• Title/Summary/Keyword: Political Economy

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The political-economical meaning and implication of 'Generation Equity' debate in the Welfare States (복지국가의 세대간 형평성 담론의 정치경제학적 의미와 함의: 미국을 중심으로)

  • Shin, Chang Hwan
    • 한국노년학
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    • v.29 no.2
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    • pp.563-578
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    • 2009
  • Public pension system of western welfare states has been maintained by transfers of public resources between working-age population and old-age population. But population aging cause the problem of fiscal burden on pension financing, so cutback on public spending for the elderly has been on the issue at public agenda. The argument on public spending for the elderly is more aggressively proceeded in the United States than any other welfare states. The argument is concerned with the problems of generation and is going under the rhetoric name of 'Generational Equity' which contends unequal distribution of social resources such as federal budget within generations. This article analyzes the background of 'Generational Equity' perspective and the reason why that argument is actively going forward in the U. S. and political-economy context of that argument. Generational Equity perspective contends that the elderly are getting more benefits and high spending on the elderly has contributing to the rising poverty rate of children. But there are lots of objection to this perspective on the ground that the perspective has weak positive evidences. The reason that 'Generational Equity' perspective has the power only in the U. S. but other welfare states is mainly due to that pluralistic political regime and selective welfare system. This research presents that political-economy meaning of 'Generational Equity' perspective is related to the political regime and welfare system of the society itself. And this research has the implication that our society having a selective welfare system would take a risk of encountering 'Generational Equity' social debate in the near future.

Research on Factors Affecting South Korea's OFDI Based on a Spatial Measurement Model

  • Su, Shuai;Zhang, Fan
    • Journal of Korea Trade
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    • v.26 no.1
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    • pp.99-112
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    • 2022
  • Purpose - This paper empirically investigates via a spatial lag model from the perspective of space economy to find the influencing factors of South Korea's OFDI along with 60 countries. Design/methodology - In the study of regional economic phenomena, we must first test the corresponding spatial correlation, and on this basis, complete the construction of the spatial model. For the target research object, after testing the spatial correlation, if there is spatial correlation, a spatial measurement model is needed. This paper uses the global Moran's I index for calculation. Based on the characteristics and research needs of the research object, this paper selects the spatial lag model to verify the existence of the spatial effect and factors affecting OFDI. Findings - Our results show that export scale, infrastructure, technology level, political stability, resource endowment, market size, distance and labor cost have a certain impact on Korea's OFDI, but at present the distance and market size factors are the most important influencing factors for South Korea's OFDI, The technical level and political stability have little effect on South Korea's OFDI, and are not main factors determining South Korea's OFDI. Originality/value - Through spatial measurement verification, it was found that the spatial effect has a significant impact on OFDI, along with more than 60 countries. On this basis, relevant suggestions are put forward, which have strong practical significance for South Korea's OFDI to achieve healthy and sustainable development.

The Impact of Energy Crisis and Political Instability on Outsourcing: An Analysis of the Textile Industry of Pakistan

  • ARSLAN, Aniqa;QAYYUM, Arslan;AYUBI, Sharique;KHAN, Sohail Ahmed;ASAD ULLAH, Muhammad
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.3
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    • pp.235-243
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    • 2022
  • To help the industry, outsourcing was found to be the most efficient method. An extensive literature analysis was done to assess the macroeconomic factors associated with outsourcing to supplement the anxious parties' decision-making process with evidence-based comprehensive tools. As a theoretical framework for evaluating these issues, transaction cost economies and resource-based perspective theories are investigated. Outsourcing is proven to be a result of energy crises and political instability. The advantages of outsourcing assist major industries in the economy. To discover the key drivers behind outsourcing, we used the vector autoregressive (VAR model) and step-wise regression techniques for the period 1992 to 2016. This research adds to the literature in that it not only explains the energy issue but also discusses the dilemma of political instability in the country in the context of outsourcing. The findings indicate that labor cost and export tendency have a positive impact on outsourcing strategy, which confirms the study's third and fourth hypotheses. Customs tax, inflation, and the unemployment rate, on the other hand, have a negative impact on textile outsourcing in Pakistan, according to the study's fifth, sixth, and seventh hypotheses.

Creative Economy and Region: Three Sources of Creative City (창조경제와 지역: 창조도시의 세가지 원천)

  • Muhn, Misung
    • Journal of the Economic Geographical Society of Korea
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    • v.17 no.4
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    • pp.646-659
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    • 2014
  • Political and academic concerns on creative economy have been increased, despite of the debates on its concepts and socioeconomic implications. This article is an exploratory study about the mechanisms and the sources in which creative economy works. Due to ICT revolution and expansion of individual's networking competency, collective knowledge created by networking and city/region in which the collective knowledge has been embedded became the parts and parcels of creative economy. Three sources of creative city is as follows: regional peculiarity and locality from industrial clustering, intensity of urban networks(openness), and value orientations in regional problem solving.

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A Study on Implementation Plan of Clean Hydrogen Certification System (청정수소 인증제 시행방안 연구)

  • RHEE, HAN WOO;KIM, JIN HO
    • Transactions of the Korean hydrogen and new energy society
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    • v.33 no.4
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    • pp.301-308
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    • 2022
  • The Hydrogen Economy Promotion and Hydrogen Safety Management Act (hereinafter referred to as the "Hydrogen Economy Act") stipulates matters related to certification and cancellation of clean hydrogen by grade, and requires those who produce, import, or sell clean hydrogen to report to the Minister of Trade, Industry and Energy. In order for this system to operate smoothly, the clean hydrogen Certification system must be designed to meet international standards, and the institution operating the System must have appropriate capabilities and foundations. The clean hydrogen certification system should serve as an opportunity for Korea's domestic energy industry to take a leap forward.

A Study on the Relationship Between Clothing Behaviors and General Values, Socio-Economic Backgrounds, for A Group of Male Adults in Seoul (성인남자의 의복행동에 관한 연구 -가치관과 사회경제적 배경을 중심으로-)

  • Lee Sun Hwa;Lim Sook Ja
    • Journal of the Korean Society of Clothing and Textiles
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    • v.8 no.3
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    • pp.43-56
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    • 1984
  • The purpose of this present study is not only to investigate mutual relationship between general values and clothing behaviors, but to analyize the differences in clothing behaviors in view of socio-economic backgrounds, such as professions, social classes, educational levels, monthly income, etc. For the measurement of the general values, a total of 45 questions were made use of from both part I and part II of 'The study of General Values' jointly developed by Allport-Vernon-Lindzey, while for the measurement of the clothing behaviors were used questions selected from 'The clothing variables Inventory' developed by Creekmore and from those previously used in our country for the same purpose. Data were obtained from 460 Persons and the selected sample was composed of 238 Persons from the upper class and of 222 persons from the lower class. The former class is mainly represented by government officials, doctors, company directors, professors, while the latter by factory workers, clerks, drivers. Analysis of the data in this present study reached its conclusions as follows ; 1. Among the general values valiables, the selected group in this study ranked, theoretical values' first, 'political values' 'econmic values', 'social values', aesthetic values', 'religious values' in that order, and also among the clothing behaviors variables it ranked in the following order ; economy' 'modesty' 'aesthetic' 'conformity' 'status symbol'. 2. A significant relationship between general values and clothing behaviors was found as follows ; there are negative relationships between 'theoretical values' and 'aesthetic', 'status symbol', between 'aesthetic values' and 'conformity', between 'social values' and 'status symbol', between 'political values' and 'conformity', on the one; there are positive relationships between political values' and 'status symbol', between religious values' and 'aesthetic', on the other, 3. In view of profession, it was found that a group of company directors placed the most importance upon 'status symbol', a group of factory workers upon 'economy', a group of drivers upon 'conformity' among the clothing behaviors. In light of social classes, 'economy' was given a high priority by the lower class, and 'status symbol' by the upper class, respectively. Considering educational levels, it was found that the highly educated class placed more emphasis on 'status symbol' and the lower educated class showed their preference to 'economy'. In view of monthly pay, 'conformity' was given a top priority by the middle class, and 'status symbol' by the upper class. 4. As a result of investigating the influence that one's age and marriage effect on clothing behaviors, significant differences were found among the three clothing motivations of 'aesthetic', modesty', 'status symbol'.

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Trends and Issues in Social Geography in the 2000s in Korea: (1) Theoretical Discussions (2000년대 한국 사회지리학의 경향과 논제들: (1) 이론적 논의들)

  • Choi, Byung-Doo
    • Journal of the Korean Geographical Society
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    • v.47 no.4
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    • pp.554-567
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    • 2012
  • It can be suggested that social geography in the 2000s in Korea has achieved a considerable development, dealing with various theories and issues. This suggestion can be identified first of all with the publication of several texts of Social Geography in this period. For important theoretical discussions, the neoliberal glocalization process of capitalist economy has promoted geographical researches from the perspective of political economy, and the development of information and communication technology, increasing foreign immigrants, environmental problems such as the global warming, and social participation and empowerment of women in Korea have increased social geographical concerns with and theoretical discussions on informational society and city, multiculturalism and/or transnationalism, political ecology and environmental justice, and feminism. This paper provides a review on these major issues in recent theoretical discussions in social geography in Korea, and suggests a brief comment on its future development.

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Analysis on North Korea Information Research Trend in Korea (최근 북한정보 연구동향에 대한 분석)

  • MYUNG, JAE JIN;LEE, HAN TAE
    • Informatization Policy
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    • v.22 no.1
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    • pp.3-27
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    • 2015
  • The purpose of this research is to analyze research trend of 400 north korea information studies from 2010 to 2014 in korea. The research has narrowed the scope of analysis in five fields : political diplomacy, economy, the military, social culture, human rights in north korea. The result of this research shows that each field evenly counts for 20% of the entire research. According to the types of publications, not only research papers but also graduate theses and books comprise a large proportion of the north korea information study. In the past, the north korea information study focused on political diplomacy and the military, but this research revealed different outcome. Now the study of north korea information has wide variety of subject, but it requires a qualitative growth. It remains still the problem of credibility in research data.

A Research for China's Corruption Problem and the Government's Counter Measures (중국의 부패상과 정부의 대응에 관한 연구)

  • Chun, Ka-Lim
    • International Area Studies Review
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    • v.12 no.2
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    • pp.351-377
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    • 2008
  • Corruption in China became increasingly serious during the early period of its social transition, resulting in severe economic losses and huge challenges to China's government institution, as well as gradually becoming socially widespread. Recently. China's political corruption is an outcome of the attenuated political control, which has been caused by a systemic change from planned economy to market economy since 1978, and the lack of institutionalization to relieve such transition. Besides, the immature market system and state's intervention in the economy are other factors for the corruption. In short, current China's corruption can be regarded as a structuralized phenomenon. This article identified such circumstance by analyzing the scope, degree, and scale of the corruption. Overall assessment of the some factors suggests that present economic modernization is a principal cause for Chinese corruption while the other factors-monopoly power system in the Chinese Communist Party and the transformation of connection-are important but secondary.

The Political Economy of Southeast Asia 2017 (동남아의 정치경제 2017)

  • PARK, Sa-Myung
    • The Southeast Asian review
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    • v.28 no.1
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    • pp.1-20
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    • 2018
  • Southeast Asia witnessed a paradox of political stagnation and economic development in 2017. The 'dual order' of security dependence on America and economic dependence on China was sustained in East Asia. In this regard, Southeast Asia of two faces was quite similar to broader East Asia. On one hand, the old socialist group with totalitarian nostalgia lurked in the buffer zone between totalitarianism and authoritarianism, while the original capitalist group under democratic disguise roamed in the gray zone between authoritarianism and democracy. On the other, the old socialist group with the legacy of the planned economy succumbed to the temptation of the Beijing Consensus on state capitalism, while the original capitalist group with the myth of the market economy was exposed to the pressure of the Washington Consensus on liberal capitalism. The ASEAN Community representing the regional integration of Southeast Asia was caught in the strategic predicament of a looming 'new cold war' between the continental and maritime powers.