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Developing and Attracting Talent in an Age of Globalization, with special reference to Korean FTAs. Presentation at 2012 Global Human Resources Forum October 24, 2012 Professor Sunghoon Park Korea University shpark@korea.ac.kr. Issues.
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Developing and Attracting Talent in an Age of Globalization, with special reference to Korean FTAs Presentation at 2012 Global Human Resources Forum October 24, 2012 Professor Sunghoon Park Korea University shpark@korea.ac.kr
Issues • Accelerated Globalization a Fixed Variable in International Relations since Mid-1990s • Trade, Investment and Financial Transactions Verify the Intensified Globalization • The Global Financial Crisis and the On-going Eurozone Sovereign Debt Crisis to Have No Significant Negative Impact on Globalization • Increased Regionalism Activities – esp. in Form of FTAs – Lead to Co-existence of Multilateralism and Regionalism
Issues • Both Developed and Developing Countries are Taking Part in this New Trends • Different from the 1st Wave in 1970s • FTAs a Welcomed Instrument for • Market Expansion; Growth; Job Creation • Human Resources Needs a Crucial Factor to Maximize the Positive Effects • Both Developed and Developing World Should Benefit
Types of Human Resources Needed • Globalization and Intensified FTA Networks Require Human Resources Equipped with • International Economics • International Relations • International Economic Law, etc. • Apart from Broad-based Disciplinary Areas, Specific Knowledge is More Needed • Labor Standards • Environment • Intellectual Property Rights, etc.
Regional Dimension of Human Resources Needs • Human Resources Development also to Consider Intra-Regional Connectivity and Contexts • Experiences of Europe Providing Lessons • ERASMUS Program • ERASMUS Mundus Program • CAMPUS Asia Projects an Encouraging Sign • CAMPUS: Collective Actions for Mobility Program for University Students • 10 Pilot Programs Launched for C-J-K in 2011
Global Dimension of Human Resources Needs • Human Resources Development a Crucial Factor for Economic Development • APEC’s Efforts as an ECOTECH Working Group • Korean ODA: Increased Demand from LDCs for HRD Funds (KOICA and KSP Projects) • ADB/World Bank’s Capacity Building Projects
Global Dimension of Human Resources Needs • With DDA Struggling, LDCs are in Need of Motivation to Intensify Integration Efforts • Aid for Trade • Millennium Development Goals • Sustainable Development Goals • Capacity-Building Activities for HRs of Developing World also to be Strengthened • Trade Facilitation (Customs Procedures, etc.) • Trade and Investment Promotion • SPS, IPR, ROO, etc.
New Policy Direction Needed • Global Policy Responses • More Focus of ODA in HRD Activities • HRD to Become an Integral Part of Post-2015 International Development Policy Framework • Regional Policy Responses • Accumulating and Disseminating Best Practices Helpful • Expanding Sub-Regional Efforts • CAMPUS Asia: CJK East Asia Whole Asia