• Title/Summary/Keyword: financial development

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A Simulation Model Development for Analyzing Ripple Effect of Housing Policy by Region (주택 정책의 지역별 시장 파급효과 분석을 위한 시뮬레이션 모델 개발)

  • Yoon, Inseok;Park, Moonseo;Lee, Hyun-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.2
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    • pp.68-78
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    • 2019
  • Recently, housing prices have surged, and the government has implemented various regulations, such as finance and taxes. Because of the policy, the nationwide housing price have stabilized, but polarization has occurred. Some argue that regulation can adversely affect the actual demand. Therefore, not only the correlation between market variables but also ripple effect of policy has to be analyzed in policy planning and analysis from a microscopic point of view. In this study, a simulation model was developed by integrating system dynamics for analyzing market structure and agent-based model for modeling decision process of market participants. This research applied the financial regulation and the tax regulation to the model and evaluated the policy effectiveness. This study reveals which feedback dominates according to the policies, which have same purpose. It is because market participants make different decision for each policy. Furthermore, there were other ripple effects not only in the policy target submarket but also in other submarket.

A Study on Issues and Tasks of Humanity and Social Science in a Fourth Industrial Revolution Era (제4차 산업혁명시대 인문사회학적 쟁점과 과제에 관한 연구)

  • Kim, Jin-Young;Heo, Wan-Gyu
    • Journal of Digital Convergence
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    • v.16 no.11
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    • pp.137-147
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    • 2018
  • To prepare for and implement policies for the Fourth Industrial Revolution, which is characterized by convergence, super-connectivity, and AI, this study summarized the effects and characteristics of individual technologies on our society and discussed the issues with humanity and social science perspectives. As a result, in terms of AI technology, the issues of job losses, project-type works, basic income and robot taxes, accountability of AI, and algorithm inequality were dealt with. Security, cyber hacking and privacy infringement issues were highlighted in big-data technology. In the part of block-chain and bioengineering, the society of decentralization, the concentration, digital divide, and ethical issues were discussed. On-demand economic aspects highlighted the problems of civil ethics and human commercialization. Lastly, the development of VR is discussed including side effects such as cyber-syndrom, avoidance of reality, and so on.

Optimizing the product portfolio for emerging markets (신흥시장 개척을 위한 최적 제품 포트폴리오)

  • Lee, Taehoon;Lee, Yongseung;Shin, Juneseuk
    • Journal of Technology Innovation
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    • v.26 no.4
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    • pp.1-28
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    • 2018
  • With the growing number of emerging carmakers, automotive parts manufacturers have to penetrate into emerging markets. They can provide large existing carmakers with fully customized parts because of economies scale, but cannot do this for small emerging carmakers due to their small and highly volatile volume order. Once the order by an emerging carmaker is placed, a part manufacturer is exposed to high risks both of decrease in profit margin and high opportunity cost. The platform-based mass customization can be a solution for cost reduction, but the risks of volatility in volume hard to manage. Tackling this issue, we presents a method of optimizing the product portfolio to maximize profits while managing volatility of volume order by emerging carmakers at an affordable level. It is the first robust product portfolio method to keep the scaled deviation of profits at a fixed level under volume order uncertainty. Also, the effect of on the platform-based mass customization on cost is considered. This model can be a building block of conservative market penetration as well as product development strategy while minimizing the financial risks. We conducted an empirical study of a part manufacturer targeting on eighteen automobile manufacturers in North America, Europe and Asia with it powered lift gate.

The History of Hospice and Palliative Care in Korea (한국 호스피스 완화의료의 역사)

  • Kim, Chang Gon
    • Journal of Hospice and Palliative Care
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    • v.22 no.1
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    • pp.1-7
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    • 2019
  • The first hospice care center in Korea dates back to the East West Infirmaries (Dongseodaebiwon in the Korean language) of the Goryeo period in the early 11th century. It has been 50 years since hospice care was introduced in Korea. Initially hospice care was provided in the private sector, including those with a religious background, and its development was slow. In the 1990s, related religious organizations and academic associations were established, and then, a full-swing growth phase was ushered in as the Korean government institutionalized hospice care in the early 2000s. As a result, enhanced quality of hospice care service could be provided, which meant better pain management and higher quality of life for late stage cancer patients and their families. Still, the nation lacked a realistic reimbursement system which was needed to for financial stability of the affected patients. However, the national health insurance scheme began to cover hospice palliative expenses in 2015. In 2016, the Act on Decisions on Life-Sustaining Treatment for Patients in Hospice and Palliative Care or at the End of Life was legislated, allowing terminally-ill patients to refuse meaningless life-sustaining treatments. As the range of diseases subject to hospice palliative care was expanded, more challenges and issues need to be addressed by the service providers.

Actual Wearing State of Aged Pregnant Women for the Development of Electromagnetic Waves Shielding Maternity Wear (전자파 차폐 임부복 개발을 위한 고령 산모의 임부복 착용 실태조사)

  • Kim, Young-im;Lee, Jeong-Ran
    • Fashion & Textile Research Journal
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    • v.21 no.5
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    • pp.618-626
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    • 2019
  • This study conducted basic studies to develop electromagnetic wave shielding maternity wear. We investigated electromagnetic wave shielding fabrics and products as well as surveyed actual wearing states for pregnant women aged 35 to 44 and women who gave birth within the past one year. Available electromagnetic wave blocking products for pregnant women were blankets, aprons, maternity belts, and underwear. These only cover the abdomen and it was hard to find out electromagnetic waves shielding maternity wear, which can enhance functionality and complement the body shapes of pregnant women. The aged mother responded pregnancy delay was mostly attributable to late marriage, career, financial difficulty and health problems. Major health threats to babies were high stress levels during pregnancy, followed by electromagnetic waves from electronic devices. They prioritized physical activity, design, functionality and safety when wearing maternity wear. When purchasing maternity wear, they emphasized design, price, materials and size. The most preferred clothing was one-piece dress; consequently, only 11.1% of them were satisfied with the quality of maternity wear with complaints mostly about design and price. A total of 63% of respondents tried to protect themselves from electromagnetic waves. Most aged mothers showed a positive intention on purchasing electromagnetic waves blocking maternity wear for babies with concerns dealing with safety of materials, prices, ease of laundry, and body complementing design.

Professionalism of the Nurse: A Concept Analysis (간호사의 전문성에 대한 개념분석)

  • Lee, Kyungmi;Kim, Su Hyun
    • Journal of Convergence for Information Technology
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    • v.9 no.9
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    • pp.94-107
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    • 2019
  • This study was aimed to clarify the concept of professionalism of the nurse. Walker and Avant's concept analysis process was used. The main attributes of professionalism of the nurse were advanced nursing knowledge, excellent nursing skill, person-centered nursing care, ethicality, responsibility, peer cooperation, autonomy, and outstanding situational judgement, and problem solving. The antecedents were a long enough period of nursing education and experience, research activities, personal qualities, and self-directed training. The consequences were improvement of professional identity and low turnover rates of nurses; improvement of nursing satisfaction, health recovery and well-being for patients; improvement of nursing quality, revenue, and reputation for hospital; gaining social recognition and development of nursing profession; obtaining financial benefits in national health care for nation. The findings of the study provide clarification of the concept of professionalism of the nurse and lay the foundation to establish professionalism among nurses to deliver good nursing care.

Domastic Blockchain Legislation and Policy Analysis and the Limitations Deriving and Present Improvement Points (국내 블록체인 법제 및 정책 분석과 한계점 도출 및 향상점 제시 -산업 활성화와 정보보호 중심으로-)

  • An, Myeonggu;Park, Yongsuk
    • Journal of Convergence for Information Technology
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    • v.9 no.9
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    • pp.44-51
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    • 2019
  • Recently, various platforms utilizing blockchains have appeared. In order to develop the blockchain, it is required to improve related laws and institutions. In this respect, we analysis of the laws and systems related to domestic blockchains, draw out the limitations, and suggest directions for improvement. The research method was analyzed the literature and related laws through literature review. It is difficult to analyze the whole law and system at one time, so we examined the necessary laws and systems to revitalize the blockchain. It is confirmed that legal improvement is needed on the scope of electronic transactions and electronic financial transactions, electronic commerce, digital signatures, import and export, personal information protection, blockchain industry promotion and research. Through this, we expect a balanced development of effective blockchain revitalization and protection of national fundamental rights. Individual studies on the legal provisions and systems for each item in the future can be conducted.

An Economical Analysis on Fuel Switching Model of Coal Power Plant using Herbaceous Biomass (초본계 바이오매스 활용 석탄발전소 연료전환 모형 경제성분석 연구)

  • Um, Byung Hwan;Kang, Chan Ho
    • Journal of The Korean Society of Agricultural Engineers
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    • v.61 no.3
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    • pp.89-99
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    • 2019
  • The project to utilize kenaf as thermal power plant fuel has a positive effect on the unused energy utilization, greenhouse gas reduction, and farm income. However, it is analyzed that it is difficult to secure economical efficiency because the fuel cost of kenaf is higher than that of power by thermal power plant and Renewable Energy Certification (REC). The project of power generation using kenaf is meet the government's major policies, while government support is essential for securing economical efficiency. As a result of the sensitivity analysis on the ratio of the government subsidies, to secure economical efficiency, the power generation prices using kenaf through the direct financial support of the government indicate that 47% and 76% of kenaf fuel cost are supported by government in case of the Saemangeum reclamation and Gangneung-si, respectively. In the case of the government indirect policy support, if kenaf is included as a renewable energy source of Renewable Energy Portfolio Standard and REC is granted, the economic efficiency of Saemangeum reclamation and Gangneung-si is obtained when REC secured at 1.05 or more and 2.43 or more, respectively. The results of this study are meaningful in that the direct and indirect effects of the government on the development of the herbaceous energy crop, kenaf, were evaluated economically. These results are to suggest the need for demonstration study, but economics analyze and evaluate are necessary based on operational data through the demonstration phase in the future.

Policy Diagnoses and Prescriptions of Crisis on Industrial Regions in the Republic of Korea (한국 산업위기지역에 대한 정책적 진단과 처방)

  • Jung, Sung-Hoon
    • Journal of the Economic Geographical Society of Korea
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    • v.22 no.3
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    • pp.237-245
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    • 2019
  • The aim of this article is to introduce articles of the special issue on 'Revitalization Conditions on Crisis on Industrial Regions: Experience from Europe and the Republic of Korea, and to explore policy alternatives to crisis on industrial regions on the basis of policy diagnoses and prescriptions. In the existing research, diagnoses of such Korean regions are quantitatively focused upon industry, employment, plant, consumption, investment, real estate, and labour market, and are qualitatively based upon external environment and functional, structural and spatial characteristics. Prescriptions of such regions emphasize the establishment of a law and an institutional fix, financial supports, jobs' creation, industrial diversification, the intensification of urban foundation throughout the urban revitalizaion. In the policy development for these regions, it is required to link the industrial sector to social, educational, political and welfare sectors, and furthermore the collaboration of inter- and intra-ministry and the active participation of provincial and local governments are needed.

Urban Regeneration Plan for Mid-sized Cities Deploying the Concept of Smart City - Focused on the US Smart City Challenge in 2015 - (스마트시티 개념을 이용한 중소도시재생계획에 대한 연구 - 2015 미국 스마트시티챌린지 공모전을 중심으로 -)

  • Yoo, Seungho;Kim, Yongseung;Kim, Soyeon
    • Journal of the Architectural Institute of Korea Planning & Design
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    • v.35 no.9
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    • pp.29-40
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    • 2019
  • The concept of smart city is understood as an indispensable component of urban regeneration projects in small cities in terms of providing a better urban environment and efficient living systems with a limited budget. Recently, the Korean government revised the law that related to the construction of the smart city and started to implement the smart city concept not only to new-large urban development but also to small-existed regeneration projects. However, it is difficult for small and medium-sized cities that are suffering from the insufficient professional workforce; knowledge supports for high-tech and lack of professional networks to proceed smart city planning and project that containing regional characteristics. This paper aims to examine the effective way of urban regeneration for small and medium-sized cities through smart city planning and strategy. As an important case, this paper looks at the 'Smart City Challenge' competition that was hosted by the US Department of Transportation in 2015. It examines the background and operation process of the smart city challenge competition, and then analyses each city's strategy and characteristics of seven finalists. This paper highlights the several key lessons to Korean cities: 1) the importance of national government's support in financial and professional resources; 2) the cooperation with local governments and IT corporations which provides realistic and detailed technical solutions; 3) the holistic and integrated approach to urban regeneration starting from transportation issues; 4) the necessity of the government's clear visions and guidelines toward the smart city.