• Title/Summary/Keyword: Market economy

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Perspective on Revaluation of Chinese Yuan and Effects on the Korean Exports (중국위안화의 평가절상가능성과 대중수출기업의 대응방안)

  • Lee, Oun-Young
    • International Commerce and Information Review
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    • v.6 no.2
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    • pp.385-400
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    • 2004
  • China has pegged its currency to the US dollar (at RMB 8.3 to the dollar) since 1994. The yuan's dollar peg has increased demand for chinese exports, which account for about a third of gross domestic product. The peg has also helped to attract $308 billion in foreign investment. But there has been criticism that China has over the past two years been engaging in protracted, large-scale intervention in one direction in exchange markets. According to many reports, RMB is undervalued by somewhere between 15 and 30% by manipulation. China may not want to float the currency at once, since doing so would have a dramatic and negative effect on the economy. However, there has so far been strong pressure from trading partners including the Unite States, Japan, EU. Considered all these things, China may eventually allow some changes in the Yuan's value. This may come in the form of widening a band of movement for the currency, rather than letting it float freely in the market.

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An Empirical Study on Export Risks Identification of Exporting Firms of Digital Goods (디지털재화수출기업의 수출위험인식에 관한 실증연구)

  • Kang, Hyun-Jae;Bae, Jung-Han
    • International Commerce and Information Review
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    • v.9 no.3
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    • pp.107-129
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    • 2007
  • In 1990s, both development of internet and digital economy would make new products such as digital goods. Recently, digital goods composed of softwares, digital contents, and digital services have grown up rapidly in the world market. Characteristics of goods and transaction forms in the international trade of digital goods is different from those of traditional goods. Thus, this difference would appear a new risk that did not exist in the international trade of traditional goods. Identification and confirmation about unique export risks of digital goods would be necessary to the increase of export of digital goods needs; however, in spite of the importance, very few studies have been based on the export risks of digital goods particularly in research on the relationships between export risk management and export performance. This study classifies the types of export risks based on the previous studies, and examines the relationship between both management and identification of export risks.

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Factors for Shopping Malls to be Successful in Delhi Ncr (India)

  • Mullick, N.H.
    • Asia-Pacific Journal of Business
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    • v.4 no.1
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    • pp.25-30
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    • 2013
  • Today a consumer is confused and he looks only for values in relation to the prices spent by him/her in the buying process. He/She relates value in terms product pricing, brand value, his experiences etc. This therefore gives a vast scope for organized retailing that can make products available as per the aspirations of the consumer. For these organized retailers, Shopping Malls are acting as a catalyst and helping them to enhance their growth all over the country. They are providing them the required infrastructure and also helping them to achieve a faster growth. The present study is therefore done visualizing the opportunities available in the Indian market and the issues faced by the mushrooming of Malls in Indian metropolitan cities making their survival difficult due to cut-throat competition. This is also resulting in poor occupation and is not able to find neither the right rentals nor the footfalls.

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Determinants of the customer loyalty in the Korean 3G telecommunications market: The role of the customer's innovativeness

  • Lee, Dong-Joo;Kim, Myoung-Soo
    • Asia-Pacific Journal of Business
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    • v.6 no.1
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    • pp.1-15
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    • 2015
  • In our study, we tried to develop and test a model that aids further understanding of the sources of customer loyalty in the 3G telecommunications service. In addition, as the 3G could be understood as an innovative telecommunications service, we assume that the impact of factors related service attributes affecting customer loyalty is moderated by the customer's innovativeness. We analyzed our research model using 3G service users' data in Korea. Our results will have significant strategic implications for firms in this highly competitive industry. Particularly, it can be useful for mobile carriers interested in customer retention management and supposed to deliver a new telecommunications service like the 4G service that is on the horizon.

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A Study on Planning and Modeling System for Corporate Decision-Making (회사영업 및 경영의사결정지원을 위한 회사계획 및 모델화시스템에 관한 연구)

  • 이정록
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.8 no.12
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    • pp.49-63
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    • 1985
  • This paper is focused on the introduction of the types of models and explanation of the fundamental concepts and theory for development and use of the corporate planning and modeling system. Nowadays, a great deal of companies have been or experimenting with some form of a corporate planning and modeling system to support managerial and strategic decision making. From previous studies it was noted that most applications have tended to be financially based. This trend will probably continue. However, with the software and hardware currently available it is likely that companies will move more toward integrated models that link marketing, production, as will as financial areas. More emphasis will undoubtedly be placed on the use of econometric modeling, since this subelement of the overall planning and modeling process is closely tied to the market place and the economy. At any rate, wherever the development of corporate planning and modeling system is directed, clear understanding for the fundamental concepts and elements of the system is settled in advance in order to develope and use it.

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A Study on Settling the New Paradigms for Planning Elderly Housing (노인주택 계획을 위한 새로운 패러다임의 구축에 관한 연구)

  • 전경화;홍형옥
    • Journal of Families and Better Life
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    • v.22 no.1
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    • pp.1-9
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    • 2004
  • This study is about the ‘paradigm’ which works as a theoretical base for planning and managing elderly housing. For this purpose, this study surveyed published research works, and analysed the contents and the paradigms of the researches. This is based on the literature survey, and surveyed 66 research works published in the last 8 years. The result of the survey tells us that almost all of the research works done by Korean scholars are based on the rational approach to the design of elderly housing. They emphasize ‘functional rationalism’ ‘technical perfection’ ‘reasonable program’ ‘economy and market’, etc. However, such qualities as‘character of human being’ ‘depth of existence’ ‘identity of culture’ ‘speciality of place’are not emphasized. This means that paradigms used by Korean scholars are biased, and are far from the plural culture characterizing 21 st century. This study, therefore, analysed new paradigms appeared on the recent research works about housing environment, and suggests several new paradigms which would be essential for future planning of elderly housing.

Power Density Characteristics Analysis and Design of Magnetic Gear according to Speed for Drive Train of 10MW Offshore Wind Turbine (10MW급 해상풍력발전기 드라이브 트레인을 위한 마그네틱 기어의 속도별 설계 및 출력밀도 특성분석)

  • Kim, Chan-Ho;Kim, Yong-Jae
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.64 no.12
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    • pp.1718-1723
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    • 2015
  • The diameter of the rotor of 2MW wind turbine is being developed by a number of companies with more than 80m, reliability and economic efficiency of the wind power generator has been improved. The need for large-scale wind turbine with excellent economy has been attracting attention because the new orders and the location of the wind turbine market has reached a limit. Technology development for enlargement of wind turbine is possible not only the improvement of energy efficiency but also reduce the construction costs per unit capacity. However, mechanical gearboxes used in wind generators have problems of wear, damage, need for lubrication oil and maintenance. Therefore, we want to configure the gearbox of a large-scale wind turbine using a magnetic gear in order to solve these problems of mechanical gearbox.

Electronic Signatures Law of Advanced Countries (각국의 전자서명법 현황)

  • 박성욱;이현우
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2004.05b
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    • pp.521-524
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    • 2004
  • The enormous Electronic Commerce along with the rapid development of information technology is having a profound impact on the world economy. Electronic Commerce makes regional business and economics less local and more global in keeping with long-term trends toward market liberalization and reduced trade barriers. The purposes of the paper are to show worldwide electronic sign law and develop supportive strategies of the Korea

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The Actual Situation of Japanese Resources and Recycling Industry ---Considering METI's Eco Town Project (일본의 자원 리싸이클링 산업 동향)

  • Togawa, Kenichi
    • Proceedings of the Korean Institute of Resources Recycling Conference
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    • 2005.05a
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    • pp.19-19
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    • 2005
  • In this paper, the author analyzed the characteristics of cycle Economy which is a key concept of current Japanese environmental policy. The Japanese government has adopted the Eco Town Project in order to grow up vein industry. But it is not clear that Eco lown project alms to create cycle society or sustainable society. When considering the location of vein industries, it is important to consider how efficient this industry collects wastes and develops a recycling goods market. Present Japanese law requires the people and companies to reduce waste. As a result, conventional manufacturing discharges waste this is too massive for vein industry to dispose of or recycle.

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Formation of Corporate Governance in Korea: The Rise of Chaebols (1910-1980)

  • Gwon, Jae-Hyun
    • Asian Journal of Business Environment
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    • v.5 no.4
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    • pp.67-72
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    • 2015
  • Purpose - This aim of this study is to examine how conglomerates in Korea have evolved from the perspective of institutional economics. The growth of the economy, dominated by large conglomerates, is projected in light of the dynamic equilibrium between government and capitalists. Research design, data, and methodology - The historical formation of big business groups is examined in chronological order. For the analysis, we divide the assessment into three different eras: Japanese colonial rule, liberation up to the civil war, and the fast growing period since the military coup. Each period is viewed as a dynamic equilibrium that is shaped by economic agents. Results and Conclusion - Despite the rise of modern commerce during the colonial era, contemporary conglomerates came into being with the "enemy property" allotted by the government. Around the civil war, the government coexisted with prototype conglomerates through foreign aid. As the external aid decreased, the system could not be sustained anymore, thus the military coup took place. The reinstated strong bond between government and the conglomerates has shaped the forms of the modern conglomerates thereafter.