• Title/Summary/Keyword: financial development

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A Study on Profitability of Power Plant for Landfill Gas (매립가스 자원화를 위한 가스엔진 발전의 수익성에 관한 연구)

  • Kim, Oh-Woo;Lee, Jeong-Il
    • Korean Business Review
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    • v.19 no.2
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    • pp.69-94
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    • 2006
  • Landfill gas is a mixture of methane and carbon dioxide produced by the bacterial decomposition of organic wastes, and it is considered to produce bad smells and pollute the environment. Economic trials and the developments of landfill gas, as an alternative energy resource, become known at the recent years. Resource development of landfill gas, which is managed by Korea up to now, is for the most part generation using gas engine. Medium BTU and High BTU are considered for the power generation as well. I\10st income of generation using gas engine is selling charge through a power plant. Expecting to manage the power plant for up to 10 years, the analysis based on revenue and expenditure shows when the unit price is 65.2 Won and the operating rate reaches 90%, it is possible to be into the black in 2012 without considering additional financial expense. It was also analyzed that the profit at a unit price of 85 Won under the anticipated rising unit price by the operating rate of 71% is larger than at the operating rate of 90% under limited unit price of 65.2 Won. It means to manage the power plant at a unit price of 65.2 Won and the operating rate must be higher than 90% for economic logicality. If we assume that the operating rate is 90% and it increases the unit price, the unit price must be higher than 85 Won for the management of a power plant. Analysis of changing a unit price, however, might be expected to have a gradual rise of prices. If there is no price rising and additional income related to CDM(Clean Development Mechanism) and emission trading upon Kyoto protocol, the management of a power plant using gas engine will get financial difficulties because of many operating expenses. However, since landfill gas is considered as a worthy energy resource for the guarantee of sustainable development and for the equity between recent generation and future generation, the development of it must be accomplished by the government's additional supporting and efforts under the interest of all stakeholder who are involved.

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An Analysis of Differences in Investment Behavior Over Consumer's ages: Comparison before and after the economic crisis (소비자 연령별 투자행동 차이 분석: IMF 경제위기 전${\cdot}$후 비교)

  • Joung Soon Hee;Yuh Yoon Kyung
    • Journal of Family Resource Management and Policy Review
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    • v.8 no.1
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    • pp.29-45
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    • 2004
  • This study compared household's investment behaviors over consumer's ages before and after the economic crisis using 1995 and 2000 National Survey of Family Income and Expenditure in korea. Household's investment behaviors were compared in terms of household's financial statements, amounts and proportions invested in various assets, and rate of return on investments. The proportion invested in securities of all households. In terms of the proportion invested, consumers under 40s increased the proportion invested in insurance while consumers over 50s increased the proportion invested in savings and trusts in 1995 than in 2000. Consumers of all ages increased the proportion invested in securities in 2000 than in 1995. Young households had higher rate of return in 1995 while old households had higher rate of return in 2000.

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Directions for Agricultural Extension Services In Localization Age (지방화시대(地方花時代)의 농촌지도사업(農村指導事業) 활성화(活性化) 방안(方案))

  • Shim, Sang-Woo
    • Journal of Agricultural Extension & Community Development
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    • v.2 no.2
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    • pp.95-108
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    • 1995
  • Localization trends in Korea and trade liberalization in the world are the important challenges to agricultural extension services in Korea, and strategic directions in terms of system, organization, programs and conciousness would be necessary for adapting to the new circunstances. Some of the measures to improve and activate agricultural extension services in Korea should include the following: 1) Modification of extension personnel appointment regulations to secure specialized extension agents by the provincial administrators and county directors at the provincial and county level rural extension services. 2) Flexible organization and operation of county level rural guidance offices to meet the specific needs of local areas. 3) Strenghening the central government's financial support for effective local extension services in terms of facility and manpower. 4) Expansion of agricultural extension programs for women and urban people and quality inservice training for extension personnel.

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Development of New Management Prediction Support System based on Non-stochastic Model

  • Kaino, Toshihiro;Hirota, Kaoru;Mitsuta, Akimichi;Miura, Yasuyuki
    • Proceedings of the Korean Institute of Intelligent Systems Conference
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    • 2003.09a
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    • pp.7-10
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    • 2003
  • In the field of financial technology, it is the U.S. initiative, and Japan is obliged to flattery in many respect. Currently Japan is in a too much defenseless situation that the economic structure is based on U.S. theory, In the conventional stochastic theory, it is also face that the prediction sometimes does not hit in the actual problem because it assumes a known probability distribution, none of which illustrates the real situation. A new research and development of management prediction support system is proposed based on fuzzy measures, that deals with the ambiguous, subjective evaluation by the people living in the real world well. Especially, the system will support venture, small and medium companies.

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A Study of Development and Improvement for Butterfly Valve Performance & Life Test Equipment (버터플라이밸브 성능 및 수명시험장치 개발과 개선에 관한 연구)

  • Lee, Gi-Chun;Kim, Hyoung-Eui;Jung, Dong-Soo;Kim, Jae-Hoom
    • The KSFM Journal of Fluid Machinery
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    • v.15 no.2
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    • pp.51-56
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    • 2012
  • The butterfly valve has been used over all industries. It has been studied to improve its performance through the theoretical analysis and the test in industry. Though products adopted those improvements have been sold in markets, manufacturers often launch products without the life test. One reason is because of the long development period and financial difficulties. The other is the lack of the design and fabrication experiences on building the life test equipment. Thus, this study has been researched for the design and fabrication of our life test equipment, and developed and improved the equipment to check the leakage of the valve with the naked eyes during the test.

Autonomy, Incentives, and School Performance: Evidence from the 2009 Autonomous Private High School Policy in Korea

  • PARK, YOONSOO
    • KDI Journal of Economic Policy
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    • v.38 no.3
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    • pp.1-15
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    • 2016
  • Improving the quality of school education is one of the key policy concerns in Korea. This paper examines whether providing schools with adequate autonomy and incentives can meet the policy goals by looking at a recent policy reform in Korea. In 2009, the Korean government granted autonomy to certain private high schools on the condition that no financial subsidies would be provided to the schools. Because the autonomous private high schools cannot receive a subsidy, they have a strong incentive to meet parental demands because schools failing to meet these demands will lose students and will have to close. Applying the value-added model to longitudinal data at the student level, I find that students entering these autonomous schools show faster growth in their academic achievement than their peers in traditional non-autonomous schools. These results suggest that providing schools with autonomy and incentives can be a useful policy tool for improving school education.

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Technical Development and Direction of Sustainable Agriculture in Korea (우리나라 친환경 농업의 현황과 발전방향)

  • Park Moo-Eon
    • Proceedings of the Korean Society of Crop Science Conference
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    • 2001.09a
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    • pp.3-33
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    • 2001
  • A review on the technical development and agricultural policy direction for sustainable agriculture has been made to clarify the present conditions of agricultural environment for food production and natural resource conservation and to study prospects and solutions successfully to achieve food safety and environment conservation as the 21st agricultural paradigm. Although great improvement of environmentally sound and resource-conserving techniques, sustainability of Korean agriculture has been damaged by quantitative reduction and quality deterioration of agricultural land resources, insufficient implementation of low-input and organic matter recycling techniques and also improper cropping system. It is concluded that goal of sustainable agriculture can be successfully achieved by further improvement of environmentally friendly techniques, and stronger escalation of national implementation programmes with more financial supports including direct payments for sustainability of agriculture under systematical support and cooperation of AKS (agricultural knowledge system).

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Problems of Decarbonization of the Economy of Kazakhstan

  • Yessekina, Bakhyt K.
    • The Journal of Asian Finance, Economics and Business
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    • v.2 no.3
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    • pp.37-39
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    • 2015
  • In this article we consider the modern trends of global warming, GHG pollutions and discussions of the obligations of developed and developing countries before the UN Global Climate Summit in Paris. The article considers decarbonization as a national strategy, including complex tools for the improvement of energy efficiency, reduction of CO2 and development of emissions trading systems. The author underlines that the Central Asian countries such as Kazakhstan and Turkmenistan, have the largest GHG potential in the region, and for this reason they should be within the framework of the UNFCCC and join the international process on development of the national decarbonization strategies.Thesemeasuresallowthese countries to join the global carbon trade marketing, international financial recourses, and significantly reduce CO2 pollutions in the region.

A study on the factors changing the university library organizations (대학도서관조직의 변화요인고)

  • 윤희윤
    • Journal of Korean Library and Information Science Society
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    • v.16
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    • pp.221-249
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    • 1989
  • The purpose of this study is to analyze the factors influencing on the organizational changes of the university libraries. Results of the analysis, that is, factors that cause the library organization to change, are as follows 1. Changes in library size physical facilities, growth and diversity of library collections, change in personnel organization, role enrichment and faculty status for librarians, management pattern of library director, change in financial su n.0, pport. 2. Change in program : change in goals and objectives, expansion of service programs, enhancement of library functions. 3. Library automation : introduction and development of many library automation projects. 4. Introduction of information technology : development and distribution of computer and related software, telecommunication, and new media. 5. Changes in user needs : many-sided demands for collections, spaces, and services. 6. Many other environmental factors related to library organization.

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The Strategy for the Development of Impact Area around Urban Rail Transit Station (도시철도 역세권 개발방안)

  • Lee, Tai-Sik;Park, Kyoung-Soon;Kim, Young-Hyun;Yun, Sang-Yoon;Lee, Jong-Ha;Lee, Dong-Wook
    • Journal of the Korean Society for Railway
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    • v.9 no.2 s.33
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    • pp.193-199
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    • 2006
  • The financial incomes of urban rail transit authorities have been only from the fares. In order to increase the customers and expand the scope of enterprise, it is the most feasible mean to develop the area around the stations. Current experiences have confronted the excessive concentration of population and traffic congestion due to the lack of systematic planning and the excessive focus on the business. This study reviewed the necessity of the impact area around the urban rail transit stations by the organizational analysis for the urban rail transit authorities, and reviewed domestic/foreign cases. Finally, This study suggested the strategy for the development of impact area around the urban rail transit stations.