• Title/Summary/Keyword: Regional financial institutions

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A Fundamental Study on Heat Pump System for Classroom using River Water (하천수를 이용한 교실 냉난방 열펌프 시스템의 기초연구)

  • Baik, Seung-Moon;Moon, Choon-Geun;Yoon, Jung-In;Jeong, Seok-Kwon;Park, Jong-Un
    • Journal of Fisheries and Marine Sciences Education
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    • v.16 no.2
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    • pp.181-186
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    • 2004
  • The current situation of heating and cooling system of the classrooms of our country is rather poor compared not only to those of the developed nation's classrooms but also in case of other buildings such as financial institutions, office compounds. In winter, especially students have been in hatred state with respect to their health due to the fact that the heater is operated by petroleum. Korea has been heavily dependent on foreign nations for the very fact of importing energy in the form of oil or natural gas. So it is important to conserve energy and the picture with respect to energy remains similar till today as it was in long past periods. The purpose of this study is to contribute actively in energy economy and facilitate towards a healthy school life of students and other institutions proving a system of extracting energy from river water and then converting it into heat which can stand as an effective alternate of expensive oil or gas. Installing oil-stove based heating system at classrooms of school could get considerable attentation in several respects. The proposed heat energy could be collected unlimitedly both in time and in amount. The stable and uninterrupted heat energy from river water, optimally utilizing the typical-regional and geographical characteristics has the potential to be long-lasting in duration, cheap in energy economy and beneficial to health as well.

Researched and Analyzed Variables for Pollution Waters around the "Kosova B" Thermal Power Plant

  • Musliu, Adem;Musliu, Arber;Baftiu, Naim
    • International Journal of Computer Science & Network Security
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    • v.22 no.9
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    • pp.109-116
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    • 2022
  • The energy corporation of Kosovo continuously monitors and analyzes the impact of its own activities on the environment. Regarding the environmental situation, energy corporation of Kosovo- ECK regularly informs and reports objectively to the competent state institutions, local municipal institutions and interested parties. ECK, through numerous contacts with the competent authorities, firstly with different ministers, harmonizes the positions regarding environmental issues in the direction of achieving certain environmental standards or legal requirements in order to gradually be in accordance with them, based on the real possibilities, especially the financial ones. From this point of view, the environmental issue is very sensitive, quite complex and represents one of the biggest challenges of society currently and in the future. The researched variables show a continuous increase in the need for electricity production in Kosovo and this increase in production conditions a wide range of environmental impacts both at the local, regional and global levels. The aim of the work is to reduce the emission of pollutants through the main variables without inhibiting the economic development of the country, i.e. to bring the pollution as a result of the activities of the ECK operation into compliance with the permitted environmental norms. As a result of ECK's operational activities, the following follows: Air pollution mainly as a result of emissions from TCs in the air, transport, etc. Water pollution - as a result of technological water discharges, Land degradation - as a result of surface mining activities of the entire mining area. The purpose of the paper is to research and analyze the main water variables in the area of the Kosova B power plant, which is to determine the degree of their pollution from the activities of the power plants, as well as to assess the real state of surface water quality and control the degree of pollution of these waters. Methodology of the work: The analyzes of the water samples were done in the company Institute "INKOS" JSC by simultaneous methods using different reagents.

Marine Environment Protection in Northeast Asia and NOWPAP: Achievements and Challenges (북서태평양실천계획의 성과와 과제)

  • Chung Suh-Yong
    • Journal of the Korean Society for Marine Environment & Energy
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    • v.9 no.2
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    • pp.120-129
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    • 2006
  • This paper aims at investigating the developments and challenges of Northwest Pacific Action Plan (NOWPAP), a regional cooperation mechanism to protect marine environment in Northeast Asia. As one of 16 UNEP's Regional Seas Program, NOWPAP has evolved since its inception in 1994. Based on the belief that a cooperative institution may work more efficiently to address common regional concerns on marine environment, China, Japan, Russia and South Korea have developed NOWPAP under the UNEP's leadership. NOWPAP now has its own independent secretariat, and 4 regional activity centers while expanding its partnership with other institutions. However, NOWPAP must address several challenges that it now faces for better achievement of its goals. They include consideration of unique geopolitical situation in this region, participation of North Korea, incorporation of sustainable development concept in its activities, reconsideration of equal opportunity principle for more efficient cooperation, and securing sufficient financial resources.

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E-Banking Performance in Uganda: A Case Study of Bank of Uganda

  • Nuwagaba, Alfred
    • East Asian Journal of Business Economics (EAJBE)
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    • v.3 no.2
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    • pp.13-20
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    • 2015
  • Online or e-banking has been adopted as key banking innovation in Uganda adopted by all financial institutions in the country. This research explored the state of e-banking and its efficacy in Uganda banking industry. A correlation analysis approach was adopted for this research. In Uganda, the banking sector has been liberalized with telecommunications allowed to effect e-banking and ecommerce transactions. The study concentrated on the periods of years 2011/2012 and 2012/2013. Findings from this research revealed that BOU uses UNISS for real time gross settlement (RTGS). Since its adoption a +1 coefficient correlation was realized. With the use of mobile money, also a +1 coefficient correlation was achieved for the period under consideration. As regards the use of e-cheques, there was a drop reflected by -2.8 percent which could have been attributed to perception of the users, though there was a +1 coefficient correlation when considering e-cheque transactions and the monetary value. The use of EFT in Uganda generated a +1 coefficient correction considering the number of users and the monetary value involved. Bank of Uganda should work hard and make or go live with electronic banking supervision software which would aid them with their supervisory roles.

The Problems of Housing: The Case of the Marginalized in the City of Bangalore, India

  • Gowda, Krishne;Sridhara, M.V.
    • Land and Housing Review
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    • v.4 no.2
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    • pp.153-165
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    • 2013
  • Deficiency in access to housing is a major manifestation of poverty. In the city of Bangalore, the poor and the marginalized constitute nearly 30 percent of the 8.47 million population (2011 Census) and are living in the nearly 640 slums in addition to squatter settlements and pavements. The city sprawls over an area of 741 sq. kms (2007 estimates) and the poor have very little access to personal living space. According to the Integrated Housing and Slum Development Program guidelines, each household with four average members should have 25 sq. meters of living space. In the case of poor of Bangalore, the attainment of even this minimum is a far cry. In recognition of this acuteness with regard to the problem of housing, the government has introduced schemes like the Jawaharlal Nehru National Urban Renewal Mission and the Rajiv Awas Yojana. And these schemes have witnessed only a limited success. Whenever the problem of housing for the urban poor is considered, the state and location of slums get into focus. The people living in slums are a crucial and inevitable support to the city economy. Relocation of slum people is fraught with loss of productivity and strain on the transport system and on the incomes of the poor. Their needs like housing, schooling, health centers, creches, hospices etc. have to be provided for. Financial support to the poor with regard to their housing needs will have to be imaginatively provided by banks and related institutions.

A Study on the Ownership and Governance Structure of Fisheries Cooperative (수산업협동조합의 소유지배구조에 관한 연구)

  • 남수현
    • The Journal of Fisheries Business Administration
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    • v.33 no.2
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    • pp.99-125
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    • 2002
  • Fisheries cooperative requires dual characteristics in performing its original function. Economic characteristic as an business enterprise and democratic characteristic as cooperative entity need to complete its objectives and survive in the complex rapidly-changing environment. After IMF crisis, fisheries cooperative received enormous government's financial support and credit-business department is perfectly under government's control. Regional fisheries cooperative also faces business failure, therefore pure cooperative movement can't save the fisheries cooperative. Economic characteristic as an business enterprise is more emphasized than democratic characteristic as cooperative entity in recent years. The theory of corporate ownership and governance can be applied to explain the ownership and governance of fisheries cooperative because fisheries cooperative is now similar to an business enterprise. During the IMF crisis the board, the auditors and the minority shareholders in business enterprise were revealed to be powerless against the mighty influence of controlling shareholders. Unconstrained discretion exercised by those controlling shareholders not only led to the firms'insolvency, but also brought down the country's financial system. During the past few years, Korea has experienced many institutional changes regarding its corporate governance structure. The introduction of outside directors, the strengthening of minority shareholders' rights, and enhanced accounting transparency are achieved to improve the efficiency of economic system. Investors, including institutional and individual, also seem to be more aware of governance issues now. Credit-business department of fisheries cooperative is recommended to introduce the institutions same as the case of the corporate governance structure. Fisheries cooperative except economic and credit-business department requires other prescriptions because it is emphasized as democratic cooperative entity. But we should be careful to interpret the ownership and governance structure because they are products of nations, eras and organizations.

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Development of an Assistant Model for Child Care Accreditation (보육시설 평가인증 조력 현황분석 및 조력체계 개발)

  • Hwang, Ock Kyeung
    • Korean Journal of Childcare and Education
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    • v.3 no.2
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    • pp.123-146
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    • 2007
  • This study has attempted to suggest an assistant model for systematic child care accreditation. This has been carried out from the current consciousness of such needs for child care accreditation as large regional disparity in assistant level, no indication to definite contents and method of assistance, demand for assistant professionals with intensified capacity and requirement for the support of financial and human resources. Six stages of assistant process: the stage of establishment and management of preparation class, the stage of application for assistance and consultation, the stage of assistant meeting, the stage of workshop and observation to exemplary institutions, and the stage of practical application and evaluation of visiting assistance have been suggested. Particularly in order to improve the efficiency of assistance, organization of a committee of expert advisors in each area has been indicated. For the guideline of assistant management, operation of preparation class for accreditation, security of assistant committee members, provision of systematic training and assistant manual, development of supervision program and financial support have been suggested. This assistant manual will contribute to systematic and efficient conduct of assistance program of child care accreditation.

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International Monetary System Reform and the G20 (국제통화제도의 개혁과 G20)

  • Cho, Yoon Je
    • KDI Journal of Economic Policy
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    • v.32 no.4
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    • pp.153-195
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    • 2010
  • The recent global financial crisis has been the outcome of, among other things, the mismatch between institutions and the reality of the market in the current global financial system. The International financial institutions (IFIs) that were designed more than 60 years ago can no longer effectively meet the challenges posed by the current global economy. While the global financial market has become integrated like a single market, there is no international lender of last resort or global regulatory body. There also has been a rapid shift in the weight of economic power. The share of the Group of 7 (G7) countries in global gross domestic product (GDP) fell and the share of emerging market economies increased rapidly. Therefore, the tasks facing us today are: (i) to reform the IFIs -mandate, resources, management, and governance structure; (ii) to reform the system such as the international monetary system (IMS), and regulatory framework of the global financial system; and (iii) to reform global economic governance. The main focus of this paper will be the IMS reform and the role of the Group of Twenty (G20) summit meetings. The current IMS problems can be summarized as follows. First, the demand for foreign reserve accumulation has been increasing despite the movement from fixed exchange rate regimes to floating rate regimes some 40 years ago. Second, this increasing demand for foreign reserves has been concentrated in US dollar assets, especially public securities. Third, as the IMS relies too heavily on the supply of currency issued by a center country (the US), it gives an exorbitant privilege to this country, which can issue Treasury bills at the lowest possible interest rate in the international capital market. Fourth, as a related problem, the global financial system depends too heavily on the center country's ability to maintain the stability of the value of its currency and strength of its own financial system. Fifth, international capital flows have been distorted in the current IMS, from EMEs and developing countries where the productivity of capital investment is higher, to advanced economies, especially the US, where the return to capital investment is lower. Given these problems, there have been various proposals to reform the current IMS. They can be grouped into two: demand-side and supply-side reform. The key in the former is how to reduce the widespread strong demand for foreign reserve holdings among EMEs. There have been several proposals to reduce the self-insurance motivation. They include third-party insurance and the expansion of the opportunity to borrow from a global and regional reserve pool, or access to global lender of last resort (or something similar). However, the first option would be too costly. That leads us to the second option - building a stronger globalfinancial safety net. Discussions on supply-side reform of the IMS focus on how to diversify the supply of international reserve currency. The proposals include moving to a multiple currency system; increased allocation and wider use of special drawing rights (SDR); and creating a new global reserve currency. A key question is whether diversification should be encouraged among suitable existing currencies, or if it should be sought more with global reserve assets, acting as a complement or even substitute to existing ones. Each proposal has its pros and cons; they also face trade-offs between desirability and political feasibility. The transition would require close collaboration among the major players. This should include efforts at the least to strengthen policy coordination and collaboration among the major economies, and to reform the IMF to make it a more effective institution for bilateral and multilateral surveillance and as an international lender of last resort. The success on both fronts depends heavily on global economic governance reform and the role of the G20. The challenge is how to make the G20 effective. Without institutional innovations within the G20, there is a high risk that its summits will follow the path of previous summit meetings, such as G7/G8.

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The Effects of Local Government Capacities on the Improvement of Air Pollution in China (중국 지방정부 역량이 대기오염 개선성과에 미치는 영향)

  • Hong, Zhe;Park, In Kwon
    • Journal of the Korean Regional Science Association
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    • v.33 no.4
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    • pp.29-42
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    • 2017
  • This study aims to analyze the effect of local government capacities on the improvement of air pollution. For this purpose, we construct a dynamic panel model using a data set for air pollutants such as $SO_2$, $CO_2$, and particulate matters and the local governments' capacities for Chinese Provinces in the period of 2007 - 2014. The results show that of the three types of capacities, the organizational capacity measured by environmental personnel, environmental expenditures, and average size of environmental institutions is very important, while the institutional capacity and social capacity have a insignificant impact on the air quality improvement. Among the local government capacities, other than the organizational capacity, only the activity of environmental organizations, which is a social capacity, partially affects the improvement of air pollution. Regarding local conditions, vertical dependence of financial resources, GRDP per capita, and population density have a negative impact on improving air pollution. These findings provide implications for local governments in China as to what capacities they should improve to improve air pollution.

Location and Linkages of Small Firms in the Greater Cincinnati Metropolitan Area, Ohio (소규모 기업의 입지 및 연계구조 관한 연구 -미국 오하이오주 씬씨내티 대도시 지역의 경우-)

  • Lee, Bo-Young
    • Journal of the Korean association of regional geographers
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    • v.5 no.1
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    • pp.121-135
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    • 1999
  • This study investigated the location conditions, spatial linkage structures, and firm specific problems of small firms of the Greater Cincinnati metropolitan area by sectors and by areal distribution. The major locational advantages were closeness to customers and suppliers followed by accessibility to inter-state highways. These results were supported by spatial linkage structures in which within-region linkages occupied a greater portions of linkage, showing the importance of small firms in the regional economy. The linkage patterns showed distance decay effect with high elasticity. While there were no significant differences of locational conditions and spatial linkage structures of small firms between core and peripheral area, a slight difference was identified among sectors. Chemical related manufacturing firms show different locational conditions and spatial linkage structure with weak within-local linkages. The main locational disadvantages were lack of qualified labor, undesirable neighborhood, heavy tax, and space shortage. Considering the biggest problems such as lack of qualified labor, difficulties in sales/marketing, low accessibility to financial resource, and technological inability, the inter-related cooperative business networks among firms and regional institutions, consulting companies, chamber of commerce, and universities are needed to stimulate regional economic development and survival of small firms.

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