• Title/Summary/Keyword: AsiaSafe

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Cross-Border Asset Pledgeability for Enhanced Financial Stability

  • Choi, Gongpil
    • East Asian Economic Review
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    • v.24 no.1
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    • pp.89-124
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    • 2020
  • Even with the sizable Foreign Exchange (FX) holdings and good credit ratings of its top assets, Asia remains vulnerable to various shocks. This paper highlights the limited cross-border asset pledgeability as a significant factor for the lingering vulnerability in Asia. The dichotomy in asset holdings between pledgeable FX and non-pledgeable domestic assets in major economies in Asia has been the source of increasing stabilization costs as well as weakened market momentum in the region. Specifically, the peculiar feature of asset holdings in Asia reflects seriously deficient cross-border asset pledgeability that is left unaddressed. Asset pledgeability contributes toward financial stability via three channels: 1) capital market development by recognizing the role of collateral, 2) increased shock absorption capacity via collateral management, 3) and the newly activated safe asset provision. Therefore, it is crucial to go beyond the usual market development strategy and expand the overall asset pledgeability in the region that has remained unduly depressed.

SENTINEL ASIA FOR ENVIRONMENT (SAFE)

  • Takeuchi, Wataru;Akatsuka, Shin;Nagano, Tsugito;Samarakoon, Lal
    • Proceedings of the KSRS Conference
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    • 2008.10a
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    • pp.402-405
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    • 2008
  • This paper is a proposal of Sentinel Asia for Environment (SAFE). The essential to this project is to help environmental agencies in Asia to set up an environmental monitoring system with satellite observation data. It is focused on an environmental issues originated from anthropogenic events detected as land cover and land use change in Asians' daily human life including; agriculture, global warming gas, urban environment and forest resources. It is leaded by Japan Aerospace Exploration Agency (JAXA) along with University of Tokyo and Asian Institute of Technology in Thailand under the umbrella of Sentinel Asia which is dedicated to disaster monitoring issues. It is expected to initiate a information outgoing through WWW for Asian countries to set up their national land information system focusing on environmental changes.

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On the conceptual design of the gauge-adjustable wheelset for the north-east asia network (동북아 철도망 연계를 위한 궤간가변장치 개념설계)

  • Jang Seung-Ho;Na hui-Seung;Han Jun-Seok
    • Proceedings of the KSR Conference
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    • 2005.05a
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    • pp.281-284
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    • 2005
  • A gauge-adjustable system can be used for the fast and safe transportation in the railways with different gauges instead of transshipment or bogie-changing. The system will be necessary to connect the trans-Korean railway with the transcontinental railway effectively. In this paper, the technical requirements for the gauge-adjustable system used for the north-east asia network were studied and the conceptual design of the system was performed. For the purpose, the specification was made and the QFD and TRIZ methods are used.

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Policy of Surging Investment to Early Startups Via Boosting up SAFE in Korea (창업초기투자 촉진을 위한 한국형 SAFE 활성화 방안에 대한 연구)

  • Park, Jin;Yang, Youngseok
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.17 no.6
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    • pp.1-12
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    • 2022
  • This paper put the goal on boosting up early startup investment by delivering and positioning SAFE as the main early startup investment type in Korea. In particular, this paper proves the better fitting of SAFE as to the early stage of venture investment than these of Convertible Note. This paper as referring the previous studies of SAFE as the major keystone issues determining active SAFE applying (legal positioning issue, tax treatment issue, failure of inducing the following investment with uncertainty over maturity) proposes boosting up policy of Korean SAFE. First, as to accounting treatment of SAFE, it suggests SAFE to recognize legally as "the capital" on the Korean Venture Investment Act of introducing SAFE actively as venture investment type. Second, as to tax treatment issue, it proposes on amending venture indication rule as the best alternative of resolving tax issue by accepting SAFE as the investment meeting to venture investment requirement. Third, as benchmarking foreign cases, it delivers the method of modifying foreign SAFE Contract Format by adding up more clauses about safety vehicles against the failure of the following investment and fixing maturity date and event. Ultimately, all resolutions of this paper fall on highlighting the role of Korean Venture Investment Act and Ministry of SMEs and Startups.

Study of International trend for AUGT(Automated Urban Guided Transport) safe requirements (AUGT 안전요구사항의 국제적 동향 연구)

  • Lee, Hoon-Goo;Choi, Kwon-Hee;Jo, Yong-Gyun;Lee, Young-Ho;Hwang, Hyeon-Chyeol
    • Proceedings of the KIEE Conference
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    • 2009.04a
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    • pp.195-197
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    • 2009
  • It is a proven fact with the opening of the Seoul metro line number 1 in 1974 traffic congestion on the roads has decreased and the efficiency of people transportation in general has greatly been enhanced in the downtown and surrounding areas of Seoul. Even today construction of new subway lines are under way and many more are being planned due to the easy access to stations, short waiting and average travel times, compared with personal vehicles, contributing to the efficiency of the public transportation systems that are linking the downtown areas and also the intercity systems in moving passengers during rush hour and times of special event. Since the labour costs of the train operator in any large city based subway system accounts for a major part of the operating costs per kilometer and to ensure cost efficient operations, especially during non-peak hours, it is necessary to implement an unmanned(auto-driven) subway system. In order to implement such a system it is imperative that the on-board and wayside signalling control systems be fully automated as well. Only through proper examination of safety procedures not only by the AUGT(Automated Urban Guided Transport)system but also by ail the international standards organizations involved can safely and stability be ensured.

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A Prototype of System Development for Digital Rights Management in Electronic Commerce (디지털 콘텐츠 정보보호를 위한 저작권 관리시스템 설계 및 구현)

  • Lee, Ki-Dong;Kim, Jun-Woo
    • Asia pacific journal of information systems
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    • v.13 no.4
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    • pp.97-118
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    • 2003
  • The Internet provides a new way of doing business, but ease of copying and of sharing valuable digital information illegally across the Internet undermine many viable business models. This paper investigates the Digital Rights Management(DRM) as a means to provide safe protection and proper delivery of digital contents through the Information highway. First, we briefly summarize the current endeavor of DRM technical development and standardization process held in key technical working groups. Then, the paper provides a generic architecture for a DRM framework and shows the implementation of a prototype of DRM system incorporating key conceptual and technical standardization development. This study emphasizes the importance of developing the DRM architecture that provides the proper protection and safe transformation of digital contents in electronic commerce.

Safe and Effective Reduction Malarplasty (안전하고 효과적인 광대축소술)

  • Kang, Young Ho
    • The Journal of the Korean dental association
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    • v.58 no.2
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    • pp.103-113
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    • 2020
  • Background: Reduction malarplasty is one of the most popular facial contouring surgeries in east Asia for making patients' faces smaller. Currently in Korea, reduction malarplasty surgeries are performed mostly at plastic surgery clinics, but few cases are done at oral and maxillofacial surgery clinics. The reason might be because of post-operative complications after reduction malarplasty, such as undercorrection, overcorrection, asymmetry, cheek drooping, malunion, pain and noise. Those complications should be uneasy to be handled by oral and maxillofacial surgeons, however, they can be prevented by knowing the effective and safe reduction malarplasty techniques. Therefore, in this article the author as an oral and maxillofacial surgeon, would like to suggest safe and effective surgical methods for reduction malarplasty customized for Korean patients. Method: L- shape osteotomy of zygomatic body was performed with intraoral approach via vestibular incision, and the zygomatic arch was osteotomized with extraoral approach via sideburn incision. Then zygomatic complex was separated and rotated mesio-superiorly without removal of a bony strip and fixed with miniplates and microplates without making a bony gap. Conclusion: Surgical results were favorable and satisfied by the patients without cheek drooping, malunion, undercorrection and asymmetry.

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The Validity on Tour Development of Yoryang Coral Cave.

  • Hong, Si-Hwan;Won, Pyong-Kwan
    • Journal of the speleological society of Korea
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    • no.5
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    • pp.5-14
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    • 1997
  • This research is to survey the possibility of developing Yoryang coral cave as the local tour site uitable for local self-government era of Kangwon province, with relation to the tour development of Odaesan and Tebagsesan. This cave is only coral one founded in Asia and has very high speleological, and academic values. The people in the mining village can live a safe and rich life by getting two more jobs through developing the tour site in Yoryang coral cave round. The tour train running between Kangnung and Wonju makes coral cave as the local tour site, the beneficial condition of developing Yoryang.

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