• Title/Summary/Keyword: Economic Growth Strategy

Search Result 402, Processing Time 0.026 seconds

Development and Leading Strategy of Future IT Convergence Industry (미래 IT융합 신산업 육성 및 선도방안)

  • Park, Kyung-Hye
    • Journal of Digital Convergence
    • /
    • v.9 no.5
    • /
    • pp.89-98
    • /
    • 2011
  • IT has contributed much to Korea's economic growth and has helped the innovation of social paradigm. It helps the improvement of productivity, efficiency, convenience and communication, and also helps the critical changes of life style. IT convergence with other technologies or industries has appeared and it promotes new changes and innovations. It is the convergence of IT advancement and other areas of technology development, and it promotes and creates new industries. In major countries, including Korea, the resources and capabilities has focused selectively into this new industry. In this paper, we try to study IT integration strategy and technology development trends and to evaluate the level of IT integration capabilities in Korea based on experts survey results. In the conclusion, we suggest some Strategic Recommendations for developing and leading the new IT Convergence industries.

Development of National e-Health Strategy (국가 보건의료정보화의 정보전략계획(ISP) 수립 방안)

  • Shin, Ji-Eun;Cho, Daegon;Kim, Byung-In;Ko, Young Myoung;Ki, Youngmin;Jung, Insoo;Kang, Sung-Hong;Park, JongSun;Kwak, Misook;Hwang, Hee
    • Journal of Korean Institute of Industrial Engineers
    • /
    • v.42 no.3
    • /
    • pp.198-208
    • /
    • 2016
  • A well-established e-health strategy at the national level is necessary to successfully achieve the trust-and-consensus-based e-health goals by linking strategic information planning and the execution of an implementation plan. This paper provides a methodology of how to establish a national e-health strategy and the case of e-Health Information Strategic Planning (ISP) of the Ministry of Health and Welfare of Korea. The ISP is to improve the quality of care and contribute to the economic growth by integrating a variety of policies and providing affordable and competitive services.

New Media-Informatization Policy and Problems of Developmentalism in Korea (뉴미디어-정보화 정책과 개발주의 패러다임의 문제)

  • Kim, Pyung-Ho
    • Korean journal of communication and information
    • /
    • v.36
    • /
    • pp.231-253
    • /
    • 2006
  • Based on the development of IT(information technology), the explosive diffusion and growth of the new media and services in Korea has attracted keen international attention. The construction of IT infrastructure driven by the proactive social informatization policy of the government has also been spectacular. Korea has persistently pursued strong 'new media-informatization policy' with three main objectives in mind: 1)Industrial-economic value creation; 2)socio-cultural value creation; and 3)building of the knowledge society-knowledge state. But its consequence is rather paradoxical. While its performance is excellent in terms of quantity growth of industry and technology, quality development of society, culture and knowledge creation is lagging far behind. This paradoxical outcome originates, not from any simple policy error, but from a structural problem inherent in new media-informatization policy in Korea which has long been captured by developmentalism. In order for Korea to harvest the reward of strong new media-informatization infrastructure, it needs to institute a policy structure based on a knowledge IT strategy such as research and development of core and patent technologies, design and production of quality contents, networking knowledge bases of society, etc.

  • PDF

The Effect of FTA's Results on China Distribution Company

  • Lee, Young-Min
    • Journal of Distribution Science
    • /
    • v.15 no.2
    • /
    • pp.53-58
    • /
    • 2017
  • Purpose - The world economy is changing with FTA. Lots of FTAs are going on between countries and economic blocs in the world economy as the battle field of FTA. This study is aims to suggest a practical data about Korea-China FTA by analyzing an economic ripple effect and main issues on Korea-China FTA negotiation. Research design, data, and methodology - This study analyzes the economic impact and major issues expected during the promotion period of Korea-China FTA, and promoted the purpose of this research with literature review and comparative analysis. Result - FTA agreement with China is expected to contribute to Korean economic growth by bringing effectiveness of securing and resolving mutual trade conflict, and one-sided trade protection control of Chinese domestic demand market. The potentiality between United States and Korea is also very important issue. Conclusions - To minimize the adverse effects of FTA and to maximize the positive effects on the logistics industry, the Correspondence strategy is suggested based on the effects of FTA after analyzing the entire situation of the logistics. Especially, this article places emphasis on a close cooperation system between the government agencies to get a good conclusion from the negotiation even if the e-Commerce issue to be a critical point under Korea-China FTA.

Characteristics of the Trade between Korea and China and the Implications for the Korea-China FTA (한.중 무역구조의 특성을 고려한 FTA 체결시 정책적 함의)

  • Lee, Seo-Young;Ahn, Byung-Min
    • International Commerce and Information Review
    • /
    • v.12 no.4
    • /
    • pp.235-253
    • /
    • 2010
  • The export is an important economic growth strategy in South Korea. South Korea is strongly dependant on external trades. Bilateral trade between China and South Korea has been grown rapidly in recent years. The China is now Korea's first-largest trading partner. Thus, the Korea-China Free Trade Agrement (FTA) in South Korea's trade operations is very important. A discussion of Korea-China bilateral FTA commenced in 2004 November. This paper is to recognize the phenomenon of major issued fields in the Korea-China FTA such as a manufacturing, agriculture, customs and seek a negotiation strategy that are summarized as follows. In terms of trade based on manufacturing, it is necessary to divide into a private, general reduction and priority reduction item to recognize whether it is complementary or competitive on the specific industry in the FTA negotiation by using an index regarding supplement and competition of these two countries. In particularly sensitive agricultural field, FTA should be progressed gradually after giving a certain period of time of grace period on the basis of various flexible tariff systems in order to minimize agriculture damage as a result of the rapid growth from import of Chinese agricultural goods.

  • PDF

Consumer Analysis for Increasing Occupancy Rates of Tourism Hotel

  • Gozaly, Jimmy
    • Industrial Engineering and Management Systems
    • /
    • v.16 no.1
    • /
    • pp.103-108
    • /
    • 2017
  • Tourism is a sector that plays an important role in the economic growth of Indonesia. Bandung as the capital of West Java province is known as the city with diverse tourism potential, both in the attractiveness of the city and surrounding natural beauty. DHR is a three stars resort hotel in the city with a strategic location. As a three stars resort hotel, DHR has been experiencing occupancy rate problems, consequently, it cannot often reach the set targets, both during high season and low season. The purpose of this study is to identify the factors of hotel performance that influences consumer staying back decision in the future. Questionnaires have been distributed to hotel guests to gather information regarding their interest and the performance assessment of the hotel services and facilities, and staying back decision in the future. Discriminant Analysis and Hypothesis Testing are used to determine which hotel performance variables will directly affect consumer staying back decision. The result of this study provide marketing strategy that should be implemented by the hotel management in order to increase its occupancy rate.

A Study on Operation Scheme of STS with Emergency Generator for Peak Shedding (첨두부하 저감을 위한 비상발전기 연계형 STS 운영 방안에 관한 연구)

  • Kim, Chang-Hwan;Rhee, Sang-Bong;Kim, Kyu-Ho
    • Proceedings of the KIEE Conference
    • /
    • 2015.07a
    • /
    • pp.155-156
    • /
    • 2015
  • Recently, electricity consumption has rapidly increased along with economic growth. The operating strategy using emergency generator is aimed, to resolve a demand response management. For strategy of peak shedding using emergency generator, it is essential to introduce the fast transfer switching device. One of the most effective solutions is to use a static transfer switch (STS) based on thyristor. However, the characteristic of natural commutated SCR thyristor should anticipate short duration voltage sag. STS system thus requires more than a quarter cycle to successfully complete transfer process. This paper proposes the operation scheme of the STS system using the forced-commutation technique to mitigate instantaneous voltage sag during peak transfer process. Proposed STS system improved turn-off characteristic thus accomplishes the peak load shedding satisfied power quality. Performance of the proposed STS system is evaluated using electromagnetic transient program (EMTP) to confirm the effectiveness.

  • PDF

A Study on the Attracting Strategy of Transshipment Cargo by Competitiveness Analysis between Busan & chinese Port (중국항만과 경쟁력분석을 통한 부산항 환적화물 유치전략 연구)

  • Rim, Il-Kyu;Kim, Myung-Jae;Ahn, Ki-Myung
    • Journal of Korea Port Economic Association
    • /
    • v.26 no.3
    • /
    • pp.175-197
    • /
    • 2010
  • The purpose of this paper is to develop a new strategy from a different angle to become a preferred transshipment hub for sustainable growth. This study would derive new competitive factors through the case study on a global carrier 'A' who shows constant growth in transshipment via Busan and the questionnaire survey was conducted. As to analysis results by matrix, Busan Port needs to strengthen its competitiveness against North China ports due to less local import/export cargo volume and less government support while North China ports continue to be developed with incremental direct calling and government's flexible cabotage rule.

Fiscal Decentralization, Corruption, and Income Inequality: Evidence from Vietnam

  • NGUYEN, Hung Thanh;VO, Thuy Hoang Ngoc;LE, Duc Doan Minh;NGUYEN, Vu Thanh
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.11
    • /
    • pp.529-540
    • /
    • 2020
  • The objective of this research paper is to study the simultaneous relationship between fiscal decentralization, corruption, and income inequality among Vietnamese provinces. We use a balanced panel data set of 63 provinces/cities in Vietnam in the period from 2011 to 2018. The study used 3SLS-GMM (Three Stage Least Squares - Generalized Method of Moments estimator) and GMM-HAC (Generalized Method of Moments - Heteroskedastic and Autocorrelation Consistent estimator). Empirical evidence shows a strong simultaneous relationship: increased corruption will increase regional income disparities, income inequality, and increase fiscal decentralization. In addition, the results also suggest that an increase in per-capita income will reduce the level of corruption, or better control corruption of each province. The degree of increase in income inequality, which reduces fiscal decentralization, is the same for trade liberalization. All demonstrate that there is a simultaneous relationship between fiscal decentralization, corruption, and income inequality. In a region of high public governance quality, fiscal decentralization positively effects its economic growth. This issue will indirectly increase income inequality between provinces within a country. Our findings imply that a country's fiscal decentralization strategy should be linked to improving corruption control and local governance effectiveness, indirectly improving income inequality between localities or regions.

What lessons can China learn from the Japanese prolonged financial slump?

  • Suzuki, Yasushi;Sohrab Uddin, S.M.
    • Journal of Contemporary Eastern Asia
    • /
    • v.10 no.1
    • /
    • pp.55-71
    • /
    • 2011
  • China has been experiencing high economic growth along with massive change in its industrial structure. How will the industrial structure change affect the Chinese economy? Similar changes were observed by Japan, when the Japanese banking system fell into a structural failure in terms of the inability to respond to the paradigm shift from "catching up" to "frontier economy." This paper is undertaken to highlight the lessons that China can learn from Japan's prolonged financial slump. We point out that big cities in China have already shifted to frontier economy and major provinces are on the same trend. We argue that in spite of economic reform reshaping the Chinese banking system, the financing pattern of state owned commercial banks (SOCB) is not in line with the industrial change. The Chinese banking system should be overhauled or transformed to respond to the increasing uncertainty along with the paradigm shift. Otherwise, China may fall into the same dilemma that Japan had faced in its industrial structure change.