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A Correlation Analysis between International Oil Price Fluctuations and Overseas Construction Order Volumes using Statistical Data (통계 데이터를 활용한 국제 유가와 해외건설 수주액의 상관성 분석)

  • Park, Hwan-Pyo
    • Journal of the Korea Institute of Building Construction
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    • v.24 no.2
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    • pp.273-284
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    • 2024
  • This study investigates the impact of international oil price fluctuations on overseas construction orders secured by domestic and foreign companies. The analysis employs statistical data spanning the past 20 years, encompassing international oil prices, overseas construction orders from domestic firms, and new overseas construction orders from the top 250 global construction companies. The correlation between these variables is assessed using correlation coefficients(R), determination coefficients(R2), and p-values. The results indicate a strong positive correlation between international oil prices and overseas construction orders. The correlation coefficient between domestic overseas construction orders and oil prices is found to be 0.8 or higher, signifying a significant influence. Similarly, a high correlation coefficient of 0.76 is observed between oil prices and new orders from leading global construction companies. Further analysis reveals a particularly strong correlation between oil prices and overseas construction orders in Asia and the Middle East, potentially due to the prevalence of oil-related projects in these regions. Additionally, a high correlation is observed between oil prices and orders for industrial facilities compared to architectural projects. This suggests an increase in plant construction volumes driven by fluctuations in oil prices. Based on these findings, the study proposes an entry strategy for navigating oil price volatility and maintaining competitiveness in the overseas construction market. Key recommendations include diversifying project locations and supplier bases; utilizing hedging techniques for exchange rate risk management, adapting to local infrastructure and market conditions, establishing local partnerships and securing skilled local labor, implementing technological innovations and digitization at construction sites to enhance productivity and cost reduction The insights gained from this study, coupled with the proposed overseas expansion strategies, offer valuable guidance for mitigating risks in the global construction market and fostering resilience in response to international oil price fluctuations. This approach is expected to strengthen the competitiveness of domestic and foreign construction firms seeking success in the international arena.

Decentralization from Al-Qaida central among Salafi-jihadist groups, Boko Haram and the Islamic States (살라피 지하디스트의 탈-알카에다 중심화와 보코하람, IS에 대한 분석연구)

  • Kim, Eun-Young
    • Korean Security Journal
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    • no.41
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    • pp.185-212
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    • 2014
  • This research examines the decentralization of al-Qaida and other Salafi-jihadist terrorist groups, which is a subject of intense debate in the West. Especially, this study focused on investigating the status and evolution of al Qa'ida and other two Salafi-jihadist groups, Boko Haram and the Islamic States. These terrorist groups are currently considered as the most active Salafi-jihadist terrorist groups leading today's decentralization from Al-Qaida central terrorism network. This study also aims to examine the contemporary threats posed by the two extremely violent jihadist terrorist groups and these groups's terrorist networks. In order to achieve the purpose of this study, this study conducted content analyses with a wide range of documents reporting about Salafi-jihadist terrorists groups. Also this study utilized GTD data set drwan from START centner to provide descriptive analyses regarding IS and Boko Haram's activities and threats. On the basis of analyses, this study argues that recently the threats posed by core al Qaida has been severely weakened. Further, the broader Salafi-jihadist movement has become more decentralized among four tiers: first, core al Qaida in Pakistan; second, formal al Qa'ida affiliated groups that have sworn allegiance to core al Qaida; a number of Salafi-jihadist groups that have committed to establishing an extremist Islamic emirate without sworn allegiance to al Qaida; third, individual followers and networks inspired by al Qaida and other Salafi-jihadist groups. In concusion and discussion, this study highlights the need for a long-term engagement counter terrorism strategy against Salifi-jihadist terrorists groups on behalf of the peace and security of the world society.

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Port's Successful Global Supply Chain Strategies - Focusing on the case of Dubai port - (항만의 성공적인 글로벌 공급사슬 전략 - 두바이항의 사례를 중심으로 -)

  • Han, Chul-Hwan
    • Journal of Korea Port Economic Association
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    • v.24 no.2
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    • pp.175-192
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    • 2008
  • Today's individual firms no longer compete as solely autonomous entities, but rather as supply chain. As such the competitive position of a port is not only determined by its internal strengths but also it is also affected by its links in a global supply chin. In other words, port competitiveness is becoming increasingly dependent on external coordination and control of the whole supply chain. The main purpose of this paper is to examine how a port embeds itself into supply chain in order to strengthen its competitive position by focusing on Dubai port case. This paper found that Dubai port used three phases-insertion, integration and dominance-as a strategies for how it can embedded into global supply chain successfully. Dubai's global supply chain strategies give some implications for the further development of the Port of Gwangyang. First, the Port of Gwangyang should fully utilize symbiotic relationship with Gwangyang free Economic Zone. Second, the integration between Korea Container Terminal Authority and GYFEZ can be recommended for fast decision-making and providing a one-stop-service. Finally, Gwangyang should pursue an aggressive supply chain strategy, aims at dominance in the regional port network through port alliance with small and medium ports in neighboring area.

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The Analysis of Chloride Ion of Ground Water in the West Coast District of Jeollabuk-Do using Spatial Interpolation (공간보간법을 이용한 전라북도 서해안 지역의 지하수 염소이온 분석)

  • Lee, Geun-Sang;Im, Dong-Gil;Choi, Yun-Woong;Cho, Gi-Sung
    • Journal of Korean Society for Geospatial Information Science
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    • v.19 no.4
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    • pp.23-33
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    • 2011
  • In this study, the data that examined the chloride ion concentration of ground water wells in the west coast of Jeollabukdo applying the GIS spatial estimation method were analyzed. In particular, through the designation of a validation point among ground water wells and then the analysis of error characteristics of the chloride ion concentration by each method of IDW (Inverse Distance Weight), Spline, and Kriging Interpolation method which is proper for estimating salt water intrusion was selected. The main conclusion from this study is as follows. First, as a result of analyzing the error characteristics of various spatial estimation methods by using the data from the chloride ion concentration of 485 ground water wells, the IDW method was found to be the most appropriate for estimating chloride ion concentration by salt water intrusion. Second, analyzing the average chloride ion concentration of the targeted regions has revealed that Gunsan-si with the record of $541mg/{\ell}$ did not meet water quality standards even for industrial use. Both Gimje-si and Gochang-gun satisfied drinking water quality standards and Buan-gun with $272mg/{\ell}$ was slightly below the standards for drinking water. Third, concerning the results of analysis according to administrative districts, as the areas adjacent to the west coast such as Daemyeong-dong, Joong-dong, Jangjae-dong and Guemam-dong in Gunsan-si are found to have very high chloride ion concentration, and both Hoehyeon-myeon and Daeya-myeon bounded by the Mankeong river did not meet water quality standards even for industrial use. From these facts, it is concluded that salt water intrusion has a great effect on Gunsan-si generally.

Analysis on the Damage and Intensity of the 13 December 1996 Yeongweol Earthquake (1996년 12월 13일 영월지진의 피해 및 진도 분석)

  • 경재복;이기화
    • The Journal of Engineering Geology
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    • v.6 no.3
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    • pp.165-184
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    • 1996
  • The earthquake(M=4.5 by KMA), which occurred in the northeastern part of Yeongweol($37^{\circ}$ 15.75' N, $128^{\circ}$ 42.13' E) on December 13, 1996, shows shallow focal depth(about 8.0km) and relatively large felt area covering most of the southern peninsula. This is the first medium-size earthquake in inland region of the southern peninsula since 1978. It did not trigger foreshock but 13 aftershocks($M{\;}{\geq}{\;}2.5$) for a month. The intensity based on the felt area estimation of about 400 places shows MIMI III-VII in inland region, II on Cheju Island and I on ulreung Island. The isoseismal of MIMI VII shows an elongated circle in the direction of NE-SW and covers some parts of Jungdong-myon, Yeongweol-kun, Sindong-eup and Nam-myun, Jeongseon-kun. There occurred quite strong shaking, numerous cracks on the walls of buildings, falling and movement of slate and tiles on the roofs, falling of tiles from the wall and falling of materials from desks, rock falling from mountain and collapse of gravel layers on the river side. Mainshock and aftershocks occurred condensely between Yemi and Hwaam areas. The felt area due to the Yeongweol earthquake is Quite larger than those of similar size earthquakes in the Korean Peninsula.

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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.

A Study on Strategic Direction of Urban Management through Evaluation of Value-for-Money for Urban Development Projects - Focused on the Region of Gugal Station Area in Yongin City - (도시개발사업의 투자가치 평가를 통한 전략적 도시관리 방안에 관한 연구 - 용인시 구갈 역세권 지역을 중심으로 -)

  • Hwang, Eui-Pyo;Won, Jai-Mu
    • Journal of the Korean Society of Hazard Mitigation
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    • v.10 no.3
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    • pp.1-11
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    • 2010
  • In this study, we studied strategic directions of urban management through evaluation the value of the investment with the consideration of the development plan, the condition of the location, the potential of the site, green and disaster prevention infrastructure, focused on Gugal-dong(Gugal Station area) and the region of Bora, Jung-dong, in Yongin city. In terms of the methodology, we tried to decide using Analytic Network Process which can consider the relation between the evaluation items. In conclusion, for the development plan, the order of evaluation items is development purpose, key tenant, fund raising and marketing, and for the condition of the location, the order of evaluation items is land use, surrounding environment, and traffic environment, and for the development potential, the order is marketability, identity, and historic character, and for the green and disaster prevention infrastructure, the order is prevention of human, natural, social disaster. The significance of the conclusion of this study is that it can be utilized in pre-evaluation in planning the urban development.

A Study of the Oriental Influences on Poiret's Designs (폴 푸아레의 디자인에 표현(表現)된 동양(東洋) 영향(影響)에 관(關)한 연구(硏究))

  • Park, Hye-Won;Cho, Kyu-Hwa
    • Journal of Fashion Business
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    • v.1 no.2
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    • pp.74-85
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    • 1997
  • 폴 푸아레 (1879-1944)가 패션 역사상 혁명적이라고 할 수 있는 여성의 코르셋을 제거시켰다는 것은 익히 알려진 사실이다. 그리고 그러한 결과로 인해 발생된 새로운 직선형의 실루엣에 화려한 색채와 장식을 하여 이전 시대와는 전혀 다른 현대패션의 근원이 되었다. 본 연구는 푸아레의 새로운 직선 실루엣과 화려한 색채와 경이적 장식의 근원이 다름아닌 동양이라는데 중점을 두었다. 이미 국내의 몇편의 논문에서 이러한 논의가 지적되어 왔으나 다른 논제를 다루는 중에 언급이 되었고 당시의 작품이나 동시대의 자료를 분석한 것이 아닌 근래의 출판물에 의존한 연구가 대부분이었다. 따라서 본 연구에서는 그의 동양풍 디자인의 근원을 밝히는데 있어 가능한한 1 차적 자료의 접근을 시도하였다. 1912년 작품인 이브닝 드레스, 터번, 숄, 구두 각 1점과 그의 작품 의도와 생애의 추구를 말해주는 자서전(1930년 불어본 및 1931년 영어본)과 보그(Vogue)지의 기사(1920년 2월호, 9월호) 등을 통하여 그의 동양에 대한 관심을 살펴보았다. 그 결과 푸아레의 동양 영향의 근원은 19세기 말 유럽에서 절정을 이룬 'Sino-Japonism'(중국-일본주의)의 심취, 러시아 발레단의 의상과 색채, 천일야화의 영향에 의한 중동(페르시아)에 대한 열망, 그리고 인도 토민병의 복식에서 비롯된 터번에의 매료 등이었음을 알 수 있었다. 이러한 근원에서 탄생된 디자인으로는 직선형의 튜닉, 기모노 소매(처음엔 푸아레 자신도 중국의 것으로 혼동을 하기도 했지만), 하렘팬츠, 비대칭적인 카프탄식의 코트, 원색의 사용, 극동지역의 직물과 문양, 술장식, 터번 등으로 나타내었다. 따라서 폴 푸아레의 동양적인 관심은 단지 개인적 '취향 혹은 취미(taste)'가 아니라 한 시대양식으로 자리잡은 '동양주의(Orientalism)'라 할 수 있으며 이러한 푸아레의 동양주의는 당시의 패션에 있어 신체의 선을 부정하여 코르셋을 제거 시키게한 그의 모더니즘의 근거가 된다. 본연구의 제한점으로 1차적 자료를 수집하는데에 있어 보다 폭넓지 못했던 점을 밝혀둔다.

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Analysis of China's trade dependency on the countries participating in the Belt and Road initiative (일대일로 참여국가에 대한 중국의 무역 의존성 분석과 시사점)

  • Song, Min-Geun
    • Journal of Digital Convergence
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    • v.15 no.9
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    • pp.189-200
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    • 2017
  • The purpose of this study is to identify the characteristics of China's trade relationships with and dependency on the countries participating in the Belt and Road initiative and to present some implications. This study collected annual total imports, exports, and GDP data from the International Monetary Fund (IMF) on 198 countries and the National Bureau of Statistics of China (NBS) on 221 countries from 1995 to 2015. China's imports and exports have expanded considerably from the mid-1990s to the present, and China's dependence on imports and exports with the US and Japan has declined, while its dependence on the Middle East, South Africa, South America, and Southeast Asia has increased. China has a very high level of dependence on imports from and exports to the countries participating in the Belt and Road initiative, and as the Belt and Road project progresses, the mutual trade dependency between China and the other participating countries is expected to strengthen and expand.

Attenuation Relations in HAZUS for Earthquake Loss Estimations in Korea (한반도 지진재해예측을 위한 HAZUS의 강진동 감쇠식 비교연구)

  • Kang, Su-Young;Suk, Bong-Chool;Yoo, Hai-Soo;Kim, Kwang-Hee
    • Journal of the Earthquake Engineering Society of Korea
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    • v.11 no.6
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    • pp.15-21
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    • 2007
  • Strong motion attenuation relationship represents a comprehensive trend of ground shakings at sites with distances from the source, geology, local soil conditions, and others. It is necessary to develop an attenuation relationship with careful considerations of characteristics of the target area for reliable seismic hazard/risk assessments. In the study, observed ground motions from the January 2007 magnitude 4.9 Odaesan earthquake and the events occurring in the Gyeongsang provinces are compared with the previously proposed ground attenuation relationships in the Korean Peninsula to select most appropriate one. In the meantime, a few strong ground motion attenuation relationships are proposed and introduced in HAZUS, which have been designed for the Western United States and the Central and Eastern United States. The selected relationship from the ones for the Korean Peninsula has been compared with attenuation relationships available in HAZUS. Results of the study will increase the reliability of seismic hazard/risk assessments using HAZUS in the Korean Peninsula.