• Title/Summary/Keyword: Economic crises

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A Study on Analysis and Enhancement Strategy of South Korea's Defense Industry Exports Amidst Global Geopolitical Crisis (세계 지정학적 위기 속에서 한국의 방산수출 분석 및 강화 전략 연구)

  • Dongbum Kim;Youngsam Yoon
    • Convergence Security Journal
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    • v.24 no.2
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    • pp.181-188
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    • 2024
  • Amid global geopolitical crises that are heightening tensions worldwide, the importance of national security is being reevaluated. Consequently, South Korea is gaining attention in the global defense market due to its superior technology, competitive pricing, and rapid delivery capabilities. The increasing international demand for defense materials offers opportunities for the development of the domestic defense industry and has the potential to lead to long-term defense strategies and an expansion of exports. In particular, the development of future advanced weapons systems and the expansion of defense exports are likely to be possible through a deep understanding of the international political and economic situation and proactive defense diplomacy. This study analyzes the impact of current global geopolitical crises on Korea's defense industry and presents effective strategies based on these findings, including innovative improvements to defense acquisition systems and the discovery of overseas defense cooperation partners to strengthen defense exports. This strategic approach aims to balance domestic consumption with exports, enhance military strength, and improve the country's standing in the international community. Therefore, efforts are needed to ensure the sustainable growth of the defense industry, enabling South Korea to achieve economies of scale and play a pivotal role in the global defense industry.

Technical feasibility study for power generation from a potential mini hydro site nearby Shoolini University

  • Pundir, Anil;Kumar, Anil
    • Advances in Energy Research
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    • v.2 no.2
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    • pp.85-95
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    • 2014
  • Small Hydro-Power (SHP) is an environmental friendly technology. Usually hydro power generation projects are viewed as constructing large dams and reservoirs but available new research and engineering techniques have helped hydro power generation without large dams and without large reservoirs. In India, there are several water installations, irrigation dams, canals, streams or running rivers not tapped to generate power. In these cases the existing system and facilities can help in generating power with less investment and time. This area is yet unexplored. Harnessing a stream for hydroelectric power is a major undertaking for the energy crises and the global issues to go green. In this technical note a potential site for mini hydro power plant nearby Shoolini University is identified and examined for the economic feasibility.

Early nutrition and adult health: Perspectives for international and community nutrition programs and policies

  • Hoffman, Daniel J.
    • Nutrition Research and Practice
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    • v.4 no.6
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    • pp.449-454
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    • 2010
  • Recent economic changes throughout the world, either development or crises and recessions, have prompted a host of nutrition related problems, including a decreased prevalence of undernutrition, an increase in the prevalence of diet related diseases, widespread food insecurity as crop prices increase, and so on. In addition, evidence is mounting that suggests that exposure to poor nutrition early in life is a predisposing factor for chronic diseases in adulthood. Thus, the role of international or community nutrition professionals is vital to not only studying and understanding the interplay between economics, food policy, and health, but also to improving the ability to intervene and prevent many problems related to food insecurity in developed and developing countries. The purpose of this review is to outline and describe these issues as a means to open discussion on how to best alleviate major nutrition problems in the world.

Interpreting the Korean Crisis of 2008

  • Kim, Ginil
    • 사회경제평론
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    • no.38
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    • pp.241-259
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    • 2012
  • This paper reviews four different kinds of currency crisis models proposed to explain the Korean crisis of 1997 to examine which model is more relevant to explain the Korean crisis of 2008. According to the author's investigation, the 'Frenkel-Neftci' cycle is more relevant model to interpret the Korean crisis of 2008. In 2008, spreads opened due to, first, high interest rate policy by the Korean government aimed to suppress real estate price increase, and, second, the expectation about exchange rate appreciation, and thirdly stock market returns after recovering the crisis. Then the international capital market catastrophe due to the subprime crises produced the sudden change of expectation of the market participants. Huge capital outflows resulted from the credit crunch in the international capital markets, and the possibility of exchange rate depreciation by the Korean government to promote exports in the course of the global recession.

Who's Hit Hardest? The Persistence of the Employment Shock by the COVID-19 Crisis

  • HAN, JOSEPH
    • KDI Journal of Economic Policy
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    • v.43 no.2
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    • pp.23-51
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    • 2021
  • The persistence of the employment shock by COVID-19 has various policy implications during the pandemic and beyond it. After evaluating the impact of the health crisis at the individual level, this study decomposes employment losses into persistent and transitory components using the observed timing of the three major outbreaks and subsequent lulls. The estimation results show that while face-to-face services were undoubtedly hit hard by the COVID-19 crisis, the sectoral shock was less persistent for temporary jobs and self-employment. Permanent jobs in the hard-hit sector showed increasingly large persistent losses through the recurring crises, indicating gradual changes in employer responses. The persistent job losses were concentrated on young and older workers in career transitions, whose losses are likely to have long-term effects. These results suggest that targeted measures to mitigate the persistent effects of the employment shock should take priority during the recovery process.

Expectations for the New Government's Policy Innovation (새정부 보건의료정책 개선을 기대한다)

  • Lee, Sun-Hee
    • Health Policy and Management
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    • v.32 no.2
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    • pp.123-124
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    • 2022
  • With the inauguration of a new government, expectations for policy changes are also rising. In the hope that this will serve as an opportunity to improve health care policy, I would like to outline the principles strategies. First, considering the growing socioeconomic impact of the health care sector, the government's policy priorities should be notably increased compared to the past. Second, policy improvement measures based on evidence should be sought instead of dwelling on presidential pledges. While easing regulations, we should improve the quality of regulatory approaches. Therefore, it is a time when efforts are needed to strengthen the stability of policies in response to economic crises.

Cultural Landscape of Korea, Its Entity, Changes and Values Evaluation from New Paradigm (한국의 문화경관, 그 실체, 변화와 새로운 패러다임에 의한 가치 평가)

  • Lee, Chang-Seok;Yu, Yeong-Han
    • The Korean Journal of Ecology
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    • v.24 no.5
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    • pp.323-332
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    • 2001
  • A cultural landscape results from a combination of human activities for resource-use and the response of nature to such artificial interference. Nature provides resources necessary for human life on the Earth in terms of his survival as well as living. Humanbeing has developed civilization using the benefits that nature provides. In the past, a harmonious relationship between mankind and nature had ensured sustainability of resource-use for human. We can find such facts from the existence of cultural landscape. However, rapid economic growth and a development-oriented logic caused from such socio-economic change led to the environmental crises and the depletion of various resources at global level. In the perspective of preparation for such problems, we investigated the background for establishment, function, and value of cultural landscapes, in which a dynamic equilibrium exists between a supply of natural resources and human needs. Furthermore, we discussed a new economic model including ecological consideration, a strategy for ecological management of environment, and a framework for transmission of traditional culture to new generations on the basis of a cultural landscape regime.

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Characteristics and Implications of the Policies for Industrial Crisis Areas in Europe (유럽의 산업위기지역 지원정책 추진 동향 및 시사점)

  • Lee, Jong-Ho;Jang, Hoo-Eun
    • Journal of the Economic Geographical Society of Korea
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    • v.22 no.3
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    • pp.246-257
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    • 2019
  • This paper aims to consider and draw policy implications for industrial crisis areas in advanced European countries with extensive experience in implementing regional industrial policies for regions facing industrial and employment crises due to deindustrialization, the decline of main industries, and industrial restructuring. In Europe, the paradigm and focus of support policies for industrial crisis areas have varied from time to time and from country to country. In particular, since the 2008 global economic crisis, it has again become a major issue of regional policy. Europe's recent policies for industrial crisis areas are characterized by a new model of development, with its focus on regional economic growth and job creation, and in the form of multifaceted and comprehensive regional policies through policy mix that combines regional development policies, industrial policies and employment policies.

A Study on Attracting the United Nations Humanitarian Response Depot(UNHRD) (유엔 인도적 지원 물류센터 유치방안에 관한 연구)

  • Shin, Seok-Hyun
    • Journal of Korea Port Economic Association
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    • v.35 no.3
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    • pp.73-92
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    • 2019
  • Disasters and crises are spreading across the globe, and there has been an increase in the number disasters in northeast Asia, such as earthquakes in Sichuan, China, and East Japan. This study aims to propose a plan to attract facilities from the United Nations Humanitarian Response Depot (UNHRD). Although there are no prior domestic studies, the study focuses on the role of intangible benefits, values, and economic outcomes in attracting facilities. Based on an analysis of strengths, weaknesses, opportunities, and threats (SWOT) of Korea's host environment, using the UN's annual report and Korea's overseas emergency relief data, the study will analyze the status of relevant UN organizations and derive detailed strategies. In order to attract facilities from the UNHRD, it will be necessary to build and promote a cooperative system with domestic and foreign NGO experts in humanitarian assistance and joint proposals from government departments and local governments. In the long-run, it will be necessary to work closely with the relevant UN agencies to achieve strategic progress.

Why Do Some People Become Poor? The Characteristics and Determinants of Poverty Entry (누가 왜 빈곤에 빠지는가? 빈곤진입자의 특성 및 요인)

  • Kim, Hwanjoon
    • Korean Journal of Social Welfare Studies
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    • v.42 no.4
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    • pp.365-388
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    • 2011
  • By analyzing 1998~2008 Korean Labor and Income Panel Study(KLIPS), this study examines socio-economic characteristics of people who become poor. The study also explores the reason why they are in the state of poverty. To find determinants affecting poverty entrance, discrete-time hazard models are applied. Major findings are as follows. The socio-economic characteristics driving people into poverty are in the middle way of the long-term poor and the non-poor, combining the characteristics of both groups. This implies that many cases of the newly poor tend to enter and exit from poverty repeatedly. Poverty entry rate was at a high level right after the economic crises, then was a downturn and remained fairly stable since 2000. However, the young, the high-educated, and even the professional are on the rise as a new poverty group. The major reason people become poor is temporary job loss. This factor is confirmed again by multi-variate analyses. In building anti-poverty policies, it is important to distinguish the long-term poor from the short-term poor. For the long-term poor, virtually the only affective policy will be income support. On the other hand, a labor-market strategy for jos security will be more effective for the short-term poor. The characteristics and determinants of poverty entry may affect poverty duration and exit in the future. Future research will be needed to investigate the relationship among these factors.