• Title/Summary/Keyword: economic instability

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Some Advises for Building Development Plan of the The Bangsamoro in Mindanao (필리핀 방사모로 이슬람 자치지역의 개발정책수립을 위한 제언)

  • Lee, Choong Lyol;Bang, Insung
    • The Southeast Asian review
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    • v.24 no.1
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    • pp.133-190
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    • 2014
  • We have examined its current economic conditions and status of the Bangsamoro in Mindanao and derived some important policy recommendation to build the future development plan. For this purpose, we first estimate the economic size and GRDP per capita and investigate next several economic and social indicators such as poverty rate and industrial structure. We find that the Bangsamoro is the least developed region in Philippines whose average income is the lowest and whose poverty rate is the highest in the Philippines. In addition, its industrial structure is very falling behind. Applying simple theory of economic growth, we find that several economic reasons such as lack of private and public investment caused by the political instability, high illiterate rate and less education, incapability of local government account for it. As a result, several policy recommendations are suggested to make the development plan of the Bangsamoro. First, the plan should be very comprehensive and second, it should be a very sustainable one equipped with the long run one and short run one. Third, the plan should be harmonized with that of the central government and those of neighboring local governments. Fourth, it should exploit the assistance of international development organization.

A Descriptive Study on the Economic Activities of Middle-aged Adult Wage Workers

  • Lim, Ahn Na
    • International journal of advanced smart convergence
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    • v.8 no.3
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    • pp.1-6
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    • 2019
  • Adults in their middle age are being held back by their roles through economic activities, but their rapid retirement and job sharing are adding to their anxiety. Also, it is very important to establish welfare policies for the elderly in the future because it can predict the economic situation in the old age through the economic activities of middle-aged adults. My study analyzed the 6th data of Kreis of the National Pension Research Institute's. The number of people studied is 2,552 employed people aged 40 or over 64 across the country. According to the analysis, there were more men than women. There were many high school graduates and 50s. There were many people who had spouses and who lived in the province. Wage workers represented 53.1% of the total. The lower the age, the higher the level of education, the higher the number of wage earners. Only 29% of standard workers and 30.8% of regular workers were employed. There were many economically unstable middle-aged adults. Economic instability in the middle age requires social attention because it can lead to poverty in old age. Therefore, measures should be taken to ensure stable jobs for middle-aged adults, whose spending increases more than their income.

A Study on the Influence of Women's Economic Risk Perception on the Fertility Gap (여성의 경제생활 위험인식이 출산 격차에 미치는 영향에 관한 연구)

  • Jung, Yun-tae
    • 한국사회정책
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    • v.25 no.2
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    • pp.219-241
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    • 2018
  • The purpose of this study is to analyze the effects of women 's perception of economic risk on the fertility gap. This study analyzed how the economic risks such as the risk of unemployment and poverty, the risk of housing insecurity, the risk of financial instability and the risk of economic downturn affects the gap between the actual number of children and the ideal number of children. For this purpose, exploratory factor analysis, reliability analysis, correlation analysis and multiple regression analysis were performed using the KGSS(Korean General Social Survey) 2014 dataset. The result of the analysis shows that women who perceived economic risk seriously had fewer children but had a higher fertility gap. This study suggested policy suggestions based on the above results.

The Merge of the National Medical Insurance System and the Financial Analysis of the Medical Insurance Program for the Self-employeds (의료보험 통합과 지역의료보험의 재정분석)

  • 사공진
    • Health Policy and Management
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    • v.8 no.1
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    • pp.135-154
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    • 1998
  • In Korea, the institutional reform for the national medical insurance system is in process. Eventually, three kinds of the national medical insurance system, i.e., medical insurance program for the industrial workers, the govemment employees and the private school teachers, and the self-employeds, would be merged into an unifed system. In this study, I analyzed the annual trends of the finance in the medical insurance system in Korea, in which I found the financial instability especially in the medical insurance program for the self-employeds. The regression analysis was carried out to forecast the accumulated reserve at the end of this year for the medical insurance program for the self-employeds. I also analyzed the economic effect of the merge of the medical insurance program for the self-employeds by using the case of Japan and Korea. I found that the medical insurance for the self-employeds is expected to have financial deficit at the end of the year 1998 after the merge. In onclusion, it seems to be quite difficult to solve the financial instability in the medical insurance program for the self-employeds after it would be merged. That means that there would be a lot of problems on the way to the merge.

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The Impact of Geopolitical Risk on Financial Conditions of Emerging Economies

  • BAJAJ, Namarta Kumari;AZIZ, Tariq;KUMARI, Sonia;ALENEZI, Marim;MATHKUR, Naif Mansour
    • The Journal of Asian Finance, Economics and Business
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    • v.10 no.1
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    • pp.133-143
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    • 2023
  • The detrimental impacts of financial instability on the world economy during the financial crisis highlighted the requirement to understand the existing financial circumstances. Stability and developments in financial conditions are important for economic prosperity. This study analyses the impact of geopolitical risk on the economic conditions of some specific emerging economies using monthly data from January 1999 to September 2016 by applying a fixed-effects panel data model. The estimation results demonstrated that geopolitical risk has a significant, negative impact on financial conditions. It shows geopolitical risk could be seen as a key factor that contributes towards financial conditions. Further, it implies that negative shocks of high geopolitical risk experienced by emerging economies are one of the primary reasons for the financial conditions' deterioration. The findings provide important insights for governments, policymakers, and investors. For instance, governments and politicians should refrain from expressing or producing tension, economic discomfort, or news that is likely to increase a high geopolitical risk. Maintaining a close eye on geopolitical risk and its sources may also help to stabilize financial conditions and develop a well-functioning financial system. As a result, investors would be better informed about an economy's economic and financial conditions, allowing them to diversify their international portfolios and devise investing strategies during uncertain economic times.

Analysis of Determinants on the Entry Modes of Multinational Firms: Focused on the Effects of Corruption and Political Instability (해외진출 기업 유형의 결정요인 분석: 부패와 정치적 위험 영향을 중심으로)

  • Cho, Jung-Hwan;Kim, Tae-Hwang
    • Korea Trade Review
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    • v.43 no.1
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    • pp.177-197
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    • 2018
  • This paper aims to analyze the effects of external uncertainty on the entry modes decision of multinational firms. On the basic assumption that the entry modes of the firms are dependent on ex-ante or ex-post perceived risk, we empirically analyzed the impacts of perceived risk factors on the investment patterns of firms. We found that the larger the population, the higher the level of GDP per capita, and the larger the trade volume as a ratio of GDP resulted in increased M&A FDI and greenfield FDI. The economic growth rate variables were found to be significantly positive effect on only greenfield entry mode. Regarding the main variables, lower levels of corruption and increased stability regarding political issues resulted in the host country receiving increased M&A investment. However, we found only a positive statistical significance of the political stability variable on the explaining greenfield FDI. Results show that M&A entry mode is affected by both corruption and political instability level. However, the greenfield FDI featuring sunk costs, seems more responsive to political instability.

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Regional Differentials in Elderly Suicide Rate: The Focusing on Effects of Family Instability, 1995-2005 (노인자살률의 지역별 편차: 가족불안정의 영향을 중심으로, 1995-2005)

  • Ryu, Jung-Kyun
    • Korea journal of population studies
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    • v.31 no.2
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    • pp.21-44
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    • 2008
  • The main purpose of this study is to examine the effect of the family instability on the elderly suicide and to examine the change over time. An analytical model of causal structure was set up with residence, family instability and socioeconomic level as explanation variables for this study. The cause of death statistics and micro-data from the vital statistics for 1995, 2000 and 2005 were used. Family instability was measured through divorce, and the rate of elderly(male and female) suicide as well as the suicide rate of the elderly and those in their 20-50's was used for this analysis to examine the effect of divorce. This study hypothesized about family instability and elderly suicide through a literature review. This paper presents maps of the suicide rate by using GIS, and then ANOVA and regression analysis are carried out to verify a difference in the elderly suicide rate affected by residence and divorce. Divorce rate appears in most areas with a high level centering around metropolises except the central inland area. The rate of elderly suicide which stayed in only specific regions with a high level has increased as time went by, and the graph leveled high in most regions except the southwestern coast. In addition, the elderly suicide rate was increased rapidly in rural areas for the most recent 10 years. This shows the seriousness of problems of the aged in rural areas. Through the periods of economic crisis, a sudden increase in divorce causes family instability, which increase the suicide rate increasing. Divorce affects the elderly suicide rate and the 20-50s' suicide rate in the same way, and the stronger effect goes to the elderly rather than those in their 20-50s'. Regarding elderly suicide, the divorce has a different effect by gender, affecting males more than females. With these facts, we can draw the conclusion that family instability has the most significant effect on elderly males' suicide.

A Study of the Development of a National Financial Health Maintenance in Response to Economic Crisis (경제위기 대응을 위한 국가재정 건전성 유지 발전을 위한 연구)

  • Kim, Young-Hu
    • Journal of Digital Convergence
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    • v.12 no.1
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    • pp.23-36
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    • 2014
  • Recently economic crisis has brought world economic instability. Each country in order to stabilize the economy, fiscal rules are introduced or reinforced. Fiscal Policy in a country plays an important role in determining the economic situation in the present and future. Existing fiscal rules tend to place a rigid limit not only on the deficit ratio and thus on the scope for fiscal stabilization, but also on the extent to which fiscal policy can be used for structural purposes. But the fiscal rules are operated in many ways and adopted in various forms, with different binding of each other, according to their own fiscal situations, and political circumstances. This study shows several important factors for successful National fiscal system and continuous fiscal soundness and development.

Adopting the Electronic Services in the Light of Coved 19 from Employees' Perceptive in Karak University College

  • Allahawiah, Sattam;Altarawneh, Haroon;nawaiseh, Kafa al
    • International Journal of Computer Science & Network Security
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    • v.22 no.10
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    • pp.389-399
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    • 2022
  • This study aims to investigate and analyze the impact of the COVID-19 pandemic on the adopt electronic services in education sector in Jordan, where the COVID-19 pandemic has left huge threats in terms of health and led to a significant decrease in economic output and a rise in unemployment. This study also aims to know the steps taken by the Jordanian governments and higher education ministry and universities to overcome this crisis and mitigate the economic and financial impacts that would enhance the resilience of the education sector. To achieve the goal of the study, both methods of deductive and inductive analysis were used, which helped us to systematically consider the economic and other consequences of the COVID-19 pandemic, such as statistical analyses and other tools that helped us in this study. The results of this study, showed that the COVID-19 pandemic led to a significant increase in adopt electronic services in education sector in Jordan, and decline in economic growth, a significant rise in unemployment, an increase in market instability, and a decrease in the financial position of companies. The recommendations concluded that Jordan should begin to change its policies according to the new data, and take Measures to advance the education sector by relay on electronic services and directing investment in education sector through saving policies and infrastructure equipment in parallel with the population boom in Jordan.

Analysis of cabbage acquisition by kimchi processor

  • Ga Eul Kim;Seon Min Park;Sounghun Kim
    • Korean Journal of Agricultural Science
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    • v.50 no.3
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    • pp.447-456
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    • 2023
  • Cabbage, which is one of the main materials of kimchi, normally has an unstable supply due to cultivation and climate conditions. This unstable supply negatively affects the profitability of kimchi processors in Korea. Thus, kimchi processors found a better method for acquiring a consistent cabbage supply with long-term storage of over 3 months. However, a consensus regarding the best method for the stable and economical acquisition of cabbage remains controversial. This study aimed to analyze the current issue concerning cabbage acquisition by kimchi processors and evaluate the economic feasibility of kimchi storage. Findings obtained through survey and economic analyses using theoretical methodology were as follows: First, A survey conducted on kimchi processors in Korea revealed that even though they recognize the importance of kimchi storage, they struggle to store adequate amounts of cabbage. This is particularly evident with summer cabbage, which experiences the highest supply volatility and thus requires greater attention from kimchi processors in terms of storage. Second, the price analyses using the coefficient of variation show that cabbage in Korea has a high level of price instability, which suggests more storage of cabbage. Third, the evaluation of the economic feasibility of cabbage storage indicated that kimchi processors should consider storing a greater amount of cabbage, particularly during the summer season. This approach can help reduce the overall cost associated with kimchi processing.