• Title/Summary/Keyword: National crisis

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An Interdisciplinary Case Study on the Phase-Shifting Behavior of Financial Markets (자본시장의 위상전이행태에 관한 학제간 융합연구 : 사례연구)

  • Ryu, Doojin;Ju, Kangjin;Kim, Hyun Na;Yang, Heejin
    • Korean Management Science Review
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    • v.33 no.2
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    • pp.117-131
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    • 2016
  • This study introduces the concepts on the phase-shifting phenomenon of financial markets, which was firstly used in econophysics area and explains how the phase-shifting behavior is studied in the fields of business management and finance. Specifically, we explain how the phases of financial markets are extremely changed under some external conditions, do an extensive literature review, and carry out case studies focusing on the 3 major financial crisis events including the 87 October crash, 97 Asian financial crisis, and 2007 global financial crisis. We also empirically examine the phase-shifting behavior of the Korean ELW products that has a similar payoff structure to the KOSPI200 options.

Decrease in the Growth of Domestic Demand in Korea

  • Moon, Seongman
    • East Asian Economic Review
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    • v.19 no.4
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    • pp.381-408
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    • 2015
  • This paper investigates a link between the significant decline in the growth of domestic demand and the dampened ripple effects from the export sector in Korea since the East Asian financial crisis. The dampened ripple effects are closely linked to the changed investment behaviors of the Korean large-sized exporting firms since the crisis: they do not invest in their export earnings any more to create new industries; they tend to use more foreign value added contents for their exports and to increase outward direct investment by actively participating in global value chains. The paper also examines a link between the growth of domestic demand and the growth of household disposable income and presents reasons for the decline in the growth of household disposable income since the East Asian financial crisis.

Analysis and Priorities of State Regulation of the Labor Market in Crisis Conditions

  • Yurii Shpak;Vitaliy Davydenko;Vаsyl Pasichnyk;Valentyna Zhukovska;Viktoriya Ivanyuta
    • International Journal of Computer Science & Network Security
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    • v.23 no.12
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    • pp.181-186
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    • 2023
  • The main purpose of the study is to analyze the features of state regulation of the labor market in a crisis. Structural shifts in the labor market are due to the transformation of public and economic relations in today's globalized world. Increasing competition, the development of the knowledge economy, information technology, changes in the content and forms of labor require updating the labor market regulation system. The research methodology implies the use of modern methods of analysis. The analysis of the features of state regulation of the labor market in crisis conditions is carried out.

Structural Factors of the Middle East Respiratory Syndrome Coronavirus Outbreak as a Public Health Crisis in Korea and Future Response Strategies

  • Kim, Dong-Hyun
    • Journal of Preventive Medicine and Public Health
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    • v.48 no.6
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    • pp.265-270
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    • 2015
  • The recent Middle East respiratory syndrome coronavirus (MERS-CoV) outbreak has originated from a failure in the national quarantine system in the Republic of Korea as most basic role of protecting the safety and lives of its citizens. Furthermore, a number of the Korean healthcare system's weaknesses seem to have been completely exposed. The MERS-CoV outbreak can be considered a typical public health crisis in that the public was not only greatly terrorized by the actual fear of the disease, but also experienced a great impact to their daily lives, all in a short period of time. Preparedness for and an appropriate response to a public health crisis require comprehensive systematic public healthcare measures to address risks comprehensively with an all-hazards approach. Consequently, discussion regarding establishment of post-MERS-CoV improvement measures must focus on the total reform of the national quarantine system and strengthening of the public health infrastructure. In addition, the Korea Centers for Disease Control and Prevention must implement specific strategies of action including taking on the role of "control tower" in a public health emergency, training of Field Epidemic Intelligence Service officers, establishment of collaborative governance between central and local governments for infection prevention and control, strengthening the roles and capabilities of community-based public hospitals, and development of nationwide crisis communication methods.

Motilitone toxicity in a dog

  • Kim, Yoon-Hwan;Ahn, Jin-Ok;Jeong, Yunho;Kang, Min Soo;Choi, Jung Hoon;Chung, Jin-Young
    • Korean Journal of Veterinary Research
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    • v.61 no.2
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    • pp.15.1-15.5
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    • 2021
  • A three-month-old, intact male Maltese dog was presented to the hospital with lethargy after taking a human medication, Motilitone. Physical examination, including a neurological examination, revealed no remarkable findings, but cholinergic crisis symptoms appeared gradually. Blood and radiological examinations showed no remarkable findings. The dog was tentatively diagnosed with a cholinergic crisis associated with Motilitone intake. Treatment included intravenous administration of atropine (0.02 mg/kg) every 30 minutes and supportive fluid therapy. After 12 hours of treatment, the patient's clinical signs were resolved. This is the first case report describing Motilitone toxicity in a dog.

A Study on the Influence of I.M.F. System on Domestic Fashion (I.M.F. 체제가 국내 패션에 미친 영향)

  • 최해주
    • Journal of the Korean Society of Costume
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    • v.51 no.4
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    • pp.43-56
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    • 2001
  • Articles on fashion of major daily newspapers for about one years after I.M.F. system were analyzed. The influence of I.M.F. system, values, the importance of costumes at economic crisis were studied through fashion at that time. The major conclusions of the study are as follows : 1. Costumes made in Korea, national brands In Korean words, practical styles, multi-functional design, economic tastes and mixed fashions were emphasized. 2. The sound and patriotic values were pursued through domestic fashion and creative ideas were developed to overcome economic crisis. 3. The meaning of costumes was still important under shrink of consumption. Costumes were useful tools to estimate ability and express aesthetic appreciation. The sound fashion trends under I.M.F. system reflect the reflection on overconsume and the will to overcome economic crisis. Such trends should be fixed for the establishment of economic prosperity for the nation.

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Development of an Early Warning System based on Artificial Intelligence (인공지능기법을 이용한 외환위기 조기경보시스템 구축)

  • Kwon, Byeung-Chun;Cho, Nam-Wook
    • IE interfaces
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    • v.25 no.3
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    • pp.319-326
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    • 2012
  • To effectively predict financial crisis, this paper presents an early warning system based on artificial intelligence technologies. Both Genetic Algorithms and Neural Networks are utilized for the proposed system. First, a genetic algorithm has been developed for the effective selection of economic indices, which are used for monitoring financial crisis. Then, an optimum weight of the selected indices has been determined by a neural network method. To validate the effectiveness of the proposed system, a series of experiments has been conducted by using the Korean economic indices from 2005 to 2008.

Interpretation as a Moral Act: Kennedy and the University of Alabama Crisis

  • Jon, Bumsoo
    • English & American cultural studies
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    • v.18 no.1
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    • pp.121-140
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    • 2018
  • Faced with a series of violent confrontations on civil rights in the State of Alabama in 1963, John F. Kennedy gave a formal speech that heralded the end of his unusually long-drawn-out aloofness from the issue. The speech marked a new phase in Kennedy's political leadership as the thirty-fifth president of the United States employed a rhetoric of moral failure, defining the University of Alabama crisis and the ensuing civil rights struggle as a threat to American federalism and national ideals. This paper employs the formal, neoclassical terms of rhetoric to analyze the distinct mode of persuasion Kennedy employs in which the former U.S. president (1) appeals to moral interpretation as a proper solution to the aggravating social situation and (2) puts an interpretation on civil disorder in Birmingham, Alabama as a major threat to national identity, rather than a regional, largely party-political question.

A Study on the Need of Unified Cyber Crisis Management System:Around Comparison about Policies and Systems of USA and Korea (통합적 사이버 위기관리 체계의 필요성에 관한 연구 : 미국과 한국의 제도 및 정책 비교를 중심으로)

  • Kim, Min-Sik;Park, Sang-Don;Kwon, Hun-Yeong;Kim, Il-Hwan;Lim, Jong-In
    • Convergence Security Journal
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    • v.9 no.1
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    • pp.29-37
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    • 2009
  • According to Homeland Security Act of 2002, DHS in USA is comprehensively responsible for execution of protection methods on the public and private sectors against cyber attack for USA cyber crisis management. There are different laws and organizations according to the sector that is the public, the private, CII(Critical Information Infrastructure, or Non-CII in Korea. In this paper, we show the unified cyber crisis management of USA makes korea realize the importance to integration and systematization for the national cyber crisis management system.

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Donor Country's Fiscal Status and ODA Decisions before and after 2008 Global Financial Crisis

  • Ahn, Hyeonmi;Park, Danbee
    • The Journal of Industrial Distribution & Business
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    • v.9 no.1
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    • pp.25-38
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    • 2018
  • Purpose - The purpose of this study is to empirically investigate the impact of donor's fiscal status on aid decisions before and after the 2008 global financial crisis. The effects on aid can change depending on the donor country's fiscal status and the period of financial crisis. Research design, data, and methodology - A fixed effect regression and dynamic panel GMM is conducted using a comprehensive dataset combining 31 donor and 167 recipient countries during 1996-2015. The key explanatory variable is central government debt-to-GDP ratio of donor country. Recipient countries' GNI per capita, population, governance indicators, and bilateral trade-to-GDP ratio between donor and recipient countries are included as control variables. Results - We can confirm the relationship between donor country's fiscal status and aid flow. The cyclical component of government debt is found to have a negative impact on grant decisions particularly after the 2008 global financial crisis. This effect becomes larger in the countries with high government debt-to-GDP ratio. ODA decisions from the countries with low financial constraint do not significantly affected by the recipient countries' factors such as GNI, population, and governance indicator. Conclusions - Based on the empirical results of this study, the source of aid should be diversified by incorporating private sector and innovative financing sources.