• Advances in Energy Research
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• v.1 no.1
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• pp.79-95
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• 2013

The purpose of this paper is to investigate the surface temperatures of the shelter of three public buildings in the city of Xanthi, in northern Greece. The buildings were built in different time periods and consequently they have different technical characteristics. Respectively, we survey the three following buildings that have been built in 1880 (Municipality Hall of Xanthi), in 1970 (Municipality Amphitheatre) and in 2002 (Bank offices building). Data have been gathered by the use of thermal camera and the survey has been conducted from January up to July. The data gathered regard measurements of the surface temperature of the exterior walls of the shelters, both inside and outside. The study aims at the evaluation of the thermal behavior of the shelter of buildings, which built in different time and under different regulations. The gathered data of the surface temperatures compare the different thermal behavior of the shelter. The analysis of the results and diagrams show that the thick masonry of the traditional Municipality Hall offers an insulation that is adequate. The building of 1970, which was constructed with the previous buildings regulation, has thermal losses due to inadequate insulation. The new building of 2002 has low thermal losses.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.75
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• pp.117-136
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• 2017

Trade finance services have been played an important role in the Korea trade development history since 1960's. These days the trade environment is confronted by the 4th Industrial revolution and new trade protectionism. So we need to improve the Korea Trade Finance Services in order to improve Korea trade volume. Bank of Korea(BOK) also revised the Rule of Korea Trade Finance in 2014 and enlarged the trade fund for commercial banks where they handle the trade finance to small and medium enterprises(SME) in 2016. This article handle the current state and problems of Korea trade finance services and suggest the improvement measures as follows; First, the commercial banks, which handle trade finance fund, should improve the customs and practice of judge loan for SMEs. Second, the export volume counting rule for trade loan should harmonize between BOK's Rule and Foreign Trade Management Regulation under the Foreign Trade Act. Third, the processing trade and intermediate trade also can use the trade finance like other trade. Fourth, Trade finance should be in balance between export and import finance to defend the new protectionism. It means that the trade finance should expand to import in the certain conditions. Lastly, the related trade promotion agencies and their employees should improve their skills and abilities for handling trade finance.

• Environmental Engineering Research
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• v.18 no.2
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• pp.65-69
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• 2013

Despite the most severe weather and geological conditions, Korean people in earlier times were successful in maintaining sustainable water supplies because they understood the importance of rainwater management, and developed technologies and a philosophy which were needed to live under such circumstances. Recently, the Korean people have suffered frequent incidence of flood damage and drought, and have gradually started to remind themselves of the lessons of the past, which can be described as proactive, multipurpose rainwater management. Most of the problems associated with water and energy can be solved by the integration of rainwater management practices. The concept of multipurpose rainwater management and two examples of its practice are discussed. One is a design for a multipurpose rainwater tank which has been used in a building project, and is based on Korean philosophy. Secondly, a regulation was promulgated recently in Seoul that requires the building of rainwater tanks in new buildings over a certain size. The primary purpose is for the prevention of flooding, but water conservation is a secondary intention. Two examples of proactive rainwater management are discussed, one being public involvement in rainwater management, and the second being the rainwater piggy bank microcredit project. In order to maintain sustainability, to meet the requirements of the Millennium Development Goals, and to be prepared for the effects of climate change, it is expected that multipurpose and proactive rainwater management will be a very effective approach for both developing countries and developed countries. A worldwide network of scientific researchers, as well as a great number of professions, has suggested the promotion of rainwater management.

• Journal of Power Electronics
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• v.7 no.2
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• pp.97-108
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• 2007

This paper describes simple control structures for a vector controlled stand-alone induction generator (IG) for use under variable speeds. Different control principles, indirect vector control and deadbeat current control, are developed for a voltage source PWM converter and the three-phase variable speed squirrel-cage IG to regulate DC-link and generator voltages with a newly designed phase locked loop circuit. The required reactive power for the variable speed IG is supplied by means of a PWM converter and a capacitor bank to buildup the voltage of the IG without the need for a battery, to reduce the rating of the PWM converter while using only three sensors and to eliminate the harmonics generated by the PWM converter. These proposed schemes can be used efficiently for variable speed wind energy conversion systems. The measurements of the IG systems at various speeds and loads are given and show that these systems are capable of good AC and DC voltage regulation.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.5
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• pp.391-401
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• 2021

Technological developments facilitate payment transactions. In 2020, Bank Indonesia issued a regulation that supports QR payments using the Indonesian Standard Quick Response Code (QRIS). PT ABC is one of the banks that launched a QR payment feature on mobile banking with QRIS standards to make it easier for customers to make payment transactions at various merchants. In its implementation, the interest of QR payment users still tends to be small, so an analysis of the interests of QR payment users is carried out. The purpose of this study is to analyze the factors that influence user interest by using a modified UTAUT model. The UTAUT model was modified by adding variables to perceived trust, perceived risk, perceived regulatory support, and promotional benefits. The population taken is the company's customers in the DKI Jakarta area and it takes 403 samples for this case study. The results of empirical analysis show that 8 out of 12 hypotheses are considered proven where business expectations, social influence, perceived trust, perceived risk, perceptions of regulatory support, promotion benefits, age-moderated performance expectations, and age-moderate effort expectations have a significant effect on behavioral intentions, while performance expectations, facilitation conditions, business expectations are moderated by experience and social influence.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.3
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• pp.517-525
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• 2021

The study investigates the behavior of Asian banks in response to the subprime mortgage crisis and examines how countries that have experimented with a mix of conventional and Islamic banking managed their balance sheet during that period. The study carries out an independent mean t-test comparing the difference of leverage of 464 conventional commercial Asian banks pre- and post-crisis from the largest twenty-five Asian economies based on GDP (2007). The analysis uses 10-year unbalanced panel data of conventional banks and employs the generalized least squares estimation using a dummy variable event window method to capture the response of Asian banks. The study finds evidence of a structural change in the capital structure of Asian commercial banks in response to the financial crisis. Findings suggest that conventional banks increased their capital position more in countries that have both Islamic and conventional banking than those countries without Islamic banking services. By having Islamic banking in their product portfolio, countries can exert market discipline on conventional banks. The study identifies a significant role of global macroeconomic shocks on banks liability structure decision-making. Evidence shows that this increase in capital positioning by banks was a permanent rather than a temporary response.

• Journal of the Korea Management Engineers Society
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• v.23 no.4
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• pp.19-31
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• 2018

Corruption is a serious political factor that distorts economic structure and slows economic development. In particular, the transition to the market opening economy increases the corruption incentives due to the transitional situation. The purpose of this study is to investigate the influencing factors on corruption using 2013 Myanmar Enterprise Survey data provided by World Bank. As a result of the analysis, it was found that the manager's willingness to dealing the regulation and the necessity of licensing had a positive relationship with corruption at the level of 90% and 95%, respectively. In the competitive environment factor, the intensity of the competition showed a significant increase at the level of 90%. In the institutional environment, the perception of social corruption and the obstacle of the taxation authorities increased the corruption. On the other hand, the increase in the instability of the political environment and strict enforcement of laws has been shown to reduce corruption. However, there was no significant relationship between managerial capacity, corruption of competitors, tax rate, and administrative environment.

• Korea Trade Review
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• v.41 no.5
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• pp.139-161
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• 2016

This study reviewed the perspective of the institutional application and trade finance settlement of Bank Payment Obligation(BPO). The BPO is a payment method based on trade data-matching which can be used for risk mitigation and payment. The BPO offers the institutional advantages such as an automated solution, an assurance of payment, an improved overall efficiency of business, risk mitigation for all parties, trade financing, etc. The BPO will be developed as a new trade payment method that meets the periodic paradigm thanks to many benefits and usefulness. The BPO will greatly improve the efficiency and stability of the trade payment system in that it is operated by a technology-enabled, databased mechanism that can be applied to a variety of trade transactions. So, the BPO is expected to evolve into an alternative instrument of the trade payment system. This paper is based on documentary research focusing on papers, websites of ICC and SWIFT, and international regulation and laws and so on.

• Journal of International Area Studies (JIAS)
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• v.14 no.2
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• pp.499-524
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• 2010

The purpose of this study is to based on review of theoretical and empirical studies to assess the independence of central banks - the former Socialist republics, including the Russian Federation and Czech, Poland. In addition, the work is expected to clarify whether a link exists between independence and the most important economic indicators such as inflation, economic activity, the budget deficit. And The subject of this study are the formal and actual independence of national banks, as well as limiting factors: political and economic. Background investigation of the problem of independence of central banks from the fact that, according to many economists, it is essential to the successful development of a market economy. The effectiveness of any country's economy due to currency volatility, low inflation, high reliability of the banking system, etc. As far as the independence of monetary regulation contributes to these goals - one of the most actively debated issues in the world of economic theory and practice for a long time. The issue of central bank independence is extremely important for Russia, Czech, Poland. In the near future to the central bank has important tasks, among which are the transition to inflation targeting in the rejection of significant intervention in the foreign exchange market, as well as improving the sustainability of the national banking system. Transparency and independence of the Bank of Russia, Czech Republic, Poland, in my view, should be an important factor in achieving these goals. The countries of Czech Republic, Poland have already made a number of steps to bring the status of their banks to the European standards. Many other developing countries are also in the process of reforming their central banks and the improving conditions of their functioning. However, despite the fact that as a model for reform used by the central banks of countries with developed market economies, central banks in developing countries are still yet deprived of the legal, economic and political independence. A different situation exists in transition space. Because of significant differences in the views of the authorities in transition republics at the necessary level of independence of central banks and the exchange rate and monetary policy reform of monetary management in these countries led to different results.

• Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
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• v.9 no.6
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• pp.773-782
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• 2019

Basel III (Third Basel Accord or Basel Standards) is a global, voluntary regulatory framework on bank capital adequacy, stress testing, and market liquidity risk. Basel III regulatory ratios include capital adequacy, asset soundness, and liquidity. The capital adequacy variables include BIS capital adequacy ratio, BIS tier 1 capital ratio, and tangible common equity ratio. The asset soundness variables include non-performing loan ratio and non-performing loan coverage ratio. The liquidity regulation variables include KRW liquidity coverage ratio and foreign currency liquidity coverage ratio. This study aims to investigate how capital adequacy standard affects efficiency of internet primary banks. As a result of this study, BIS capital adequacy ratio of domestic internet primary banks is lower than that of commercial banks. In order to maintain sustainable operation considering capital adequacy regulations, it is necessary to expand additional capital. In addition, the delinquency rate and non-performing loan ratio of domestic internet primary banks is gradually increasing due to the maturity of high-yield loans in 2019.