• Title/Summary/Keyword: ASCM

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A Study on the Dispute Case under the WTO ASCM - Focus on the Subsidy for Korean Shipbuilding and Hynix Semiconductor(DRAM) - (WTO보조금 협정하의 분쟁사례 연구 - 조선 및 하이닉스 반도체의 보조금 분쟁을 중심으로 -)

  • Kim, Ji-Yong
    • International Commerce and Information Review
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    • v.9 no.1
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    • pp.451-465
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    • 2007
  • It is true that every country which includes the developing country has planned own economic development through government subsidies. Korea also has developed their some major industry through supporting government subsidies. Under the WTO structure, however, government's specific supports for export firms come under prohibited subsidy and subsidy supporting must be based on WTO ASCM(Agreement on Subsidies and Countervailing Measures). The purpose of this paper was to study on the WTO ASCM and to analyze cases on the shipbuilding and Hynix DRAM dispute which Korean concerned major subsidy issue. Korea has been undergoing subsidy dispute with EU and U.S.A. concerned matter of shipbuilding and Hynix DRAM respectively. From this research results were as follow : First of all, the WTO ASCM introduced a definition of subsidy and divided subsidies into three categories and was legally bound through dispute settlement mechanism and implemented by all WTO members. Also, through analyzing cases, results were indicated that Korea wins a lawsuit against the matter of shipbuilding subsidy whereas losing the lawsuit against the matter of DRAM subsidy. It means that the case of shipbuilding subsidy do not violation WTO ASCM and the case of Hynix DARAM is against WTO ASCM. Additionally, as we see the dispute cases concerned Korean industry, it is necessary that government should operate subsidies which were provided for certain governmental policy as consisted with WTO ASCM.

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Concurrent Optimization of Design and Machining Tolerances with Accumulated Scrap Cost Model(ASCM) (누적 재가공 비용 모델을 이용한 설계 및 가공 공차의 동시 최적화)

  • Choe, Min-Seok;Lee, Du-Yong
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.25 no.3
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    • pp.452-460
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    • 2001
  • Most of researches of tolerance optimization have used a simple sum of tolerance-cost functions with several constraint equations as an optimization model. However, if there is a machining sequence with more than one processes to complete a part, and machining failure, i.e., out-of-tolerance occurs at one of the intermediate processes, the tolerance-cost of this process should be added by the machining cost of all the previous processes already completed on the part. In this study, an accumulated scrap cost model(ASCM) is proposed considering the scrapped machining cost, and applied to a simple assembly example. The result of tolerance optimization using ASCM is compared with that of using a traditional optimization model to confirm its effectiveness.

A Study on the Operation of Export Credit Policy preparing for possible WTO ASCM Disputes (WTO 보조금 분쟁을 대비한 수출신용제도 운영방안에 관한 연구)

  • Oh, Won Suk;Kim, Pil Joon;Baek, Seung Taek
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.57
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    • pp.283-303
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    • 2013
  • When a trade conflict arises related to an officially supported export credit programme, The World Trade Organization(WTO), decides on whether the programme is a forbidden subsidy stipulated in the Agreement on Subsidies and Countervailing Measures(the ASCM Agreement). Korea was taken to the WTO panel two times for the export credit programme. One is the semiconductor case in 2002 and the other was the shipbuilding disputes in 2004. And, In 2012, the U.S. Commerce Department ruled K-SURE's export insurance for Korean refrigerator manufacturers as a forbidden subsidy even if the case was not taken to the WTO. This paper examines the significance of export credit programmes on the WTO ASCM Agreement and discusses how to operate these programmes so they would not infringe upon the Agreement by analyzing the actual cases of WTO subsidy conflicts that involved Korean enterprises in relation to export credit programmes for the purpose of determining the related issues and impacts. From this research the results were as follows: First, on whether export credit is a prohibited subsidy, the deciding factor was whether a benefit has been conferred to the beneficiary. On the presence of a benefit, the WTO panel used market benchmarks as the main criteria. Thus, official export credit agencies(ECAs) should be careful not to provide export credit support which had been granted to the beneficiary at better than market terms. Second, in the case of export credit, the special status of ECA as a public body receiving government support itself does not constitute a subsidy. However, caution must be taken not to provide export credit that may lead to WTO ASCM subsidy conflicts involving a certain exporter or industry by setting up clear and valid regulations and fair work processes in the operation of export credit programmes. Third, item (j) of Annex I cannot be interpreted reversely as this item is for interpreting the presence of a prohibited subsidy, not the presence of a benefit. Thus, an export credit program that confers a financial contribution, a benefit and specificity, could qualify as a prohibited subsidy. Fourth, ECAs not only have to maintain long-term account balance but also introduce additional measures to meet this long-term balance such as a clear and systematic premium system. Finally, export credit programmes that are not defined in item (j) of Annex I of the ASCM Agreement would not deemed as an prohibited export subsidy as long as the continued support of the programmes are not being forced.

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Study on the WTO Disputes over the Korean Shipbuilding Industry in Relation to Export Credit (수출신용과 관련하여 우리나라 조선산업에 대한 WTO 무역분쟁 연구)

  • Lee, Koung-Rae
    • Korea Trade Review
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    • v.44 no.1
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    • pp.129-142
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    • 2019
  • This paper draws implications on the ship finance of the Korean ECAs for shipbuilding industry from the perspective of WTO ASCM through studying the trade disputes on export credits. In consideration of the underwriting practice on the case-by-case basis, the ECAs' law regimes and their ship finance programs as such would be judged not conferring a benefit. The ship finance of international commercial banks could be treated as a market benchmark for the purpose of determining the existence of benefit in the ECA ship finance. The ECAs share securities with international commercial banks for the same exposure to the risks in a syndicate. Therefore, WTO DSB would rule that the ECA ship finance confers no benefit for individual transactions. The items (j) and (k-1) of ASCM Annex I are not allowed to interpret a contrario.

A Study on the Air Defense Capability of Aegis Class Ships the Netted Battlefield (전장네트워크 기반 이지스급 함정의 공중방어능력에 관한 연구)

  • 임희동;권용수
    • Journal of the military operations research society of Korea
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    • v.28 no.2
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    • pp.137-150
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    • 2002
  • This paper describes a comprehensive analysis of the air defense capability of Aegis class ships on the netted battlefield. A principal threat to ships at sea is anti-ship cruise missiles. The missiles flies lower, faster, and with less radar cross section than its predecessors. Therefore, the ship of the 21s1 century must have the future operational capability based NCW to engage this threat and then the survivability of ship can be guaranteed. This operational concept is reflected in Aegis ship and CEC of US navy, In the near future, the korean navy will be possessed a few Aegis class ships. In this view, this paper has analyzed the intercept range of the sea-skimming ASCM to measure the area defense capability of the Aegis ship in PCW and NCW, respectively and presented the air defense capability of the ship on the netted battlefield.

Isolation of Wild Yeasts and Characterization of Physiological Functionalities of Unrecorded Wild Yeasts Obtained from Flowers and Soils of the Wolpyung Park, Daejeon City and Gykpo Beach, Buan, Jeollabuk-do in Korea (대전광역시 월평공원과 전북 격포해수욕장 주변 야생화와 토양들로부터 야생효모의 분리 및 국내 미기록 효모들의 특성과 생리 활성)

  • Jang, Ji-Eun;Park, Seon-Jeong;Lee, Jong-Soo
    • The Korean Journal of Mycology
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    • v.49 no.1
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    • pp.87-100
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    • 2021
  • This study aimed to isolate wild yeasts obtained from flowers and soil of the Wolpyung park, Daejeon city and Gykpo beach, Buan, Jeollabuk-do in Korea, and to further characterize previously unrecorded wild yeast strains. In total, 88 strains of 62 different species of wild yeasts were isolated from 75 samples obtained from the Wolpyung park. Among these, six strains of Trichosporon moniliiforme and four strains each of Papiliotrema flavescens and Candida melibiosica were isolated. Additionally, 39 strains of 30 different species of wild yeasts were isolated from 35 samples collected from the Gykpo beach. Among the 127 isolated wild yeast strains, 10 strains, including Apiotrichum porosum ASCM32-1, were previously unrecorded. All the 10 previously unrecorded yeasts were oval or global in shape, and three strains, including Candida athensensis WP4-90-3, formed spores. Three strains, including Vishniacozyma taibaiensis WP13-2, were halophilic yeasts which grew in 15% NaCl-containing YPD(yeast extract-peptone-dextrose) medium. Five strains, including C. athensensis WP4-90-3, showed 15% ethanol resistance. Cell-free extracts from Candida oleophila WP5-19-1 and Wickerhamomyces anomalus HO9-2 showed the highest β-glucuronidase inhibitory activity (49.0%) and neutrophil elastase inhibitory activity (38.4%), respectively.

China's Naval Strengthening and US Navy's Counter-Forces (중국의 해군력 증강과 미국 해군의 대응전략 -중국 해군의 반접근/지역거부(A2/AD)전략 수행능력을 중심으로-)

  • Kim, Duk-ki
    • Strategy21
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    • s.42
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    • pp.196-223
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    • 2017
  • The aim of this paper is to analyze China's naval strengthening and threat reflected in submarines, aircraft, destroyers and missile capabilities and US Navy's counter-forces. China is strengthening its naval forces in accordance with its three-step naval force build-up plan, and the introduction of Russian destroyers and submarines is a foothold for China's naval enforcement. The Chinese Navy also converted the concept of the First-Second Island Chain Defense, which it had already maintained, to the concept of maritime layer defense. Currently, the Chinese Navy maintains the concept of a Three-Maritime Layer Defense which includes the South China Sea, where artificial islands are being built by China, in the First Layer Defense and the East China Sea in the Third Layer Defense. Along with the advancement of Chinese Navy's submarines, surface vessels and aircraft's operational capabilities, ballistic and cruise missile capabilities become a major threat to the US Navy. If a crisis occurs in the East China Sea or in the Taiwan Waters, the US Navy will face more difficulties in employing the Carrier Strike Group to manage the crisis. Meanwhile, if a crisis occurs on the Korean Peninsula, it will be a burden to dispatch Carrier Strike GroupS to the East and West Seas of the Korean Peninsula. For the stable future, the US Navy should develop a strategy to respond more effectively to the Chinese Navy, which is challenging new maritime supremacy in East Asia.

Supersonic ASCMs of Soviet/Russia (소련/러시아의 초음속 대함유도탄)

  • Kim, Ki-Un;Lee, Ho-Il;Hwang, Yoojun
    • Journal of the Korean Society of Propulsion Engineers
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    • v.25 no.5
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    • pp.27-35
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    • 2021
  • A technical review of Soviet/Russian supersonic anti-ship cruise missiles is presented. The supersonic anti-ship cruise missiles is one of the weapons for asymmetric power. The supersonic speed of the missiles is very useful both for attacking a time critical target and for improving target-penetration characteristics of the missile. The survivability of the missiles has also been increased by the improved concept of operation. Supersonic cruise missiles is greatly affected by the evolution of propulsion technology. Early supersonic cruise missiles adopt turbojet engines and rocket motors. The use of the integrated rocket-ramjet engine reduced the size of the supersonic missile, so today's supersonic cruise missiles are suitable to be deployed in various platforms. Nowadays, export versions of the missiles are actively being developed.