• Journal of Arbitration Studies
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• v.26 no.4
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• pp.83-109
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• 2016

Recently, China has brought many political, economical, and ideological changes in order to complete the "socialistic market economy." In terms of legal system, they make much effort to seek compatibility and stability of law and order. China recognizes that the breakdown of corruption, which is rampant in society, is an essential short-cut for national development. To realize anti-corruption reformation, it strengthens the supervision of relatives and close officials of high-ranking government officials. Recently, China has suffered from expanded trade disputes internationally and has also experienced severe management-labor conflicts domestically due to economic recession. From 2012 onward, civil lawsuit and other litigations have increased sharply. Also, they face severe conflicts in the land system. It is expected that many disputes arise due to speculation on rural housing. Meanwhile, Mongolia expands the size of trade with Korea in mutual cooperation since their diplomatic relation in 1990 by entering more than 20 treaties and agreements. As Mongolia has rich natural resources and Korea is equipped with advanced science and technology, the two countries have opportunities to develop mutually beneficial cooperative relations. Recently, the arbitration system has attracted attention instead of litigation as a means of dispute settlement in line with the expansion of trade between Korea and Mongolia. This study would be helpful to figure out desirable methods for dispute settlements in case of trade disputes among Korean companies that would advance into China and Mongolia.

• Journal of Korea Port Economic Association
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• v.28 no.4
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• pp.149-168
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• 2012

International trade is becoming more and more important in this age of globalization. In particular, It is very important to export for South Korea economy. An important factor in export performance is logistics firms' competitiveness and resources. Nevertheless, many scholars and researchers are overlooking the role of logistics firms in the export market. Most studies have focused only on the capability of export companies without considering the capacity of logistics companies. This paper is attempted to analyze the competitiveness of logistics which affect export performance. So this study adopts the moderated regression analysis. The results analysis shows that logistics firms' resource level were statistically significant on export performance. The moderating effect of logistics firms' resource level was found in the relationship between export performance and international orientation. Lastly, the moderating effect of the logistics services level on the relationship between export firms capacity and export performance was statically significant.

• Journal of Korea Port Economic Association
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• v.29 no.1
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• pp.67-76
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• 2013

It has been more than four years since the outbreak of global financial crisis. However, the world economy continues to be challenged with new crisis such as the European debt crisis and the fiscal cliff issue of the U.S. The global economic environment remains fragile and prone to further disappointment, although the balance of risks is now less skewed to the downside than it has been in recent years. It's no wonder that maritime business will be bearish since the global business affects the maritime business directly as well as indirectly. This paper, hence, aims to predict the Baltic Dry Index representing the shipping business using the ARIMA-type models and Hodrick-Prescott filtering technique. The monthly data cover the period January 2000 through January 2013. The out-of-sample forecasting performance is measured by three summary statistics: root mean squared percent error, mean absolute percent error and mean percent error. These forecasting performances are also compared with those of the random walk model. This study shows that the ARIMA models including Intervention-ARIMA have lower rmse than random walk model. This means that it's appropriate to forecast BDI using the ARIMA models. This paper predicts that the shipping market will be more bearish in 2013 than the year 2012. These pessimistic ex-ante forecasts are supported by the Hodrick-Prescott filtering technique.

• Journal of Digital Convergence
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• v.18 no.11
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• pp.267-272
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• 2020

Macroeconomics are one of the indicators that are preceded and analyzed when analyzing stocks because it shows the movement of a country's economy as a whole. The overall economic situation at the national level, such as national income, inflation, unemployment, exchange rates, currency, interest rates, and balance of payments, has a great affect on the stock market, and economic indicators are actually correlated with stock prices. It is the main source of data for analysts to watch with interest and to determine buy and sell considering the impact on individual stock prices. Therefore, economic indicators that impact on the stock price are analyzed as leading indicators, and the stock price prediction is predicted through deep learning-based prediction, after that the actual stock price is compared. If you decide to buy or sell stocks by analysis of stock prediction, then stocks can be investments, not gambling. Therefore, this research was conducted to enable automated stock trading by using macro-indicators and deep learning algorithms in artificial intelligence.

• Management & Information Systems Review
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• v.28 no.2
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• pp.21-39
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• 2009

This study examines the international differences in tax compliance and relates these differences to selected determinants of tax morale and Hofstede's Cultural dimensions. The findings of the empirical investigation of data from 38 countries during 5 years(2000-2004) indicate that tax compliance is highest in countries characterized by high economic freedom, high effective competition laws, high government transparency, low shadow Economy, and low power distance. It shows that a powerful deterrent to tax evasion is the creation of a tax morale. Where individuals can exercise their economic rights in terms of economic freedom, important equity market and effective competition laws, in a safe environment that improves their quality of life, they are more prone to view tax compliance as less of a burden and more of a citizenship duty. Our results indicate that policymakers should consider cultural values when designing tax compliance legislation and investigating possible behavior irregularities.

• Journal of the Korean Geographical Society
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• v.39 no.4
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• pp.683-695
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• 2004

It is generally found that geography majors' progression in society has a very limited scope in Korea and this is one of the causes of lessening geographers' job market. As an attempt to draw a solution to this problem, this paper, by a close examination of the French case, tries to discuss the possibility of geographers' participation in the public sector. Geographers' participation in political and social issues has long history. They acted as providers of geographical knowledge on human and physical features of the world and also as counsellors for effective administration and politics. French geographers evaluate that it is the characteristics of geography that enable geographers to progress into the public sector. They also perceive that such fields as regional development, environment, economy, tourism, international politics are possible ones for geographers. Some implications can be drawn from this case study to extend geographers' participation in the pubic sector in Korea; it is required to sustain open mind to every field of social sciences, to improve specialized as well as generalized knowledge on geographical features, and to provide practical knowledge on spatial analysis and management.

• Journal of the Korean Geographical Society
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• v.32 no.2
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• pp.155-174
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• 1997

This paper's main objective is to present an assessment of the impact of NAFTA on the economic structure of the Mexican northem borderlands. The NAFTA is the strategy of a free trade agreement with the United States and Canada, first mentioned by Salinas in June 1990 and established since January 1994. Mexican govemment permitted factories called maquiladoras at the northem borderlands for the first time in 1965. in the early 1980s Mexico was in a deep economic crisis and the international environment was adverse to Mexico. Mexico began to move toward an open economy and abandoned the import-substitution industrialization model that characterized Mexico since the 1930s. Through the new economic reform, the market system was preferred to the regulation; the private ownership, to the public ownership; and the competition, to the protection. The most phenomenal urbanization in northem Mexico has occurred around the major crossing points along the Mexico-U.S. border. The rapid urbanization in northern Mexico has been much due to the industrialization, brought about bv the maquiladora programs and, recently, by the NAFTA.

• Journal of the Economic Geographical Society of Korea
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• v.12 no.1
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• pp.83-95
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• 2009

This paper provides a general overview and critical assessment of Daedeok Science Town (DST) in Korea, mainly through the lens of the related literature. DST symbolizes the government-led creation of a new science town and represents a bold attempt to consolidate national R&D efforts in a designated area with a view to supplying basic scientific knowledge to industries nationwide. It has achieved considerable success by improving the research environment and promoting venture spin-offs and network formation. However, while DST has played a pivotal role in ushering in the era of the knowledge-based economy, new measures are required for it to remain viable. To this end, efforts should be made to direct government support toward new firm establishment, finance, and tighter networking. DST also needs to host large corporations in the area as these could both act as a market for venture businesses and serve as providers of funds.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• v.29 no.1
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• pp.369-375
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• 2005

The rapid growth of economy in china leads to concentrate throughput volume of World to North East Asia. Ports in North East Asia have to cope with rapid changes in environments. In order for a port to compete in the global market, it must provide proper productivity and promptly services of port. The system of information hold a key in port-logistic industries. Most ports make every effort to set up and operate the system of Information. Busan port already set up the system of port-logistic information such as Port-Mis, KROIS. But it is not activate yet because of problems of security and certification and so on. The purpose of this paper is to make Model which can activate the system of port-logistic information. In addition to, We suggest definite and feasible model by group and types of port-logistic industry.

• Korean journal of communication and information
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• v.76
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• pp.31-60
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• 2016

The task of this essay deals with the China's Cultural Rise in analizing the power of media and 'Go Global' policy. The phenomena of Chinese cultural hegemony over Asia beg study. I review the Chinese cultural industry going global. The notion of cultural hegemony is introduced in this study, in order to explain the rise of China accelerating a penetration and influence of Chinese cultural capital and its power. A peaceful rise of China links to its cultural hegemony over Asian countries. Currently, China has not sufficiently enjoyed the soft power due to its lack of globally accepted ideological dynamics in China's culture and media. But in the near future, market-driven Chinese cultural capital and contents will replace Korean ones.