• Korean Journal of Social Welfare
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• v.62 no.2
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• pp.187-208
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• 2010

This Article attempts to analyse the enlarger phenomenon of 'temporary work-integration social enterprise' in 80's and 90's years in Germany. For this analysis were considered concepts and development of the 'secondary labour market' with respect of the 'temporary work-integration social enterprise'. At the same time were observed the background of the settlement of the 'secondary labour market' as local infrastructure for job creation in 80's and 90's years. Next was analyzed the contribution of the 'temporary work-integration social enterprise' on the fiscal consolidation through the method of cost-benefit analysis in fall of the community Gie${\ss}$en. Finally was limits and potential of the 'temporary work-integration social enterprise' analyzed, which as strategy for the fiscal consolidation was expanded in 80's and 90's years.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.3
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• pp.91-98
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• 2021

One of the concerns in the economic policy circle is the fiscal sustainability. This current research revisit the notion of fiscal sustainability for Malaysia using the Indicator of Fiscal Sustainability (IFS) developed by Croce and Juan-Ramón (2003) where we employ samples of time-series data from 1970 to 2017. The findings reveal that 40 out of 48 years, during which the calculated IFS algorithm is above the threshold of 1, imply Malaysia was fiscally unsustainable. Despite having been fiscally unsustainable, Malaysia's fiscal stance shows improvement as a result of fiscal consolidation and fiscal reforms during the sample period. This is shown by the improved calculated IFS algorithm on average, which the value improved from 1.465 in 1970-1993 to 1.377 in 1998-2004 and to 1.146 in the 2006-2013. From the policy front, this indicator can serve as a precautionary early warning measure in formulating future fiscal path for Malaysia. This can be executed by targeting debt ratio and shifting the allocation of expenditures away from less efficient toward more growth-enhancing ones, which eventually would regain fiscal space to counter any incoming economic shocks in the future. This can enhance the fiscal transparency and assist in formulating a fiscal policy strategy in Malaysia.

• The Journal of the Korea Contents Association
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• v.14 no.10
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• pp.112-123
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• 2014

This Study aims to establish better sound fiscal plan by investigating perception of local government officials. Local government fiscal consolidation is affected by a combination of factors, including social, economic, demographic, political financial health of local governments. We derived the financial situation of the government-related indicators, financial health-related indicators, the indicators to improve the financial health on the basis of this study are an existing discussion. To ensure the financial soundness of the Cheonan, it is necessary to increase the efficiency of financial management including financial monitoring and control devices provided the locals, investment screening analysis system to enable it. In addition, fiscal controls should be strengthened in order to effectively autonomous government debt management. You must cuts expense of local government to prepare for expansion of local government finance, it is necessary to realize that the fee rates. It should be made through a blend of autonomy and control in the central government, network of local government and the development of local financial operations. You should also to be distributed to the residents welfare and community development funds are invested substantially to establish a systematic planning, resource allocation, evaluation, and reflux system.

• Proceedings of the KSR Conference
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• 2008.06a
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• pp.1458-1465
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• 2008

With 34 years of accumulated operating experience, Seoul Metro has launched a project aimed at exporting second-hand trains(used EMU cars) to Vietnam while seeking measures for diversifying its business such as the construction of the metropolitan railways both at home and abroad, and operating business as a way of fiscal consolidation and management improvement. Therefore, Seoul Metro has moved ahead with this plan considering that there's no legal constraints on durable period of rolling stocks in advanced countries where the vehicles have been used for 35 years or longer than 40 years through renovation such as safety inspection and comprehensive maintenance program, and the railway systems for the replacement are expected to reach 838 cars by 2015 with growth of 100 cars a year. Seoul Metro strives to create value for boosting revenues and recycling resources by sending used EMUs to Vietnam. Seoul Metro will also provide under-developed countries with cars at a low price as well as share the accumulated railway technical know-how so that it can promote the national image and obtain the pre-emptive effect of metro railways in Vietnam.