• Title/Summary/Keyword: geopolitical factors

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A Study on the Causality between Geopolitical Risk and Stock Price Volatility of Shipping Companies (지정학적 위기와 해운기업 주가 변동성의 인과관계에 관한 연구)

  • Chi Yeol Kim
    • Journal of Navigation and Port Research
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    • v.48 no.3
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    • pp.206-213
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    • 2024
  • This paper aims to investigate the causal relationship between geopolitical risk and stock price volatility in the shipping industry. Given its international nature and dependence on global trade, this industry is exposed to various uncertainties and risk factors. This study specifically focuses on the impact of geopolitical risk, which has gained significant attention in recent years due to events such as the Russia-Ukraine War and the Israel-Hamas War. To analyze this relationship, the study utilizes vector autoregressive model-based causality tests. The research estimates the causal relationship between geopolitical risk indicators and the stock price volatility of five shipping companies listed on the Korea Exchange. The study covers the period from 2000 to 2023. The results indicate the following: Firstly, an increase in geopolitical risk leads to a rise in stock price volatility for shipping companies. Moreover, the impact of actual geopolitical events, rather than just diplomatic disputes, is statistically significant. Lastly, the impact of geopolitical risk is particularly significant in the bulk shipping sector.

How Chinese Online Media Users Respond to Carbon Neutrality: A Quantitative Textual Analysis of Comments on Bilibili, a Chinese Video Sharing Platform

  • Zha Yiru
    • Asian Journal for Public Opinion Research
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    • v.11 no.2
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    • pp.145-162
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    • 2023
  • This research investigates how users of Bilibili, a video sharing website based in China have responded to carbon neutrality. By conducting quantitative textual analyses on 3,311 comments on Bilibili using LDA topic extraction and content statistics, this research discovers that: (1) Bilibili users have assigned more weight to geopolitical topics (56.3%) than energy (22.0%) and environmental topics (21.7%). (2) When assessing carbon neutrality, Bilibili users considered geopolitical (53.8%) and energy factors (15.8%) more heavily than factors related to the class (9.2%), economy (8.9%), environment (8.7%), and definition (3.6%). (3) More Bilibili users had negative (64.6%) attitudes towards carbon neutrality, with only a small portion of them expressing positive (26.8%) and neutral (8.6%) attitudes. (4) Negative attitudes towards carbon neutrality were mainly driven by geopolitical concerns about the West's approach to China, other countries' free-riding on China's efforts and the West's manipulation of rules, doubts about the feasibility of energy transition and suspicion of capitalists exploiting consumers through this concept. This research highlights the geopolitical concerns behind the environmental attitudes of Chinese people, deepening our understanding to psychological constructs and crisis sensitivity of Chinese people towards environmental issues.

Renewable energy statecraft and asymmetric interdependence: how the solar energy industry is wielding China with geopolitical power

  • Vasconcelos, Daniel de Oliveira
    • Journal of Contemporary Eastern Asia
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    • v.20 no.2
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    • pp.259-277
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    • 2021
  • This article investigates the geopolitics of the energy transition era, concentrating on China's solar photovoltaic (PV) industry. Authors have noted that the rise of renewables is changing the geopolitical landscape of world energy systems, but these new energy sources carry their own technical characteristics and geopolitical implications. Bearing this in mind, this research answers the questions: What are the structural factors that facilitate China's use of renewable energy to achieve political goals, and what are their implications? In order to analyze the data, I devise an analytical framework based on the energy statecraft literature and contrast rival explanations, particularly the "prosumer theory" and the premise of less geopolitical interdependence in a renewable-centered world. I show that asymmetric interdependence in the solar PV sector is already a reality. China's solar PV industry is a case that suffices all conditions (centrality in industrial capacity, market share, and companies' compliance, but to a lesser extent in critical materials and technological endowments) in the solar PV sector to devise effective strategies aimed at reaping benefits out of its asymmetric interdependence with the rest of the world.

The Geographies of Foreign Aid by Korea: The Production and Practices of Geopolitical Discourse (한국 공적개발원조의 지정학적 담론)

  • Lee, Jin-Soo;Chi, Sang-Hyun
    • Journal of the Economic Geographical Society of Korea
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    • v.19 no.1
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    • pp.143-160
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    • 2016
  • The official development assistance (ODA) accompanies an interstate financial transaction, such as trade, foreign direct investment, and money transfer. ODA policy has designated several purposes. Among them, political purposes have been considered to be the key factors in the regional distribution of foreign aid. If we agree the traditional approach that recognizes ODA as a 'political one', the practice of ODA can be a kind of state geopolitics. This study investigates the construction and characteristics of geopolitical discourses. More specifically, this study pays special attention to the 'practical geopolitics' that is crucial to the policy-making. By analyzing the minutes of the National Assembly Standing Committee, four geopolitical discourses were identified: 'practicing humanities as a developed country', 'providing a role model to developing countries', 'developing new foreign markets' and 'coping with global geopolitics'. These geopolitical discourses have been constructed through the process of justifying the ODA policy to the domestic and international audiences. Constructing discourses on ODA shows the representation of a dichotomous and typical image of developed/developing.

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THE EURASIAN CORRIDOR THROUGH THE NEW SILK ROAD: DIFFERING GEOPOLITICAL PERCEPTIONS

  • ERDEM, CAGRI
    • Acta Via Serica
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    • v.1 no.1
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    • pp.51-67
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    • 2016
  • This article examines the nature of geopolitics and its impact on the international political economy of Eurasia/Silk Road. The research questions are exploratory and aim at revealing the differing geopolitical perceptions of the Russian Federation, the People's Republic of China (PRC) and the former Soviet Central Asian countries-Uzbekistan, Turkmenistan, Tajikistan Kyrgyzstan and Kazakhstan-within the context of an emerging "New Silk Road". Consequently, the main goal of this article is to contribute to a better understanding of what factors constrain and shape Silk Road initiatives in Eurasia. To this end, the article focuses on geopolitics and regional integration theories through a consideration of the Silk Road initiatives of a number of Eurasian countries.

The Making of Southeast Asian Culture and Society (동남아시아 문화와 사회의 형성)

  • Cho, Hung-guk
    • SUVANNABHUMI
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    • v.1 no.1
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    • pp.1-25
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    • 2009
  • The diversity of Southeast Asian culture and society has been made by two factors: geopolitical environment and colonialism. The geopolitical position of the region between China Seas and Indian Ocean has made it possible that diverse cultures from Northeast Asia especially China and India, Middle East and Europe have flowed into the region. The fact that Southeast Asia was colonized by various European nations has provided additional diversity. The diversity manifests itself most clearly in the culture of Southeast Asia which has various layers: On the bottom lay the indigenous one, and above it Chinese and Indian and Islamic cultures and finally European one.

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Fatigue Analysis according to Flight Conditions of Airline Crew Members (항공사 승무원의 운항조건에 따른 피로도 및 피로요인 분석)

  • Young-Hyo Kim;Jun-Seok Kim;Byung-Heum Song
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.31 no.4
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    • pp.126-132
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    • 2023
  • During the COVID-19 pandemic, there have been many changes in the aviation industry as a whole. Passenger traffic has decreased, but on the contrary, the international transport demand for cargo planes has never been higher. Due to their geopolitical location when flying to major cities around the world, Korea's international pilots are bound to have relatively more jet lag-causing routes than their American or European-based pilots. Through this study, we tried to analyze the degree of fatigue and fatigue weighting factors according to operating conditions for domestic pilots. As a result of the study, the following conclusions were drawn. Despite the variety of models, routes, and fatigue between individuals, it was found that the 3 Pilot operation route was concentrated as a representative fatigue route. Most of the individual fatigue improvement request sections showed higher fatigue as the night flight section was longer among the 3Pilot routes for more than 12 hours, and 43 out of 90 participants (Korean Air pilots) focused on 3Pilot (two captains and one pilot) as fatigue-intensive operating conditions. Therefore, it proposes an improvement in the system of applying 12-hour unification standards according to Korea's geopolitical international operating conditions and time difference standards.

IMPROVING GLOBAL SUPPLY CHAIN RISK IDENTIFICATION USING RCF

  • MYUNGHYUN, JUNG;SEYEON, LEE;MINJUNG, GIM;HYUNGJO, KIM;JAEHO, LEE
    • Journal of the Korean Society for Industrial and Applied Mathematics
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    • v.26 no.4
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    • pp.280-295
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    • 2022
  • This paper contains an introduction to industrial problems, solutions, and results conducted with the Korea Association of Machinery Industry. The client company commissioned the problem of upgrading the method of identifying global supply risky items. Accordingly, the factors affecting the supply and demand of imported items in the global supply chain were identified and the method of selecting risky items was studied and delivered. Through research and discussions with the client companies, it is confirmed that the most suitable factors for identifying global supply risky items are 'import size', 'import dependence', and 'trend abnormality'. The meaning of each indicator is introduced, and risky items are selected using export/import data until October 2022. Through this paper, it is expected that countries and companies will be able to identify global supply risky items in advance and prepare for risks in the new normal situation: the economic situation caused by infectious diseases such as the COVID-19 pandemic; and the export/import regulation due to geopolitical problems. The client company will include in his report, the method presented in this paper and the risky items selected by the method.

Study on the Basic Information of Carbon Absorption Source in Gangneung Area Considering Green Environment -Centering on geopolitical positions- (녹지환경을 고려한 탄소흡수원의 기초정보에 대하여 -강릉지역의 지정학적 위치를 중심으로-)

  • Li XiangJie;Tae-Dong Cho
    • Journal of Environmental Science International
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    • v.32 no.9
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    • pp.647-657
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    • 2023
  • The study analyzes the forest status of each local government for Korean forests and believes that it can be used as basic data for setting the direction pursued by each local government. The study took into account the fact that the forest rate in Korea was 63.5%, because it was judged that the higher the proportion of forest area, the more important it was to use the characteristics of forests. The characteristics of forests were analyzed based on four factors in 12 factors to identify the location of the ground body by dividing seven types. In addition, basic information on carbon absorption sources was provided by grasping the ability of carbon absorption sources per year through the amount of forest resources to be analyzed. In addition, as a result of analyzing the characteristics of the weather for the promotion of carbon absorption sources, the flat area on the side of Gangneung Mountain was a warm forest with a warm index of 106.0.

India's Maritime-Security Strategy: Pretext, Context and Subtext (인도의 해상 안보 전략: 구실, 맥락 및 숨은 의미)

  • Khurana, Gurpreet S
    • Maritime Security
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    • v.4 no.1
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    • pp.1-56
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    • 2022
  • Why has India become a key actor in the maritime-configured Indo-Pacific region? There are some external factors, but for India, its geo-strategic frontier encompassing its geopolitical and maritime interests is expanding rapidly beyond its territorial space across both the Indian and Pacific oceans amidst an increasingly arduous geopolitical and security environment. India must, therefore, acquire the ability to influence events within this strategic arena using all facets of national power, including maritime-military power. Lately, therefore, New Delhi has invested much intellectual capital to review its maritime-security strategy. India's new strategy is premised on the concept of holistic security involving the 'softer' aspects of maritime-security, and a rekindling of maritime consciousness in India, a nation that has traditionally been beset by 'sea-blindness'. The strategy adopts a region-wide, inclusive, and a more proactive approach than hitherto, as is evident in its title 'Ensuring Secure Seas: Indian Maritime Security Strategy'. While it deals with the growing concern of new non-traditional threats in the Indian littoral and the need for military deterrence and preparedness, it also addresses the imperatives for India to seek a favorable and rules-based benign environment in its immediate and extended maritime periphery, including through multi-vectored strategic partnerships dictated by its enduring principle of strategic autonomy. For a more profound and comprehensive understanding of India's maritime-security strategy, this paper examines the key unstated and implicit factors that underpin the strategy. These include India's historical and cultural evolution as a nation; its strategic geography; its geopolitical and security perceptions; and the political directions to its security forces. The paper deals specifically with India's response to maritime threats ranging from natural disasters, crime and state-sponsored terrorism to those posed by Pakistan and China, as well as the Indian Navy's envisaged security role East of the Malacca Straits. It also analyzes the aspects of organizational restructuring and force planning of India's maritime-security forces.

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