• East Asian Economic Review
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• v.21 no.1
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• pp.81-100
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• 2017

This study measures the degree of dollarization in North Korea using results from a survey of 231 North Korean refugees. Specifically, we compare foreign currency use of households as both store-of-value substitutes (i.e., asset substitution) and transaction substitutes (i.e., currency substitution) before and after the confiscatory currency reform of 2009. The degree of dollarization has advanced since the currency reform in terms of both asset and currency substitutions. Survey results also indicate that the Chinese yuan is frequently used in the Sino-North Korean border area, whereas the US dollar is predominantly used in non-border areas. Furthermore, foreign currency increasingly serves as a medium of exchange not only for large transactions but also for smaller transactions, such as food purchases.

• Korean Journal of Adult Nursing
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• v.24 no.5
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• pp.531-539
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• 2012

Purpose: The purpose of this study was to identify the influencing factors associated to students nurses' cultural awareness toward immigrants for marriage and foreign workers. Methods: The participants were 107 nursing students in C city in Chungnam province. The data were collected with structured questionnaire. Collected data were analyzed using t-test, ANOVA, correlation analysis, and stepwise multiple regression. Results: The mean score of cultural awareness was 3.67. The degree of cultural awareness was different according to educational experience related multiculture and age. The variables predicting cultural awareness were social distance of foreign workers, emotions of immigrants for marriage and age. These factors accounted for 26% of the variance of cultural awareness in nursing students. Conclusion: The results indicate education related multiculture should be provided to nursing students to reduce the social distance between students and foreign workers and enhance positive emotions for immigrants.

• International Commerce and Information Review
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• v.10 no.2
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• pp.411-432
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• 2008

This study presents the pattern and determinants of intra-industry trade in Korea's machinery and transport equipment industry focusing the influence of foreign direct investment on intra-industry trade. Using an OLS regression model the determinants of intra-industry trade are investigated. Results indicate that a statistically significant negative relationship is found between intra-industry trade and foreign direct investment, and show that intra-industry trade is positively affected by the degree of product differentiation and export structure similarity. Intra-industry trade is also positively associated with the economies of scale, the level of trade barrier, and transportation costs, although this is not statistically significant. The study found strong evidence that the propensity of foreign direct investment toward export specialized industry makes the negative relationship between intra-industry trade and foreign direct investment.

• The Journal of Information Technology
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• v.2 no.1
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• pp.91-101
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• 1999

In today's firms, there is an increasing awareness amongst managers and executives on the importance of secretary's role. This is a study on the profile of the corporate executive secretary's job responsibilities with emphasis on communication skills, interpersonal and foreign language fluency, which I deem relevant to their position. As a result, I believe that an executive secretary must obtain at least a two-year secretarial degree, Furthermore, I propose that their education must include and stress emphasis in foreign languages. Nevertheless, I feel that in today's global economy, it is important that executive secretaries are fluent in at least two(2) foreign languages that would enable him/her to write his/her boss' speeches, editing dictated materials and creating corresspondences. This study is believed to contribute to the education of the future executive secretaries and the managers etc.

• Asia-Pacific Journal of Business
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• v.12 no.4
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• pp.289-297
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• 2021

Purpose - This study analyzed the correlation between economic liberalization and foreign direct investment. The purpose of this study is to seek ways to attract foreign direct investment from developing countries. Design/methodology/approach - This study analysed with observations of 19 from 2000 to 2018 using a fixed effect model, a random effect model, and a two-way fixed effect model. Findings - First, it was found that economic liberalization had a positive effect on attracting foreign direct investment in the early stages of economic liberalization. Second, it was found that economic liberalization in the deepening stage of economic liberalization had a negative effect on attracting foreign direct investment. In general, it was found that the higher the level of economic liberalization in developing countries is not accompanied by innovative changes in the industrial structure, the higher the level of economic liberalization is likely to decrease the inducement of foreign direct investment due to negative factors such as an increase in labor costs. Overall, this study approved that Economic liberalization have a non-linear (inverted U-shape) relationship with the inflow of foreign direct investment. Research implications or Originality - First, this study attempted to expand the variables for the determinants of FDI by analyzing economic factors which is a determinent of FDI. Second, economic liberalization generally has a positive effect on foreign direct investment, but it proved that it does not have only positive effects as a factor of attracting foreign direct investment in developing countries. The advantage of low wages in ASEAN countries acts as a factor for foreign direct investment, but as the degree of economic liberalization increases, the environment such as government size, guarantee of property rights, international trade freedom, fiscal soundness, and regulations change positively. On the other hand, it can be suggested that if the industrial level is less, it may lead to a loss of comparative advantage and a decrease in investment.

• East Asian Economic Review
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• v.16 no.1
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• pp.25-66
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• 2012

The paper analyzes the effect of expected future demand on the investment decisions of multinational enterprises. In particular, I explore the issue of the timing of switching between exporting and FDI in the host developing country and explicitly incorporate the firm's attitude toward risk in the model. The model demonstrates that the optimal time for switching to FDI depends on the expected future demand and the degree of its uncertainty.

• Journal of Fashion Business
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• v.14 no.2
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• pp.42-56
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• 2010

The purpose of this study is to provide the fundamental data through researching on the actual condition of foreign consumers, the image of DongDaeMun fashion market, the customer satisfaction measurement of DongDaeMun fashion market, and the degree of satisfaction of DongDaeMun market's products. The results of this study are as follows: 1. The analysis on gender who visits DongDaeMun fashion market reveals that female(77.6%) was more than male, and the each age group has a priority in orders of 30s, 20s and 40s. The Japanese shoppers has more willing to visit again and a number of visitors has visited more than twice and many of them came by for the purpose of shopping. Japanese shoppers get the information of DongDaeMun fashion market from families or advertisements by media, while Chinese customers get the information through travel agencies. 2. The image of DongDaeMun fashion market by foreigners is generally positive. They were satisfied with the facilities of DongDaeMun fashion market, the convenience of transportation, business hour and ambience of store, and fashion of clothes. Foreign customers who visited Korea on purpose to do shopping and frequent visitors to Korea have a similar image of DongDaeMun fashion market with that of domestic visitors. 3. The degree of satisfaction to the DongDaeMun fashion market for clothing was usually high. There were only few differences between Chinese shoppers and Japanese shoppers. The higher the satisfaction to the DongDaeMun fashion market was the more they had bought and high intention of visiting. And the more experiences of visiting to the DongDaeMun fashion market showed the higher degree of satisfaction.

• Korean Journal of Social Welfare Studies
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• v.48 no.2
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• pp.331-357
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• 2017

In this study, we explored the degree to which foreign workers in Korea are satisfied with their lives. We examined the extent of the respondents'educational mismatch, their experiences of discrimination, and the empowerment influence on their degree of life satisfaction. Based on this, we developed practical implications to improve foreign workers'life satisfaction in the country. The results show that life satisfaction significantly rises as the respondents'educational credentials increasingly match with the criteria for their respective jobs, given that they have not experienced discrimination and their empowerment level is high. Based on these outcomes, we proposed the following important policy measures: mediation and diminishing educational mismatch during job searches, establishing legal and institutional frameworks to prevent discrimination, and placing greater emphasis on efforts to improve foreign workers'empowerment. We expect our findings to provide an important empirical basis for efforts to facilitate foreign workers'integration into Korean society. This study is the first attempt to apply concepts such as foreign workers'empowerment and educational mismatch -as defined by the Organisation for Economic Cooperation and Development's Programme for the International Assessment of Adult Competencies (OECD PIAAC) -to foreign workers in Korea.

• Journal of the Korean Society of Clothing and Textiles
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• v.23 no.1
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• pp.42-53
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• 1999

Global sourcing strategy is the one that apparel firms adopt in order to improve efficiency. Souring statesgies are not limited to the decision of sourcing country or vertical integration of sewing process Sourcing strategies include all the ecision of marketing process from the acquisition of fabric to distribution of products. The present study aims to analyze the soucing strategies of Korea apparel industry in global perspectives by applying transaction cost approach and aims to provide the implications for the future. The results are as follows ; (1) sourcing strategies in the dimension of domestic versus offshore soucing are determined by the experience in foreign business and the degree of fashionability of the product. (2) Firms tend to increase affshore soucing as they accumulate the experience in foreign business because they can decrease transaction costs as the perceived risks decrease (3) Also firms tend to source their products in foreign countries when the products are more fashionable. Brand loyalty of the product is a additional factor that increases the proportion of domestic sourcing. (4) Degree of vertical integration of sourcing is determined by the fashionability brand loyalty and the experience in foreign business. That is firms decrease the transaction costs by avoiding the investment to short life fashion products. However firms increase the control over the high reputation product by in house production. As the apparel firms tend to more marketing oriented and the national boundaries of business envrionment becomes permeable more efficient global sourcing strategies should be stablished, Besides the production costs nonproduction costs should be equallly considered in order to analyze the total costs.

• Korea journal of population studies
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• v.31 no.3
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• pp.1-26
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• 2008

The main purpose of this paper is to explore the impacts of foreign wife status and social capital on fertility among a group of Chinese, Vietnamese and Japanese wives in Korea. Attention is focused on the argument that minority group status and immigrant social capital exerts an independent effect on fertility, apart from socioeconomic and demographic variables. It is hypothesized that the level and tempo of fertility of foreign wives reflect their social disadvantages and the adaptation process. Micro-data from two socio-demographic surveys were utilized to analyze the reproductive outcomes of foreign and native wives in Korea. Results of analyses reveal that foreign wives in Korea tend to have fewer children compared to native Korean women. It was found that a foreign wife's access to social capital significantly facilitates reproductive behavior. Those who engage themselves more in voluntary activities, have more friends in Korea, and possess better and higher-quality social networks tend to have more children. Foreign wives with a high degree of integration or assimilation to the new surroundings were also found to have more children than other foreign wives.