• Title/Summary/Keyword: COVID19

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Assessing the Contributions of Non-bank Financial Institutions (NBFI) and ELS Issuance to Systemic Risk in Korea

  • JONG SOO HONG
    • KDI Journal of Economic Policy
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    • v.46 no.1
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    • pp.21-51
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    • 2024
  • Since the Global Financial Crisis of 2008-2009, the importance of nonbank financial institutions in macroprudential management has increased significantly. Consequently, major countries and international financial institutions have been actively discussing and implementing macroprudential supervision and regulation for non-bank financial institutions (NBFI). In this context, this paper analyzes the systemic risk of both banks and non-bank sectors (securities firms and insurance companies) in South Korea over different time periods. Using the widely recognized ΔCoVaR methodology for measuring systemic risk, the analysis reveals that systemic risk increased substantially across all three sectors (banks, securities firms, and insurance companies) during the Global Financial Crisis, the European Sovereign Debt Crisis, and the COVID-19 pandemic. Although the banking sector exhibited relatively high systemic risk compared to the securities and insurance sectors, the relative differences in systemic risk varied across the different crisis periods. Notably, during the margin call crisis in March of 2020, the gap in systemic risk between the banking and securities sectors decreased significantly compared to that during both the Global Financial Crisis and the European Sovereign Debt Crisis, indicating that securities firms had a more substantial impact on risk in the overall financial system during this period. Furthermore, I analyze the impact of the issuance of equity-linked securities (ELS) by financial institutions on systemic risk, as measured by ΔCoVaR, finding that an increase in the outstanding balance of ELS issuance by financial institutions had an impact on increasing ΔCoVaR during the three crisis periods. These findings underscore the growing importance of non-bank financial institutions in relation to South Korea's macroprudential management and supervision. To address this evolving landscape, enhanced monitoring and regulatory measures focusing on non-bank systemic risk are essential components of maintaining financial stability in the country.

Prediciton Model for External Truck Turnaround Time in Container Terminal (컨테이너 터미널 내 반출입 차량 체류시간 예측 모형)

  • Yeong-Il Kim;Jae-Young Shin
    • Journal of Navigation and Port Research
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    • v.48 no.1
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    • pp.27-33
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    • 2024
  • Following the COVID-19 pandemic, congestion within container terminals has led to a significant increase in waiting time and turnaround time for external trucks, resulting in a severe inefficiency in gate-in and gate-out operations. In response, port authorities have implemented a Vehicle Booking System (VBS) for external trucks. It is currently in a pilot operation. However, due to issues such as information sharing among stakeholders and lukewarm participation from container transport entities, its improvement effects are not pronounced. Therefore, this study proposed a deep learning-based predictive model for external trucks turnaround time as a foundational dataset for addressing problems of waiting time for external trucks' turnaround time. We experimented with the presented predictive model using actual operational data from a container terminal, verifying its predictive accuracy by comparing it with real data. Results confirmed that the proposed predictive model exhibited a high level of accuracy in its predictions.

Impact of an Integrated Infection Control Education Program on Caregivers in Long-Term Care Facilities (장기요양시설 요양보호사를 위한 통합적 감염관리 교육프로그램의 효과)

  • Lee, Gyeong Mi;Jun, Eun-Young
    • Journal of Home Health Care Nursing
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    • v.31 no.1
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    • pp.77-88
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    • 2024
  • Purpose: This study aimed to develop and assess the impact of an integrated infection control education program on the awareness, attitudes, and performance of infection control among caregivers in long-term care facilities. Methods: Participants were recruited from two long-term care facilities with 25 caregivers in both the experimental group and the control group. This study used non-equivalent control group quasi-experimental pre-post design. The effectiveness of a developed Integrated Infection Control Education Program was evaluated based on infection control awareness, attitudes, and performance. Data were analyzed using SPSS/WIN 28.0 through descriptive statistics, chi-square tests, Fisher's exact tests, and independent t-tests. Results: There was a statistically significant difference in the degree of awareness (t=-5.00, p<.001), attitude (t=-4.91, p<.001), and performance (t=-6.66, p<.001) of infection control between the two groups. Conclusion: Given these results, the integrated infection control education program significantly improved infection control awareness, attitudes, and performance among caregivers in long-term care facilities. This study is noteworthy because it provided comprehensive education on infection control practices to caregivers in environments that are particularly susceptible to infections, especially following COVID-19. This educational program is actively utilized and validated in practice, it would enhance the infection control performance of caregivers, thereby reducing infection rates within facilities, shortening the length of stay for elderly residents in long term care facilities, and contributing to the reduction of healthcare costs.

A Systematized Overview of Published Reviews on Biological Hazards, Occupational Health, and Safety

  • Alexis Descatha;Halim Hamzaoui;Jukka Takala;Anne Oppliger
    • Safety and Health at Work
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    • v.14 no.4
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    • pp.347-357
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    • 2023
  • Introduction: The COVID-19 pandemic turned biological hazards in the working environment into a global concern. This systematized review of published reviews aimed to provide a comprehensive overview of the specific jobs and categories of workers exposed to biological hazards with the related prevention. Methods: We extracted reviews published in English and French in PubMed, Embase, and Web of Science. Two authors, working independently, subsequently screened the potentially relevant titles and abstracts recovered (step 1) and then examined relevant full texts (step 2). Disagreements were resolved by consensus. We built tables summarizing populations of exposed workers, types of hazards, types of outcomes (types of health issues, means of prevention), and routes of transmission. Results: Of 1426 studies initially identified, 79 studies by authors from every continent were selected, mostly published after 2010 (n = 63, 79.7%). About half of the reviews dealt with infectious hazards alone (n = 38, 48.1%). The industrial sectors identified involved healthcare alone (n = 16), laboratories (n = 10), agriculture (including the animal, vegetable, and grain sectors, n = 32), waste (n = 10), in addition of 11 studies without specific sectors. The results also highlighted a range of hazards (infectious and noninfectious agents, endotoxins, bioaerosols, organic dust, and emerging agents). Conclusion: This systematized overview allowed to list the populations of workers exposed to biological hazards and underlined how prevention measures in the healthcare and laboratory sectors were usually well defined and controlled, although this was not the case in the agriculture and waste sectors. Further studies are necessary to quantify these risks and implement prevention measures that can be applied in every country.

Working Anytime and Anywhere -Even When Feeling Ill? A Cross-sectional Study on Presenteeism in Remote Work

  • Henrike Schmitz;Jana F. Bauer;Mathilde Niehaus
    • Safety and Health at Work
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    • v.14 no.4
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    • pp.375-383
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    • 2023
  • Background: Working despite feeling ill - presenteeism - is a widespread behavioral phenomenon. Previous research has shown that presenteeism is influenced by various work-related and personal factors. It's an illness behavior leading to a range of negative but also positive consequences. Due to coronavirus disease 2019 (COVID-19) pandemic, remote work has become the "new normal" for many employees. But so far, little is known about presenteeism in remote work. This study aims to investigate presenteeism in remote work by looking at the extent of remote presenteeism, differences to presenteeism in on-site work, and associated factors. Methods: A nationwide cross-sectional online survey was conducted in Germany with N = 233 participants. Data were analyzed using descriptive statistics, t-tests, and correlation analysis. Results: The results reveal that presenteeism is prevalent in remote work x = 4.13 days (Md = 3; D = 2; s = 4.95). A low ability to detach from work (r = -.17; p = .005) and low supervisor support (r = -.14; p = .02) is associated with more remote presenteeism days. Remote working conditions seem to facilitate presenteeism. Conclusion: This study provides empirical insights into a subject area of great societal relevance. The results show that awareness should be raised for presenteeism in remote work. It should be regarded as a behavior that can be functional or dysfunctional, depending on the individual situation. Supervisor support and detachment should be fostered to help reduce dysfunctional presenteeism. Promotion of health literacy might help remote workers to decide on a health-oriented illness behavior. Further research is vital to analyze to what extent and under which circumstances presenteeism in remote work is (dys)functional and to derive clear recommendations.

The Effect of Acute Respiratory Disease Infectious Diseases on the Life Change of People with Developmental Disabilities and Their Families

  • JungHyun Kim
    • International Journal of Advanced Culture Technology
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    • v.12 no.1
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    • pp.43-50
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    • 2024
  • Patients with acute respiratory diseases, such as Middle East Respiratory Syndrome (MERS) due to COVID-19, must wear masks, protective clothing, face shields, and gloves to prevent infection during treatment and performance. Even if it is applied to disabled people, families who protect them are severely mentally tired from severe physical fatigue and stress from exposure to high-risk infectious diseases. As such, the spread of infectious diseases such as respiratory diseases has not only caused difficulties in using existing welfare and medical services but also caused various problems throughout the daily life of disabled people due to the prolonged infectious disease, and its scope is gradually expanding. Therefore, it should not be overlooked that disabled people may experience various difficulties, from the spread of infectious diseases such as respiratory diseases to isolation, diagnosis, and treatment, and it is time to actively assess the life changes felt by families caring for disabled people and consider and research to provide adequate services. According to the survey of disabled people is being conducted in the context of the spread of infectious diseases such as respiratory diseases, while research on the spread of infectious diseases such as respiratory diseases is rare for parents with disabilities. There is a need for additional investigation into the characteristics in other areas of everyday life, including the health field, which is deteriorating through prior research. Therefore, through this survey, the purpose of this study is to investigate the life changes of parents with disabilities in the context of the spread of infectious diseases such as respiratory diseases and to compare and analyze them to find out how parents were affected by each type of disability. It will be used as evidence to identify more necessary needs and problems for parents with disabilities in the spread of infectious diseases such as respiratory diseases and to provide more appropriate health care and welfare services in the future.

Comparative Analysis of Experiences and Perceptions of Work Status of Social Workers : Focusing on the generational differences (사회복지사 근로실태 경험과 인식 비교 분석 : 세대간 차이점을 중심으로)

  • Lee, Bangmee;Yoon, Jaeyoung;Seo, Dongmyung
    • The Journal of the Convergence on Culture Technology
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    • v.10 no.3
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    • pp.233-241
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    • 2024
  • This study conducted an analysis of the changes in social work fields, focusing on the 'generational differences' after the COVID-19. As a result of the study, various opinions were presented in two areas: experience and perception of social workers and requirements of social workers. Social workers in their 20s had many requests for improvement of the current working environment and the Local Government and the Association, and those in their 4~50s had many comments about the working environment. Based on these research results, this study proposed the following practical and policy improvement measures. First, it is necessary to improve the low level of salary, work conditions and environment. Second, a safe work environment is required. Third, it is necessary to pay attention to the changed perceptions of social workers and make efforts to match them.

Using the Health Belief Model to Predict Tuberculosis Preventive Behaviors Among Tuberculosis Patients' Household Contacts During the COVID-19 Pandemic in the Border Areas of Northern Thailand

  • Nantawan Khamai;Katekaew Seangpraw;Parichat Ong-Artborirak
    • Journal of Preventive Medicine and Public Health
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    • v.57 no.3
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    • pp.223-233
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    • 2024
  • Objectives: The coronavirus disease 2019 pandemic has exacerbated the rate of tuberculosis (TB) infection among close contacts of TB patients in remote regions. However, research on preventive behaviors, guided by the Health Belief Model (HBM), among household contacts of TB cases is scarce. This study aimed to employ the HBM as a framework to predict TB preventive behaviors among household contacts of TB patients in the border areas of Northern Thailand. Methods: A cross-sectional study with multi-stage random sampling was conducted in Chiang Rai Province. The study included 422 TB patients' household contacts aged 18 years or older who had available chest X-ray (CXR) results. A self-administered questionnaire was used to conduct the survey. Results: The participants' mean age was 42.93 years. Pearson correlation analysis showed that TB preventive behavior scores were significantly correlated with TB knowledge (r=0.397), perceived susceptibility (r=0.565), perceived severity (r=0.452), perceived benefits (r=0.581), self-efficacy (r=0.526), and cues to action (r=0.179). Binary logistic regression revealed that the modeled odds of having an abnormal CXR decreased by 30.0% for each 1-point score increase in preventive behavior (odds ratio, 0.70; 95% confidence interval, 0.61 to 0.79). Conclusions: HBM constructs were able to explain preventive behaviors among TB patients' household contacts. The HBM could be used in health promotion programs to improve TB preventive behaviors and avoid negative outcomes.

A study on the impact of Hallyu on the Korean national image and the image of cosmetics: Focusing on psychological distance theory (한류가 한국 국가 이미지 및 화장품제품 이미지에 미친 영향연구: 심리적 거리이론 중심으로)

  • Jeongman Lee
    • Journal of Fashion Business
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    • v.28 no.2
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    • pp.33-49
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    • 2024
  • Despite COVID-19 and the global economic depression, cosmetics exports are continuously increasing due to the growth of Hallyu consumption overseas. Thus, systematic research is needed to determine what impact Hallyu has on cosmetics. Many studies have been conducted on psychological distance, Hallyu preference, and the overall Korean product image, but research related to the image of cosmetics has been insufficient. AMOS 26.0 was used to empirically analyze the impact of cultural distance, social distance, and Hallyu preference on the national image and the impact of the country's image on the image of cosmetics among females experienced with Hallyu in Indonesia and Malaysia. The empirical analysis showed that cultural distance, social distance, and Hallyu preference had a positive effect on the national image, and the national image also had a positive effect on the image of cosmetics. Since Hallyu has a positive indirect effect on the image of cosmetics, it strengthens the competitiveness of cosmetics companies in overseas markets. In Indonesia, only cultural distance and Hallyu preference were found to affect the national image. However, in Malaysia, all variables affected the national image. Thus, even the same Hallyu content could have different effects on the national and cosmetic images in each country. Therefore, strategies for utilizing different Hallyu contents that are suitable for each country are needed to revitalize Korean cosmetics in overseas markets.

Comparative Analysis of Entrepreneurial Ecosystems by Country and Implications (국가별 창업생태계 비교분석 및 시사점)

  • Jin-Chul Kim;Sang-Hee Jung;Donghyub Shin;Hwanseok Choi;Seunghye Lee
    • Analyses & Alternatives
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    • v.8 no.2
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    • pp.117-140
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    • 2024
  • Major countries are actively pursuing policies to promote entrepreneurship to foster economic growth and employment. Meanwhile, although South Korea's entrepreneurial ecosystem has shown robust quantitative growth since the COVID-19 pandemic, it is still criticized for its shortcomings compared to other major countries. Based on this, this study aims to derive a comprehensive innovation entrepreneurship index for each country to foster an innovative entrepreneurial ecosystem and sustainable growth in South Korea. Specifically, this study first analyzed the entrepreneurial ecosystem of various countries. Second, we utilizing data from sources such as the Global Entrepreneurship Monitor, Global Innovation Index, and World Bank, the study calculates a comprehensive innovation entrepreneurship index for each country. Finally, this study analyzes the type of South Korea's innovation entrepreneurship index and suggests the future direction of through cluster analysis.