• Title/Summary/Keyword: Land Bank

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Land Bank Bond for the Diversification of Land Bank Financing Resources: Comparative Case Study and the Improvement of Legal, Accounting System (토지비축의 안정적 재원조달을 위한 토지은행채권 도입방안: 사례 비교를 통한 법·제도·회계처리 개선방안을 중심으로)

  • Lee, Jong-Kwon;Choi, Eun-Hee
    • Land and Housing Review
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    • v.3 no.4
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    • pp.333-341
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    • 2012
  • The financial resources for public land banking enacted by Public Land Banking Act (2009) are LH (Korea Land and Housing Corporation) contributions, LH Bond, Land Bank revenues, etc. But, in real, the efficient funding resource is mainly LH bond. In these days, LH has experienced deep financial distress, and difficulties in issuing it's bond. Therefore, Land Banking project also has been inactivated because of poor financial resources. As Land Banking project depending its financial resources mainly on LH Bond does not have financial sustainability, it is necessary to reform the fundamental funding structure. This is the starting point for the topic of this paper. This paper suggests to reform the funding structure, and to introduce Land Bank Bond guaranteed by Government, and also to modify the accounting method of Land Bank to separate the Land Bank accounts with LH accounts. The funding structure reform can be summarized as follows; In early stage of the Land Banking project, sufficient government support by guaranteeing the Land Bank Bond is necessary. Gradually, the portion of LH's contribution can be increased in company with LH's financial distress being solved and administration being normalized. When the project reached on the stage of maturity, cash inflows by selling the reserved land can exceed the cash outflows for reserve new land. To introduce the Land Bank Bond guaranteed by government, the Public Land Banking Act (2009) should be revised. Along with this, to modify the accounting method of Land Bank, the rule for public enterprise accounting system must be partially revised.

A Case Study on the Management Models and the Management Mechanism of the Land Storage System of China (중국의 토지비축제도 운영 메커니즘과 운영모델 사례연구)

  • Kim, Chang-Kyoung
    • Land and Housing Review
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    • v.9 no.1
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    • pp.19-28
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    • 2018
  • The purpose of this study is to explore an implication for new perspectives and concrete approaches to Korean Land Banking by analyzing the role of the Land Bank and the Land Storage System in the formation of Chinese Land Market, Land Management, and City Management. Time scope of this research focused on Chinese reform and opening since 1978, when study of land bank began to be actively performed in China. Research targets were Land Bank and Land Storage System related to Chinese Land System, and this research targeted Chinese Land Storage System as research object, which seem to have similar tendency to Korean Land Banking System, after examining the concept of Land Bank and Land Storage System. As the research method, this research arranged the contents and changes of policy based on discussed research documents over Chinese Land Bank and Land Storage System till today since the foundation of the nation. Later, this research investigated the realistic reflection and in-depth investigation of the problems through the operational mechanism and concrete case study of Chinese Land Storage System, a similar policy to Korean land bank, the researchers will look into the reality reflected and will carry out a in-depth study of the problems. China has established its characteristic socialistic market economy system, partly adopting the concept of capitalism, supporting socialism. This way, the researcher considers that such socialistic economic factors with strong welfare aspects can be adopted also in Korea, where capitalistic market economy system is maintained, and be utilized as a new measure for development strategy.

A study on the Introduction Plans of Forest Land Bank System (산지은행제도의 도입방안에 관한 연구)

  • Kim, Jong-ho;Kim, Won Kyung;Kwon, Soon-duk
    • Journal of Korean Society of Forest Science
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    • v.104 no.3
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    • pp.503-511
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    • 2015
  • The purpose of this study is to suggest the introduction plans of forest land bank system for effective forestry management as well as the livelihood stability support of aged forest landowners. It is expected that forest land bank system can contribute to solve forestry management problems caused by small and scattered forest lands, aging forest landowners, and the increase of absentee forest landowners. This study examined an existing related case of Farmland Bank system, and suggested basic directions, main functions, priority, and agency for forest land bank system. The goals of forest land bank system include activating private forest land management, improving forest management scale, and supporting stable forestry income. Based on the examination of this study, main projects of forest land bank involve forest land sale and lease consignment, forest land reverse mortgage, forest land scale improvement project, and forest business recovery support program. In addition, this study discussed potential problems and their solutions in introducing and operating the forest land bank system. This study can play a key role to determine a basic direction and to establish policies of the forest land management.

A Case Study on the Farm Revival Program Conducted by Farmland Bank in Gangwon Province (경영회생지원 농지매입사업 이용실태에 관한 사례연구: 강원지역 농가를 중심으로)

  • Yi, Hyangmi;Kim, Mi Young
    • Journal of Korean Society of Rural Planning
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    • v.20 no.3
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    • pp.201-212
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    • 2014
  • The Farm Revival Program of the Farm Land Bank, implemented in 2006, initiated as the Agricultural Land Bank's business proposal to achieve efficient usage of farm land. Also, expansion of Farm Revival Program will bring positive effects when considering the fact that Farm Revival Program contributes to farm liability issues and management improvements. However, despite the importance of Farm Revival Program, searching for improvement methods through a rural demand survey is very insufficient. The following research limits the target to farms that applied for the management redemption project within Gangwon Province and examined the application motivation, project satisfaction, and demands of the farms. This research holds value as a fundamental data which reflects the demands of farms to better manage Farm Land Purchasing of the Farm Land Bank.

Feasibility Survey on the Introduction of Forest Land Bank System focusing on Forest Owners, Non-forest Owners, and People Who Return to the Farm (산주와 비산주 및 귀농·귀촌인을 대상으로 한 산지은행제도 도입 타당성 설문조사)

  • Kim, Jong Ho;Kim, Won Kyung;Kwon, Soon-Duk
    • Journal of Korean Society of Forest Science
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    • v.103 no.2
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    • pp.278-286
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    • 2014
  • Forestry management problems in South Korea have been caused by small and scattered forest lands, aging forest owners, and the increase of absentee forest owners. To solve these problems, it is a time to consider the introduction of forest land bank system for the expansion of forestry management scale, the effective management of neglected forest lands, and the stable livelihood support for aged forest owners. Therefore, this research implemented the questionnaire survey of necessity, expectation, willingness to use, and introduction plans for the forest land bank system in order to examine the feasibility and demand of the system focused on forest owners, non-forest owners, and people who return to the farm. The questionnaire survey was conducted for 262 of resident forest owners, 152 of absentee forest owners, 427 of non-forest owners, and 101 of people who return to the farm. 77.5% of forest owners and 63.8% of non-forest owners agreed with the necessity of the introduction for the forest land bank system. Both forest owners and non-forest owners would prefer to use forest land reverse mortgage and leasing among projects of the forest land bank. In addition, 75% of people who return to the farm also expected that forest land bank would be helpful to their rural and mountain life, and they would have higher preference to participate in leasing and buying forest lands than other projects. Based on the outputs of the feasibility and demand survey in this research, this study can play a key role in determining basic direction, major functions, types and range of projects as well as providing information for establishing policies of the forest land bank system.

Development and Verification of Eco-hybrid Rolling Mat for Preventing Bank Erosion Based on Large-scale Experiments (실규모 하천 실험을 통한 하안침식 방지 Eco-hybrid 롤링매트 공법 개발 및 검증)

  • Ji, Un;Jang, Eun-Kyung;Ahn, Myeonghui;Kim, Won
    • Ecology and Resilient Infrastructure
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    • v.6 no.4
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    • pp.217-226
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    • 2019
  • Optimum engineering methods for bank protection were classified based on steepness of bank slope and an existence of waterfront facility in the floodplain, and a new concept of eco-hybrid rolling mat method which could be applicable for the unfitted cases with previously developed countermeasures was suggested in this study. The eco-hybrid rolling mat method can be constructed while maintaining the river environment and ecosystem that does not interfere with the ground and slopes, when bank erosion occurs, it is an economical and efficient construction method that can protect the revetment and the bank slope immediately. The developed eco-hybrid rolling mat method was verified for the designed structure, system, function and effect based on large-scale river experiments including field exposure and decomposition test. As a result, the normal operation and effect of the rolling mat ted under low and high velocity conditions were confirmed with respect to bank protection. The effect of bank erosion prevention was quantitatively validated by sediment concentration monitoring and analysis, and the product specification of the eco-hybrid rolling mat was presented based on the standardized mat applied in real-scale tests.

Natural Regeneration Potential of the Soil Seed Bank of Land Use Types in Ecosystems of Ogun River Watershed

  • Asinwa, Israel Olatunji;Olajuyigbe, Samuel Olalekan
    • Journal of Forest and Environmental Science
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    • v.38 no.3
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    • pp.141-151
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    • 2022
  • Soil seed banks as natural storage of plant seeds play an important role in the maintenance and regeneration of watershed. Natural regeneration potential of the soil seed bank of Land use types (LUTs) in Ogun River watershed (ORW) was investigated. ORW was stratified using proportionate sampling technique into Guinea Savannah (GS), Rainforest (RF) and Swamp Forest (SF) Ecological Zones (EZs). Three LUTs: Natural Forest (NF), Disturbed Forest (DF) and Farmland (FL) were purposively selected in GS: GSNF, GSDF, GSFL; RF: RFNF, RFDF, RFFL and SF: SFNF, SFDF, SFFL, respectively. Systematic line transects was used in the laying of the sample plots. Sample plots of 25 m×25 m were established in alternate positions. Ten 1 m×1 m quadrats were randomly laid for soil core sampling from previously randomly selected ten plots. The core samples (10) were pooled per plot in each LUT and placed in individual trays. Ten trays with sterilized soil were used as control. The trays were watered regularly and checked for seedlings emergence fortnightly for 18 months. The experimental design used was 3×3 factorial experiments. ANOVA, Diversity index (H') and Similarity index (SI) were used to analyze the data. There was significant difference in seedling emergence among ecological zones and land use types (p<0.05). A total of 4,400 seedlings emerged from the soil samples. All species were distributed among 32 families. FL in the RF had the highest number of germinated seeds (705±37.33 seedlings) followed by DF in the RF (701±49.6 seedlings). The lowest emergence was in NF of the SF (199±28.41 seedlings). DF in the RF had highest number of species (34) distributed among 22 families. Emergence from soil seed bank of NF in ORW was generally with more of tree species than herbs that were predominant in FL and DF.

Performance Analysis of Co-Existence of DS-CDMA and TDMA System by Using Complex Multirate Filter Bank in Land Mobile Channel (육상 이동통신 채널에서 복소 다중비율 필터뱅크를 채용한 DS-CDMA/TDMA 공존 시스템의 성능 분석)

  • 우병훈;강희조
    • The Journal of Korean Institute of Electromagnetic Engineering and Science
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    • v.11 no.1
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    • pp.1-7
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    • 2000
  • In this paper, we proposed a complex multirate filter bank(CMRFB) based adaptive notch filtering technique to solve the co-existence narrowband interference problem of DS-CDMA and TDMA systems. We have discussed error performance of co-existence of DS-CDMA and TDMA system by using complex multirate filter bank in land mobile channel and computer simulation results show that the proposed scheme can eliminate the narrowband interference(TDMA signals) effectively.

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Prospects and Challenges of Palestinian Logistics System

  • Hassouna, Abdallah M.A.;Kim, Hyun-Duk
    • Journal of Korea Port Economic Association
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    • v.29 no.1
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    • pp.177-193
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    • 2013
  • The purpose of this paper is to shed the light on one of the most important influential factors for the development the Palestinian economy, which is logistics system. The discussion about the Palestinian state and its economy arise after the UN General Assembly voted to grant Palestine a nonmember state. Palestine is considered land-locked country, although it has seashore. Although Palestine has seashore, it is considered land-locked country due to the lack of sovereign logistics infrastructure. International Trade with Israel, Jordan, and Egypt is done through land border crossings. Palestinian international trade to European, Asian, and American countries is currently done through Israeli airports and seaports. Almost 99% of the Palestinian imports are through land. Israeli policies and procedures incur Palestinian exports additional transportation costs when delivering their products to Israeli ports and Airport and even when transit these cargos to neighboring countries through Israeli controlled areas. Therefore, without direct access to international markets, the Palestinian economy will not be able to compete in international markets, and will continue its dependence on the Israeli economy. Considering that the current situation will continue, alternative routes for international trade to avoid using the Israeli ports are Aqaba Port in Jordan and Port Said in Egypt. In the long term, having a seaport and Airport in Gaza, Airport in the West Bank, and constructing the Corridor connecting Gaza and the West Bank, is the only solution capable for independently integrating the Palestinian economy with the region and other countries in the world, and therefore creating competitive advantage for the Palestinian exports.

The necessity of land banking for urban regeneration projects : A case of land banking agency in France (도시재생사업을 위한 토지비축의 필요성 : 프랑스 토지비축기관을 사례로)

  • Kim, Ryoonhee;Kim, Mi-Suk;Lee, Seong-Keun
    • Land and Housing Review
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    • v.9 no.2
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    • pp.9-19
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    • 2018
  • The purpose of the study is to show the possibility of the enlargement of land banking types through employment of the French land bank case. For sustainable urban regeneration projects, it is necessary to improve the land banking system with comprehensive land banking types. There are a total of 35 land banking agencies in France, which are made according to the needs of the municipality. The main function of these institutions is to perform functions such as land acquisition, management, division, land maintenance(decontamination, etc.), land use plan review and so on. In the 1960s and 1970s, mainly purchase and maintenance of land mainly focused on Brownfield and idle land, but since 2000 the land purchase business is mainly for the supply of social rental housing which is missing It was. The use of land banks is most frequently mentioned as a way of how to supply land at a low price in urban renewal projects. To that end, it is necessary to revise related laws, even if the law is revised so that land for urban regeneration projects can be secured, due to the limit of financial resources, land for the urban regeneration project nationwide secured It will not be easy without policy judgment of a positive nation. Therefore, securing land reserve resources for urban regeneration projects utilizing residential district funds and municipal maintenance funds is essential. In addition, even on a small scale, it is necessary to consider the banking of land for regional capitalization at the local government level.