• Title/Summary/Keyword: Economic and Political Factors

Search Result 249, Processing Time 0.03 seconds

Russia's Eurasian strategy and Korea-Russia Cooperation - With reference to the economic cooperation of the inter-local governments - (러시아의 유라시아 전략과 한·러 협력 - 지방자치단체 간 경제협력을 중심으로 -)

  • Park, Sangnam
    • Analyses & Alternatives
    • /
    • v.3 no.1
    • /
    • pp.5-28
    • /
    • 2019
  • This study suggests that Korea - Russia economic cooperation, which has been sluggish in the meantime, should be revitalized as a small, medium sized business that can be practiced at the local level of both countries. Some large scales of national projects were difficult to realize due to some internal and external factors. Therefore, if Russia's Far East region of the complementary economic structure with the Korea's Gyeonggi Province of Korea could form the basis of cooperation by centering on SMEs, it further can be positive for promoting cooperation among South Korea, North Korea and Russia. The trilateral cooperation among two Koreas and Russia is necessary for the balance of political and economic powers in the East Asia. China's retaliation case regarding THAAD (Terminal High Altitude Area Defense) clearly showed that the greater the economic dependence on a particular country, the more threatening it could be. Therefore, it is important for the political and economic security to keep the balance by diversifying economic cooperation counterparts. As China's influence in the global economy grows, building value chains for mutual prosperity with various neighboring countries is gaining great importance. To this end, this paper examined Russia's Eurasian Strategy, New East Policy, and Far East Development Policy which were designed to seek the way to establish Russia's independent economic zone not absorbed by Europe and China.

  • PDF

The Potential and Efficiency of Aquatic Product Trade between China and South Korea

  • Le Cao
    • Journal of Korea Trade
    • /
    • v.27 no.2
    • /
    • pp.47-60
    • /
    • 2023
  • Purpose - This paper assesses the trade potential and efficiency of Korea and China in the aquatic products trade. Trade efficiency and potential are the main factors that affect the growth of a country's trade. In this study, a time-varying stochastic frontier trade gravity model was constructed to analyze the trade potential and efficiency between Korea and China. By integrating the results of trade theory and empirical analysis, measures and suggestions were proposed to encourage the release of trade potential of fish exports between Korea and China. Design/methodology - In this paper, GDP per capita instead of economic size was chosen as an explanatory variable, and population size and relative distance were selected as explanatory variables to measure trade potential. For trade non-efficiency terms, regional organizations, political factors, and economic factors were mainly considered, and variables such as free trade agreements, political stability, regulatory quality, government efficiency, currency freedom, investment freedom, financial freedom, and trade freedom were selected. Panel data for South Korea and 14 aquatic products trading partners (including China) from 2002 to 2020 were used in the empirical analysis. Findings - In the past 19 years, South Korea's export trade potential of aquatic products to China has never been lower than 70%. It was above 90% from 2006 to 2018, and has been at a high level for a long time. This shows that China's aquatic product market has large potential for development. Originality/value - This study examines the effectiveness and potential of South Korea's exports of aquatic items to China in a methodical and comprehensive empirical manner. The evaluation of the export trade potential of South Korea's aquatic goods to China is more precise when the effects of regional organization, political, and economic variables are taken into account in the trade non-efficiency term of the stochastic frontier gravity model. At the same time, we propose to increase the scale of South Korea's aquatic products trade from the perspective of China's demand. This issue of trade studies is underexplored both empirically and in theory, although the issue has long been important to Korean and world trade.

Political Rationality of Natural Resources Policy - Analysis of Residents Gratification - (자연자원정책의 정치적 합리성에 관한 연구 : 주민 만족도를 적용하여)

  • Park Yong-Gil
    • Journal of Environmental Science International
    • /
    • v.13 no.10
    • /
    • pp.855-861
    • /
    • 2004
  • This study analysed the influencing factors involved in deciding the policy through the analysis of procedure in the policy on the natural resources in local governments. To evaluate the political consensus of decision making in policy determination as political rationality in natural resources policy, we analyzed the degree of the satisfaction from the residents. Among the analysis factors of the satisfaction of natural resources policy, the most significant independent factors were the goal and the method of the policy, the institutional conditions and interested groups, the appropriateness of the content of decision making, supervising and controlling, cooperating relations, the effect of policy, and the consistency. From the analysis of the effect and the goal of policy, we found $70.5\%$ of residents was against the policy and only $27.8\%$ consented. Considering the appropriateness of supervising and controlling in accordance with the process of the policy decision and its execution, the influence of local governments and institutions concerned enjoying comparatively more economic benefits was strong, however, the involvement of the residents and supervising and monitoring institutions were found negligible.

Impact of Country Risks in Countries along the 'One Belt and One Road' on China's Overseas Direct Investment ('일대일로' 연선국가의 국가 리스크가 중국 해외직접투자에 미치는 영향)

  • Choong Bae Lee;Jong Chul Lee;Yongqiang, Xu
    • Korea Trade Review
    • /
    • v.46 no.3
    • /
    • pp.119-133
    • /
    • 2021
  • After 'Zhou Chuchu (走出去, Go global)' in the early 2000s, and with the 'One-to-One Road' initiative in 2012, China's Overseas Foreign Direct Investment (OFDI) has increased significantly, resulting in high academic interest. The purpose of this study is to analyze the impact of national risks of home country on China's OFDI by using data from 49 countries along the 'One-to-One Road' between 2007 and 2018, and to compare the factors of national risks that attract investment from the world. As a result of the study, market economy companies' perceptions of national risks are mostly negative, so risk acts as a deterrent to investment. On the other hand, national risks of home countries have had positive effects on China's OFDI, which would mean that Chinese investors, mostly state-owned enterprises have a high tendency to invest in regions or countries with high national risks. Other economic factors, such as the size of the investment partner country's market, GNI per capita, and trade openness, had a positive (+) effect, and natural resources had a negative (-) effect on China's OFDI. As dummy variables, FTA, which is an economic and diplomatic factor, SCO, which is a political and diplomatic factor, and bordering which is a geographical factor, were also found to have a positive (+) effect. This study implies the investment pattern of China's OFDI is due to the characteristics of China's unique geopolitical and economic system, and it is judged to be influenced by political and strategic factors, especially the aspects led by state-owned enterprises.

Critical Approach to Community-Based Health Program: A Case of Paraguay Dengue Prevention Program (지역주민참여 보건프로그램에 대한 비판적 접근: 파라과이 뎅기열 예방 프로그램 '밍가 암비엔탈'의 사례)

  • Gu, Gyoung-Mo
    • Iberoamérica
    • /
    • v.21 no.2
    • /
    • pp.1-23
    • /
    • 2019
  • This study analyzes how the health program is implemented by political and economic factors in the case of Minga Ambiental program in Paraguay. In the field of critical medical anthropology, the practice of health care programs explains that socio-cultural and political and economic factors can be the main variables besides the primary purpose of preventing and eradicating the disease. In the same vein, this study also analyzed how community-based health programs operate by various external factors. As a result, the Minga Ambiental program is a health program called Dengue Fever, which has been tended to be sustained and expanded by various actors, including politicians and corporations in countries and communities, despite concerns about effectiveness. In this case, this study found that health programs can be operated by political and economic relations different from their original purpose, and are intertwined in various social contexts by various actors in constructing health programs.

The Political Economic Analysis of the Siberian Pipeline Construction (시베리아 송유관 건설의 정치경제학적 고찰)

  • Lee, Chai-Mun
    • Journal of the Korean association of regional geographers
    • /
    • v.10 no.1
    • /
    • pp.110-131
    • /
    • 2004
  • The goal of the study is to analyze aggressive attempts of China and Japan to construct the Siberia oil pipeline in a direction to its advantage from the political economic perspective. The pipeline is to affect significantly energy Policies in the Northeast Asia in the future. First this Paper reviews the ongoing Processes of the Pipeline construction thus far. Next, domestic and foreign factors in Russia which are related to the laying of the pipeline, were taken into consideration. Applicability of the mercantilist and liberalist approaches to the energy supply of Russia were examined in the situation. As a result, the dualistic approach in energy supply was found to be limited in its real applicabilities and the political economic approach proved to be more suitable in that Russia currently seeks economic security in Northeast Asia. Finally the implications of the Siberia oil pipeline construction were suggested for the current energy situation in Korea.

  • PDF

The Determinants of Participation in the Candlelight Protest for the impeachment of Park Geun-hye from 2016 to 2017 (2016년-2017년 박근혜 퇴진 촛불집회 참여의 결정요인)

  • Do, Myo Yuen
    • Korean Journal of Legislative Studies
    • /
    • v.23 no.2
    • /
    • pp.109-146
    • /
    • 2017
  • The purpose of this study is to analyze the determinants of participating in the candlelight protest for the impeachment of Park Geun-hye from 2016 to 2017. In particular, it revealed the effects of social economic factors, emotional factors, political orientation, and political attitudes and behaviors in participation of candlelight protests. To this end, the survey was conducted for candlelight participants and non-participants. The results of the study confirmed the effects of gender, ideology, political party, anger, dissatisfaction with the presidential performance, non voting activities, TV and newspaper use, and political association activities.

A Study on Policy Making Process of the National Basic Livelihood Institution : Focused on Enactment of National Basic Livelihood Act (국민기초생활보장법 제정과정에 관한 연구)

  • Park, Yoon-Young
    • Korean Journal of Social Welfare
    • /
    • v.49
    • /
    • pp.264-295
    • /
    • 2002
  • This study aims to identify the enactment factors of the National Basic Livelihood Institution in context of policy making process by using Kingdon's policy Stream Model. The findings of this study can be summarized as follows. First, an economic crisis has worsened social problems, and the president Kim Dae-jung recognized these problems as serious and worried about social confusion and polarization. Second, NGOs as like People's Solidarity for Participatory Democracy put efforts into enacting the Act. Also, the president Kim's government faced a series of political crisis and needed political solution including foundation of a new party, which considered social welfare most important. Third, the PSPD designed the Act. But the alternatives of related government ministries were not selected. In conclusion, the National Basic Livelihood Institution was enacted by the combination of these three factors stream. Especially the political stream was strongest.

  • PDF

Institutional Strategy of Palm Oil Independent Smallholders: A Case Study in Indonesia

  • ANWAR, Khairul;TAMPUBOLON, Dahlan;HANDOKO, Tito
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.4
    • /
    • pp.529-538
    • /
    • 2021
  • This article aims to describe the institutional structuring strategy of independent smallholders in accelerating sustainable economic development, by taking the example of the cow-coconut integration system (SISKA) problem in Sialang Palas Village, Riau. The method used identified stakeholders related to SISKA; the stakeholder's goals and interests, farmers' social and institutional bases, and self-help farmer socio-economic networks. First, identification of various factors through strengths, weaknesses, opportunities, and threats (SWOT) analysis techniques. Second, through the Modern Political Economy analysis technique. Third, imparting knowledge and skills to the farmers and village officials through a collective learning process in utilizing natural resource waste and social resources. The results showed that the farmer management strategy in the reform era started by clustering the interests of farmers. The dynamics of structuring group relations between the chairman and members with farmers outside the group are the basis for strengthening the local ideology of independence in the future. This institutional structuring strategy that focuses on access to farm power in the village decision-making process encourages a more integrated work of farmer organizations. The analysis above shows that the independent smallholder institutional engineering through regulation, organization, and resources are determined by the farmer household economic factors and the application of the value of local wisdom.

Investing for the Future: A Comprehensive Study of the Southeast Asian Construction Markets

  • Chun, Hwikyung;Yoo, Jinhyuk;Chi, Seokho;Cha, Heesung
    • International conference on construction engineering and project management
    • /
    • 2015.10a
    • /
    • pp.459-462
    • /
    • 2015
  • Korean construction industry made a huge growth over several decades. However, domestic construction market has shrunk in recent years due to the domestic political environments and global economic crisis. Today, the international construction markets become more important to be investigated, and demands for international construction study have risen. The purpose of this study is to search for measures to compare the potential of Southeast Asian countries' construction markets and select strategic target countries where the Korean construction companies pursue to explore for future investments. The research team investigated a range of selection factors which can represent the construction market condition of each country. These factors included the size of the construction industry, economic growth potential, current relationship with Korea, the level of infrastructure development, political situation, etc. After collecting data, each selection factor was scored by experts' analyses and the total score was given to each country. As a result, the rating identified attractive countries for future investments: Myanmar, Vietnam, and Sri Lanka. For the target countries, analytical methods were used for in-depth market analysis that can provide comprehensive insight and strategic clue for development of short-/mid-/long-term roadmap and action plans. The research findings would be used to support rational decision making of construction investment advancing to the Southeast Asian economic growth.

  • PDF