• Title/Summary/Keyword: 경제제재

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Effects of Dollarization on Inflation and Exchange Rates in North Korea (달러라이제이션이 확산된 북한경제에서 보유외화 감소가 물가·환율에 미치는 영향)

  • Mun, Sung Min;Kim, Byoung-Ki
    • Economic Analysis
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    • v.26 no.2
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    • pp.1-42
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    • 2020
  • This paper studies, from a quantity theory of money perspective, the reasons that North Korean inflation and exchange rates maintain stability while its economy is experiencing difficulties due to the international community's economic sanctions. In doing so, this paper uses both domestic and foreign currencies in an analytic model based on the quantity theory of money to cautiously reflect North Korea's dollarization as well as its management of its exchange rate. In particular, foreign currency holdings are divided into those for store-of-value purposes and those for transaction purposes. This paper shows that in the early stages, in which the amount of foreign currency holdings for store-of-value purposes is decreasing while the amount of foreign currency holdings for transaction purposes is intact, inflation and exchange rates both exhibit stable movements. In the middle stages, where the amount of foreign currency holdings for transaction purposes begins to fall, exchange rates show some increase and inflation decreases. In the final stages, when the amount of foreign currency holdings for transaction purposes significantly decreases, exchange rates and inflation both increase, and in some situations a crisis can happen. According to this paper's analysis, if the economic sanctions continue to the extent that the amount of North Korean foreign currency holdings for transaction purposes starts to fall, the exchange rate and inflation stability we see now are unlikely to be maintained.

Studies on Properties and Qualities of Common Hardwoods in Korea (유용(有用) 활엽수재의(闊葉樹材) 재질(材質)에 관(關)한 시험(試驗))

  • Jung, Hee-Suk;Park, Hi-Yang;Jo, Jae-Myeong;Shim, Chong-Supp
    • Journal of the Korean Wood Science and Technology
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    • v.10 no.3
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    • pp.52-67
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    • 1982
  • We have relatively heavy stocks of hardwood which consist of inferior and nonproductive natural hardwood species in Korea. As conception above to develope these forest resources, the study was carried out to obtain the basical data for the reasonable and efficient utilization of hardwoods. The sample trees were selected 11 natural hardwood species grown in Kangwon-do region and Kwangnoong Experimental Forest. We have investigated anatomical, physical and mechanical properties of them. Especially, Quercus species which is a major species in the forests was investigated on qualities of trees, logs and lumbers, recevery of bucking and lumber yield, etc.

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Detecting Daily-Driven Game-Bot Based on Online Game Play Log Clustering (온라인 게임 로그 데이터 클러스터링 기반 일일 단위 게임봇 판별)

  • Kim, Joo Hwan;Choi, Jin-Young
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.31 no.6
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    • pp.1097-1104
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    • 2021
  • Online game-bots are already known for a lot of persons by various ways. It leads to problems such as declining game player's interest, in-game financial crisis, etc. Detecting and restricting of game-bot is now essential. Because both publishers and players get disadvantages from their long term abnormal working. But it is not easy to restrict, because of false restriction risks. Game publishers need to distinguish game-bot from server-side game logs. At last, it should can make reasons for game-bot restriction. In this paper, we classified game-bot users by using daily separated game logs for testing data. For daily-driven detection, we separated total dataset into one day logs. Preliminary detects game-bots with one day logs, and determines total results by using these data. Daily driven detection advantages on detection which contains combined game playing style. Which shows like normal user and game-bot. These methodology shows better F1-score, which one of indicator which demonstrate classification accuracy. It increases from 0.898 to 0.945 by using Random Forest classifier.

A Relational Approach to Political Geography of Border Dynamics: Case study of North Korea-China Border Region Dandong, China (접경지역 변화의 관계론적 정치지리학: 북한-중국 접경지역 단둥을 중심으로)

  • Chi, Sang-Hyun;Chung, Su-Yeul;Kim, Minho;Lee, Sung-Cheol
    • Journal of the Economic Geographical Society of Korea
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    • v.20 no.3
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    • pp.287-306
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    • 2017
  • Since the 1990s, political geographers have focused on the study of the process of border construction. They have shifted from the old morphological and functional approaches to boundary that have focused on the types and functions of boundaries. Recent scholarship on border studies understand boundaries and the border regions as entities with overlapping and competing relationships not as manifestation of territoriality. There has been the emphasis on the multidimensional actors and the historical and cultural legacies inherent in the border region as well. Based on these recent discussions, this study examines how the border region has been constructed by various actors and strategies in Dandong China, the border city between North Korea and China. Several sanctions including UN Security Council have been resolved and implemented in accordance with North Korea's nuclear and missile development, which is a relevant example to examine the "border as relationships" in which strategies of various actors are competing. In addition, this paper has a significance as a case study on the construction process of border and the characteristics of its materiality, which is a way to overcome the limitation of discourse-oriented critical geopolitical research.

Monetary Penalty System and Privacy (벌금형 제도의 현대적 가치와 개인정보문제)

  • Kim, Woon-Gon
    • Journal of the Korea Society of Computer and Information
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    • v.20 no.6
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    • pp.107-115
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    • 2015
  • A fine is defined to the criminal penalty which is slighter than imprisonment on a system of criminal penalty, but put practically a seat to imprisonment and similar strong discipline contrivance to commission agent in capitalism societies be doing. Also, did heavy commission, but the corporation time, a fine to consider the respect which cannot impose other criminal penalty, and cannot but impose fine penalty only to this corporation carries out art as important criminal penalty than the commission which a person does. But fine drawing of our country cannot carry out art scaring to criminal penalty to rich body as aggregate fine drawing, and a lot of, but do abatement duration of a fine so as same, and be most in spite of adjudication criminal sentence occupying at criminal case adjudication, and difference cannot do to an amount of a fine that is carrying well out the art. Therefore, and have to change to the daily fine systemdm which gained because of total fine system in order to carry out value as modern criminal penalty, and a few fines shall exchange to penalty payment system according to complement department canon of Penal Code, and social accusation protects individual information of low commission agent if so, can normally do art accomplishment of criminal penalty. The system that the maximum can guarantee right of defence of accused has to have to be introduced in procedural a few aspect to pronounce this and a fine. Specially, let explain necessary fact to be related to, and informal procedures understand, and introduction of drawing to be able to get from accord of accused is necessary for accused before charging to informal decree in order cannot be guaranteed right of defence this of accused while consisting in writing of whether accusation and adjudication are procedural at informal procedures, and to supplement respect.

A Comparative Review on Civil Money Penalties in Aviation Law (항공 과징금 제도의 비교법적 검토)

  • Lee, Chang-Jae
    • The Korean Journal of Air & Space Law and Policy
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    • v.34 no.1
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    • pp.3-38
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    • 2019
  • In 1984, Congress enacted a new measure of administrative sanctions which is a civil money penalty program for violations of Aviation Act and its implementing regulations. This civil money penalty system has been in operations in lieu of suspending or revoking certificates issued by Korean government, Ministry of Land, Infrastructure, and Transport. According to the rules of Aviation Business Act or Aviation Safety Act, where the Minister of Land, Infrastructure and Transport should order an air carrier to suspend operation because of her violation under certain rules, in which case the suspension of operation is likely to cause serious inconvenience to consumers of air transport services or to harm public interest, the Minister of the department may impose an administrative monetary penalty in lieu of the suspension of operation. In this regard, airline related civil money penalties are somewhat different from those of fair trade, which is the origin of the money penalties system in Korea. Civil money penalties in the field of fair trade are imposed on executive duty violations that undermine the value of the market economy order, and focus on reimbursement of profits due to violations and compensation for unfair spending by consumers. However, in the aviation sector, breach of duty by a business operator does not simply cause the property loss of the public, but it has a direct impact on life or property of the public. In this respect, aviation penalties are more likely to be administrative sanctions or punitive measures than refunds of unfair benefits, compared to penalties in the field of fair trade. In general, civil money penalties have been highly preferred as administrative sanctions because they are subject to investigations by administrative experts and thus, efficiency can be ensured and execution is quicker than judicial procedures. Moreover, in Korea, because punitive civil damages cannot awarded by the courts, the imposition of civil money penalties is recognized as a means of realizing social justice by recognizing the legal feelings of the people. However, civil money penalties are administrative sanctions, and in terms of effectiveness, they are similar to criminal fines, which are a form of punishment. Inadequate legislation and operation of penalties imposition may cause damage to the value of Constitution. Under the above recognition, this paper has been described for the purpose of identifying the present status of the civil money penalties imposition system and operating status in the area of air transport under the laws and regulations in Korea. Especially, this paper was focused on exploring the problem and improvement direction of Korean system through the comparative study with foreign laws and regulations.

Some Suggestions for Korean Automobile Industry to Branch out into Iran (한국자동차기업의 이란진출을 위한 전략제안)

  • Kim, Hyun-Chul
    • International Area Studies Review
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    • v.21 no.1
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    • pp.163-179
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    • 2017
  • Iran has been focused on FDI by global automobile companies after the economic sanction on Iran was removed except primary sanction. In this paper, some strategies for Korean Automobile Industry to branch out into Iran are suggested. For the purpose, Iran's automobile industry and characteristics are examined. The market situation is analyzed qualitatively and quantitatively. In passenger cars sector, Korean automobile companies would be better to wait and see the development of US-Iran relationships while exporting CKD sets of cars to Iran. It can be a good strategy, however, to put parts companies into Iran first because of Iran Government could be displeasing with exporting CKD only. FDI, licensing, and joint venture are all available for the parts companies. Motor companies can clear the regulation of auto-parts localization proportion by the method. The parts companies will be able to do key roles as supply chains after OEM branch out into Iran. It is also advisable to upgrade outpost in Iran into frontline for exporting cars to MENA area. In such a case it will be a prerequisite to develop a role-division model with facilities in East Europe. It could be called Parts first-then cars strategy. In commercial cars sector, it can be suggested to leverage natural gas as a link to branch out into Iran. Iran government wishes to develop natural gas resources. The strategy can be summarized that automobile companies carry out producing CNG buses in Iran while energy companies are drilling and producing natural gas.

Myanmar in 2016: Starting of New Era, But Uncertain Future (미얀마 2016: 새로운 시대의 시작, 불안한 미래)

  • JANG, Jun Young
    • The Southeast Asian review
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    • v.27 no.2
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    • pp.185-212
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    • 2017
  • The National League for Democracy (NLD) has restored a civilian government since the military had taken political power in 1962 as a result of general elections on 7, November 2015. But Daw Aung San Suu Kyi could not take part in the presidential election due to some restraints in constitution, so new government created the state counsellor position and the ministry of sate counsellor's office against military's resistance. It never publicized whether the military has to back to barracks including abolish of military's occupying the parliament seats. The ruling party is still taking laissez-faire to the military's political and economic role. The National level Ceasefire Agreement called the 21st Panglong conference launched in the end of August for a week, but stakeholders only insisted their demands. Rohingya issue is not involved in the 21st Panglong conference which aims to achieve national unity. The U.S. fully lifted a comprehensive sanction toward Myanmar since 1993, Japan promised huge grant assistance succeeding the former quasi civilian government. China strived to restore alienated relations of two countries. Although Korea kept Official Development Assistance, the summit which was planed two times in 2016 did not hold. The civilian government announced twelve points of developmental agenda in July 2016, instead of destroying the national development policy of the Thein Sein government. This agenda only showed the direction of policy not road map which was the same trend of the former government. The main direction of economic development stressed agriculture but manufacture like light industry was ignored.

A Study on the Trade Intensity of Garments in Myanmar (미얀마 의류 무역결합도에 관한 연구)

  • Bae, Hong-Kyun;Kang, Shin-Won
    • International Area Studies Review
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    • v.21 no.1
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    • pp.137-161
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    • 2017
  • This paper examines Myanmar's garment industry comparative's competitiveness by selecting Korea and Japan-Myanmar's main target exporting countries for their garment industry-and China and Thailand, the neighboring countries it has continued to have business relationships with since the economic sanctions in selecting the target countries, this study presents a competitive outlook at the Myanmar garment industry's potential for the future by analyzing trade intensity per main garment product. Therefore, Korea should recognize the advantages of Myanmar, compared to other countries with similar competitiveness in the textile industry, and should develop Myanmar textile industry into a future-oriented garment industry through measures such as labor force training, scaling up both industrial relations and safety facilities, and establishing sound labor-management relations.

Analysis of changes in trade structure due to economic sanctions by Korea and Russia (한국과 러시아의 경제제재에 따른 무역구조 변화 분석)

  • Vlada Korsun;Tae-Kun Ahn
    • Korea Trade Review
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    • v.47 no.6
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    • pp.229-246
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    • 2022
  • In order to understand the economic damage of economic sanctions on trade between Korea and Russia, a trade structure analysis was conducted through statistics on import and export trade between Korea and Russia. Through the structural analysis of product trade, we tried to accurately analyze the current status of product trade between Korea and Russia. In the trade structure analysis, it was confirmed that the trade in goods between Korea and Russia decreased the most in market share and trade concentration. However, trade specialization, comparative advantage by market, and intra-industry trade index were not significantly affected despite strong economic sanctions. from Russia's point of view Smart measures are needed to address the current situation to avoid a greater economic downturn. The end of the war and the restoration of partnership with other countries are considered the most beneficial solutions for Russia and all countries, but it is difficult to predict how the war will go or what economic situation Russia will be in after the war.