• Title/Summary/Keyword: Local University Crisis

Search Result 124, Processing Time 0.028 seconds

The Influence of Customer Trust and Loyalty on Repurchase Intention of Domestic Tourism: A Case Study in Thailand During COVID-19 Crisis

  • LAPAROJKIT, Sumana;SUTTIPUN, Muttanachai
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.5
    • /
    • pp.961-969
    • /
    • 2021
  • The study aimed to investigate the level of customer trust, loyalty, and re-purchase intention of coastal tourism in Thailand during the COVID-19 crisis; to test the different levels of customer trust, loyalty, and re-purchase intention by local tourists between East-side and West-side coasts of Thailand; and to examine the influence of customer trust and loyalty on re-purchase intention in coastal tourism. Using multistage sampling, this study sampled 487 Thai local tourists who had experienced coastal tourism in Thailand during the COVID-19 crisis. A questionnaire, descriptive analysis, independent sample t-test, correlation matrix, and multiple regression analysis were used to collect and analyze the data. All customer trust, loyalty, and re-purchase intentions in coastal tourism by local tourists were at a high level. There were significantly different levels of customer trust, loyalty, and re-purchase intentions by local Thai tourists between the East-side and West-side coasts of Thailand. Moreover, the study found that there was a significant positive influence of customer trust and loyalty on re-purchase intentions in coastal tourism by local tourists in Thailand during the COVID-19 crisis. This study indicates that Thai tourism industry still must develop and improve its local customer loyalty and trust because these positively influence customer re-purchase intentions.

Effects of Financial Crises on the Long Memory Volatility Dependency of Foreign Exchange Rates: the Asian Crisis vs. the Global Crisis

  • Han, Young Wook
    • East Asian Economic Review
    • /
    • v.18 no.1
    • /
    • pp.3-27
    • /
    • 2014
  • This paper examines the effects of financial crises on the long memory volatility dependency of daily exchange returns focusing on the Asian crisis in 97-98 and the Global crisis in 08-09. By using the daily KRW-USD and JPY-USD exchange rates which have different trading regions and volumes, this paper first applies both the parametric FIGARCH model and the semi-parametric Local Whittle method to estimate the long memory volatility dependency of the daily returns and the temporally aggregated returns of the two exchange rates. Then it compares the effects of the two financial crises on the long memory volatility dependency of the daily returns. The estimation results reflect that the long memory volatility dependency of the KRW-USD is generally greater than that of the JPY-USD returns and the long memory dependency of the two returns appears to be invariant to temporal aggregation. And, the two financial crises appear to affect the volatility dynamics of all the returns by inducing greater long memory dependency in the volatility process of the exchange returns, but the degree of the effects of the two crises seems to be different on the exchange rates.

The Impact of Industrial Clusters' Quality on the Production Resilience in the Global Crisis (글로벌 위기에서 산업 클러스터의 품질이 생산 탄력성에 미치는 영향)

  • Cho, Young Ju;Lee, Chang-geun;Yoo, Jun-Young;Kim, So-Young;Park, Hee-Jun
    • Journal of Korean Society for Quality Management
    • /
    • v.52 no.2
    • /
    • pp.287-301
    • /
    • 2024
  • Purpose: This paper aims to verify the difference in production resilience between local clusters and regions without clusters before and after a major crisis. Furthermore, this paper aims to identify the clusters' quality factors that impact clusters' shock vulnerability and resilience. Methods: Utilizing open-source data from the US Cluster Mapping platform, this paper compares regions with industrial clusters to those without using the Differences-in-Differences (DID) estimator. It considers the regions with industrial clusters as a treatment group and others as the control group, comparing the period before and after the pandemic. Additionally, the paper examines which cluster factors make a difference in economic resilience during the crisis using Regression Discontinuity Design (RDD). Results: The study finds that regions with industrial clusters show higher production resilience compared to regions without clusters. Moreover, the number of establishments, annual payrolls, and employment can have a positive impact on resilience during the pandemic shock. Conclusion: Though clusters could be vulnerable during the global crisis, industrial clusters can contribute to regional economic development and production resilience in the long-term aspect. Thus, it is required to construct a high-quality local cluster and support it during the economic crisis in the long-term aspect.

A Critical Discussion on Higher Lifelong Learning Ecosystem for Local University and Balanced Regional Development (지방대학과 지역균형발전을 위한 고등평생학습생태계에 대한 비판적 고찰)

  • Hur, Changsoo
    • The Journal of the Korea Contents Association
    • /
    • v.22 no.5
    • /
    • pp.633-642
    • /
    • 2022
  • This is conducted with the aim of critical discussions on existing arguments, focusing on the establishment of a higher lifelong learning ecosystem. First, this study discusses the characteristics of university education in Korea and the discourse on the crisis of local universities. Second, the arguments on the establishment of lifelong learning society and a lifelong learning system. Third, the arguments for the establishment of a higher lifelong learning ecosystem are reviewed and practical measures for this are critically discussed. The conclusion is as follows. Measures for the establishment of a higher lifelong learning ecosystem have been discussed in considerable detail, and through this, the possibility of overcoming the crisis of local universities and balanced regional development is sufficient. However, first, the university should play a central role, but this study questions whether university reform could be achieved to suit it. Second, in order to overcome the crisis, national responsibility, responsibility, and continuous support are required. On the other hand, it raised questions about whether cooperation from the current Korean government authorities is possible. Third, local communities should also achieve governance and participate in democratic ways, raising questions about whether a foundation-forming strategy for stakeholder consensus is established.

The Current Status of Korean Industrial Crisis Area: Industrial Environment and Crisis Status in Gumi Region (한국 산업위기지역의 현 주소: 구미지역 산업 환경과 위기실태)

  • Jeon, Ji-Hye;Lee, Chul-Woo
    • Journal of the Economic Geographical Society of Korea
    • /
    • v.22 no.3
    • /
    • pp.291-303
    • /
    • 2019
  • This study analyzed the changes in the industrial environment surrounding the Gumi region and the status of the industrial crisis in the Gumi area amid such changes. The Gumi region is experiencing a more turbulent period than ever in the environment changes at the international, national and local levels, such as the transition to the Fourth Industrial Revolution, the weakening of the competitiveness of key industries including mobile devices and displays, and the moving-out of core companies such as Samsung and LG Group. Accordingly, efforts have been made to diversify the industrial structure by fostering industry of automobile parts, high-tech medical devices and carbon materials to cope with and adapt to environmental changes at the regional level. However, the Gumi region is still locked in to the mono-cultural, large enterprise-dependent industrial structure centering on the mobile and display sectors, failing to overcome the regional industrial crisis and stagnating the overall local economy. The relocation of large companies began to increase in the 2010s, reducing the protection of large corporations against environmental changes at the corporate level. As a result, the crisis factors of small and mediumsized enterprises are gradually expanding to the national and international scale and working more complexly, which is beyond the level they can afford. So it is highly likely that the current industrial crisis will deepen. Therefore, it is necessary to strengthen the resilience to adapt to changes in the environment when it comes to overcoming the industrial crisis in Gumi region. To this end, it is necessary to improve innovation capabilities and diversify businesses based on convergence and complex technologies at the enterprise level, and to be selected as a special crisis response area aimed at creating an innovative ecosystem through autonomous resonance of companies and industries at the local level.

Government Legitimacy and International Image: Why Variations Occurred in China's Responses to COVID-19

  • Shaoyu Yuan
    • Journal of Contemporary Eastern Asia
    • /
    • v.22 no.2
    • /
    • pp.18-38
    • /
    • 2023
  • This paper examines the Chinese government's response to four epidemic crises, including COVID-19, and analyzes the similarities and differences in these responses. It argues that while the Chinese government learned from previous epidemics and improved its handling of subsequent outbreaks, a significant variation occurred during the COVID-19 pandemic, which had a detrimental impact globally. Existing scholarly research on China's epidemic responses has often been limited in scope, focusing on individual crises and neglecting the central-local government relationship in crisis decision-making. By adopting a comprehensive approach, this paper delves into the nuanced dynamics of China's responses to these epidemics. It highlights the variations in responses, attributing them to the Chinese government's fear of undermined legitimacy and its consideration of its international image. The government's recognition of the importance of public perception and trust, both domestically and globally, has shaped its crisis management strategies. Through a detailed analysis of these factors, this paper contributes to a deeper understanding of the variations observed in China's epidemic responses. It emphasizes the significance of the central-local government relationship and the government's international image in determining its actions during epidemics. Recognizing these factors can provide policymakers and researchers with insights to shape future epidemic response strategies and foster effective global health governance.

Policy Plans for the Maintenance of Public Security of Living During the War (전시 국민생활안정 유지방안)

  • Kil, Byung-Ok
    • Journal of National Security and Military Science
    • /
    • s.5
    • /
    • pp.131-172
    • /
    • 2007
  • Government duties in the cases of crisis are aimed at supporting efficient military operations in the fields of non-military affairs and resource mobilization, maintenance of government functions, and search for the public security of living during the war. In crisis, the government must change its functions into the total-war system with all resources available for the efficient performance of military operations, war economy, public safety and security as well as government continuance. The main contents of "Chung-Mu Plan" include the alternative measures to control the circulation of life necessities, emergency electricity, water and gas; recover public facilities from the disaster; and accommodate the wounded and refugees. Governments have practiced Ul-chi and ChungMoo exercises to improve government's management capabilities and master standard operating procedures including systematic distribution plans in the national and local level. However, such plans have not yet sufficient enough for the maintenance of public security of living. In addition to the conceptual ambiguity, major problems are the inappropriate system of the war economy, legal institutions, and administrative SOPs for the efficient maintenance of it. Thus, for the betterment of national crisis management system, the government should have the manual stated from every step and level dealing with crisis to the legal institutions. It is important to empower the National Emergency Planning Commission for the policy consistency and efficient/effective implementation. The comprehensive plans must have an integrated cooperative system of the central/local governments, military and civil society with actual practices and exercises for the maintenance of the public security of living.

  • PDF

A study of Structural relationship between public crisis communication and Heart & Fellings influence and behavioral intention in crisis risk situations (국가적 위기·위험상황에서 대중(大衆) 위기커뮤니케이션과 심정(心情) 영향력 및 행동의도간의 구조적 관계)

  • Lee, Jung-Eun
    • Journal of Digital Convergence
    • /
    • v.20 no.5
    • /
    • pp.239-251
    • /
    • 2022
  • This study tried to understand the structural relationship between public crisis communication, emotional influence, and behavioral intention in a national crisis/risk situation. Based on the results of previous studies and empirical studies, the results of crisis/threat type, crisis/threat response, sentiment (crisis/risk responsibility, strategic risk/risk reflective response), and action intention For tourists who visit tourist destinations, as well as the relationship between crisis and risk communication at the tourist destination and one of the unique emotions of Koreans (crisis threat responsibility, strategic response, and reflective response to crisis threat) The relationship between the outcome variable, behavioral intention, was identified. A theoretical study was conducted on each research concept to achieve the proposed research purpose. Based on this, a questionnaire was drawn up and empirical research was conducted in parallel. Three hypotheses were established, and meaningful results were confirmed according to the results of the hypotheses. When a risky situation occurs, the government, business, and local community will actively respond and respond to it as an opportunity to offset the risk of crisis.

The Changes in the Internal Organization and Members' Role Identity of Local Broadcasting Companies due to Management Crisis : Focusing on the In-depth Interview (경영 악화에 따른 지역방송사 내부 조직과 구성원의 인식 변화 : 심층인터뷰를 중심으로)

  • Jeon, Oh-Yeol;Lee, Hee-Chung;Na, Mi-Su
    • Journal of Digital Convergence
    • /
    • v.18 no.2
    • /
    • pp.427-437
    • /
    • 2020
  • This article researched the changes of terrestrial local broadcasting companies in a crisis of management. According to the following: First, the structure of the internal organization of local broadcasting companies has been changed to put more emphasis on 'management'. Second, most of the interviewees responded that this change was an inevitable choice. However, some responded that their 'role identity' was changing in a negative direction. Third, these changes have led to the emergence of programs that could undermine public interest. It also showed an increase in the production of 'funding-based' programs and 'mobile first' programs.