• The Journal of Asian Finance, Economics and Business
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• 제9권3호
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• pp.229-234
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• 2022

The study aims to investigate whether Musharakah management has an impact on Chinese and Malaysian business partnerships. To estimate the relationship between Musharakah and the Sino-Malaysian partnership, this study uses a panel econometric technique namely pooled ordinary least squares. Ordinary Least Squares regression (OLS) is a common technique for estimating coefficients of linear regression equations which describe the relationship between one or more independent quantitative variables and a dependent variable. Data was retrieved from the annual reports (from 2009 to 2019) of non-financial firms listed on the stock exchange of China and Malaysia. Four partnership measures (i.e., Musharakah, Mudarabah, Tawuruq, and Kafalah) were used to estimate the impact of Musharakah on the Sino-Malaysian partnership. Empirical results reveal that Musharakah and Mudarabah are positively related to Kafalah but the relationship is statistically insignificant. Alternatively, Musharakah is positively and significantly related to Mudarabah. Musharakah and Mudarabah have a positive but insignificant relationship. The findings of this study suggest that management of partnership has a positive impact on firm partnership. Furthermore, it supports the hypothesis that improving partnership enhances Musharakah, which has a positive impact on the firm's partnership.

• East Asian Economic Review
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• 제18권2호
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• pp.163-186
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• 2014

This paper argues that the formation of regional integration frameworks can be best understood as a dominant state's attempt to create a preferred regional framework in which it can exercise exclusive influence. In this context, it is important to observe not only which countries are included in a regional framework, but also which countries are excluded from it. For example, the distinct feature of the Trans-Pacific Partnership (TPP) is its exclusion of China, and that of the Regional Comprehensive Economic Partnership (RCEP) is its exclusion of the United States (US). An exclusion of a particular country does not mean that the excluded country will perpetually remain outside the framework. In fact, TPP may someday include China, resulting from a policy of the US "engaging" or "socializing" China rather than "balancing" against it. However, the first step of such a policy is to establish a regional framework from which the target country of engagement is excluded.

• East Asian Economic Review
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• 제25권3호
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• pp.233-272
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• 2021

The Regional Comprehensive Economic Partnership (RCEP) agreement, signed in November 2020, comes shortly after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) entered into force and the US-China Trade War escalated. We use a computable general equilibrium model to assess the long-term effects of these three developments on income, trade, economic structure, factor returns and employment across the world, and especially in Asia-Pacific countries. The results suggest that RCEP could generate income gains that will be almost twice as large as those of the CPTPP, and that the two agreements together will largely offset the substantial negative effects of the US-China Trade War for the world as a whole. All three policy developments, but especially RCEP, will deepen East Asian production networks and will raise productivity and increase wages and employment in much of East Asia. At the sectoral level, regional trade in non-durable and durable manufactures will experience the most growth.

• International Journal of Computer Science & Network Security
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• 제22권9호
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• pp.83-88
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• 2022

The main purpose of the study is to determine the key aspects of the public-private partnership system in the context of the economic development of the state. At first glance, the mutually exclusive interests of the state and business do not contribute to the development of common and agreed development goals. At the same time, ignoring the versatility of interests and the aggravation of the discussion regarding the two sides under consideration, the study of the theoretical foundations of the interaction between the public and private sectors of the economy allows us to draw the following conclusion: world economic theory from classical political economy to new institutionalism has a clear structured position on the ancient historical depth of existence of the form of partnerships Based on the results of the study, the main elements of the public-private partnership system in the context of the economic development of the state were identified.

• East Asian Economic Review
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• 제17권4호
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• pp.333-359
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• 2013

Two mega-regional negotiations are changing the landscape of Asia Pacific trade policy: an Asian track centered on ASEAN (the Regional Comprehensive Economic Partnership or RCEP), and a Trans-Pacific track centered on the Trans-Pacific Partnership (TPP) among 12 economies, including the United States, which Korea is expected to join. Modeling results suggest that both would generate substantial benefits for Korea and the global economy. From Korea's viewpoint, the agreements would establish new FTAs with China, Japan and smaller economies, improve the utilization of FTAs by permitting the regional cumulation of inputs, and help to upgrade some Korean FTAs to more rigorous standards. By participating in these agreements, Korea could also help to guide them toward inclusive, high-quality regional outcomes. As one of the region's most open and agile economies, Korea has a large stake in regional integration and would be well advised to pursue both tracks.

• Ocean and Polar Research
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• 제45권1호
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• pp.23-31
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• 2023

The core of the foreign policy of the Yoon Suk-yeol government is the promotion of active economic and security diplomacy as indicated in Policy Tasks No. 98. To this end, economic consultative bodies such as Regional Comprehensive Economic Partnership Agreement(RCEP), Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and Indo-Pacific Economic Framework (IPEF) are taking the initiative to respond to the formation of supply chain, human rights, environment, and digital-related norms, and actively support Korean companies' overseas expansion. Due to the nature of the Ministry of Oceans and Fisheries (MOF) as an organization established centered on the space of the ocean, the MOF faces difficulties in bringing the functions of other ministries into the space of the ocean. Considering the vision, objectives, and detailed plans of the MOF, the contribution of the MOF in the field of active economic security, one of the main foreign policies of the Yoon Suk-yeol government, is perhaps too obvious. However, since the re-launch of the MOF, the ODA budget for the oceans and fisheries sector is too small compared to other ministries, so even if new policy demands are discovered, there are many difficulties in implementing these policies in practice. Recognizing these problems, this paper examines the background and contents of foreign policies that have been promoted for the efficient promotion of RCEP, CPTPP and IPEF and introduces the areas of cooperation in the oceans and fisheries sector in these foreign policies.

• 한국경제지리학회지
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• 제17권3호
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• pp.567-584
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• 2014

이 글은 김영삼 정권하의 노동정치의 성격과 그 변화과정을 체계적으로 분석한다. 분석의 결과는 'IMF 경제위기'를 계기로 노동정치는 '갈등적 다원주의'에서 '사회적 합의주의'로 전환되었으며, 그 전환은 경제위기에 의해 촉발되었고, 변동의 방향은 정권적 차원의 제도적 맥락과 사회연합의 역학에 의해 규정되었음을 보여준다. 이 분석 결과가 함의하는 바는 경제위기나 국제적 압력이 노동정치의 변화 양상 및 방향을 규정짓는 변수가 아니고, 사회연합의 역학적 구도와 내용이 행위자들에게 새로운 인식과 전략적 선택을 강요하며, 이는 행위자들의 상호작용을 통해 최종적으로 노동정치의 변동을 낳는다는 점이다.

• 한국경제지리학회지
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• 제17권4호
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• pp.864-875
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• 2014

이 논문의 목적은 영국의 마을단위 계획인 근린생활권 계획 수립 정책을 공동체 파트너십 특성을 중심으로 살펴보는 데 있다. 영국 근린생활권 계획에서 공적 파트너십의 특징은 공동체가 계획 수립 전 과정에 걸쳐서 참여하고 있다는 점이다. 또한 이를 법적으로 의무화시키면서 공동체 참여를 유도하고 있다. 또한 근린생활권 계획 수립과정에서 주민투표 제도를 도입해서 최다수의 선택이 최선의 방법임을 강조하고 있다. 이는 제도적 차원에서 공동체를 가장 적극적으로 참여시키는 방안이다. 영국 사례가 남긴 중요한 사실은 지역 공동체 발전에 있어서 경제적 교리를 초월하여 사회경제로의 진화를 강조하고 있으며, 그리고 이러한 사회경제로의 진화는 보다 포괄적인 시각에서 공동체 파트너십과 깊은 관련이 있다는 것이다.

• 국제지역연구
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• 제13권3호
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• pp.803-825
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• 2009

우리나라의 경직적 노사관계나 전투적인 노동조합, 글로벌 스탠다드에서 벗어난 노사관계 법제도나 관행 등이 외국인 투자에 걸림돌이 된다는 지적이 적지 않게 존재한다. 이러한 지적은 IMF 경제위기 직후 우리나라 경제가 외국인 투자에 목말라하던 당시에도 이미 제기되었던 문제이기도 하다. 그러나 그 이후 노사관계에 있어서의 의미있는 제도적 개선은 답보상태를 보였으며 새로운 경제위기 국면에서도 여전히 외국인투자의 장애요인으로 지적되고 있다. 이러한 상황에서 사회협약을 통해 노사관계의 안정을 도모하고 이를 통해 외국인 직접투자를 활성화함으로써 괄목할만한 경제적 성장을 실현한 아일랜드의 사례는 우리에게 매우 중요한 시사점을 제공한다. 본 연구는 아일랜드가 경제발전에 중요한 역할을 했던 외국인 직접투자를 성공적으로 유치할 수 있었던 요인들을 전반적으로 검토하는 한편 중요한 성공요인의 하나로 간주되는 사회협약의 형성배경과 특징, 그리고 성과를 검토함으로써 향후 우리나라에서 외국인 투자가 활성화될 수 있는 환경을 조성하기 위한 중요한 정책적 시사점을 도출하는 것을 중요한 연구목적으로 하고 있다.

• East Asian Economic Review
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• 제26권1호
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• pp.3-25
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• 2022

East Asia's Regional Comprehensive Economic Partnership (RCEP) came into force in 2022 as the world's largest free trade agreement. RCEP was concluded, signed and brought into force in the face of major international uncertainty and is a significant boost to the global trading system. RCEP brings Australia, China, Japan, South Korea and New Zealand into the same agreement with the ten member ASEAN group at its centre. It keeps markets open and updates trade and investment rules in East Asia, a major centre of global economic activity, at a time of rising protectionism when the WTO itself is under threat. The agreement builds on ASEAN's free trade agreements and strengthens ASEAN centrality. One of the pillars of RCEP is an economic cooperation agenda which has its antecedents in ASEAN's approach to bringing along its least developed members and builds on the experience of capacity building in APEC and technical cooperation under the ASEAN Australia-New Zealand Free Trade Agreement. There is an opportunity to create a framework that facilitates deeper economic cooperation that involves experience-sharing, extending RCEP's rules and membership at the same time as strengthening political cooperation. The paper suggests some areas that might be best suited to cooperation - that is confidence and trust building instead of or before negotiation - and discusses how non-members may be engaged and the membership expanded. Options such as multilateralising provisions and becoming a platform for policy convergence and coordinating unilateral reforms are canvassed.