• Title/Summary/Keyword: European Union-27

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The Role of Vehicle Currency in ASEAN-EU Trade: A Double-Aggregation Method

  • BAO, Ho Hoang Gia;LE, Hoang Phong
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.43-52
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    • 2021
  • This study is the first to scrutinize how real effective exchange rate, together with the vehicle currency exchange rate, asymmetrically influences the total trade balance between ASEAN (Association of Southeast Asian Nations) and the EU (European Union). This research employs quarterly data between 2000Q1 and 2018Q1, which is derived from several sources. We introduce a method for constructing the double-aggregated real effective exchange rate between ASEAN and the EU that captures the roles of all their currencies. Moreover, we propose the formula to compute vehicle currency exchange rate to assess the importance of vehicle currency in ASEAN-EU trade. Additionally, as asymmetrical impacts of exchange rate on trade balance are well documented by current studies, we employ Nonlinear Autoregressive Distributed Lag (NARDL) model of Shin et al. (2014) to analyze the impacts of currency depreciation as well as appreciation in detail. The findings confirm the prominence of USD as vehicle currency in ASEAN-EU trade. Both depreciation and appreciation of ASEAN's currencies against USD can foster ASEAN's trade balance in the long run. Short-run asymmetrical impacts as well as J-curve effect are found in the vehicle currency models only. The results are robust for the cases of EU-28 and EU-27.

Study on Operating Performance Estimation Process of Electric Propulsion Systems for 2.5 Displacement Ton Class Catamaran Fishing Boat (쌍동형 배수량 2.5톤 급 어선의 전기 추진 시스템 운항성능 추정 프로세스 연구)

  • Jeong, Yong-Kuk;Lee, Dong-Kun;Jeong, Uh-Cheul;Ryu, Cheol-Ho;Oh, Dae-Kyun;Shin, Jong-Gye
    • Journal of Ocean Engineering and Technology
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    • v.27 no.5
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    • pp.1-9
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    • 2013
  • Because the environmental regulations for ships are getting tighter, green ships employing eco-friendly technology have recently received a large amount of attention. Among them, various studies for electric propulsion ships have been carried out, particularly in the United States, European Union, and Japan. On the other hand, research related to electric propulsion ships in Korea is in a very nascent stage. In this paper, an estimation process based on the rough requirements of ship-owners for the operating performance of electric propulsion ships is proposed. In addition, the estimation process is applied to a small fishing boat for verification of the process. These results are expected to be used as design guidelines in the early stage of the design process for electric propulsion ships.

A Study on World University Evaluation Systems: Focusing on U-Multirank of the European Union (유럽연합의 세계 대학 평가시스템 '유-멀티랭크' 연구)

  • Lee, Tae-Young
    • Korean Journal of Comparative Education
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    • v.27 no.4
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    • pp.187-209
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    • 2017
  • The purpose of this study was to highlight the necessity of a conceptual reestablishment of world university evaluations. The hitherto most well-known and validated world university evaluation systems such as Times Higher Education (THE), Quacquarelli Symonds (QS) or Academic Ranking of World Universities (ARWU) primarily assess big universities with quantitative evaluation indicators and performance results in the rankings. Those Systems have instigated a kind of elitism in higher education and neglect numerous small or local institutions of higher education, instead of providing stakeholders with comprehensive information about the real possibilities of tertiary education so that they can choose an institution that is individually tailored to their needs. Also, the management boards of universities and policymakers in higher education have partly been manipulated by and partly taken advantage of the elitist ranking systems with an economic emphasis, as indicated by research-centered evaluations and industry-university cooperation. To supplement such educational defects and to redress the lack of world university evaluation systems, a new system called 'U-Multirank' has been implemented with the financial support of the European Commission since 2012. U-Multirank was designed and is enforced by an international team of project experts led by CHE(Centre for Higher Education/Germany), CHEPS(Center for Higher Education Policy Studies/Netherlands) and CWTS(Centre for Science and Technology Studies at Leiden University/Netherlands). The significant features of U-Multirank, compared with e.g., THE and ARWU, are its qualitative, multidimensional, user-oriented and individualized assessment methods. Above all, its website and its assessment results, based on a mobile operating system and designed simply for international users, present a self-organized and evolutionary model of world university evaluation systems in the digital and global era. To estimate the universal validity of the redefinition of the world university evaluation system using U-Multirank, an epistemological approach will be used that relies on Edgar Morin's Complexity Theory and Karl Popper's Philosophy of Science.

Aquatic Resources of Cameroon

  • Chuba, Leunga Didier
    • Journal of Marine Bioscience and Biotechnology
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    • v.3 no.1
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    • pp.7-12
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    • 2008
  • Cameroon is a country in Western Africa with 16 million inhabitants. Located between Nigeria and Equatorial Guinea, the country is bordered by the Bight of Biafra. It has a 402 km long coastline. It covers an area of about 475,440 sq km. Cameroon obtains its fish supply from five distinct sources notably-small scale maritime Fisheries, inland fisheries, industrial fisheries, aquaculture and importation. Despite its enormous potential, Cameroon produces only 180,000 metric tons fish annually. The total artisanal annual catch is estimated to be 55,000 t of which bonga/Sardinella, white shrimp and demersal fish contribute 58%, 27% and 15% respectively. The industrial fleet expanded rapidly during the sixties and by 1973 there were 29 trawlers and 13 shrimpers which landed a total of about 17,600 t of fish and shrimp. The total catch of the industrial fisheries peaked at about 20,400 t in 1976 and since then catches have generally declined. The per capita fish consumption in Cameroon stands at about 17.9 kg per inhabitant per year. This means that the demand of fish in Cameroon stands at about 280,000 tons. There is a deficit of in fish supply for which the government always resort to massive importation of fish products to meet the local demand. The main fish product for export from Cameroon is the prawn (Panacus duorarum). The main export market of Cameroon's prawn is the European Union (EU). Between 1998 and 2003, Cameroon's export value has been on the decline, dropping from 1,836 metric tons of prawns for a value of 264 millions USD in 1998 to 51 tonnes, for an estimated value of 315,000 USD in 2003. This drastic drop in exportation is consequential to Cameroon's auto suspension from the exportation of prawns towards the EU as a result of non compliance with EU standards. Today, a good quantity of the catches is being exported illicitly through neighbouring countries.

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Radius Restriction and Franchise Encroachment in the Korean Coffee Franchise Industry (모범거래기준과 영업지역침해: 한국 커피 프랜차이즈 산업을 중심으로)

  • Yu, Min-Hui;Kim, Ji-Yeong;Choe, Yun-Jeong
    • Journal of Regulation Studies
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    • v.27 no.1
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    • pp.153-188
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    • 2018
  • This paper reviews the literature regarding exclusive territory restraint and encroachment and compares the development of related policies in the United States, the European Union, and South Korea. Furthermore, using coffee franchise industry data in South Korea, this paper analyzes the effects of the exclusive territory restraint on entry and exit of coffee shops. The results show that the growth rates of regulated brands' entry have stagnated during the implementation period of the KFTC's Franchising Best Practice Code. Moreover, the exit rates of coffee shops in two years after its entry decreased under the Best Practice Code and the revised Franchise Law.

Improving hydration in elite male footballers during a national team training camp - an observational case study

  • Mohr, Magni;Nolsoe, Eli Leifsson;Krustrup, Peter;Fatouros, Ioannis G.;Jamurtas, Athanasios Z.
    • Korean Journal of Exercise Nutrition
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    • v.25 no.4
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    • pp.10-16
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    • 2021
  • [Purpose] The purpose of this study was to (i) assess hydration levels in elite male football players during a national team training camp before and during qualifying matches, (ii) evaluate the effect of coaching strategies for hydration based on feedback from hydration monitoring, and (iii) assess possible relationships between hydration status and training load or wellness markers. [Methods] Thirty-one male players (age 27±4 yrs; height 185±6 cm; weight 82.9±6.7 kg; body fat 10.4±2.3%) representing a national team from the Union of European Football Associations (UEFA) participated. The players were studied during three different national team training camps related to the UEFA Nations League tournament. Urine specific gravity (USG) was measured to assess hydration status. During all camps, the players were actively coached on improving strategies for hydration and given individual feedback on their test results. The training load was measured using GPS technology, and wellness questionnaires were completed. [Results] USG decreased progressively and significantly (p<0.005) during camp 1 and hydration status improved over the three camps, with fewer dehydrated and more well-hydrated players identified during the last part of camp 3. Significantly (p<0.05) higher USG values were observed 2 days prior to a match (MD-2) than on match day (MD); consequently, 52% of the players were dehydrated on MD-2 and only 6% on MD. No correlations were observed between hydration status and training load or wellness markers. [Conclusion] Dehydration is a challenge in elite male football, but continuous monitoring of hydration status and coaching on hydration strategies can lead to major improvements and reduce the degree of dehydration.

How to develop strategies to use insects as animal feed: digestibility, functionality, safety, and regulation

  • Jae-Hoon, Lee;Tae-Kyung, Kim;Ji Yoon, Cha;Hae Won, Jang;Hae In, Yong;Yun-Sang, Choi
    • Journal of Animal Science and Technology
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    • v.64 no.3
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    • pp.409-431
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    • 2022
  • Various insects have emerged as novel feed resources due to their economical, eco-friendly, and nutritive characteristics. Fish, poultry, and pigs are livestock that can feed on insects. The digestibility of insect-containing meals were presented by the species, life stage, nutritional component, and processing methods. Several studies have shown a reduced apparent digestibility coefficient (ADC) when insects were supplied as a replacement for commercial meals related to chitin. Although the expression of chitinase mRNA was present in several livestock, indigestible components in insects, such as chitin or fiber, could be a reason for the reduced ADC. However, various components can positively affect livestock health. Although the bio-functional properties of these components have been verified in vitro, they show positive health-promoting effects owing to their functional expression when directly applied to animal diets. Changes in the intestinal microbiota of animals, enhancement of immunity, and enhancement of antibacterial activity were confirmed as positive effects that can be obtained through insect diets. However, there are some issues with the safety of insects as feed. To increase the utility of insects as feed, microbial hazards, chemical hazards, and allergens should be regulated. The European Union, North America, East Asia, Australia, and Nigeria have established regulations regarding insect feed, which could enhance the utility of insects as novel feed resources for the future.

Educational Reforms under the Bologna Process in Former Socialist Countries: An analysis of educational policy transfer (체제 변환기 러시아 및 동구권 국가들의 교육 개혁이 정책 전이 논쟁에 주는 시사점: 볼로냐 프로세스를 중심으로)

  • Kim, Sun
    • Korean Journal of Comparative Education
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    • v.27 no.1
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    • pp.145-169
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    • 2017
  • The purpose of this study is to investigate the influences of educational policy transfer on transitional countries by analyzing the impacts of the Bologna Process on the educational systems of former socialist countries in Europe including Russia, Ukraine, and Hungary. For this purpose, documents published by European Union and its associated educational institutions, as well as academic institutions and scholars were analyzed to evaluate the changes made not only in the systemic level but also institutional and personal levels. The Bologna Process, instigated by the rise of knowledge economy and globalization, is purported to be the most influential educational reform conducted by the member countries since the formation of EU. However, unlike its original intentions to promote the voluntary participation of universities and students, the Bologna Process strengthened the structure of centralized bureaucracy in the educational systems, and restricted the freedom of professors, since most of the universities in these countries relied on governments for their funding. This indicates that in analyzing the influences of educational policy transfer in transitional countries, it is important to analyze the roles and motivations of actors participating in the decision-making processes. Moreover, Bologna Process reforms, made under the direction and control of government, were often turned into cases in which administrators hurriedly implement new policies against the will of faculty members and students, thus impeding the efficient localization of the reforms. This case, thus, implies that while educational reforms driven by policy transfer can change external systems and policies of universities, the fundamental reforms in the minds of faculty and inner workings of organization can only come about after a careful consideration of the societal and cultural values embedded within society.

The EU-Korea FTA in the Viewpoints of the New Member States (신 회원국의 관점에서의 한-EU 자유무역협정)

  • Utai, Uprasen
    • International Area Studies Review
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    • v.15 no.1
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    • pp.3-30
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    • 2011
  • When the European Union countries (EU27) are viewed as the composition between the old member countries (EU15) and the new member states (NMS12), the statistics exhibit that the EU15 is the largest trade partner of the NMS12. According to the Korea-EU FTA agreement, the existing patterns of trade among the EU15, the NMS12, and Korea may create not only the increase in trade opportunity between the NMS12 and Korea, but also the higher rivalry threat on export from the NMS12 to the EU15 destination due to the potential increase in export from Korea to the EU15 market. This research examines in both potential impacts at the 3-digit level of SITC Rev.3 industry, in the point of view of the NMS12. Various conventional trade indices are employed in the study. However, the existing trade index exhibits the limitation for measuring the different degree of rivalry threat on exports of two different exporters in the same export destination. Hence, this study develops a new trade index, the so-called Rivalry Threat Index (RTI), to measure the export competition between the NMS12 and Korea in the EU15 destination. The results indicate that from the point of view of the NMS12, the EU-Korea FTA agreement may cause Korea acts as a trade partner and as an export competitor simultaneously.

Determination of Four Macrolide Antibiotics Residues in Chicken Muscle Using High-Performance Liquid Chromatography (액체크로마토그래피를 이용한 닭고기 시료에서의 마크로라이드계 동시분석법 개발)

  • Lee, Sang-Hee;Yoo, Miyoung;Shin, Dong-Bin
    • Journal of Food Hygiene and Safety
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    • v.28 no.1
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    • pp.19-23
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    • 2013
  • A simple and rapid method has been developed and validated for simultaneous determination of each macrolides residues (spiramycin, josamycin, tilmicosin, tylosin) in chicken muscle by high-performance liquid chromatography- photo diode array (HPLC-PDA). Chicken muscle sample have been extracted with liquid-liquid extraction process; analytes was extracted by acetonitrile, and then defatted with hexane saturated by acetonitrile. The HPLC separation was performed on a Unison UK-$C_{18}$ ($150mm{\times}3.0mm$, $3{\mu}m$) with a gradient system of 0.1% trifloroacetic acid (TFA) and 0.1% trifloroacetic acid (TFA) in acetonitrile as the mobile phase. The drugs were detected at 232 nm for spiramycin and josamycin, and 287 nm for tilmicosin and tylosin. The limits of quantification (LOQs) were between 27 and $59{\mu}g/kg$; and the intra- and inter-day precision (relative standard deviation; RSD) was between 0.9-13.2 and 2.4-13.1%, respectively in chicken muscle sample. The method may has been successfully applied for multiresidue determination of four macrolides below the maximum residue limits (MRLs) established by the European Union (EU).