• Title/Summary/Keyword: Political Crisis

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Global Economic Governance Reform and the Role of Asia: Opportunities Offered by the G20

  • Cho, Yoon Je
    • East Asian Economic Review
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    • v.16 no.1
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    • pp.3-23
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    • 2012
  • The recent global financial crisis has highlighted the importance of international monetary and financial system reform. The current system is deemed to be no longer adequate to meet the needs of a complex, integrated world economy. With regards to the reform of the international monetary system, there have been various proposals both in demand and supply sides. These include proposals to build a stronger global financial safety net, to diversify the supply of international reserve currency and so on. These proposals face trade-offs between desirability and political feasibility. Given this situation, a practical transition would be to strengthen policy coordination among the major economies and to reform the International Monetary Fund. The success on both fronts depends heavily on global economic governance reform and the role of the G20. Increased status and representation of Asian countries in the G20 give both privileges and responsibilities to Asians. To meet these responsibilities, Asians should put forth greater efforts to develop their intellectual leadership in global economic issues through creating new forum and institutions.

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Ijema(李濟馬)'s Philosophy of Four Constitution and Paradigm of Life World[Body-Community] (이제마의 사상철학(四象哲學)과 생활세계[몸-공동체] 패러다임)

  • Jeong, Bok-Cheol
    • Journal of Korean Medical classics
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    • v.21 no.4
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    • pp.207-224
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    • 2008
  • This study attempts to illuminate Ijema's philosophy of Four-Constitution as a new political theory of human beings as it has been regarded as the philosophy of Body-Politics and Life World[Body-Community], the notion of which was formulated quite uniquely according to the doctrine of Post-Juhi(朱子) in Joseon(朝鮮) dynasty. The philosophy of Four-Constitution was the result of succession of and reflection upon a long tradition; since the crisis aroused of Confucianism as a pragmatic science and a pure theory of science, after having collided with the science of the west, Ijema as a Confucian scholar and a oriental medicine struck upon and opened a new way to a discursive solution, the philosophy of Four-Constitution as Body Politics and Life World of New Paradigm by reconsidering the fundamental spirit and ideology of the doctrine of confucian tradition.

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Crucial Scheme for Traditional Markets Revitalization (재래시장 활성화 방안)

  • 황상규;이재달
    • Proceedings of the Korea Port Economic Association Conference
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    • 2003.07a
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    • pp.193-218
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    • 2003
  • Today, the marketplace environment is changing faster and more dramatically than ever before. With the rapid growth of Internet Shopping mall, electronic commerce transaction, we have big changes on distribution fields. At this circumstances, traditional markets cannot help suffering from serious contraction and market failure between highly advanced department store and internet based shopping mall giving lower prices and higher customer satisfaction program. In addition, traditional markets have made an critical role on our retail markets for a long time, but they confront a crucial crisis on nationwide owing to external markets circumstance change and internal factors. In this study, we made efforts to suggest rational political scheme to recover many difficulties as analyzing market factors affecting traditional market, such as, modernized management skill, specialized items, customers satisfactions program, and so forth.

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Afghanistan: Elite Tensions, Peace Negotiations, and the COVID Crisis

  • MALEY, WILLIAM
    • Acta Via Serica
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    • v.5 no.2
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    • pp.1-24
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    • 2020
  • Afghanistan has experienced more than four decades of severe disruption, ever since the communist coup of April 1978 plunged the country into a state of disorder that was then severely aggravated by the Soviet invasion of Afghanistan in December 1979. Despite the high hopes that accompanied the overthrow of the Taliban regime in 2001, Afghanistan's path in the first two decades of the 21st century has proved to be anything but smooth, and this article highlights a confluence of challenges - political, diplomatic, and societal - that Afghanistan presently faces, challenges that in large measure account for the profound uncertainty that clouds its future. The article is divided into four sections. The first provides some context for the discussion of these three challenges. The remaining sections investigate the particular challenges - intra-elite rivalries, a fragile and defective peace process, and the underreported but grave threat to life and limb in Afghanistan resulting from the COVID-19 pandemic - in more detail. Together, these challenges highlight the dangers of wishful thinking about harsh realities.

Looking Back to the European Disputes over the Second Iraqi War: Lessons Learned from the Division of Public Opinion in Europe

  • Chun, Kwang Ho
    • International Area Studies Review
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    • v.20 no.2
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    • pp.215-233
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    • 2016
  • In 2003, the differing stances about the war in Iraq created a major diplomatic crisis among European countries. Considering various clues which have steadily emerged, this paper refutes the relevance of the debate about weapons of mass destruction and analyses the real motivations for these distinct positions through Europe: the role of the US in the transatlantic relationship, expectations towards the EU and the weight of public opinion. Then, it examines how these intrinsic divergences of political views and interests explain the difficulties encountered in implementing the European Security and Defence Policy and concludes on the keys issues which need to be addressed.

LEARNING FROM THE SOUTH KOREAN RISK MANAGEMENT PLAN FOR THE SHIPBUILDING INDUSTRY DURING THE DIFFICULT 2004-2005 YEARS

  • Seng-Kiong Ting;Mengqiong Wang
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.990-994
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    • 2009
  • With the world in financial recession, the general trend of global trade is declining. As a result, the world leading shipbuilding industries are confronted with an even more difficult task of mitigating various risks associated with the industries. How well the three shipbuilding industries, Japan, Korea and China, can adapt and manage the risks will be crucial. As the youngest of the top three, the Chinese industry faces greater risks. As it happens to share many factors with that of South Korea in 2004-2005, it is necessary to review and evaluate the risk management plan used by South Korea. This paper presents an evaluation of the risk management plan for shipbuilding industry in South Korea during 2004-2005, considering the financial and political environments at that time. This will help us to structure a plan of risk management for the future.

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Church Education in the COVID-19 Era (포스트 코로나 시대의 교회교육)

  • Yu, Jae Deog
    • Journal of Christian Education in Korea
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    • v.63
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    • pp.13-37
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    • 2020
  • The World Health Organisation(WHO), paying attention to the spread and fatality of the coronavirus(COVID-19), which first occurred in Wuhan, China, declared a global emergency. Although many countries implement strict measures to slow down the spread, WHO officially declared a pandemic. COVID-19 has sparked fears of an impending economic crisis and recession. Due to the economic crisis caused by social distancing, self-isolation and travel restrictions, the collapse of the world economic system centered on free trade and the decline of globalization are mentioned. Political leadership that has not responded properly to the pandemic is challenged, and nearly all of society is rapidly changing to a non-contact and immobile culture. COVID-19 has seriously affected all levels of the education system, from preschool to tertiary education. The so-called old concept of deschooling is realizing in the field of education through digital media paradoxically. Church education is facing a serious crisis as well. Churches are seeking now a new normal that includes theological reflection on the pandemic, online worship, education, and non-face-to-face ministry to overcome the worst unexpected crisis. In the post-corona era, church education must actively seek alternatives in response to rapidly changing surrounding conditions and reconstruct educational philosophy(theology) that focuses on Christian values. In addition, it is necessary to start operating a mobile(or online) church school that combines offline and online. It is necessary to introduce 'Blended Learning' method that combines non-face-to-face and face-to-face learning, and by combining church school and homeschooling, churches and families need to share the responsibility of education in faith.

Influence of Liquidity on the Housing Market before and after Macroeconomic Fluctuations (거시경제변동 전후 유동성이 주택시장에 미치는 영향 분석)

  • Lee, Young-Hoon;Kim, Jae-Jun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.5
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    • pp.116-124
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    • 2016
  • In the past, once apartments were built by housing construction companies, their presale went smoothly. Therefore, the developer and construction companies in Korea were extremely competitive in the housing market. However, when the 1997 foreign exchange crisis and 2008 global financial crisis occurred, the quantity of unsold new housing stocks rapidly increased, which caused construction companies to experience a serious liquidity crisis. This paper aims at analyzing the influence of Liquidity on the Housing Market before and after Macroeconomic Fluctuations using VECM. The periods from September 2001 to September 2008 and from October 2008 to October 2015, which were before and after the Subprime financial crisis, were set as Models 1 and 2, respectively. The results are as follows. First, it is important to develop a long-term policy for the housing transaction market to improve household incomes. Second, due to the shortage in the supply of jeonse housing, structural changes in the housing market have appeared. Thus, it is necessary to seek political measures to minimize the impact of transitional changes on the market.

Thailand in 2016: The Death of King Bhumibol Adulyadej and the Uncertainty in Political Economy (태국 2016: 푸미폰 국왕의 서거와 정치·경제적 불확실성)

  • KIM, Hong Koo;LEE, Mi Ji
    • The Southeast Asian review
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    • v.27 no.2
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    • pp.245-271
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    • 2017
  • The purpose of this study is to examine and assess the major characteristics and changes of politics, economy, and diplomacy in Thailand in 2016. Specifically, it reviewed the New Constitution that was passed in 2016, the confrontation between different political forces and the trend of military regime around the New Constitution, and the political instability caused by the accession of the new king to the throne. This study also set out to figure out changes to the economy and foreign relations of the country, including its relations with South Korea, under the military regime and make predictions for the impact and future prospects of King Bhumibol Adulyadej's death on the politics and economy of the country. In 2016, the politics of Thailand took a step further toward the transfer of power to civil government and established a foundation for an authoritarian system. The draft of the New Constitution, which does not seem to be democratic, was approved by a referendum and enabled the military authorities to continue their political interventions, even after the general election. The New Constitution, in particular, reduces the power of political parties itself in addition to simply keeping the Thaksin's party in check; thus, anticipating ongoing conflicts between the military authorities and political parties. In this situation, the absence of King Bhumibol Adulyadej, who used to play a decisive role in promoting the political stability of the country, and the accession of the new king to the throne raise concerns about the acceleration of political instability, which has continued after the coup and influenced the diplomatic relations of the country. Today, Thailand is distancing itself from Western nations that do not recognize the current military regime including the U.S.A. and EU member states and instead maintains a rapidly friendly and close relation with China. In 2016, the economy of Thailand made a gradual recovery rather than high growth. The death of King Bhumibol Adulyadej has exerted limited direct economic impacts only on individual consumption and tourism and is not likely to cause a recession. An economic crisis will, however, be unavoidable if the political confrontations escalate before the general election to transfer power to the civil government.

A Critical Review on the Critical Communication Studies in Korea (한국의 비판언론학에 대한 비판적 성찰: 문화연구와 정치경제학을 중심으로)

  • Cho, Hang-Je
    • Korean journal of communication and information
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    • v.43
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    • pp.7-46
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    • 2008
  • The purpose of this essay explores a critical review of the Korean critical communication studies focused on the problematic of cultural studies and political economy in 2000s. The findings are as follows; The 'consumer turn' or 'audience turn' in new revisionism modelling John Fiske's cultural studies has been interpreted not to complement but to substitute the necessary criticism of the post-authoritarian media establishment of Korea at that time, arising identity crisis of Korean cultural studies as one of the critical camp. On other side, however, some political economy studies close to the unilinear theses of orthodox marxism has been appraised to neglect the complex process and structure of media and cultural production as well. While the press war between the market-dominant dailies and some progressive dailies has given rise to a whole debate as expected in consolidating period of Korean emerging democracy, the conjucturalism as modelled by Hall's 'authoritarian populism' failed to initiate a new theo tical practice in Korea. Finally, this review essay propose the some new research issues that would converge cultural studies and political economy, modernism and postmodernism; citizenship vs 'cultural citizenship'(valuing the private identity and gender) or Habermasian public sphere vs 'cultural public sphere', the culture of production, (modern)citizen/(postmodern)consumer(recently debated in English media policy), 'differentiation' in capitalist production and 'difference' in consumer sovereignty, 21c future vision of public service broadcasting as one of the 20c institutions.

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