• Journal of Convergence for Information Technology
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• v.11 no.10
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• pp.93-100
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• 2021

With the spread of digital trade, the share of digital trade under the global trade environment is increasing. However, since there is no international digital trade standard, the discussion to establish a new trade rule has important significance. Countries around the world are implementing digital trade policies in consideration of their own interests, but different regulatory policies are causing trade conflicts. In order to provide safeguards against personal information infringement due to the free movement of data across borders, major countries around the world have taken measures to localize data, and the EU has enacted GDPR. And the United States regards the imposition of the digital tax as a trade barrier, and some countries oppose the implementation of the digital tax for fear of negative impact on their countries. However, discussions on the global digital tax, centered on the OECD and the G20 are making progress. As it is highly likely that a digital tax agreement will be drawn up within this year, countermeasures must also be prepared. Therefore, this study presents implications for the future direction of Korea's trade policy by examining recent trends in digital trade norms and analyzing major issues in digital trade.

• Journal of Korea Port Economic Association
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• v.35 no.2
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• pp.109-126
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• 2019

The Panmunjom Declaration adopted by the leaders of South and North Korea on April 27, 2018, has created an environment conducive for peace and cooperation in the Korean Peninsula. In the June of last year, South Korea has joined the Organization for Cooperation between Railways (OSJD). The membership of OSJD has established a solid foundation for restoring a multimodal logistics system that connects the Korean peninsula to Eurasia countries, including China and Russia. In this paper, a questionnaire survey targeting working-level experts was conducted to find the barriers in constructing multimodal logistics that efficiently connect the port-continental railways of the Korean peninsula and the Eurasian nations. Survey items were divided into five categories-border crossing procedures, technology, facilities, operation, and government support. As a result, among the most important problems of international multimodal logistics in Eurasia that need to be solved on priority include improving transshipment facilities, eliminating inspection carried out at every country for transit, simplifying documents for customs clearance, and minimizing the changes in freight rates. In conclusion, for vitalizing the connection between the Korean peninsula and the continental railways, it is necessary to develop a transshipment system to facilitate the changes in tracks at the borders by making a joint effort with the international community. Second, railway and operational systems in South Korea, North Korea, China, and Russia should be standardized. Third, international cooperation among South Korea, North Korea, China, and Russia is essential for simplifying customs clearance at borders, priority departure of domestic cargo, sharing information about the changes in freight rates, and so on. Finally, the government should come up with measures to secure the quantity of cargo required to form block trains, while developing new business models.

• The Southeast Asian review
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• v.28 no.1
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• pp.145-171
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• 2018

Laos' 2017 is a year of political "stagnation" and economic "change". In the political arena, despite the achievements such as the improvement of the corruption perception index (CPI), it is necessary to watch the progress of the reform. Diplomatically, the influence of China is expected to increase further. In particular, since November 2017, Xi Jinping's visit to Laos is expected to strengthen the framework of cooperation between the economic corridor and Lanchang-Mekong Cooperation Meeting. And Laos continued to have friendly relations with other neighboring countries, the ASEAN countries. However, the issue of the Laos-Cambodian border issue following the general election in Cambodia may recur. The economic sector maintained a high growth rate due to capital inflows from the construction of large infrastructures and the favorable tourism industry, but structural problems such as deficits in the fiscal and current account should be resolved. Korea and Laos discussed the comprehensive cooperation between the two countries through the Mekong Senior Officials' Meeting in March 2017 and the Ministerial Meeting of the Korean-Lao Foreign Minister in September 2017. Laos is Korea's eighth ODA aid (grant), and ODA will become an important diplomatic cooperation channel between the two countries in the future. In the economic relationship, the trade sector is on a declining trend, but investment and human exchanges are steadily increasing.

• Journal of Wetlands Research
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• v.25 no.3
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• pp.213-219
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• 2023

The wetland ecosystem has a key role in climate change and can capture and store carbon long-term as blue carbon. Currently, the Republic of Korea and People's Republic of China are preparing for the UNESCO World Natural Heritage Phase II inscription, and cross-border cooperation among the two Koreas and the People's Republic of China is expected in term of the coastal wetland in the Yellow Sea region. However, there is a lack of research on the importance of coastal wetland in the Yellow Sea region for migratory bird habitats, roosting sites, feeding grounds, and stop-over sites. Thus, this study focused on the coastal wetland of the Yellow Sea region, including the southwestern coastal wetlands in the Republic of Korea, the Yancheng National Nature Reserve in the People's Republic of China designated as UNESCO World Natural Heritage, and the Mundok Migratory Bird Reserve in the Democratic People's Republic of Korea, which is listed on the Tentative List. The cooperation for ecosystem conservation between the two Koreas and China was analyzed. The importance of coastal wetlands in the Yellow Sea region as habitats for migratory birds, roosting sites, feeding grounds, and stop-over sites, significant characteristics of Yellow Sea coastal wetlands, and conditions for cooperation among three countries, were analyzed. The direction of ecosystem conservation cooperation for coastal wetlands in the Yellow Sea region in this study will be developed into Pan-Yellow Sea conservation.

• Korea Trade Review
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• v.41 no.2
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• pp.61-96
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• 2016

This study investigates the effects of M&A experience of Chinese firms and characteristics of deal partners in cross border M&A deal failures. 1,610 firms that participated in 1,558 cross border M&As from 2000 to November 2015 are used as samples. The dependent variable is the M&A transaction failures, which were cases of deal pending or withdrawal of Chinese firms. Major independent variables are the nationality diversity of transaction partner firm, the partner firm belonging to a developed country, domestic M&A experience of the Chinese firms, M&A experience in a particular target country, etc. After conducting a probit model analysis, we find that deal partner firm's nationality diversity increases the failure rate of M&A. While prior domestic M&A experience in China has no influence on deal failure, prior M&A experience of Chinese and focal firms in a particular country have a negative effect on the probability of deal failure. This study has academic implication on figuring out why firms are likely to fail in the process of strategic activities based on the inter-organizational learning through partnerships perspective.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.15 no.5
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• pp.41-45
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• 2001

This paper presents an comparative study on the effect of STATCOM and UPFC to power flow analysis of power systems. The effect of STATCOM can be analyzed with PSS/E program which is generally used in power system analysis, while UPFC model for power flow analysis is not provided yet. Thus, UPFC is equivalently represented as a synchronous condenser and load, while the active and reactive power of the specific transmission line and the voltage of the bus is controlled appropriately. This procedure is implemented by IPLAN which is an external macro program of PSS/E. The simulation results show that UPFC is more effective to control the bus voltage than STATCOM, because UPFC can control not only the bus voltage where the parallel inverter is installed but also the active and reactive power flow in the transmission line where the series inverter is installed.

• Journal of the Korean Geographical Society
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• v.37 no.5
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• pp.551-558
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• 2002

The further economy and trade cooperation between China and the Korean Peninsula should be carried out due to the process of globalization. Being the biggest border city and one of the windows of opening outside policy, Dandong plays a very important role in the economy and trade cooperation between China and D.P.R.K. With the tendency of regional economy cooperation amony countries of Northeast Asia, Dandong should also act as a bridge in the economy and trade cooperation between R.O.K and D.P.R.K.

• KDI Journal of Economic Policy
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• v.16 no.2
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• pp.3-19
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• 1994

본고의 본적은 앞으로 예상되는 세계경제(世界經濟)의 국경 없는 단일경제(單一經濟)로의 통합화 진전과 정보통신기술의 혁신에 따라, 우리 경제가 추구해야 할 경제구조조정정책방향(經濟構造調整政策方向)을 모색하는데 있다. 본고는 우선 경제조직(經濟組織)이란 내생변수(內生變數)로서 경제환경(經濟環境)의 변화에 따라 최적구조를 찾아간다는 시각에서, 외생적(外生的) 여건변화(與件變化)에 따른 경제조직의 변화(變化)를 체계적으로 설명할 수 있는 '내생적 경제조직론'을 개발하고, 세계경제여건변화에 따른 경제구조의 변화를 전망하고 있다. 이 이론(理論)에 의하면, 세계시장의 통합에 따른 시장규모의 확대는 일반적으로 경제활동의 전문화(專門化) 대형화(大型化)를 촉진시키게 되는 반면, 정보통신기술(情報通信技術)의 발달에 따른 경제활동간의 연계의 강화는 경제활동의 겸업(兼業) 및 다각화(多角化)를 촉진시키는 것으로 시사되고 있다. 이러한 결과의 응용을 통해, 본고는 우선 통합화에 따라 세계각국의 경제구조는 시장규모가 동일해짐으로써 유사한 형태로 귀일해 갈 것이며, 이에 따라 세계경제의 추세에서 크게 벗어나는 독특한 경제구조의 추구는 경제적(經濟的) 비효율(非效率)을 초래할 우려가 높다고 본다. 그리고 경제여건변화(經濟與件變化)에 따라 기업들은 전문화(專門化)와 다각화(多角化)를 활발히 추구함으로써 경제구조(經濟構造)의 변화(變化)를 주도해 나갈 것으로 전망되지만, 정부는 정보의 부족으로 이러한 과정을 구체적으로 예측할 수가 없기 때문에, 금후의 구조조정방안(構造調整方案)을 모색함에 있어서, 정부는 구체적 대응방안을 발견하려 하거보다는 기업들의 자생적 구조조정노력을 뒷받침해 줄 수 있도록 경제자율화를 통해 최적의 대응여건을 마련해 주는 것이 바람직하다고 본다.

• Journal of Energy Engineering
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• v.11 no.4
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• pp.324-331
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• 2002

ln competitive electricity market, useful technique would be required to calculate settlement amount for electric power traded between market participants and KPX since a number of market partici-pants would appear and trade electric power. Especially calculation of constrained on/off compensation amount can be complicated, and needs to be understood clearly by market participants to avoid unnecessary disputes. This paper presents a technique to settle more easily constrained on/off compensation amount using surplus function. In this technique, a surplus is calculated by each dispatched values and then the compen-sation amount is calculated by the difference of each surpluses. By doing this, settlement amount can be cal-culated by summing the trading amount and the compensation amount.

• Proceedings of the Korean Society of Precision Engineering Conference
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• 2005.06a
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• pp.1244-1247
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• 2005

The material removal mechanism of Electrical Discharge Machining (EDM) process has been studied for several decades. However, understanding of the material removal mechanism is still a difficult problem because the mechanism involves complicated physical phenomena including plasma. Especially, for a micro-EDM process, due to the influence of the debris that is generated during the machining process, quantitative modeling of EDM becomes more complex. To understand better the effects of the debris in the micro-EDM process experimentally, a new approach has been introduced in this study. Using a specially designed workpiece holder, the debris generated during the EDM with various process conditions has been collected. Then, using a simulated environment using micro-sized metal powders, the influence of the debris during the single EDM discharge has been observed. The effects of EDM process parameters on the debris size and product quality are discussed.