

Details

Journal of International Logistics and Trade, vol. 16 no. 3
Type: Research Article
ISSN: 1738-2122

Keywords

Article
Publication date: 2 March 2010

Nancy Nelson Hodges and Holly M. Lentz

The purpose of this paper is to explore the experiences of displaced female textile sector workers.

1226

Abstract

Purpose

The purpose of this paper is to explore the experiences of displaced female textile sector workers.

Design/methodology/approach

A qualitative approach to data collection and interpretation forms the methodological basis of the study. In‐depth interviews were conducted with 14 female employees who were laid off from a large textile manufacturing facility in a southeastern state. Participants were selected through the local community college where they returned to school after losing their jobs.

Findings

A phenomenological interpretation of the responses led to the development of three emergent thematic areas connecting similarities and differences that surfaced across the participants' narratives. Key issues within the thematic areas point to the need for each participant to come to terms with the job loss, both emotionally and financially, and to decide where she would go from there.

Research limitations/implications

The study focuses on women employed at a single manufacturing facility and within a single state in the southeastern USA. Implications of the meanings of participants' experiences for their community and for the future of employment in the US textile sector are considered.

Practical implications

The study provides an interpretation of the impact of textile sector dynamics on the lives of displaced workers and the local community.

Originality/value

The paper offers insight into the human side of industry dynamics and declining manufacturing employment figures. It also sheds light on the extent to which some displaced textile sector workers have pursued the educational options made available through government programs designed to provide assistance with education and retraining.

Details

Journal of Fashion Marketing and Management: An International Journal, vol. 14 no. 1
Type: Research Article
ISSN: 1361-2026

Keywords

Article
Publication date: 19 March 2019

Korok Ray and Tessa A. Thomas

The purpose of this paper is to provide an argument supporting the growth of online outsourcing, which will exponentially increase in the coming years with the spread of internet…

Abstract

Purpose

The purpose of this paper is to provide an argument supporting the growth of online outsourcing, which will exponentially increase in the coming years with the spread of internet availability to the less-developed regions of the world. In addition, this paper stresses the role of human decision-making in fostering this growth, rather than promoting inhibitory policies because of nationalism or fear of change.

Design/methodology/approach

First, globalization and the three “waves” of outsourcing are discussed. Next, the economic principles guiding online outsourcing (disintermediation, the rise of global internet connectivity and the benefits of output-based pay over input-based pay) are discussed. After explaining how artificial intelligence will complement rather than replace human laborers, a case study and evidence are provided. Then, suggestions for government policies going forward, including skill development and education are provided. Finally, the debate that will inevitably emerge regarding online worker benefits is introduced.

Findings

Evidence points toward the growth of online outsourcing and the resulting increased efficiency and gains through this type of trade. The increase in freelance workers and their earnings, the investments of Google and Facebook to develop internet capabilities in less-developed regions and the reducing costs of technology (such as laptops) provide support for this argument (Elance, 2013; Forbes, 2014; Pofeldt, 2015). Finally, a case study provides evidence illustrating how individuals may gain from these advances.

Originality/value

This paper contributes to the literature by providing a compelling argument for the upcoming transition to increased efficiency in work through online outsourcing. Technological advances will allow the modern worker to delegate his/her mundane tasks so that he/she is free to focus on more pressing issues. This shift will multiply the domestic and foreign labor markets, creating opportunities that have not been available to this point. As this transition is not inevitable, this paper further outlines suggestions for policymakers to ensure maximized gains in the future.

Details

Journal of Global Responsibility, vol. 10 no. 3
Type: Research Article
ISSN: 2041-2568

Keywords

Book part
Publication date: 19 November 2019

Ting Zhang

Facing the aging workforce but older workers’ vulnerability in the labor market, this chapter empirically explores factors and policy implications to enhance older workers’…

Abstract

Facing the aging workforce but older workers’ vulnerability in the labor market, this chapter empirically explores factors and policy implications to enhance older workers’ entered employment rates (EER) after exiting the national workforce program. After reviewing older workers’ attributes and the unique methods to train them, the chapter examines demographic, socioeconomic, and program attributions to older workers’ EER, controlling for cyclical changes in the labor market. The chapter relies on three sets of models including logistic regression, multi-level mixed-effect regression, and multilevel mixed effect logistic regression models, as well as longitudinal Workforce Investment Act Standardized Record Data and Bureau of Labor Statistics unemployment data. Older dislocated workers and older adults are examined separately. Some Workforce Innovation and Opportunity Act training and related service combinations are identified to contribute to older adults and older dislocated workers’ EER and to inform strategic decision-making about future allocations of funds and policy efforts to serve older workers.

Details

Advances in Industrial and Labor Relations
Type: Book
ISBN: 978-1-83909-192-6

Keywords

1 – 10 of 23