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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.

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 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.

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.

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.

Modeling of the Effective Levels of Traffic Violation Fines (교통법규 위반 범칙금의 효율적 수준 설정 모형 개발 (신호와 제한속도 위반 중심))

  • Jang, Il-Jun
    • Journal of Korean Society of Transportation
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    • v.27 no.3
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    • pp.111-118
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    • 2009
  • Factors causing traffic accidents are various and traffic law violations can be among them. The efforts to increase traffic law obedience rates of drivers are common in many other countries to reduce traffic accidents, and one of generally applied methods is to increase the amounts of violation fines. Expensive levels of traffic law violation fines could have drivers choose "obey the law" in their decision-making stages since they are economically better-off by following the law. In this sense, this study has developed an economic model to verify whether the current levels of the traffic violation fines of Korea are effective for drivers to choose "obey-the-law" decisions. Speed violations and traffic signal violations have been selected for the case study to verify the relationships between "expected probabilities of being-caught" and "levels of violations fines".

Input-Output Analysis Focused on Forestry and Wood Industry in Korea (임업·목재산업의 산업연관분석)

  • Min, Kyungtaek
    • Journal of Korean Society of Forest Science
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    • v.109 no.4
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    • pp.521-531
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    • 2020
  • In order to identify the economic impacts of forest-related industry on the national economy in general and the linkages between forestry and its related industries, an input-output analysis was conducted using the 2015 Input-Output Tables of the Bank of Korea. Production inducement effects are relatively high in paper products, lumber, and silviculture and relatively low in other wood industries. Value-added inducement effects are relatively high in silviculture and log production. With respect to the wood products industry, forward linkage effects are higher and backward linkage effects are lower. A Ritz-Spaulding multiplier analysis revealed that the growth of wood products production has only a modest impact on the growth of forestry. How to increase the linkage between forestry and the wood products industry is one of the most important policy tasks in Korea, given that it affects forest ecosystem management and climate change mitigation efforts.

담합규제(談合規制)의 효율화(效率化)를 위한 경쟁정책방향(競爭政策方向)

  • Sin, Gwang-Sik
    • KDI Journal of Economic Policy
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    • v.15 no.2
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    • pp.121-160
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    • 1993
  • 본고(本稿) 1981~92년의 부당한 공동행위(共同行爲) 및 사업자단체금지행위(事業者團體禁止行爲) 심결례(審決例)들을 통해 우리나라 사업자들의 담합(談合)패턴과 특징(特徵)을 살펴보고 이를 바탕으로 담합규제법제(談合規制法制)와 그 운용상(運用上)의 문제(問題)들을 검토하여 담합규제(談合規制)의 실효성(實效性) 제고(提高)를 위한 경쟁정책적(競爭政策的) 대안(代案)들을 제시하고 있다. 우리의 담합규제법제(談合規制法制)와 법시행방법(法施行方法)은 은밀하고 지속적인 담합(談合)보다는 담합(談合)의 직접적 증거를 남길 가망이 많은 명시적(明示的) 공모행위(共謀行爲)의 적발(摘發)로 기울어져 있는 것으로 보인다. 사실, 담합사건(談合事件)들이 경쟁적(競爭的) 시장(市場)에 편재(偏在)되어 있고 사업자간(事業者間) 및 사업자단체(事業者團體) 공동행위(共同行爲)의 평균공모기간(平均共謀期間)이 각각 8개월과 10.7개월에 지나지 않는다는 것은 적발 시정조치된 행위(行爲)가 주로 담합(談合)의 시도(試圖)였음을 시사하는 것이다. 또한 가격고정공모(價格固定共謀)의 평균가격인상율(平均價格引上率)이 18%임을 감안할 때 담합실행기간(談合實行期間) 매출액(賣出額)의 1%라는 현재의 최고(最高) 과징금액(課徵金額)은 부당이득환수(不當利得還收)나 행정제재(行政制裁)의 어떤 측면에서도 그 실효성(實效性)이 극히 의심스러운 적은 금액이며, 거의 모든 위법행위(違法行爲)에 대하여 시정조치(是正措置)만이 취해지고 담합사업자(談合事業者)들에게 과징금(課徵金)이나 형사벌(刑事罰)이 부과되는 경우도 극히 드물어 담합억지효과(談合抑止效果)가 의문시되고 있다. 담합규제(談合規制)의 실효성(實效性) 제고(提高)를 위해서는 경쟁(競爭)의 실질적(實質的) 제한성(制限性)이 아니라 경쟁제한(競爭制限)의 부당성(不當性)을 위법성(違法性) 판단기준으로 하여 가격고정(價格固定), 입찰조작(入札操作), 시장분할(市場分割) 등 '적나라한' 담합(談合)에 대한 당연위법원칙(當然違法原則)을 확립하고, 과징금(課徵金)을 담합기간(談合期間) 매출액(賣出額)의 20% 정도로 상향조정(上向調整)하여 담합(談合)에 대한 핵심적 제재수단(制裁手段)으로 활용하여야 한다, 또한 담합(談合)의 적발(摘發) 입증노력(立證努力)에 경제적(經濟的) 분석(分析)과 증거(證據)를 이용하고, 특히 입찰조작(入札操作)의 감시(監視) 적발체제(摘發體制)를 확립하여 공공조달분야(公共調達分野)에 대한 경쟁정책(競爭政策)을 강화해야 하며, 묵시적(默示的) 담합(談合)을 가능케 하면서도 합의(合意)로 간주될 수 없는 담합촉진(談合促進) 기도행위(企圖行爲)를 금지할 법적(法的) 근거(根據)를 마련해야 할 것이다.

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