• Title/Summary/Keyword: Private partnership

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Analysis on the Welfare Effect of the PPP Implementation (민간투자사업의 후생효과 분석)

  • Kim, Jungwook;Moon, Weh-Sol
    • KDI Journal of Economic Policy
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    • v.35 no.3
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    • pp.1-38
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    • 2013
  • This study investigates the welfare implications of BTL projects using a general equilibrium model with the public sector and public-private partnerships. We show that when the government is not allowed to run budget deficits but private firms is able to overcome the financial constraint, BTL projects performed by public-private partnerships (PPPs) could be a good alternative and improve the welfare of the model economy. This paper quantitatively investigates excessive expansion of PPP projects and several alternatives to retrieve welfare losses caused by such an expansion. Assuming that future rents of BTL projects are not taken into account, we find the welfare losses up to 20 percent relative to conventional government projects. Finally, we show that it would be possible to reduce the losses by transforming the fully depreciated capital stock of the government projects into much smaller new PPP projects.

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Analysis of the Capability of Korean Construction Companies for International Investment Development Business

  • Jang, Hyoun-Seung;Kim, Hwa-Rang
    • Journal of the Korea Institute of Building Construction
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    • v.13 no.2
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    • pp.112-121
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    • 2013
  • Korean overseas construction has been on the rise, and exceeded the 2011 goal of $50 billion by securing $59.1 billion in orders. However, these orders were heavily concentrated in the Middle East (50%) and plant construction contracts (75%). This study suggests that, to maintain growth in foreign markets, Korea construction companies should enter into the high value-added investment development business and aggressively seek ways to diversify their regions of activity and construction types. To secure the entry of Korean construction companies into lucrative markets and better understand the competitive factors facing Korean construction concerns, a survey of the literature and focus group discussions targeting relevant experts were carried out. From those efforts, a list of 44 competitive factors crucial to entering and competing in the international investment development business was developed. Survey responses were analyzed by applying IPA. The results revealed that while Korean concerns compete well in engineering/technical capabilities, maintaining a cooperative relationship with contractors, and warranty/after sales service capabilities, their ability to obtain business information on the target country, to form private/public cooperative systems, and to build international human networks require immediate improvement.

Performance Prediction Model for Public-Private Partnership Projects Considering Stakeholders' Profitability (참여자별 수익성을 고려한 민간투자사업 성과예측 모델)

  • Yeo, Dong Hoon;Yu, Giwon;Lee, Kang-Wook;Han, Seung-Heon
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.35 no.2
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    • pp.471-480
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    • 2015
  • The market of public-private partnership (PPP) projects has reduced from 9.4 trillion won in 2007 to 4.5 trillion won in 2012. However, the need of PPP projects is brought up by a massive down scale of government financial business. Previous studies regarding PPP projects mostly evaluate profitability from the financial perspective or analyze risk factors as a whole. Although PPP projects generally have complex structure involving diverse stakeholders, such as contractor, financial investor, and special purpose company (SPC) operators, existing studies have rarely considered the different viewpoints of PPP project stakeholders. Therefore, purpose of this study is to develop a structural equation model (SEM) considering the diverse stakeholders of PPP projects. To this end, the authors first reviewed the organizational structure of PPP projects. Next, the identification of the factors affecting project profitability are done via comprehensive literature reviews. After that, we conducted in-depth interviews and questionnaire surveys to reflect stakeholders' perspectives (contractors, financial investors, and SPC operators). As a result, a SEM model is developed to analyze direct and indirect effect on the PPP project performances. Finally, using the analysis results, relevant implications and directions for improvements are discussed. The prediction of the business performance of contractor, financial investor, and SPC operator is expect to be possible through the model developed and supports the strategy deduction that is appropriate for the participants.

Case Study on an Oral Health Care Program for Older Adults Based on a Public-Private-Academic Partnership

  • Jin-Sun Choi;Soo-Myoung Bae;Sun-Jung Shin;Bo-Mi Shin;Hye-Young Yoon;Hyo-Jin Lee
    • Journal of dental hygiene science
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    • v.24 no.2
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    • pp.115-123
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    • 2024
  • Background: The population of Gangneung City in South Korea has shown a gradual increase in the proportion of individuals aged 65 years and older, and the most frequently reported diseases for several years have consistently been periodontal diseases, including gingivitis and periodontitis. The regional imbalance in the distribution of dental personnel and resources has emerged as a problem of inequality in the use of dental care. It has been advocated to identify areas with disadvantages in dental care and develop public dental policies based on that. This study aimed to develop a customized oral healthcare program for local seniors based on a Public-Private-Academic Partnership, and to evaluate the oral health status of older adults in Gangneung City. Methods: The participants were residents aged 60 years and above in Gangneung City. A questionnaire including general information, systemic health status, and oral health status was administered to the participants. In addition, oral healthcare and education tailored to each individual's health status were provided once or twice based on their oral health status. The collected data were analyzed using IBM SPSS Statistics 25 for descriptive statistical analysis. Results: Among the older adults in Gangneung City, 75% had at least one prosthesis and exhibited symptoms of gingivitis or periodontitis. Additionally, the modified sulcus bleeding index decreased among participants who underwent the program twice. Over 90% of the participants expressed satisfaction with the program. Conclusion: The program appeared to contribute positively to the oral health promotion among local seniors. Further oral healthcare programs should focus on seniors in rural and old urban areas to reduce disparities in oral health across regions.

A Study on Change in Climate Change Adaptation Governance of Korean Local Governments - Focusing on the Process of Developing the Climate Change Adaptation Action Plan and Its Implementation Stage - (지방자치단체 기후변화 적응 거버넌스 변화 연구 - 기후변화 적응대책 세부시행계획 수립 단계와 이후를 중심으로 -)

  • Koh, Jaekyung
    • Journal of Climate Change Research
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    • v.8 no.2
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    • pp.99-108
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    • 2017
  • This study aims to analyze the features of adaptation governance of local governments by applying a multi-level governance framework, and to draw policy implications. We analyzed changes in governance of 17 metropolitan cities/provinces, and 33 municipalities in terms of horizontal and vertical cooperation in the process of developing 'The Climate Change Adaptation Action Plan' and its implementation stage. The result shows that the plan contributed to the higher level of vertical cooperation between the central and the local governments to a certain extent, however, during the implementation stage, the level of the partnership decreased due to the absence of governance mechanism. These trends were statistically significant at the level of municipalities. The role of Korea Adaptation Center for Climate Change (KACCC) was also diminished after establishing the plan. The horizontal partnership level among the relevant departments of the local governments showed no significant change as the level was low even in the planning stage. Though Public-Private Partnership (PPP) has increased a bit, it was statistically significant only in the municipalities. Moreover, there was no governance mechanism for PPP or it did not work properly. Based on the results above, it is recommended that the effectiveness of the plans should be increased and support for climate change partnerships or forums at a local level that promotes adaptive capacity is needed. The role of metropolitan cities and provinces should be strengthened through building a multi-level partnership structure. Governance institutionalizing for monitoring and evaluation is also needed.

A Study on the Industrial Security Policies in Germany (독일의 산업보안 정책과 시사점)

  • Lee, Sung-Yong
    • Korean Security Journal
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    • no.38
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    • pp.57-82
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    • 2014
  • The purpose of this paper is to introduce the industrial security policies in Germany and to look for the implication for the development of korean industrial security. Due to highly developed economy and industrial technology, Germany has become the main stage for the industrial espionage for a long time. In Germany industrial espionage is classified into two categories; Economy-espionage and Competition-espionage. While economy-espionage is related to the Espionage of foreign intelligence agencies, Competition-espionage means the act of espionage, that is implemented by the private sector. When it comes to economy-espionage, prevention of economy-espionage is the duty of the State, because it threat the national interest. Otherwise, the private sector has to take the responsibility of prevention of competition-espionage. It goes without saying that, the state has to investigate the crime, when espionage happens. But Prevention is more important than investigation in this regard. For the realization of Public-Private-Partnership, the private sector should be the genuine counterpart of the Public through the sharing responsibility of industrial-espionage prevention. Another talking point this paper suggest, is the national ethic in connection with economy-espionage. The State could be not only a actor of espionage prevention, but also a perpetrator. The economy-espionage for the purpose of national interest would not be justified, unless it has nothing to do with national security.

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Emerging Issues of Urban Management and Planning for Seoul

  • Kwon, Won-Yong
    • Journal of the Korean Regional Science Association
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    • v.12 no.2
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    • pp.69-78
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    • 1996
  • This paper intends to raise some of urban policy issues of managing and planning Seoul for the twenty first century. As one of the world's most dynamic megacities, Seoul is faced with at least two trends: one is globalization of the economy, and the other is humanization of urban development in relation to people's quality of life. Given this context, there are emerging issues in a time of transition as the following; pedestrianization, decline of city master plan, micro land use control, citizen involvement, metro-wide management, infrastructure provisions and maintenance, sustainable development, urban information sustaniable development, urban information system, and public-private partnership.

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5G 코어망 기술: 소프트웨어와 콘텐트 지향 관점

  • Kim, Cheol-Hun;Lee, Seong-Won
    • Information and Communications Magazine
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    • v.31 no.6
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    • pp.39-45
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    • 2014
  • 최근 발표된 5G PPP(Public-Private Partnership) 에서도 나타나듯이, 차세대 네트워크의 변화는 소프트웨어와 IT분야에서 발전된 기술이 Telco 사업자의 네트워크로 전이되는 현상을 보여주고 있다. 특히 망의 중립성에 대해서도 "추가적인 망 투자를 수행한 콘텐트 제공업자의 콘텐트를 차별적으로 지원하는 것은 정당하다"는 개념도 확산되면서, 콘텐트를 인식하고 차별화된 서비스를 네트워크에서 제공하는 것이 수익 증가의 수단으로 부각되고 있는 상황이다. 이에 본고에서는 5G 코어망 기술의 발전을 소프트웨어와 콘텐트 지향적인 관점에서 알아본다.

Measures for Activating Participation of Private Forest Owners in Leading Forest Management Zone (선도산림경영단지의 산주참여 확대 방안)

  • Kim, Young-Hwan;Bae, Jae-Soo;Cho, Min-Woo
    • Journal of Korean Society of Forest Science
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    • v.106 no.4
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    • pp.441-449
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    • 2017
  • Participation of forest owners is essential for effective management of private forests. This study aimed to find a measure to activate participation of private forest owners in the Leading Forest Management Zone (LFMZ). In-depth interview was conducted to check the participation level of forest owners within the LFMZ and the participation level was evaluated based on the Arnstein's eight-rungs theory in this study. The results showed that the participation of private forest owners in the LFMZ is perfunctory and their influence in the decision-making process is quite limited. Therefore, it is necessary to develop a system in which forest owners can involve in the decision-making process in an official manner. In this study, we suggested to make a partnership between local forest manager and private forest owners to discuss management activities and budgets in the LFMZ. However, since only a few active private forest owners were surveyed in this study, it is hard to consider their opinions as those of whole forest owners in the LFMZ.

The Public-Private Partnerships and the Fiscal Soundness of Local Governments in Korea

  • LEE, HOJUN
    • KDI Journal of Economic Policy
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    • v.39 no.1
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    • pp.41-82
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    • 2017
  • This paper studies the risks associated with local finance in Korea by identifying the financial status of each local government, including the financial burdens of PPP projects, and examined governmental future burdens related to PPP projects. We reviewed all fiscal burdens associated with projects, such as, for BTL (Build-Transfer-Lease) types of projects, facility lease and operating expenses, and, for the BTO (Build-Transfer-Operate) types of projects, construction subsidies that are paid at the construction stage, MRG (Minimum Revenue Guarantee) payments and the government's share of payment. Furthermore, we compared the annual expenditures of local governments on PPP projects against their annual budgets and checked if the 2% ceiling rule could be applied.