• Title/Summary/Keyword: economic justification

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Study on Establishing Essential Framework for Importing Asset Management System of National Road (일반국도 자산관리시스템 도입을 위한 기본체계 구축에 관한 연구)

  • Park, Hyosung;Lee, Soohyng
    • Journal of the Society of Disaster Information
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    • v.10 no.2
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    • pp.320-334
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    • 2014
  • The government policy had placed new construction as the kernel of the investment in the road department. This had been shifted, however, since the government's budget of the road department reached its peak in 2000, new construction had came to a downsizing phase while the maintenance increased gradually. Considering this recent trend, the necessity of a new paradigm in the road policy had came to a fore, in order to prove the justification of increase in the maintenance budget as well as successfully fulfill the user's needs in the service quality. The developed countries that had intensively constructed social infrastructure in 1950-60s are enjoying a great achievement by applying the asset management concept in coping with the deterioration of the public facilities. This research suggests the basic framework in establishing "Korean Road Asset Management System" designed to efficiently manage the national road. The main feature of this system is to absorb economic analysis course into the current pavement management system, in order to form not only long-lasting but also preventive road management policy.

Analysis of the Quantitative Effect of Seoul Social Welfare Budget Spending (서울시 사회복지 예산지출의 계량적 효과 분석)

  • Kim, Keum Hwan;Joe, Soon Joem
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.9 no.2
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    • pp.163-173
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    • 2014
  • Budget for social welfare social welfare with a sharp increase in business is to be expanded in various fields. At this point, do the social welfare policies of local governments and assistance projects supported by the Seoul Metropolitan Government's justification and rationale for concluding that we need clarity, and welfare economics point of this study is related to social welfare spending budget and other areas in Seoul quantitative effects of the economic effects were investigated. Social welfare policy for the achievement of corporate and personal consumption spending behavior is continuously and directly or indirectly derived thereby, and Seoul Industry Input-Output Tables in this study to re-create the social welfare spending as the economic effects of production, value added, employment, work and how do you contribute to the quantitative estimation of suggested. Municipal social welfare spending in Seoul by the annual production of 10.02 trillion won sikimyeo caused, directly or indirectly Article 6 billion in 4936 to spread the value was analyzed. In addition, employment and 203,430.3 132,992.3 people letting people was estimated to generate employment. These results suggest that social welfare spending and social spending in the atmosphere is recognized as a social and financial pressures caused controversy at the present time factor in the welfare sector and the government's social welfare policy in Seoul, intervention and support and assistance of the the validity of the justification debate eventually be supported through empirical analysis depends on whether we believe in, and for this study it as a basis for presenting the fundamental study has its significance. In addition, Korea is not a welfare budget is spent volatile social and economic impact on a variety of industries that derive a significant number were found in this study, continued political support and social consensus through research is needed.

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The Great Depression in High School Social Science Textbooks : Critiques and Suggestions (대공황에 대한 고등학교 사회과 교과서 서술의 문제점과 개선방안)

  • Kim, Duol
    • KDI Journal of Economic Policy
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    • v.30 no.1
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    • pp.171-209
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    • 2008
  • The Great Depression is one of the most important economic incidents in the twentieth century. A significant and long-lasting impact of this event is the rise of the government intervention to the economy. Under the catastrophic downturn of the economic condition worldwide, people required their government to play an active role for economic recovery, and this $mentalit{\acute{e}}$ prolonged even after the Second World War. Social science textbooks taught at Korean high schools mostly referred to the Great Depression for explaining the reason of government intervention in economy. However, the mainstream view commonly found in the textbooks provides a misleading theological interpretation. It argues that inherent flaws of the market economy causes over-production/under-consumption, and that this mismatch ends up with economic crisis. The chaotic situation was resolved by substitution of the governments for the market, and the New Deal was introduced as the monumental example ('laissez-faire economy ${\rightarrow}$over-production${\rightarrow}$the Great Depression${\rightarrow}$government intervention${\rightarrow}$economic recovery'). Based on economic historians' researches for past three decades, I argue that this mainstream view commits the fallacy of ex-post justification. Unlike what the mainstream view claims, the Great Depression was neither the result of the 'market failure', nor the recovery from the Great Depression but was due to successful government policies. For substantiating this claim, I suggest three points. First, blaming the weakness or instability of the market economy as the cause of the Great Depression is groundless. Unlike what the textbooks describe, the rise of the U.S. stock price during the 1920s cannot be said as a bubble, and there was no sign of under-consumption during the 1920s. On the contrary, a new consensus emerging from the 1980s among economic historians illustrates that the Great Depression was originated from 'the government failure' rather than from the 'market failure'. Policymakers of European countries tried to return to the gold standard regime before the First World War, but discrepancies between this policy and the reality made the world economy vulnerable. Second, the mainstream view identifies the New Deal as Keynesian interventionism and glorifies it for saving the U.S. economy from the crisis. However, this argument is not true. The New Deal was not Keynesian at all. What the U.S. government actually tried was not macroeconomic stabilization but price and quantity control. In addition, New Deal did not brought about economic recovery that people generally believe. Even after the New Deal, industrial production or employment level remained quite low until the late 1930s. Lastly, studies on individual New Deal policies show that they did not work as they were intended. For example, the National Industrial Recovery Act increased unemployment, and the Agricultural Adjustment Act expelled tenants from their land. Third, the mainstream view characterizes the economic order before the Great Depression as laissez-faire, and it tends to attribute all the vice during the Industrial Revolution era to the uncontrolled market economy. However, historical studies show that various economic and social problems of the Industrial Revolution period such as inequality problems, child labor, or environmental problems cannot be simply ascribed to the problems of the market economy. In conclusion, the remedy for all these problems in high school textbooks is not to use the Great Depression as an example showing the weakness of the market economy. The Great Depression should be introduced simply as a historical momentum that had initiated the growth of government intervention. This reform of high school textbooks is imperative for enhancing the right understanding of economy and history.

New Development of Methods for Environmental Impact Assessment Facing Uncertainty and Cumulative Environmental Impacts (불확실성과 누적환경영향하에서의 환경영향평가를 위한 방법론의 새로운 개발)

  • Pietsch, Jurgen
    • Journal of Environmental Impact Assessment
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    • v.4 no.3
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    • pp.87-94
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    • 1995
  • At both international and national levels, such as in the Rio Declaration and the EU's Fifth Environmental Action Plan, governments have committed themselves to the adoption of the precautionary principle (UNCED 1992, CEC 1992). These commitments mean that the existence of uncertainty in appraising policies and proposals for development should be acknowledged. Uncertainty arise in both the prediction of impacts and in the evaluation of their significance, particularly of those cumulative impacts which are individually insignificant but cumulatively damaging. The EC network of EIA experts, stated at their last meeting in Athens that indirect effects and the treatment of uncertainty are one of the main deficiencies of current EIA practice. Uncertainties in decision-making arise where choices have been made in the development of the policy or proposal, such as the selection of options, the justification for that choice, and the selection of different indicators to comply with different regulatory regimes. It is also likely that a weighting system for evaluating significance will have been used which may be implicit rather than explicit. Those involved in decision-making may employ different tolerances of uncertainty than members of the public, for instance over the consideration of the worst-case scenario. Possible methods for dealing with these uncertainties include scenarios, sensitivity analysis, showing points of view, decision analysis, postponing decisions and graphical methods. An understanding of the development of cumulative environmental impacts affords not only ecologic but also socio-economic investigations. Since cumulative impacts originate mainly in centres of urban or industrial development, in particular an analysis of future growth effects that might possibly be induced by certain development impacts. Not least it is seen as an matter of sustainability to connect this issue with ecological research. The serious attempt to reduce the area of uncertainty in environmental planning is a challenge and an important step towards reliable planning and sustainable development.

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A Study on the Ethical Basis of Global Citizenship Idea as a Theory on Global Justice - Focusing on Rawls' Liberal Internationalism and Cosmopolitan Republicanism (지구적 정의론으로서 지구시민권구상의 윤리학적 기초에 대한 연구 - Rawls의 자유주의적 국제주의와 코즈모폴리턴 공화주의를 중심으로-)

  • Sim, Sangyong
    • Korean Journal of Social Welfare
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    • v.65 no.4
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    • pp.295-315
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    • 2013
  • The purpose of this study is to analyse the ethical basis of two influential global citizenship idea - Rawls' liberal approach and cosmopolitan republicanism - as a theory on global justice. In the aspect of deontology, Rawls' view has the limit not to reflect reciprocal obligation and duty on civil right in the era of economic globalization that inequality has been structured. But cosmopolitan republicanism has the basis of deontological justification because advocates the realization of anti-domination principle at global level. In the aspect of utilitarianism, Rawls attempts to justify the logic rejecting redistribution intra nations. But cosmopolitan republicanism has the potential to decrease maleficence at global level and to increase utility level through overcoming the structured sacrifice of the citizens of developing countries.

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Terrain Classification for Road Design (도로 설계 지형 구분)

  • Kim, Yong-Seok;Cho, Won-Bum;Kim, Jin-Kug
    • International Journal of Highway Engineering
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    • v.13 no.4
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    • pp.221-229
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    • 2011
  • Road design needs to ensure the economic justification and the preservation of nature by adapting road alignment to the natural terrain. Though current road design guideline only defines a flat and a mountainous terrain, classification including rolling terrain should be needed while considering the fact that about 25.8% of our land can be classified as rolling and the road design guideline of developed countries such as United States and Australia has a terrain classification including rolling in order to take a deep consideration on the natural environment. The study attempts to draw a criterion to classify the assumed three individual terrains in a quantitative way by using a index like the undulation of the original ground profile. The study carried out a case study based on a conceptual frame developed in the study as an approach to differentiate each terrain. As a result, the study suggests a criterion in that a flat terrain has less than 40 meters in the difference between the highest and the lowest point of original ground from 40 to 60 meters for rolling terrain, and greater than 60 meters for mountainous respectively.

Financing of Healthcare Facilities in Pension System Assets of Ecologically Problematic Regions in Kazakhstan

  • YESSENTAY, Aigerim;KIREYEVA, Anel A.;KHALITOVA, Madina;ABILKAYIR, Nazerke A.
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.531-541
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    • 2020
  • The purpose of the study is a theoretical and practical justification for building a mechanism for financing health facilities based on public-private partnerships from a pension fund in regions with environmental problems. The theoretical background is built on works of local and foreign authors on state and non-state pension provisions issues, pension funds' assets management. This study provides an analysis of the health status of the population of the Kyzylorda region; it analyzes also the worldwide and Kazakhstan practice of investing pension funds and implementing projects. There has been legislative and methodological framework for financing health projects based on public-private partnerships in Kazakhstan. The scientific methods considered in this study made it possible to develop a mechanism for financial support for the modernization of a healthcare facility using the budget of pension funds. The authors point out possible risks in the implementation of projects in the field of healthcare and make recommendations on the construction a mechanism for financing healthcare facilities in the regions of Kazakhstan with environmental problems. In addition, they underline the key insights of the analysis, which are requisites for identifying the profitability of project for business and social effects for the public. Factors influencing efficacy, effect and implementation risks identified.

A Scheme of Better Utilization of PWR Spent Fuels (가압경수로 사용후핵연료 이용확대 방안연구)

  • Chung, B.J.;Kang, C.S.
    • Nuclear Engineering and Technology
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    • v.23 no.2
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    • pp.165-173
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    • 1991
  • The recycle of PWR spent fuels in a CANDU reactor, so called the tandem fuel cycle is Investigated in this study. This scheme of utilizing Pm spent fuels will ease the shortage of spent fuel storage capacity as well as will improve the use of uranium resources. The minimum modification to the design of present CANDU reactor is seeked in the recycle. Nine different fuel types are considered in this work and are classified into two categories: refabrication and reconfiguration For refabrication, PWR spent fuels are processed and refabricated into the present 37 rod lattice structure of fuel bundle, and for reconfiguration, meanwhile, spent fuels are simply disassembled and rods are cut to fit into the present grid configuration of fuel bundle without refabrication. For each fuel option, the neutronics calculation of lattice was conducted to evaluate the allowable burnup and power distribution. The fuel cycle cost of each option was also computed to assess the economic justification. The result show that most tandem fuel cycle options considered in this study are technically feasible as well as economically viable.

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North Korean Fisheries Status and Cooperation through International Organizations (북한의 수산업 실태와 국제기구를 통한 수산분야 협력 방향)

  • Park, Seong-Kwae
    • The Journal of Fisheries Business Administration
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    • v.46 no.3
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    • pp.83-101
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    • 2015
  • The main purpose of this study is to explore a way of South-North Korea fisheries cooperation through international organizations under the principles of the Korean peninsula trust process. Considering the government policy toward the North, although some humanitarian aids or cooperations may be plausible with permission of the Ministry of Reunification. direct cooperations between the South and the North Korea must be much limited at leat under the present government. The 5.24 measures taken in 2010 banned in fact all economic/humanitarian cooperations by private sectors and government. Noting the present and the visible future, an important question is whether the North accepts all cooperations including fisheries, bartering giving up nuclear weapon development for the 5.24 measures. It would be a difficult question to be answered, because win-set to both parties is too narrow, so far as there is no change in the South-North conflicting priority policies. If so, one way of implementing South-North fisheries cooperations is to drive forward cooperative programs through UN organizations. Since for instance FAO and WFP secure justification and roles and has a global network, they have sufficient capacity of being abe to organize fisheries experts. If the South can finance the budget necessary for the programs, FAO or WFP would lead the programs through a negotiation with the North. In other words, it is a type of cooperative model that FAO or WFP leads the programs and the South finances. In addition, if World Fisheries University(WFU) is invited to the Republic of Korea, it might make a great contribution to expert exchange of the North.

Characteristic of the Social Participation in the 16th Century and Its Implication to Modern Christianity (루터의 종교개혁에서 나타난 사회참여적 특징과 현대 기독교적 적용)

  • Bong, Won Young
    • The Journal of the Korea Contents Association
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    • v.17 no.5
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    • pp.642-657
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    • 2017
  • The Protestant Reformation that erupted 500 years ago has influenced all aspects of society and have become a crucial stepping stone to modern times from the Middle Ages. The purpose of this study was to show the reformational characteristics of the social welfare revealed in the process of the Reformation in the 16th century and how they apply to the Modern Christianity, especially from the view of the missional church. Therefore, in the main body, the two doctrines of Justification by Faith only and the Priesthood of All Believers were based on the Luther's Reformation were examined. A researcher confirmed that his Reformational characteristics concerned about second-class citizens and disadvantaged such as the weak faith, women, and the social situations were considered all the time in his Reformation. There were three characteristics of Luther's social welfare reforms: relief activities, education businesses, and economic policies. In addition, a researcher discussed some suggestions that the missional church can apply to its ministry for creating a healthier community.