• Title/Summary/Keyword: Economic Growth Strategy

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An Analysis on Inland Transport Network of Marine Cargo between Korea and China ; Focused on Eastern Coastal Ports in China (한중간 해상화물의 내륙 운송 네트워크 분석(중국 동부연안지역 항만을 중심으로))

  • Lee, Yoon-Mi;Yoo, Jae-Kyun;Han, Ji-Younng
    • Proceedings of the KSR Conference
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    • 2010.06a
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    • pp.1589-1595
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    • 2010
  • China has experienced rapid economic growth and burgeoning trade since it began economic reforms and an opening policy. With this the amount of marine cargoes between Korea and China had been increased Recently this increasing rate of cargoes, the development of the Yellow Sea Sub-Region and the change of the Northeast Asian logistics network have acted as important factors of Korea's strategy to be the Northeast Asian logistics hub. This paper analyzes China's inland transport network to offer basic understanding on transport and logistics network in China. Therefore, the outcomes of this paper could be used as basic materials to further transport and logistics cooperation between China and Korea and to developing a more realistic plan to complete Korea's Northeast Asia logistics hub strategy.

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Comparative Advantages and Disadvantages of Five Northeast Asian Cities

  • Hahn, Yeong-Joo
    • Journal of the Korean Regional Science Association
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    • v.15 no.2
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    • pp.117-130
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    • 1999
  • Northeast Asia's burgeoning mage- cities have an extraordinarily economic vitality. While national statistics disguies how economic activity is concentrated, much of the region's robust growth of recent decades has centered around large cities, such as Tokyo, Seoul, Beijing, Shaghia, Hongkong. These cities are also at the heart of the Northeast Asia's emerging reional economy. This paper aims to compare the advantages and disad- vantages of these selected Northeast Asia cities in various categories of urban competitiveness and cooperation. Above all, the paper compares the individual cities with one another, and analyzes relations and linkages among them. Then, strengths that can be reinforced and weakness that can be overcome are identified for each city. Finally, an urban development strategy for Seoul in the context development strategy for Seoul in the context of Northeast Asian cities is provided : I) Seoul should strive to be an effective regional capital of Northeast Asia ; ii) Seoul should be a focal point for the intermingling of Chinese, Japanese and Western cultures.

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Reduced Impact of Export on Korea's Economic Growth - Export Multiplier Approach (한국경제의 성장둔화와 수출승수)

  • Oh, Jong-seok;Hong, Sungwook;Kang, Duyong
    • 사회경제평론
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    • v.31 no.2
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    • pp.1-38
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    • 2018
  • In this study we attempt to quantify the export multiplier to definitively show how exports have undergirded the Korean economy and doing so we will describe how the export multiplier effect has diminished since the global financial crisis in 2008. We also argue that a trend of disinclination in the marginal propensity to consume, one of the determinants of the multiplier, has played an important role in its contraction. In this new, alien economic environment, the kinds of policies that once buttressed the export-led growth strategy of the halcyon days require immediate revision. More policies should implemented that bolster domestic demand, especially consumption, rather than continuing efforts to facilitate supply side-based growth through export-friendly policies.

The Effects of Environmental Improvement on Economic Growth (경제성장에 따른 환경개선 효과 실증분석)

  • Gahyeong Hur
    • Environmental and Resource Economics Review
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    • v.31 no.4
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    • pp.887-908
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    • 2022
  • In order to confirm the effects of economic growth and environmental improvement, this study analyzed the existence of environmental Kuznets curve (EKC) for SO2 emission, greenhouse gas emission, and waste generation in OECD countries. As a result of panel analysis, the shape of the EKC were different depending on environmental pollutants. SO2 generated peaks relatively early in economic growth, and the peak of greenhouse gas emissions was showed in higher income level. But both emissions showed the a complete inverted U-shaped curve decreasing after the peak. On the other hand, for waste, there was no environmental Kuznets curve that could confirm the peak. Therefore, this study confirmed that it is difficult to expect a voluntary reduction in all environmental pollutants, and additional global joint efforts are needed to pass the peak. In particular, since waste has a greater impact on population density and industrial structure than income level, additional policy efforts are needed to reduce generation and create a resource circulation system.

An Economic Role of Union of Kansai Governments in Glocalization Age (글로칼시대의 해외지역 경제발전 연구 - 일본 간사이 광역경제권 사례를 중심으로 -)

  • Kim, Byoung-Ki;Ryu, Geun-Woo;Park, Sung-Ho
    • International Commerce and Information Review
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    • v.16 no.3
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    • pp.275-304
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    • 2014
  • Due to the rapid progress of globalization, fierce international competition, a declining population, low birth rate and aging population, deficit in a difficult situation at home and abroad, Japan's local governments expand internal and external alliances and partnerships to maximize the economic benefits to the region seeking to enable in the region have efficient allocation of human and material resources through industry support, funding, and administrative efficiency for the purpose of speeding up the formation of a mega regional economies. Union of Kansai Government implements, especially in the wide area of industrial clusters, economic policy need to comprehensive planning and growth strategy such as adjusting the growth strategy attempts to promote the local economy and to enable investment planning and coordination within the current mega regions, These roles are further improving and upgrading their importance of mega regional phase in Japan's regional economic policy.

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Feasibility Evaluation & Strategy of Replacement of Power Generation Fuel by Using Bio-diesel (바이오 디젤의 발전용 연료화 타당성 평가)

  • Hur, Kwang-Beom;Park, Jung-Keuk;Rhim, Sang-Gyu;Lee, Jung-Bin
    • 한국신재생에너지학회:학술대회논문집
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    • 2009.06a
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    • pp.806-812
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    • 2009
  • Availability of reliable and affordable energy supply is a prerequisite for economic growth. Renewables are the third largest contributor to global electricity production after coal and natural gas and account for a share of 18%. Power generating capacity from renewables has increased to around 900GW by the year 2007. Today biodiesel fuels have been in commercial use in many countries and recently the world-wide biodiesel market has experienced considerable growth, which is partly due to various tax concession programs and other financial incentives. In Korea, biodiesel has already been used for transportation fuel, but not used for power generation fuel yet. Korean government has a strategy for renewable energy propagation, especially the goal of power generation amount by renewable energy is 3% of total power production by 2012. This paper focuses on the feasibility study for adaptability and strategy of using biodiesel as power generation fuel. The study also has the plan to replace the fuel of thermal power plant, gas turbine and distributed power system. As the increase of biodiesel fuel, I look forward to environment-friendly power generation and the strategy of Renewable Portfolio Standards(RPS).

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Feasibility Evaluation & Strategy of Replacement of Power Generation Fuel by Using Bio-diesel (바이오 디젤의 발전용 연료화 타당성 및 추진전략)

  • Hur, Kwang-Beom;Park, Jung-Keuk;Rhim, Sang-Gyu;Kim, Sung-Chul
    • New & Renewable Energy
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    • v.5 no.1
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    • pp.32-39
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    • 2009
  • Availability of reliable and affordable energy supply is a prerequisite for economic growth. Renewables are the third largest contributor to global electricity production after coal and natural gas and account for a share of 18%. Power generating capacity from renewables has increased to around 900GW by the year 2007. Today biodiesel fuels have been in commercial use in many countries and recently the world-wide biodiesel market has experienced considerable growth, which is partly due to various tax concession programs and other financial incentives. In Korea, biodiesel has already been used for transportation fuel, but not used for power generation fuel yet Korean government has a strategy for renewable energy propagation, especially the goal of power generation amount by renewable energy is 3% of total power production by 2012. This paper focuses on the feasibility study for adaptability and strategy of using biodiesel as power generation fuel. The study also has the plan to replace the fuel of thermal power plant, gas turbine and distributed power system. As the increase of biodiesel fuel, I look forward to environment-friendly power generation and the strategy of Renewable Portfolio Standards(RPS).

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'Green Growth' and the Possible Contribution of Geomorphologic Studies ('녹색성장'과 지형학적 연구의 기여)

  • Kim, Jong-Yeon
    • Journal of the Korean Geographical Society
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    • v.45 no.1
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    • pp.75-94
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    • 2010
  • 'Green growth' is the development strategy for the sustainable society through the harmony between the environment and economy. The 'green growth' was defined and accepted by UNESCAP and countries in Asia-Pacific region. OECD also accepted it as their new development policy. 'Green New Deal' was also proposed as a new social/economic policy to response three global crisis: environmental, resources and economic. Social and environmental sustainability are the most important principles of this policy. In Korea, however, the 'green growth' is redefined and used by the government and politicians as an economic policy to support the new technology on energy efficiency and renewable energy. In here, the definitions of green growth in the world and in Korea are analysed and compared, and new term is proposed. Green growth is the development policy to response environmental crisis (ie. climate changes) to transform the society to environmentally and socially sustainable one. The possible contribution of geomorphologic researches to green growth was also proposed.

A Study on Improving Ubiquitous Strategy Planning for Local Governments (지자체 U-도시계획 수립방법 개선에 관한 연구)

  • Kim, Myong-Dong;Park, Kwang-Ho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.36 no.4
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    • pp.45-58
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    • 2013
  • Korean local governments have been planning for u-City construction with great efforts. Such efforts are needed in order to reflect the urban characteristics of each city, to promote local economic growth, and to have a sustainable operation model. Thus it is critical at an earlier stage to set a strategic direction based on urban environment analysis, which will lead to a feasible implementation of u-City. This paper derives issues and suggests improvement methods based on a case study on the USPs (u-City Strategy Planning's) of ten local governments. It is expected that the improvement methods will greatly reduce risks involved in u-City construction and contribute to better provided local-specific u-services.

A Comparison of Housing Welfare Policies among Major Asian Countries in the Modern Era

  • Chiu, Rebecca L.H.
    • Land and Housing Review
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    • v.4 no.1
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    • pp.23-31
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    • 2013
  • The regional economic crises in the late 1990s and the global economic crisis in the late 2000s had reduced the differences in housing policies among the major Asian economies. This paper attempts to explain and compare housing welfare policy shifts between subsidizing home owning and subsidized renting from the perspectives of the economic and social roles of housing, the lock-in effect of policy processes, and the welfare provision strategy of the East Asian economies. It argues that the impact of economic crises on housing welfare policy in East Asia depended on the duration and the intensity of the crisis and the length and severity of the subsequent economic depression. Another important factor was the role of housing in the economic and social development, especially whether housing market development was considered as an engine of economic growth or revival, and whether the tools of housing policy caused the economic crisis. The loss of impetus for home ownership drive and the new emphasis on rental subsidy provision are new policy trends. Nonetheless, the economic revival since mid-2009 has caused the re-introduction of home ownership subsidies for quenching the housing affordability problems and enhancing home ownership making use of the strong economic conditions.