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According to the Bank, this concentration had no precedent in the history of the USA and no comparison with any other industrialized country (Mander, 1996: 11). These include the San Antonio, San Miguel, Typychaty and Yarati-ítargets near and around the village of Yuty, approximately 125 miles southeast of Asunción. Policy options for consideration 234 The following recommendations are based on the assessment presented above and the policy recommendations set out in the 1997 OECD report on regulatory reform (OECD, 1997, Chapter 5). © OECD 2000 Background Report on Enhancing Market Openness through Regulatory Reform Considering the potential benefits of market openness that could be induced by further regulatory reform, the Korean government is encouraged to consider the following seven policy options: – Strengthen efforts to harmonise technical regulations and standards with international standards and to recognise the equivalence of other countries’ regulatory measures: • Reinforce the technical capacities of standards-related bodies, such as standards institutions, laboratories and certification bodies, so that they can effectively engage in aligning technical regulations and standards to internationally harmonised ones and accepting other countries’ standards or certification procedures. • Co-ordinate efforts of international co-operation conducted by different ministries. • Engage more actively in the negotiation of MRAs. – Enlarge the scope of consultation with foreign parties, so that they are consulted not only on directly trade-related regulations, but also on other domestic regulations. • Apply the transparency-enhancing approach developed by trade policy bodies, according to which foreign participants are invited at consultative meetings on trade policies, to other domestic policy areas. • Induce all government bodies to put more information about their policy agenda and major current issues on their Internet sites, if possible in foreign languages as well. • Open advisory councils to all interested parties, including consumers, environmental or other NGOs and foreign firms. – Speed up regulatory reform, deregulation and market opening in the traditionally highly regulated sectors such as services and agriculture. – Engage public efforts to change the bad image of imports and foreign firms among the Korean public. • Enlarge chances for consumers to have contact with imported goods by organising imported fairs, exhibitions, etc. • Give more opportunities to foreign producers to participate in fairs such as the Seoul Motor Show, machine fairs, electronic goods fairs, computer fairs, etc. • Publicise the objectives of the government’s market opening policies by using mass media, open seminars, etc. – Strengthen the government’s efforts to eliminate regulations that have de facto discriminatory effects against foreign competitors. – Enhance co-operation between trade policy bodies and other government bodies in charge of domestic regulations in order to reduce trade restrictiveness of their regulatory measures. • Strengthen the supervisory role of trade policy bodies over the regulatory decision making processes of other ministries and agencies: use actively the articles of the Foreign Trade Act that give trade policy bodies the right to intervene in the regulatory making process. • Enhance officials’ understanding of trade and investment issues, for example through exchange of views with trade policy officials.

Pages: 33

Publisher: Intl Monetary Fund (April 30, 2008)

ISBN: 1589067096

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