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Editor's & Reviewer's Guide

Regulation onEast Asian Economic ReviewPublication


Enacted on December 20, 2002

Revised completely on December 9, 2008

Amended on March 29, 2011

Amended on December 23, 2014

Amended on June 1, 2016


Chapter 1 General Provisions


Article 1 (Purpose)

The purpose of this Regulation is to prescribe general issues for the publication of the

East Asian Economic Review (hereinafter, “EAER”), a quarterly academic journal.

(Amended on March 29, 2011; December 23, 2014; June 1, 2016)


Article 2 (Aim of Publication)

The EAER aims to provide theoretical background and policy research for the Korean

government pertinent to the development of international economic policy.


Article 3 (Period of Publication)

The Journal shall be published four times each year on the last day of

March, October, October and December.


Article 4 (Paper Submission and Peer Review)

Submitted papers shall comply with provisions on Paper Submission included in Chapter

4 of this regulation, and their publication in the Journal is determined by the EAER

Editorial Board pursuant to “Chapter 3: Review” of this regulation.


Article 5 (Distribution)

The EAER shall be distributed in accordance with the Publication Distribution Standards

of the Korea Institute for International Economic Policy (KIEP). (Amended on December

23, 2014)


Chapter 2 Editorial Board


Article 6 (Purpose of the Editorial Board)

This Chapter stipulates general issues related to the organization and operation of the

EAER Editorial Board (“the Board” hereafter). (Amended on December 23, 2014)


Article 7 (Roles and Functions)

(1) The Board, on the assumption that it agrees to the Code of Ethics for EAER, shall

examine and determine all issues related to the editing and publication of the EAER.

(2) The Board shall be responsible for composition and editing of the contents of the

EAER, including peer-review selection, supervision of the review-process, final decision

on paper screening for publication, etc.


Article 8 (Organization of the Editorial Board)

(1) The Board is composed of 30 members or less including one Editor-in-Chief and one

Managing Editor, appointed by the President of KIEP.

(2) If the members including the Editor-in-Chief are unable to fulfill their duties

faithfully or cannot perform their tasks owing to circumstances beyond their control, they

may be discharged from the Board during their term.


Article 9 (Rights and Duties of Editor-in-Chief)

(1) The Editor-in-Chief shall take charge of all matters related to the editing of the

Journal and ask for advice and help from the management for publication.

(2) The Editor-in-Chief shall produce a report on editing and accounting for the EAER to

the KIEP management.


Article 10 (Operation of the Editorial Board)

(1) The term of office of the Board members including Editor-in-Chief and Managing

Editor is two years. Board members may serve consecutive terms for the purpose of

maintaining the continuity of the Board’s operation, and the change in the number of

members each year shall not exceed half of the total number of members.

(2) External board members shall be paid an honorarium for participating in Editorial

Meetings and Consultancy.


Article 11 (Convocation and Resolution of Editorial Meetings)

(1) Editorial Meetings shall be convened at least twice a year, and ad hoc meetings shall

be convened as the Editor-in-Chief deems necessary. (Amended on March 29, 2011)

(2) The resolutions of the Editorial Meetings shall be adopted by the attendance of the

majority of the Board members and by the concurrence of the majority of those present.


Article 12 (Advisory Board)

(1) In order to execute the purpose of the publication of EAER and to improve the

Institute’s theoretical and policy analysis contribution to the government, the Editorin-

Chief may appoint advisory board members.

(2) An editorial board member who previously held the post of Editor-in-Chief shall be

appointed as an ex-officio advisory board member.


Chapter 3 Review


Article 13 (Purpose of the Review)

This chapter is to provide regulations on the review process of papers submitted for

EAER publication.


Article 14 (Progression of Review)

(1) Prior to the first peer review, a “suitability evaluation” shall be conducted in order to

decide whether a submitted paper conforms to the EAER’s aims and scope. Suitability

evaluation shall be carried out by an editorial member with expertise in the submitted

paper’s field of interest. (Amended on December 23, 2014)

(2) Appointment of a reviewer shall be based on discussions among the Board members

with expertise in the relevant research field, and a review panel shall be composed of

three or more reviewers within or outside KIEP. (Amended on December 23, 2014)

(3) If a reviewer candidate responds negatively to the request for review, Editor-in-Chief

shall select another candidate through discussions with Board members with expertise in

the field of interest.

(4) The conduct of review shall be reflected in the performance evaluation for the reviewer

within the Institute and rewarded by an honorarium for an external reviewer.


Article 15 (Considerations for Review)

A reviewer evaluates submitted papers on the basis of following considerations:

(1) significance of research;

(2) excellence of research (i.e. originality, distinctiveness, logic, cogency, and so on);

(3) adequacy and excellence of research methodology;

(4) utility of research results and their implications;

(5) veracity of source quotations and references;

(6) general issues to improve (expression, typos, quotation, table of context, title, etc.);

(7) the EAER’s aims to contribute to the establishment of Korea’s international economic



Article 16 (Procedure)

(1) Manuscript to review shall be made anonymous before it is forwarded to reviewers.

(2) The review procedure consists of two separate rounds: The first review is conducted

in accordance with a EAER review form; and the second review examines the revised

manuscript reflecting the comments from the first review.

(3) Reviewers shall rate submitted papers into four categories: “Accept: No revisions

needed”; “Accept: Minor revisions needed”; “Major revisions needed: Second review

after revision”; and “Reject.” They use a given EAER review form to prepare a referee

report containing their comments on a manuscript’s research contents, its style, and

recommendations for revision and submit the filled out form to the Board. (Amended on

December 23, 2014)

(4) If reviewers decide that a manuscript needs to be revised, the grounds for revision

shall be specified on referee reports. (Amended on December 23, 2014)

(5) Authors shall submit their revision reports in response to each referee comment with a

revised manuscript. (Amended on December 23, 2014)


Article 17 (Second Review)

(1) The Board shall forward referee reports from the first round of the review to the

authors. And authors shall submit their revision reports in response to each referee

comment with a revised manuscript to the Board within a set period of time.

(2) If an author does not submit a revised manuscript and revision reports within the

given time without any specified explanation, it shall be considered a withdrawal of the

paper submitted.

(3) If the receipt of the results of the second review are delayed for over 30 days after the

review request to a reviewer, the Board may make the final decision on paper publication

based on the reviewer’s first referee report as well as the author’s revision report and

his/her revised manuscript. In this case, the final decision by the Board will be notified to

the requested reviewer.

(4) The second review shall be held once, and if review results from the second round are

not decisive enough to conclude discussions on the paper’s publication, the Board shall

be requested to undertake a final review.


Article 18 (Change of Referees)

If authors object to the review results, the Editor-in-Chief may request a third reviewer to

examine the paper, provided that authors submit a written statement of their grounds for

the objection which must be accepted as reasonable by the Editor-in-Chief.


Article 19 (Treatment of Review Results)

(1) A referee report with review results shall not include any of the reviewer’s personal

information when being sent to the authors.

(2) If a reviewer rates a paper as “Minor revisions needed”, authors shall be requested to

submit a revised manuscript with revision reports, which will be sent to the reviewer to

be examined. After the examination, the reviewer is supposed to present her/his written

agreement or disagreement on the revised paper’s publication and their grounds for

agreement or disagreement using a given form.

(3) If a reviewer rates a paper as “Major revisions needed: Second review after revision”,

authors shall be requested to submit a revised manuscript with revision reports, which

will be sent to the reviewer for the second review. After the second review, the reviewer

is supposed to present her/his written agreement or disagreement on the revised paper’s

publication and their reasons for agreement/disagreement using the form given.


Article 20 (Completion of Review)

(1) The Board shall make a final decision on a paper for publication on the EAER on the

basis of review results from reviewers and the editorial board member concerned.

(2) If it is not possible to publish a final paper on the latest EAER issue due to reasons

related to the editing process, the paper may be published on the following issue.

(Amended on December 23, 2014)

Article 21 (Notification of Publication)

When the Board reaches a decision to publish a paper on the upcoming issue of EAER, it

shall be notified to the authors concerned within 7 days from the date of final decision.

Article 22 (Certificate of Expectant Publication)

For papers cleared for publication on the EAER, a certificate of expectant publication

could be issued at the request of the author.


Chapter 4 Paper Submission


Article 23 (Authorship and Required Documents, Scope of Journal)

(1) There are no restrictions regarding qualifications of contributors. And the scope of

research shall cover a wide range of themes related to international economics or external

economic circumstances for Korea, and manuscripts should be written in English.

(Amended on December 23, 2014)

(2) The submitted paper should be an original work which has not been published in

other publications.

(3) Authors shall fill out and submit the forms for “Paper Submission” and “Copyright

Assignment Agreement” along with the manuscript. In signing the form, it is assumed

that authors have agreed to the submission and that the manuscript is not currently being

considered for publication by any other journal.


Article 24 (Word Limit)

Manuscripts should be written in English and should be no longer than 10,000 words

based on MS-word processor. (Amended on December 23, 2014)


Article 25 (Description of Authors)

Manuscripts with more than one author should display the authors’ names in order of

their contribution.


Article 26 (Manuscript Submission)

Manuscripts can be submitted throughout the whole year. Manuscripts submitted by the

last days of January, April, October, and October shall be considered candidate papers for

issues published in March, October, October and December, respectively. (Amended on

March 29, 2011)


Article 27 (Honorarium)

For the authors of manuscripts cleared for publication by the Board through the review

procedure, an honorarium shall be given.


Article 28 (Award for Paper of Excellence)

(1) For papers, among the published articles during a given one year period, recognized

for their exceptional excellence, financial reward will be granted. (Amended on December

23, 2014)

(2) For the selection of the paper for excellence, a separate review panel shall be



Article 29 (Submission Method)

(1) Manuscripts shall be submitted by email (eaer@kiep.go.kr).

(2) Manuscripts should comply with the “Guidelines for Manuscript Preparation” designated

by this Regulation.

(3) Authors’ contact information such as phone numbers, addresses, email addresses, and

so on should be stated clearly, and submitted manuscripts are not returnable.

(4) Manuscripts are to be submitted to the EAER Editorial Board at KIEP. (Amended on

March 29, 2011, and on December 23, 2014)


Article 30 (Guidelines for Manuscript Preparation)

Manuscripts should be prepared in accordance with the Guidelines for Manuscript

Preparation provided by KIEP. (Amended on March 29, 2011, and on December 23,




Article 31 (Supplementary Provision)

For other matters not provided by this Regulation, the Board’s decisions on related

matters shall apply. (Amended on December 23, 2014)


Addendum (December 9, 2008; March 29, 2011; and December 23, 2014)


Article 1

This regulation shall enter into force on the date of its approval by the President of the

Korea Institute for International Economic Policy.

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