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Jang, Eun-Hee;Hwang, Jee-Hyon
- Korea Trade Review
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- v.42 no.5
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- pp.233-252
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- 2017
The fast changes of global financial environment in recent years increase the risk of trade settlement. This means are required to minimize risk of non payment and to maximize secure payment. Open Account trade accounts for 90% of global trade flows. The O/A system means that the goods, along with all the necessary documents, are shipped and delivered before payment is due, usually within a time frame from 30 to 90 days. Meanwhile, Korean small and medium-sized export enterprises are compelled to globalize their activities owing to limitation and competitiveness of domestic marketplace. To keep face with the global trade settlement system and to support globalization of small and medium-sized export firms, the BPO together with Supply Chain Finance will be solutions. The introduction of the BPO system will allow banks to broaden O/A offerings to their client base and due to secure safety, sellers could ship the goods without delay according to orders and buyers could settle promptly by payment undertaking of correspondent banks. Therefore, it is more effective for companies which have sustainable customers and stable transaction. This study take a look at the trend of the global payment systems and suggested limitation of existed payment in order to derive improvement measures of electronic payment for small and medium-sized export enterprises.
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Ahn, Kyung-Ae
- Korea Trade Review
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- v.42 no.6
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- pp.131-154
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- 2017
In international trade, transportation generally has the largest and direct impact on freight costs. However, it is also sensitive to external factors such as global economic conditions, global trade volume and exchange rate. Therefore, it is necessary to examine the relationship and influence of international trade in terms of external factors that affect the change of imports and exports by marine and air transportation through empirical analysis. In particular, the analysis of the impact of these external factors on marine and air transportation is an important topic when recent exchange rate changes are significant, and it is also necessary to analyze what transportation means are more sensitive to exchange rate changes. In this study, we use the Vector Error Correction Model to analyze the dynamic effects of changes in exchange rate and domestic and international economic conditions on marine and air transportation from January 2000 to March 2017. Respectively. Alos, Impulse response function and variance decomposition were examined.
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한국포장협회
- The monthly packaging world
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- s.76
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- pp.104-107
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- 1999
지난 5월 27일부터 30일까지 4일간 서울국제 무역전시장에서는 99서울국제포장기자재전이 열렸다. 대한무역투자진흥공사와 한국산업디자인진흥원, 그리고 (사)한국포장협회가 공동주최한 이번 전시회에서는 18,493명에 달하는 참관객이 방문해 440여건에 달하는 내수 및 수출계약 건수를 올렸는데 29개국 193명의 외국 바이어들이 참관해 국내 포장산업을 소개하는 계기가 되기도 했다. 한편, 이번 전시회의 주최 측에서는 5월 30일 하루동안 전시참가업체 92개사
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