• Title/Summary/Keyword: CIS countries

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A Study on the Method for Promoting Trade between Central Asian CIS Countries and the region Daegu-Gyeongbuk (중앙아시아CIS 국가를 활용한 대구·경북 무역의 활성화 방안 연구)

  • Ahn, Tae-Kun;Kim, Sung-Ryong
    • Korea Trade Review
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    • v.41 no.4
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    • pp.221-243
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    • 2016
  • This study examined the trade of the Central Asian CIS countries and the Daegu-Gyeongbuk region. These countries are rich in resources such as oil, natural gas and aluminum. These countries were switched to capitalist market economy after independence from the Soviet Union. So, these countries are considered as new emerging markets. This study analyzed the current status of trade between Daegu-Gyeongbuk region and Central Asian CIS countries. The result of analysis of the trade structure between the Daegu-Gyeongbuk and Central Asian CIS countries, and of the Daegu-Gyeongbuk region exports to Central Asian CIS countries showed insufficience when compared with the total export of korea. In this study, we used the gravity model to analyze the trade volume of the Daegu-Gyeongbuk region and Central Asian CIS countries. The result of analysis is that the globalization of Central Asian CIS countries appeared to be effective in increasing trade. In order to increase trade, Korea and CIS countries should strengthen their economic cooperation. Especially, these countries should try to implement FTAs for economic integration. The Central Asian CIS countries have an industrial structure that relies on resource exports. So, they have a blueprint for diversification of industries through national long-term plans. The Daegu-Gyeongbuk region's economy has been going through long-term stagnation. If the Daegu-Gyeongbuk companies can enter the Central Asian CIS countries, it can be a solution for the local economy.

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Statistical System of the CIS Countries

  • Kim, Joo-Hwan
    • Journal of the Korean Data and Information Science Society
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    • v.18 no.4
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    • pp.1023-1032
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    • 2007
  • We introduce the statistical system of the Commonwelth Independence State(CIS) countries located in the Central Asia. At present, the level of the national statistics production system of Korean National Statistical Office(NSO) is very high and locate on just behind Japan among all asian countries, and they are also trying to reach the statistics quality level upto the advanced developed countries in the world. To have the optimal Statistics production processing, we must understand the methodologies parts as well as the aspect of the macro statistics that can be applied to the country#s economic plan. Like the history is repeated, it is valuable to look at the development history of statistical system of other countries one century ago. We study the relationship among CIS countries along with the history of Russian statistics development. It will be helpful to look and understand the statistical system of CIS countries including Russia to use their statistics for international comparison study.

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A Study on Arbitration for Dispute Resolutions of the Commercial Transaction and the Investment in Central Asia (중앙아시아에서 무역과 투자분쟁해결을 위한 중재제도에 관한 고찰)

  • YU, Byoung-Uk
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.68
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    • pp.123-148
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    • 2015
  • Central Asian Countries had been independent in 1991 from USSR. Since then it have been increasing foreign trade and investment amount with outside countries including China, Japan, EU and South Korea. Korean enterprises and entities have endeavored to secure plentiful natural resources, oil and gas energy and expand the market share to exporting the consuming and industrial competitive goods and services for those countries. In the case of disputes of commercial transactions and investment, arbitration is regarded as a dispute resolution system which has been preferred in international transactions and investments by the business world. Since the collapse of the USSR, Central Asian Countries have worked to modernize its arbitration law and procedure to conform with international standard rules. Arbitral legislation in Central Asian countries is based on the Model Law as adopted in 1985. However, CIS's legislation systems of arbitration are not satisfied with the international standard in national laws and practices. That is the reason to consider for the specific parliament about arbitration for the dispute resolutions in the commercial transaction and investment between Korean enterprises and CIS. In this article, it is discuss problems and its alternatives in the dispute resolution about the commercial transaction and investment into Central Asian countries including the tendency to the increasing the trade volumes of goods and investment between South Korea and CIS. According to this article, South Korea consider the long term strategy followed the preferred economic relative partnership for business success on commercial transaction and investment with the Central Asian Countries.

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Exploring Factors on Identity of Korean Diaspora: Perspectives of Millennial Generation

  • HONG, Minoak;CHO, Yooncheong
    • The Journal of Industrial Distribution & Business
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    • v.12 no.4
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    • pp.15-26
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    • 2021
  • Purpose: The purpose of this study is to explore the major factors affecting the development of national identity of the Millennial Korean diasporas in the CIS countries that have rarely been explored in previous studies. In particular, this study examines how perceived identities have changed due to social, cultural, and other environmental changes and suggests policy considerations accordingly. Research design, data, and methodology: This study collected data via online survey. Factor and regression analyses were applied for data analysis. Results: The findings of this study suggest a set of factors that is different from the factors generally known to affect the diasporic identities of diasporas. The results of this study provide policy implications to help them construct identities that could more positively define their diasporic lives and relationship with homeland. Conclusions: The factors of direct experiences, such as relationship with host societies and homeland experience, exhibited strong relationship with national identity and life satisfaction of the Millennial Korean diasporas in the CIS countries. The unique characteristics of the Millennials and the long history of separation from homeland showed different results. The results of this study suggest policy considerations in regard to the Millennial diasporas in the CIS countries.

E-Ticketing System for the Increase of RZD Operation Revenue (RZD 수익증대를 위해 도입한 무인발권 시스템과 시사점)

  • Cho, Chi-Hyun
    • Proceedings of the KSR Conference
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    • 2009.05a
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    • pp.342-348
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    • 2009
  • Many rail operators have developed ticketing systems for the use of rail service and the increase of operation revenue by AIM, E-ticket and mobile tickets. Also they have operated rail pass for rail revenue by foreign tourists. Russian railways (RZD) has similar rail systems with CIS countries and sometimes same tickets. A few years ago, RZD introduced and operated E-ticketing system for the increase of passenger's convenience and operation revenue, and CIS countries have adopted and widely used this system. This study will introduce the revenue business by E-ticketing system of RZD, and forecast Russian railroad business in the future.

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The Performance and Productivity Changes of Agricultural Sector in Transition Countries - Focusing on the Effects of Policy Reform and Initial Conditions - (체제전환국가의 농업부문 생산성 및 생산성 변화 -제도개혁과 초기조건의 영향을 중심으로-)

  • Kim, Hanho;An, Donghwan
    • International Area Studies Review
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    • v.12 no.3
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    • pp.3-23
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    • 2008
  • We investigated the effects of policy reform, industrial transformation, and initial conditions on the agricultural productivity changes in 28 transition countries. Our findings are: (i) Asian and CEE transition countries performed better than CIS countries, while the performance improvement of CEE countries seems to be more prominent compared to that of Asian and CIS countries; (ii) The technical progress proved to be the main source of productivity growth, particularly in CEE countries; (iii) Reform policy and industrial transformation seems to have positive effects on the performance of agricultural sector and its changes; (iv) The initial conditions also matter.

An Analysis of Educational Satisfaction on the Implementation of Educational Cooperation Systems in Vocational High Schools between CIS Countries and Korea, Focusing on Exchange Students from Kazakhstan and Kyrgyzstan (CIS 국가와 한국의 직업고등학교 교육협력체제 운영현황과 교육만족도 분석: 카자흐스탄과 키르기스스탄 교류학생을 중심으로)

  • Belyalova, Aigerim;Park, Sun-Hyung
    • Korean Journal of Comparative Education
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    • v.27 no.4
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    • pp.211-230
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    • 2017
  • This study was carried out to identify what elements affected the satisfaction of high school international students, who were invited for Vocational Education organized by Global Korea Scholarship (GKS) program. They are in vocational high school which located in Jeollanam-do province. The results of the analysis showed that the highest level of satisfaction is 'satisfaction of education level' (M = 4.19) and 'overall satisfaction' (M = 4.19). In general, the average satisfaction of international exchange students at vocational high school was 3.92 points. The High School Exchange Student Program through invitation and scholarship for vocational education is aimed at establishing an international network between Korea and CIS countries and cultivating global talent. This year 10 foreign students were selected and supported the second time. Considering the sustain ability of the program, this study will yield the following results and will be helpful in future mentoring in school or in the management of international students.

The Express-Assessment of Main Monetary Indicators of Russia and the Countries of CIS

  • Vyborova, Elena Nikolaevna
    • East Asian Journal of Business Economics (EAJBE)
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    • v.6 no.1
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    • pp.1-31
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    • 2018
  • Purpose - This study is to analyze indicators characterizing the monetary turnover and its determining factors. Also this paper looked at the evolution of monetary aggregates of the Russian Federation, Australian, Sweden, Denmark, countries of CIS at the present stage of development and in the historical context. Research design, data, and methodology - The scale of research on Russia: to be analyzed the amount of data from the 2011 by 2016. In the historical context of the estimated data in the 1900-2011. On Belarus - the 2007-2017, on Tajikistan - the 2000 - 2017, on Kazakhstan - the 2000-2017, on Kyrgyzstan - the 2000-2017, on Australian - the 1959-2017, on Sweden - the 2009-2017, on Denmark - the 1999-2017. Results - Hypothesis 1. In Russian Federation the monetary stock has the steady tendency to growth. The dynamics of money supply in Russia is largely determined by historical events. Hypothesis 2. The dynamics of money supply the leading countries-partners has the tendency to grow. The monetary amount of countries-partners are analyzed is largely determined by external debt, GDP, the exports, the imports, the international reserves. Conclusions - The dynamics of monetary stock of Russia is determined by the historical events in many respects. The Russian Federation maintains a steady and the liquid economic position in the case of considerable amount of monetary stock and the high degree of its surplus. In most of the countries studied, the monetary supply has a significant volume exceeding the needs of the economy. If the distribution of monetary mass is adequate and there is a vertical of financial control, this will not have a negative impact on the country's economic stability and the development.

The Macroeconomic Analysis: the Main Results of Estimation of Monetary Indicators on the Materials of Russia, the Countries of the Commonwealth of Independent States (CIS) and North-East Asia

  • Vyborova, Elena Nikolaevna
    • East Asian Journal of Business Economics (EAJBE)
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    • v.7 no.3
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    • pp.13-48
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    • 2019
  • Purpose - This study is to analyze the monetary indicators and the key macroeconomic indicators and to assess the effectiveness of state regulation on its basis. The analysis of monetary aggregates of Russian Federation, CIS, the countries of leading countries of North-East Asia at the present stage of development. Research design and methodology - The volume of data on Russia was analyzed from the 1995 to the 2018. The data from the 1950 to the 2019 were estimated on China. The data from the 1980 to the 2018 were estimated on Japan. On South Korea - since the 1960 to the 2018. On Republic of Belarus - since the 2003 to the 2018. On Tajikistan - from the 2008 to 2017. On Kazakhstan - from the 1994 to the 2018. On Kyrgyzstan - from the 2002 to the 2018. On Armenia - from the 2003 to the 2018. Results - Hypothesis 1: In Russian Federation, the monetary stock has a stable tendency to grow. The volume of money stock of Russia and the analyzed countries is much determined by external debt, GDP, the export, the import, and the international reserves. Hypothesis 2: The growth of money supply does not always give a positive effect in the development of the country, as well as a significant increase in the amount of money stock does not always lead to negative consequences. The monetary stock should be commensurate with the macroeconomic indicators of the state. Conclusions - The growth of the monetary stock does not always give a positive effect in the development of the country, as well as a significant increase in the amount of monetary stock not always lead to negative consequences.

The Korea's Future ODA Policy Direction through Efficiency Analysis : Focusing on the Beneficiary Countries of ODA Projects Provided by Korea (공적개발원조 사업의 효율성 분석을 통한 미래 정책 방향성 : 우리나라 ODA 사업 수혜국을 중심으로)

  • Nam, Hyun-dong;Kim, Dae-cheol
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.3
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    • pp.1-10
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    • 2018
  • The purpose of this study is to improve effectiveness of Korea's Official Development Assistance (ODA) provided to developing countries. To do this, we analyze the efficiency of ODA provided to 38 recipient countries by Korea through data envelope analysis method. The effects of four factors including population, GDP, economic decline and poverty, and external intervention on efficiency are also investigated by utilizing tobit regression analysis. As a result of the DEA efficiency analysis, it is found that the average efficiency score of the total is about 59%. By region, the average efficiency score of Asia, Africa, Central and South America, and the East and CIS (Commonwealth of Independent States) are about 42%, 68%, 70%, and 74%, respectively. It indicates that the Asian countries are inefficient compared to countries of the other regions. It is also found that factors of population, GDP, economic decline and poverty, and external intervention have statistically significant effects on efficiency at 0.01 significance level. In the case of the population, the higher the population of the recipient country, the more negative (-) effect is on the efficiency. The other factors such as GDP, economic decline and poverty, and external intervention have positive effects on the efficiency.