• Title/Summary/Keyword: 대미

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A Study on Foreign Exchange Risk Managements in the Korean Agro-food Industry (환율변동에 따른 농식품산업 무역적자 관리방안에 관한 연구)

  • Lim, Sung-Soo;Nam, Jae-Woo
    • Journal of Convergence for Information Technology
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    • v.9 no.12
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    • pp.133-140
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    • 2019
  • This study examines the reason of a staggering trade deficit on the Korean agro-food industry. To achieve the goal of the study, this study suggests the policy implication for enlargement a trade deficit with foreign exchange rate. Despite the majority of grain importer does realize that there is a huge affection for price volatility on the business result, they are more likely to take flat pricing through the physical market to avoid risk of price volatility with exchange rate. Also the analysis of external and internal environments around the Korean agro-food export & import are conducted, particularly with the analysis of trade volume and food price affecting the export & import. Results from a survey show that the common factor to the effective use of overseas agricultural and foreign currency futures trading for grain traders in Korea.

The Recent Evidence of Japanese Foreign Direct Investment (FDI): Focusing on Ownership Structure, Entry Mode, and Location Choices (아시아 금융위기 이후 일본의 외국인직접투자 변화: 진입모드, 소유구조, 입지선택에 관하여)

  • Park, Young-Ryeol;Kwak, Jooyoung;No, Jung-Hyun
    • International Area Studies Review
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    • v.15 no.2
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    • pp.3-23
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    • 2011
  • Existing studies have argued that, compared to the 1990s, the Japanese foreign direct investment (FDI) in the 2000s became multi-faceted in terms of investment motivation, ownership structure and entry mode, and diversification strategy. We have conducted a cross-sectional analysis and compared our results with the recent findings. We have found that the Japanese FDI in the mid 2000s became globally focused and regionally diversified. Ownership strategy and entry mode of the Japanese FDI in the Asian countries shows a remarkable shift from joint venture to wholly-owned subsidiary. In contrast, the preference of greenfield investments was observed consistently across regions. It seems that, after the Asian financial crisis, the Japanese firms began to re-optimize global FDI strategy and to regionally differentiate investments.

The Political Economy of Southeast Asia 2017 (동남아의 정치경제 2017)

  • PARK, Sa-Myung
    • The Southeast Asian review
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    • v.28 no.1
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    • pp.1-20
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    • 2018
  • Southeast Asia witnessed a paradox of political stagnation and economic development in 2017. The 'dual order' of security dependence on America and economic dependence on China was sustained in East Asia. In this regard, Southeast Asia of two faces was quite similar to broader East Asia. On one hand, the old socialist group with totalitarian nostalgia lurked in the buffer zone between totalitarianism and authoritarianism, while the original capitalist group under democratic disguise roamed in the gray zone between authoritarianism and democracy. On the other, the old socialist group with the legacy of the planned economy succumbed to the temptation of the Beijing Consensus on state capitalism, while the original capitalist group with the myth of the market economy was exposed to the pressure of the Washington Consensus on liberal capitalism. The ASEAN Community representing the regional integration of Southeast Asia was caught in the strategic predicament of a looming 'new cold war' between the continental and maritime powers.

A Study on Sijo Poem's Subject of Gagok (가곡의 시조시 주제 연구)

  • Shin Woong-Soon
    • Sijohaknonchong
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    • v.22
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    • pp.85-113
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    • 2005
  • This paper's target is two music books, 100 man's Gagok songs and 88 woman's Gagok songs compiled by Kim Kee-soo. The next is an interpretation on 9 subject classifications. 1. There is a similiarity in subject between $\lceil$kyobonyukdaesijo's collection$\rfloor$ and man's Gagok song. 2. There is a wide difference in man and woman's love subject between man's Gagok songs and woman's Gagok songs. 3. The subject changes as Gagok progreasses. 4. There are many nameless writers in the prograss of Nong$\cdot$Na k$\cdot$Peon. 5. Taepeongga, whose theme is to enjoy pleasure, forms the last beauty. Sijo poem's subjects, which belongs to the noble class, shows the mode of scholar's elegant life at that time.

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The Monetary Approach to Exchange Rate Determination for Korea (통화론적 접근방법에 근거한 외환위기 전후 원/달러 환율결정에 대한 비교분석)

  • Han, Kyue-Sook;Oh, Yu-Jin
    • The Korean Journal of Applied Statistics
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    • v.23 no.1
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    • pp.81-93
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    • 2010
  • Korea experienced a financial crisis in 1997. Since then Korea economy has undergone severe change such as exchange rate regime from the market average exchange rate system to the free floating exchange rate system in 1997, and the currency rate fluctuation has been widening. We empirically analyze the determination of the Won/Dollar exchange rate based on the monetary approach. We employ Lucas (1982), Bilson (1978) and Frankel (1979) models and consider some mixed models. We make use of monthly data of money supply, income, interest rate, capital balance, terms of trade, and the yen/dollar exchange rate over the period 1990-2009. We compare the empirical results of cointegration tests and the vector error correction model(VECM) from the two regimes, the pre and post korean financial crisis. The won/dollar exchange rate has long-run relationship with the variables in the monetarist models in the two regimes. For the post crisis regime, the Bilson model is the best and the long run variables also affect the short run dynamics of the won/dollar exchange rate.

An Analysis on the Container Terminal Operation by Considering the Key Factors for Fluctuating Container Traffic Volume (물동량 변동요인이 터미널 운영에 미치는 영향력 분석에 관한 연구)

  • Jung, Hyun-Jae;Yeo, Gi-Tae
    • Journal of Korea Port Economic Association
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    • v.27 no.1
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    • pp.95-109
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    • 2011
  • The aim of this study is to analyze the container terminal operation by considering the key factors that fluctuates the container traffic volume using the System Dynamics (SD) method. The target area of this study is the 'A' container terminal which is located in the Port of Incheon and the simulation period is from 2004 to 2020. As evaluation indexes for container terminal operation, three factors such as 'total sales', 'operating ratio of C/Y' and 'operating ratio of G/C' are selected, and as for the key factors of fluctuating container traffic volume, 'variation ratio of world trade', 'variation ratio of trade among three countries in North-East Asia' and 'variation ratio of won-dollar rate are used. As of 2020, the result of this study is that import-export container traffic volume increases almost 880,000TEU and total sales and operating ratio of G/C each reach 7.1 bilion won and 65 percent. No changes however in loadage and operating ratio of C/Y in 'A' container terminal are indicated. The reason is that capability of C/Y is exceeded. Therefore this study suggest that decision-makers of 'A' container terminal realize the importance of additional space of C/Y.

The U.S. Government's Book Translation Program in Korea in the 1950s (1950년대 한국에서의 미국 도서번역 사업의 전개와 의미)

  • Cha, Jae Young
    • Korean journal of communication and information
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    • v.78
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    • pp.206-242
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    • 2016
  • This study dealt with the U.S. government's book translation project as a part of its public diplomacy to gain the Korean people's 'minds and thoughts' in the midst of cultural Cold War from the end of World War II to the late 1950s. It was found that the U.S. book translation project was begun during the U.S. military occupation of South Korea, though with minimum efforts, and reached its peak in the late 1950s, In general, the purposes of the U.S. book translation project in South Korea was as follows: to emphasize the supremacy of American political and economic systems; to criticize the irrationality of communism and conflicts in the communist societies; to increase the Korean people's understanding of the U.S. foreign policies; to publicize the achievement of the U.S. people in the areas of arts, literature, and sciences. In the selection of books for translation, any ones were excluded which might contradict to U.S. foreign policy or impair U.S. images abroad. It must be noted that publications of a few Korean writers' books were supported by the project, if they were thought to be in service for its purposes. Even some Japanese books, which were produced by the U.S. book translation project in Japan, were utilized for the best effects of the project in South Korea. It may be conceded that the U.S. book translation project contributed a little bit to the compensation for the dearth of knowledge and information in South Korea at that time. However, the project may have distorted the Korean people's perspectives toward the U.S. and world, owing to the book selection in accordance with the U.S. government's policy guidance.

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A Study on Price Asymmetries in Local Petroleum Markets (석유제품의 가격 비대칭성에 관한 연구)

  • Kim, Jin Hyung
    • Environmental and Resource Economics Review
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    • v.16 no.4
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    • pp.833-854
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    • 2007
  • Output prices tend to respond faster to input price increases than to decreases. The 'rockets and feathers' hypothesis of asymmetric price behavior in petroleum market is tested by a full adjustment error correction model. Using monthly data for the period January 1977 to June 2006, evidence is found that there is a significant degree of asymmetry in the adjustment of wholesale prices to increases and to decreases in crude oil price. A similar hypothesis in regard to the exchange rate is also rejected by the data. Using weekly data over the period examined, evidence of asymmetry for gasoline, diesel and heating oil is also found in the transmission of price changes from wholesale to retail: retail prices increase more quickly in response to the wholesale price increases than to wholesale price decreases.

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Analysis of pesticide residues on sweet persimmon harvested from systemized orchards for exporting to USA (대미수출을 위한 병해충 방제 체계 적용 농약살포 단감원에서 수확한 단감의 잔류 농약량 조사)

  • Kim, Young-Sub;Choo, Ho-Yul;Park, Chung-Gyoo;Lee, Dong-Woon
    • The Korean Journal of Pesticide Science
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    • v.9 no.2
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    • pp.166-172
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    • 2005
  • Temporary control schedules were tested at sweet persimmon orchards to development new control programs to meet the quarantine requirements of USA in 2002. The 'USA export-type control orchards' were spayed with pesticides (azoxystrobin, carbaryl, cyhexatin, fenarimol, mancozeb, methoxyfenozide, spinosad and trifluxistrobin) which were possibly adaptable to the poem trees in USA. Pesticide residues in the sweet persimmon fruits harvested from USA export-type control orchards were analyzed. Azoxystrobin, mancozeb, trifloxystrobin, spinosad, carbaryl, and cyhexatin were not detected by the experimental methods. The residues of fenarimol and methoxyfenozide in sweet persimmon of USA export-type control orchards were 0.016-0.020 ppm and 0.022-0.029 ppm, respectively. These levels are quite below the maximum residue limit level of USA (below 0.1 ppm in fenarimol and 7 ppm in methoxyfenozide). These results suggest that new control programs could be developed by modifying the USA export-type control schedule tested in this study to meet the quarantine requirements of USA, if we could suppress the damage of plant bugs.

An Information Sharing Platform for Eurasia Transportation Logistics Network from Korean perspective (유라시아 교통물류 네트워크 기반 구축을 위한 한국적 시각에서의 정보공유 플랫폼 도입방안)

  • Shin, Seungjin;Roh, Hong-Seung;Hur, Sung-Ho
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.17 no.5
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    • pp.100-116
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    • 2018
  • Recently, with the US protection trade trend, South Korea 's exports to the US have shrunk and the need to pioneer emerging markets in Eurasia has increased. Due to the bankruptcy of Hanjin Shipping, a large Korean national shipping company, the necessity of securing transportation that can replace the Asian - European shipping route has emerged. Moreover, as the international trade and logistics environment is rapidly changing due to the spread of electronic commerce, it is time to prepare for the environment where IT technology is applied to international logistics activities. Therefore, this study was carried out to establish information strategy of Eurasia logistics information sharing platform from Korean perspective through comparison of logistics information level of Eurasian countries. This study aims at standardization direction for supporting logistics activities between Eurasian countries, providing customs clearance and logistics services without interruption, providing information for expanding business of trade companies, and building information linkage infrastructure for expanding cooperation between logistics companies across countries. Through this study, it is expected that logistics activities through information sharing among countries will be actively carried out.