• 제목/요약/키워드: Political Risks

검색결과 81건 처리시간 0.026초

어음을 이용한 포페이팅의 법적 원리 (Some Rules of Law for Forfaiting Using Bills of Exchange or Promissory Notes)

  • 허해관
    • 무역상무연구
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    • 제43권
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    • pp.169-198
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    • 2009
  • This paper sees some legal phases of the forfaiting transactions performed by using bills of exchange (drafts) or promissory notes. It focuses on the issues of the endorsement without recourse and the aval under the Korean statute for such negotiable instruments which is enacted by succeeding to the Convention Providing a Uniform Law For Bills of Exchange and Promissory Notes (Geneva, 1930) of the League of Nations. This paper purposes to give basic legal guides for forfaiting participants in order for them to be able to prevent and solve some problems caused by lack of understanding for relevant rules of law. Forfaiting is a useful technic as it provides financing for international export businesses by enabling forfaiters to discount future payment obligations on non-recourse basis. It gives benefits to exporters by removing political, transfer and commercial risks of importers or their country. Also it protects exporters from the risks of the increase of interest rates and the fluctuation of exchange rate as well. In traditionally normal forfaiting transactions, exporter of goods generally takes promissory notes or accepted drafts from importers in payment for the price of goods. Further, when the exporter is not comfortable with the importer's credit or is not confident whether the importer will pay the accepted drafts or the promissory notes as they come due, the exporter nomally requires the importer to make the importer's bank (avalizer or guarantor) add an aval, which is made by the written expression of intention, the words of "per aval", and the guarantor's signature on the drafts or promissory notes. The exporter endorses without recourse to transfer the drafts or the promissory notes to the forfaiter, typically a bank, who purchases the drafts or the promissory notes without recourse.

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경제적${\cdot}$재무적 타당성분석 단계에서의 리스크 관리절차 연구 (Risk Management Process through a Phase of $Economic{\cdot}Financial$ Feasibility Study)

  • 박영민;김수용
    • 한국건설관리학회:학술대회논문집
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    • 한국건설관리학회 2003년도 학술대회지
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    • pp.454-459
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    • 2003
  • 인프라 시설에 대한 투자와 같이 대형 프로젝트를 진행하는데 있어서 타당성분석은 프로젝트 전체 투자의 규모, 기간 등을 결정하는 기초자료의 역할을 하게 된다는 점에서 매우 중요하다. 하지만 국내에서 수행된 타당성 분석의 경우 평가 기준이 불분명하고, 평가 방법이 체계적이지 못한 등 많은 문제점들을 가지고 있다. 이에 본 연구에서는 타당성분석의 많은 문제점들 중에서 최근 그 중요성이 더욱 더 커지고 있는 경제적 타당성분석 및 재무적 타당성분석에 따르는 문제점을 정리하고 개선책을 제시하는 한편, 타당성분석 과정에서 예측 가능한 리스크를 식별 이론적, 정책적 관리 방안을 이용한 프로세스 통하여 투자자나 사업주체로 하여금 리스크를 관리 할 수 있는 방안을 제시하였다.

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The Impact of Climate Change on Agriculture and Adaptation in Nepal

  • Pandey, Chandra Lal
    • Agribusiness and Information Management
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    • 제4권1호
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    • pp.13-23
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    • 2012
  • Understanding climate change is not only complex but also extensive. Humanity has never embarked on such a huge challenge of trans-national scope: a problem that began in the past continues now and will be continuing for a long time in the future. Nepalese have also significantly felt the impact of global climate change. The scenarios of climate change indicate that the increased temperatures will cause snow-melt which will result in floods, droughts, and uneven weather patterns. The impact of such unexpected climate hazards and weather patterns have already been felt and will continue to be felt in Nepal. These climate change-induced hazards and risks particularly threaten the agriculture sector, which results in food insecurity and makes poor and vulnerable people face increasingly unanticipated impacts to their lives and wellbeing. This paper explores the climate vulnerability of the Nepalese in terms of their physical, social, economic and primarily agricultural losses due to the increasing impact of climate change. The paper argues the need for a timely adaptation of measures to maintain an environment suitable for agriculture and for the well-being of the population residing in the area.

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기후변화로 인한 고온의 미래 사망부담 추정 (Estimation of Future Death Burden of High Temperatures from Climate Change)

  • 양지훈;하종식
    • 한국환경보건학회지
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    • 제39권1호
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    • pp.19-31
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    • 2013
  • Objectives: Elevated temperatures during summer months have been reported since the early 20th century to be associated with increased daily mortality. However, future death impacts of high temperatures resulting from climate change could be variously estimated in consideration of the future changes in historical temperature-mortality relationships, mortality, and population. This study examined the future death burden of high temperatures resulting from climate change in Seoul over the period of 2001-2040. Methods: We calculated yearly death burden attributable to high temperatures stemming from climate change in Seoul from 2001-2040. These future death burdens from high temperature were computed by multiplying relative risk, temperature, mortality, and population at any future point. To incorporate adaptation, we assumed future changes in temperature-mortality relationships (i.e. threshold temperatures and slopes), which were estimated as short-term temperature effects using a Poisson regression model. Results: The results show that climate change will lead to a substantial increase in summer high temperature-related death burden in the future, even considering adaptation by the population group. The yearly death burden attributable to elevated temperatures ranged from approximately 0.7 deaths per 100,000 people in 2001-2010 to about 1.5 deaths per 100,000 people in Seoul in 2036-2040. Conclusions: This study suggests that adaptation strategies and communication regarding future health risks stemming from climate change are necessary for the public and for the political leadership of South Korea.

진출국 제도가 해외 자회사 운영 방식 선택에 미치는 영향에 관한 연구 (The Effects of Institutions on Foreign Subsidiary's Operational Mode of Korean Firms)

  • 이응석
    • 국제지역연구
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    • 제22권1호
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    • pp.61-78
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    • 2018
  • 해외직접투자에서 자회사 운영방식은 크게 수평적 자회사와 수직적 자회사로 구분할 수 있다. 이와 같은 자회사의 운영방식은 진출국의 제도에 따라 차이를 보인다. 본 연구는 제도이론관점에서 국내 전기전자 및 자동차산업의 해외직접투자 기업을 대상으로 진출국 공식적, 비공식적 제도가 해외 자회사 운영 방식선택에 미치는 영향을 실증 분석하였다. 실증분석결과, 진출국 정치적 위험정도가 낮을수록, 문화적 차이가 클수록 수직적 자회사를 선택하는 것으로 나타났다. 반면에 진출국 부패지수가 낮을수록, 경제자유도가 높을수록 수평적 자회사를 선택하는 것으로 나타났다.

Protection of Information Sovereignty as an Important Component of the Political Function of the State

  • Zadorozhnia, Halyna;Mykhtunenko, Viktoriia;Kovalenko, Hanna;Kuryliuk, Yurii;Yurchenko, Liubov;Maslennykova, Tetiana
    • International Journal of Computer Science & Network Security
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    • 제21권9호
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    • pp.151-154
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    • 2021
  • State information policy is an important component of foreign and domestic policy of the country and covers all spheres of society. The rapid development of the information sphere is accompanied by the emergence of fundamentally new threats to the interests of the individual, society, state and its national security. The article considers the components of the state information policy to ensure information security of the country and identifies the main activities of public authorities in this area. Internal and external information threats to the national security of Ukraine and ways to guarantee the information security of the country are analyzed. Information security is seen as a component of national security, as well as a global problem of information protection, information space, information sovereignty of the country and information support of government decisions. Approaches to ensure the process of continuity of the information security system of the state in order to monitor new threats, identify risks and levels of their intensity are proposed.

Development of a multi criteria decision analysis framework for the assessment of integrated waste management options for irradiated graphite

  • Abrahamsen-Mills, Liam;Wareing, Alan;Fowler, Linda;Jarvis, Richard;Norris, Simon;Banford, Anthony
    • Nuclear Engineering and Technology
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    • 제53권4호
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    • pp.1224-1235
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    • 2021
  • An integrated waste management approach for irradiated graphite was developed during the European Commission project 'Treatment and Disposal of Irradiated Graphite and other Carbonaceous Waste'. This included the identification of potential options for the management of irradiated graphite, taking account of storage, retrieval, treatment and disposal methods. This paper describes how these options can be assessed using multi-criteria decision analysis (MCDA) for a case study relating to a generic power reactor. Criteria have been defined to account for safety, environmental, economic and socio-political factors, including radiological impact, resource usage, economic costs and risks. The impact of each option against each criterion has been assessed using data from the project and the wider literature. A linear additive approach has been used to convert the calculated impacts to scores. To account for the relative importance of the criteria, example weightings were allocated. This application has shown that MCDA approaches can be used to support complex decisions regarding irradiated graphite management, accounting for a wide range of criteria. Use of this approach by individual countries or organisations will need to account for the specific options, scores, weightings and constraints that apply, based on their national strategies, regulatory requirements and public acceptability.

Decision Support System for Mongolian Portfolio Selection

  • Bukhsuren, Enkhtuul;Sambuu, Uyanga;Namsrai, Oyun-Erdene;Namsrai, Batnasan;Ryu, Keun Ho
    • Journal of Information Processing Systems
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    • 제18권5호
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    • pp.637-649
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    • 2022
  • Investors aim to increase their profitability by investing in the stock market. An adroit strategy for minimizing related risk lies through diversifying portfolio operationalization. In this paper, we propose a six-step stocks portfolio selection model. This model is based on data mining clustering techniques that reflect the ensuing impact of the political, economic, legal, and corporate governance in Mongolia. As a dataset, we have selected stock exchange trading price, financial statements, and operational reports of top-20 highly capitalized stocks that were traded at the Mongolian Stock Exchange from 2013 to 2017. In order to cluster the stock returns and risks, we have used k-means clustering techniques. We have combined both k-means clustering with Markowitz's portfolio theory to create an optimal and efficient portfolio. We constructed an efficient frontier, creating 15 portfolios, and computed the weight of stocks in each portfolio. From these portfolio options, the investor is given a choice to choose any one option.

Identification of Critical Success Factors (CSFs) for Public-Private Partnerships Across Infrastructure Sectors

  • Shrestha, Bandana;Shrestha, Pramen P.
    • 국제학술발표논문집
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    • The 9th International Conference on Construction Engineering and Project Management
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    • pp.83-90
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    • 2022
  • Public-private partnerships (PPP) projects are becoming popular in both developed and developing countries due to their ability to access new financing sources and transfer certain project risks to the private sector. PPP has been an active research area where the concept of Critical Success Factors (CSF) is often discussed by researchers. This study aims to identify the CSFs for various PPP infrastructure projects that have been explored in previous CSF studies. This article reviewed the literature about CSF in PPP projects from the years 2002 to 2021, compared the findings of studies regarding the identified CSFs, and consolidated the CSFs that can be applied to various PPP infrastructure projects. The results showed that dominant research focused on general infrastructure, where CSFs can be applied to all infrastructure sectors rather than any specific sector. The most identified CSFs from the study are favorable and efficient legal frameworks, appropriate risk allocation and sharing, a robust and reliable private consortium, a competitive and transparent procurement process, and political support and stability. The findings from the study can provide an overview of CSFs that are relevant to specific PPP infrastructure sectors like building infrastructure, transportation, water, etc. as well as for general infrastructure. In addition, the results can also be used for further empirical analysis.

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시나리오를 이용한 과학기술예측조사의 정책 활용도 제고에 관한 연구 : 신재생에너지 시나리오 (A Study on the Improvement of the Policy Utilization of Technology Foresight Using a Scenario : Renewable Energy Scenario)

  • 임현;한종민;손석호;황기하
    • 기술혁신연구
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    • 제18권1호
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    • pp.53-74
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    • 2010
  • 21세기 지식기반사회에서 기술 발전 속도는 가속화되고 있으며 조직 목표를 달성하는데 영향을 줄 수 있는 시장, 거버넌스 및 사회적 가치의 미래 모습에 대한 불확실성이 증대하고 있다. 이러한 기술과 사회 발전의 가속화 및 증가하는 불확실성에 대응하기 위해서 다양한 미래사회 전망을 바탕으로 미래유망기술을 도출하는 기술예측의 필요성은 더욱 중요해지고 있다. 기술예측에는 다양한 예측 방법론이 이용 가능하나 예측의 목적 및 재원 등에 따라 선택되어야 한다. 델파이 방법이 오랫동안 주로 사용되어 왔지만 최근에는 시나리오 또한 많이 활용되고 있다. 시나리오는 사회, 경제 및 정치 등의 환경요인의 복잡성과 불확실성을 폭넓게 고려할 수 있으며 미래의 다양한 모습을 이야기 식으로 전달하기 때문에 매우 효과적인 전략적 도구로 활용된다. 전 세계적으로 진행되고 있는 기후변화, 화석연료의 고갈 등으로 세계 각국은 신재생에너지에 대한 높은 관심을 갖고 기술개발 및 보급 등을 적극적으로 추진하고 있다. 하지만 신재생에너지 분야의 가용잠재량은 지역적으로 큰 편차가 있으며 기술적 진보, 환경규제 및 화석연료의 가격전개와 밀접하게 연관되어 있어 그 발전추이를 예측하기 어려운 면이 있다. 이에 본 연구는 이러한 불확실성을 반영하여 신재생에너지 분야에 대한 다양한 미래 시나리오를 작성하고 시사점을 도출하였다. 향후 본 연구의 시나리오 기반의 예측 프로세스를 국가과학 기술예측에 활용함으로써, 기존의 델파이 위주의 단정적 예측의 단점을 보완한 전략적 예측을 강화할 수 있을 것으로 전망된다.

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