• 제목/요약/키워드: Industry Crisis

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Declining Japanese Yen in the Changing International Monetary System

  • Ogaw, Eiji;Muto, Makoto
    • East Asian Economic Review
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    • 제21권4호
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    • pp.317-342
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    • 2017
  • The US dollar has kept as a position of key currency in the global economy in the changing international monetary system where the euro was introduced to some states of the EU in 1999. It is an evidence of inertia of the US dollar as a key currency. Our previous study (Ogawa and Muto, 2017b) conducted empirical analysis to investigate effects of several events on inertia of the US dollar. One of our findings was that the introduction of the euro increased utility of euro while utility of US dollar was kept unchanged. This paper examines the effects of the global financial crisis and the euro zone crisis as well as the introduction of the euro on the utility of the Japanese yen. The introduction of the euro significantly decreased the utility of the Japanese yen. It indicates that the introduction of the euro increased the utility of the euro while reducing the utility of the Japanese yen rather than the utility of the US dollar. The utility of the Japanese yen has significantly decreased while the global financial crisis and the euro zone crisis occurred. The Japanese yen has a declining trend in terms of its utility over time in the changing international monetary system.

신호접근법에 의한 유조선 해운시장 위기 예측 연구 (A Study on the Early Warning Model of Crude Oil Shipping Market Using Signal Approach)

  • 최봉근;류동근
    • 한국항해항만학회지
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    • 제47권3호
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    • pp.167-173
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    • 2023
  • 한국 경제에 근간이 되는 산업은 제조업이고, 그중 석유화학산업은 전량 원유를 수입하여 우리나라의 기술력으로 가공하여 재수출하는 전략적 성장 산업이다. 수많은 제조업의 원료가 되는 원유를 전량 해상운송을 통해 수입하는 우리나라는 변동성이 심한 유조선 운임 시장에 대해 기민하게 대응해야 한다. 유조선 운임 시장의 위기는 관련 해운회사의 위기에서 끝나지 않고 원유를 사용하는 산업에서부터 국민의 생활까지 영향을 미칠 수 있으므로, 본 연구에서 신호접근법을 활용한 조기경보모형을 제시했다. BDTI 운임지수를 활용하여 유조선 해운시장 위기를 정의하고, 38개의 거시경제, 금융, 원자재 지표 그리고 해운시장 데이터를 활용해 시차상관관계를 분석하여 유조선 해운시장 위기에 선행적으로 반응하는 종합선행지수를 도출했다. 연구 결과, 종합선행지수는 두 달 전 가장 높은 0.499의 시차상관계수 값을 가졌으며, 5개월 전부터 유의미한 상관계수 값을 나타냈다. QPS 값은 0.13으로 위기 예측에 대해 높은 정확성을 지니는 것으로 검증됐다. 더불어 기존의 다른 시계열 예측모형 연구들과 달리 본 연구는 경제 위기와 유조선 해운시장의 위기 간의 시차를 계량적으로 접근하여, 관련 해운산업 종사자들과 정책 입안자들에게 위기에 효과적으로 대처할 수 있는 전략의 기틀을 제공함에 의의가 있다.

Measures to Enhance Emergency Management Capacity of Private Security Industry

  • Park, Dong-Kyun;Kim, Do-Kyuo
    • International Journal of Contents
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    • 제5권1호
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    • pp.27-32
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    • 2009
  • The private security will overcome the limit of public police system and implement a small and efficient government concept. Especially in recent years, this security system has naturally been expanded in its functions from crime prevention to prevention of disasters. To manage the emergency by the private security industry, the private security services to involve some peculiarity and specialty. The policy agenda of private security industry for crisis management are suggested. First of all, to provide quality services for emergency management, the guards from private organizations should receive professional education and training to secure the specialty. Second, we need to improve the quality of security instructors with intensive education system for them. Security instructors should be able to effectively handle lots of different matters in the fields of security, but examination of the current curriculum of education for security instructor indicates that there is not much chance of it. Third, must be natural in light that the private organizations have some limitations in their operational capabilities and scopes. Private security duties are well established in cooperation with related institutions such as the police. Lastly, development of high quality crisis management commodities in the private security becomes even more significant. The government should be determined to make an effort to grow the private industry and foster a political environment for the same purpose.

A study on the deployment status and development plan of retail technology

  • KIM, Se-Jin;LEE, Sang-Youn
    • 4차산업연구
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    • 제1권1호
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    • pp.23-29
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    • 2021
  • Purpose - Faced with the great change of the 4th industrial revolution and the addition of the COVID-19 pandemic, great confusion and crises are occurring in the retail environment as well. The purpose of this study is to suggest the necessity of establishing a methodology for applying retail tech to offline distribution channels in crisis. Research design, data, and methodology - After examining the recent developments of representative fields to which retail technology is applied, it is rearranged through consideration through previous studies. Result - The retail industry must transform into digital commerce through digital transformation. According to the development of retail technology, the distribution industry is at a time of change from the stage of brokering product and service transactions to a structure that creates value based on information on production and consumption. The business model of the distribution industry must be converted to a platform business model in which both consumers and producers become users. Conclusion - In-depth analysis of the cases has not been conducted, and there are limitations in that the development is somewhat insufficient due to insufficient prior research data. However, it is meaningful to suggest the necessity of finding a methodology for applying retail technology to overcome the crisis of offline retailers through quantitative research on the retail technology area.

투입·산출 구조분해를 통한 해운항만산업 성장구조분석 (Input-Output Structural Decomposition Analysis on the Growth Structure of Korean Maritime and Port Industry)

  • 김상춘
    • 무역학회지
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    • 제46권1호
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    • pp.83-111
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    • 2021
  • This paper conducts a Structural Dcomposition Analysis on the structure of factors contributing to the output growth of Korean Maritime and Port Industry during year 2000~ year 2017. Some of results are as follows. The output growth rates of the industry (yearly average 4.3%) was far lower than the average growth rates of Service as well as of Manufacturing Industries (yearly average 9% and 6.8%, respectively) due to the lower output growth of Maritime Industry. Among the growth contributing factors, change in domestic demand for final goods is the first contributing factor, and then change in technology, change in export and import substitution for intermediate goods are followed in order, but import substitution for final goods decreased its output. However, in each respective sub-periods of pre-global financial crisis and post-global financial crisis, change in the export, especially change in the export of Maritime Industry is the dominant determinant of output change in the Maritime and Port Industry in opposite ways. In the periods of the former the increase in the export of Maritime Industry overwhelmingly led the output growth of the Maritime and Port industry, but in the periods of the latter the decrease in its export was the culprit of lower output growth of the industry. On the other hand, among all industries of service and manufacturing sectors, Wholesale and Retail industry is the leading industry in contributing to the output growth of the Maritime and Port Industry, and Transportation Equipment industry is the leading industry among all manufacturing industries.

글로벌 태양광기업의 위기극복전략 연구 - 기업 인수합병과 구조조정을 중심으로 - (A Study on Crisis Response Strategies for Global Solar Energy Companies - Focusing of M&A and Restructuring -)

  • 이창석;유성연;한기주;차재형;전의찬
    • 한국기후변화학회지
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    • 제8권2호
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    • pp.91-97
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    • 2017
  • Korean solar energy companies are currently suffering bankruptcy, receivership, liquidation of operation, lay-off or other similar event and most of the conglomerate are also downsized or discontinued operations in the industry. This study aims to assist Korean solar energy companies in making decision to overcome the current industrial crisis through looking into the Korean companies' growth, encounter with the crisis and strategies to survive. The main research topic in this study is a comparison between respective effect of M&A and restructuring on corporate value to understand such effects on solar energy companies. In this study, we utilized a variety of research methodologies, including dummy regression analysis, binary analysis of variance, analysis of cross addition to T-test was carried out empirical analysis. As a result, it seems that the companies who chose an M&A are facing a better situation in terms of survival and market share despite the ongoing crisis. Through this study, it could be found that, for a technology company, an M&A would be a better option than restructuring to grow and overcome a crisis.

세계 경제위기 이후 복지국가의 진로 (The Trajectories of Welfare States after Global Economic Crisis)

  • 주은선
    • 사회복지연구
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    • 제42권2호
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    • pp.97-122
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    • 2011
  • 최근 글로벌 경제위기 직후 각국은 경기부양책의 일환으로 일제히 복지지출을 늘렸으나 재정위기가 불거지면서 복지지출을 급속히 축소시켰다. 그렇다면 경제위기 이후 복지국가는 어떠한 역사적 변곡점을 통과하고 있는 것일까? 빈곤과 양극화로 복지와 이를 책임지는 국가 역할에 대한 요구는 높아지고 있지만, 국가의 위기 대응은 사실상 금융산업 구제와 감세에 집중되었다. 국가는 시장 조정과 개입 능력에 많은 한계를 보였다. 대규모 구제금융 등으로 인한 재정 압박, 정치적 개인주의의 증대와 계급정치 변화 경향, 그리고 복지제도와 금융부문의 혼합 등과 같은 요소들로 볼 때 향후 복지국가 진로에 대해 낙관적 전망을 하기는 어렵다. 경제위기 이후 신자유주의적 자본축적 전략과 국가전략이 유지되고 있는 가운데 중간층 대상의 현금급여 위주로 복지 축소가 진행되고 있다. 따라서 과거와 같은 계급타협보다는 복지국가가 최소수준 보장을 통해 빈민에 대한 포섭을 강화하는 것이 유력하게 전망 된다. 이러한 최소주의 복지국가로의 진행을 막는 관건은 아래로부터의 연대를 통해 자본을 압박하는 것이지만, 그 전망은 불투명하다.

국내 건축공사 시공조직 구성에 관한 연구 - 수도권 공동주택을 중심으로 - (A Study on Composition of The Construction Organization in Construction Work in Korea - Focus on Apartment of The Capital Region -)

  • 이교선;김현석;강경인
    • 한국건축시공학회지
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    • 제3권1호
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    • pp.155-160
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    • 2003
  • The Korean economic crisis hit badly the local construction industry, especially during the year of the 1998 when the country took the IMF bailout proframme. Under the poor business environment, such as reduction of construction investment, financial difficulty from high interest rate, and increasing bankruptcies, restructuring measures were repuired for survival of the industry. It is obvious the restructuring process is essential for the future business success. regardless of the financial crisis. With this background, this research aims the contribute to improved construction management structure and strengthened international competitiveness of the industry through the cost reduction and productivity enhancement, by analysising and proposing and optimal level of the manpower structure of construction management organization With the subject of 24 construction fields of apartment houses in the capital region as of January 1, 1999, constructed by OO company having leaded the construction industry of the country so far now, the researcher performed the on the spot survey regarding the organization/manpower structure and construction contract amount.