• The Journal of Asian Finance, Economics and Business
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• v.10 no.1
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• pp.79-89
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• 2023

The paper aims to investigate the asymmetric long-run and short-run relationships between inflation and remittance outflows in the Kingdom of Saudi Arabia (hereafter KSA) over the period 1971-2019 by using the Nonlinear Autoregressive Distributed Lag (NARDL) model. The statistical tests have supported the validity and stability of the model. The Wald F-test statistics confirm the existence of a long-run equilibrium relationship among the model variables; remittance outflows, positive (negative) shocks in inflation rates, investment, real GDP, and trade openness. Moreover, the empirical results confirm the existence of an asymmetric effect of the inflation rate on remittance outflows. The response of foreign workers to an increase in inflation rates differs from their response to a decrease in inflation rates. However, this asymmetric relationship between the increases/decreases in inflation and remittance outflows is significantly weak. The weakness of this relationship is due to the high marginal remittance propensity of migrant workers, which is explained by the low consumption propensity of foreign workers and their ability to adjust to the high cost of living due to inflation and the imposition of accompanying fees. Finally, the change in the inflation rate is not among the main factors influencing foreign remittance decisions in Saudi Arabia.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2017.10a
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• pp.569-570
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• 2017

Bitcoin-based blockchain technology provides an infrastructure that enables anonymous smart contracts, low-cost remittances, and online payments. However, the block-chain technology that implements the bitcoin has scalability constraints in tradeoffs between throughput and latency. To solve these problems, the Byzantine fault tolerant block-chain technique has been proposed. This technique improves throughput without increasing latency by selecting a leader and constructing many microblocks that do not contain proofs of work within the existing block by the leader. However, this technique may be less secure than existing techniques in selecting the reader. In this paper, we propose a technique for scalability of the blockchain technology by using microblock technology and parallel execution technique. Within one microblock there is information about several transactions. In the proposed scheme, the throughput of the microblocks can be increased by performing concurrently.

• Journal of the Korean association of regional geographers
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• v.23 no.3
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• pp.514-528
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• 2017

This study aims at exploring the transnational care for family members back home among the Nepalese marriage immigrant women in Korea on the bases of some transnational care practices like remittances, virtual intimacy through information and communication technologies, visit to Nepal, and invitation of family members to Korea. This study argues that in order to understand migrant women's care practices properly, Nepalese marriage immigrant women should be considered as 'being in-between' the societies and cultures of Nepal and Korea. This study identifies the characteristics of transnational care practices of Nepalese women are closely related to the role expectation for the eldest daughter as well as whether or not migrant women have children, jobs, and original family member in Korea. Furthermore, this study highlights that migrant women's transnational care practices should be considered as 'reciprocal exchange of cares' between marriage women and their family members rather than one-way benefits going to the latter.