• Title/Summary/Keyword: crisis management

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A Study on the Disaster Management System (재난관리제체(災難管理體制) 에 관한 연구(硏究) -인위재난관리(人爲災難管理)를 중심(中心)으로-)

  • Chong, Chin-Whan
    • Korean Security Journal
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    • no.1
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    • pp.321-350
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    • 1997
  • This thesis is an attempt to find out ways and means needed to improve the disaster management system in Korea(Chap. Ⅰ). For this purpose, I have first reviewed various crisis management systems of foreign countries such as the United States, England and Japan(Chap. Ⅱ), and also reviewed that of our own country(Chap. Ⅲ). All of us knows that our disaster management system has been reestablished through the enactment of the Disaster Management Act of 1995 and the full revision of Natural Harzards Management Act of 1995 after a series of catastrophic man-made disasters since 1993. I took a general survey of the contents and characteristics of the newly made Disaster Management Act(Chap. Ⅳ), and Finally, as a conclusion of this research(Chap. V), I indicated a few disputed points on the Disaster Management Act and suggested several alternatives to improve our crisis management system. The alternatives suggested are as follows (1) Reinforcement of prevention-centered policy and expansion of investment (2) Specialization of the crisis management man-power and securing the rescue equipment (3) Arrangement of the various lessons on crisis and reinforcement of educational training against the disasters (4) Building the cooperative systems between the civil organizations (5) An opinion towards the issues on the unifying the law systems and reorganizaing the new independent institution for the crisis management

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Comprehensive Crisis Management System of Operational Continuity Management (운영연속성관리(OCM)관점에서 위기관리통합시스템 구축)

  • Kang, Heau-Jo
    • Journal of Advanced Navigation Technology
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    • v.14 no.1
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    • pp.127-133
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    • 2010
  • The process for establishment of Operational Continuity Management Plan is organized repeatedly of Business Risk Assessment, Crisis Analysis, Business Impact Analysis, Establishing Business Recovery Strategies, Detailed Planning, Plan Execution, Test and Maintenance(Including Monitoring). Therefore, in this paper in response to global environmental change and the construction and operation of social security systems to maximize operational continuity management, crisis management and crisis management systems, building integrated systems for building technology in general and operational continuity management within an organization to understand developed to provide a framework for implementing operational continuity management in terms of crisis management has proposed to build an integrated system.

A Scheme of Crisis Management for National Aviation Safety (국가차원의 항공안전위기관리 방안)

  • Kim, Yeon-Myung;Hong, Seok-Jin;An, Hyuck-Soo
    • Journal of Korean Society of Transportation
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    • v.23 no.5 s.83
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    • pp.27-34
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    • 2005
  • To develop a crisis management for aviation safety, this study has defined crisis management includes risk management which is eliminates or lowers risks prior to accidents and emergency response after the accidents. A risk management model was developed through wide surveys for aviation hazards including aircraft operation, ATC, and airport operation, etc. The crisis management could not be effective by only using a pre-active risk management. It should also conduct using a pro-active response system. In addition, this study also suggested schemes of development for national emergency response through case studies of aircraft accidents.

National Liability and Fiscal Crisis (국가부채의 재정위기 현황과 감당수준)

  • Jung, Do-Jin
    • Asia-Pacific Journal of Business
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    • v.12 no.4
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    • pp.253-270
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    • 2021
  • Purpose - The main purpose of this study is to measure and evaluate the level of national liabilities that Korea's national finances can afford. Specifically, the concepts of national debt and national liability are clarified, and the appropriate level of national liabilities is measured in terms of short-term fiscal crisis, mid-to-long-term fiscal crisis, and GDP. Based on these measurements of fiscal crisis, this study would like to propose national fiscal management plans. Design/methodology/approach - In order to clearly recognize the difference between the national debt and the national liability, this study examines the data from 2013 to 2020. In addition, this study uses data from the national financial statements from 2013 to 2018 to measure the appropriate level of national liabilities in terms of fiscal crisis management. Findings - Short-term fiscal crises, measured by current ratios, will not occur. Nevertheless, in view of the cash flow compensation ratio, the short-term bankruptcy of the national finances of Korea depends on the re-borrowing of short-term borrowings and current and long-term borrowings. In addition, in order to manage the mid-to long-term financial crisis, it is necessary to pay attention to the liability growth rate rather than the liability size. Research implications or Originality - While previous studies focused on the appropriate level of national debt, this study was differentiated as a study focused on the level of national liability coverage. It is expected that the results of this study will be used to manage the national fiscal soundness.

A study on Improve the Response Capability during the Crisis of Food and Medical Products (식품 및 의료제품 위기 대응역량 향상을 위한 연구)

  • We, Kum-Sook;Hwang, Yo-Han
    • Journal of Korean Society of Disaster and Security
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    • v.8 no.2
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    • pp.27-31
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    • 2015
  • The purpose of this study is to improve the capacity of public officials that can respond quickly and effectively in the event of food and medical products crisis. In order to improve the emergency response capacity, it must be preceded to identify what kinds of response activities and capacities are needed in case of food and medical product crisis. To this end, this study examined the definition of food and drug related crisis, and investigated and analyzed domestic and international leading researches and data about the capacity related to emergency, crisis or disaster. Based on the result of the analysis, the crisis response capacity was defined as 'the ability to quickly perform response tasks at the time of crisis', and the response tasks were identified by analysing the crisis response manuals of the Ministry of Food and Drug Safety. Since identifying the response tasks clearly can be a basis for training, exercise, and evaluation, it is expected to contribute to enhance the crisis response capabilities directly and effectively.

The Scope of Risk, Crisis, and Disaster Management in Wide and Narrow Sense (광의와 협의의 위험, 위기, 재난관리의 범위)

  • Chung, Ji-Bum
    • Journal of the Korean Society of Hazard Mitigation
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    • v.9 no.4
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    • pp.61-66
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    • 2009
  • This study examines the definitions and the scopes of risk, crisis, and disaster management in narrow and wide sense. Generally, the meanings and the scopes of these terms have been used in a very confused manner, and that is the main reason of the difficulty of interdisciplinary approach to disaster related study. In a practical manner, these terms needs to be defined more correctly, for the effective communications among various fields of academic and professional disciplines. This study tries to divide the meanings and the scopes of risk management, disaster management, and crisis management in narrow and wide sense, to define them in a more elaborate manner. Though these three terms can be distinguished in narrow sense, they have almost same meanings when we use them in wide sense.

Contagion in Global Bond Markets

  • Sang-Kuck CHUNG;Vasila Shukhratovna ABDULLAEVA;Sun-Jae MOON
    • The Journal of Economics, Marketing and Management
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    • v.12 no.4
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    • pp.27-36
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    • 2024
  • Purpose: The paper analyzes for detecting unexpected shocks such as global financial crisis and COVID-19 pandemic, and contagion between countries by capturing in the mean-shift, variance-covariance-shift, and skewness-coskewness-shift parameters of interest rates. Research design, data and methodology: A flexible multivariate model of interest rates is provided by allowing for regime switching and a joint skewed normal distribution. The model is applying to the structural breaks of crisis and contagion between the US and the selected global bond markets during the global financial crisis and COVID-19 pandemic, respectively. Inspection of the moment statistics weakly suggests a flight to safety to the US during the global financial crisis and to Canada during the COVID-19 pandemic. Results: The results indicate that risk averse investors had a higher risk appetite for the US and Canada assets during the crisis regimes, compared to their counterparts. Conclusions: The results show that coskewness contagion dominates correlation contagion, and coskewness contagion is significant for the Korea and Japan-US pairs for the global financial crisis and the Euro-US pair for the COVID-19 pandemic. All channels of structural breaks of crisis and contagion are significant when considered jointly, reinforcing the need to consider contagion and structural breaks during crises in a multivariate setting.

China: in the East Asia Financial Crisis

  • Peng Yun-E
    • Proceedings of the KOR-KST Conference
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    • 1998.09a
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    • pp.204-211
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    • 1998
  • This paper reviewed the East Asia financial crisis, how China reacts to its impact, and what lessons should be learned from the crisis.

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A Component Model for Managing Covid-19 Crisis

  • Taweel, Faris M.
    • International Journal of Computer Science & Network Security
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    • v.21 no.7
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    • pp.365-373
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    • 2021
  • Covid-19 posed a serious threat to public health worldwide, especially in the absence of vaccines or medicines. The only viable strategies to combat a virus with a high infection rate were to apply lock-down strategies, transport ban, social and physical distancing. In this work, we provide a domain-specific component model for crisis management. The model allows for building a plan for managing Covid-19 crisis and use the plan as a template to generate a system specific for managing that crisis. The crisis component model is derived from X-MAN II, a generic component model that we have developed for the aircraft industry