Advent of the Era of the AEC and Its Impacts on Singapore and Indonesia(17)

Comparative Study on the Perception and Response of Singapore and Indonesia

Though all the ASEAN members have been closely related with each other over history, each country shows different interests in the era of the AEC. This is mainly because 10 countries aren't in an identical economic situation. 

Components of a national economy such as natural resource reserves, labor force abundancy, industrial structure and infrastructure condition are all dissimilar, more or less. This disparity inevitably results in economic gap among the ASEAN members. 

 

International Disputes over the Intellectual Property Rights(5)

Study on international disputes over the intellectual property rights

WIPO, Max Planck Institute in Germany and American Law Institute have also drafted international conventions regarding the governing law. These attempts are common in that they suggest 'lex loci protectionis' as principle for resolution of the international disputes over the intellectual property rights according to 'territorialitatsprinzip.' 

Indeed, it is difficult to solve the innumerable international disputes over the intellectual property rights arising simultaneously, while national interests conflict with each other due to different political, economic and cultural policies. Thus, unified global standards for the governing law have a long way to go.

Nevertheless, efforts should continue to be made to establish an international law and order for effective resolution of the international disputes over the intellectual property rights. Of course, Korea or the IT power envied by the world is obliged to be more concerned about the legal infra befitting her status in the international community.