• 제목/요약/키워드: Regulatory Capital

검색결과 62건 처리시간 0.026초

유통산업의 경쟁촉진을 위한 규제개혁 방안

  • 김성철
    • 한국유통학회지:유통연구
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    • 제2권2호
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    • pp.153-172
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    • 1997
  • The distribution sector is affected by a wide range of regulations. Many of these are related to health and safety, others are related to urban planning and environmental issues, whereas some mainly have an economic basis. But, regulations many be unduly restrictive, in which case they can drive up costs and ultimately prices, or they may, in some cases, reduce consumer choice. Unduly restrictive regulations could also increase costs indirectly, by reducing competition and thus lead to lower productivity growth. In the past few years, distribution sector has gone through drastic changes due to deregulation and market opening. Implementation of regulatory reforms served as an opportunity to change laws and systems which had been an obstacle to development of distribution sector. Market opening of distribution sector became a turning point to promote competition among domestic and foreign firms. However, for small and medium scale of the typical retail enterprises which were in no position to compete in terms of prices, additional facilities, and services, faced a threat of diminished trading area, and even of their existence. Because, large firms may have greater market power than small firms, as they can more easily extract favorable terms when procuring goods, and may also be able to deter entry by advertising outlays or access to the best sites. In addition, larger chain stores armied with sufficient capital dominated trading area and reduced customer's welfare by abusing their monopoly power when competing with other shops, and are often cited as an example of adverse effects of local monopoly. In order to minimize such adverse effects and to foster competition, regulatory reforms in distribution sector should set its goal to promote sound and stable distribution activities through market principle and restoring competition principle, and ultimately to boost customers welfare. Therefore, deregulation in distribution sector should be implemented in a way to promote customers welfare, eliminate entry barriers, and expand competition principle such as productivity and efficiency competition. However, it should be also recognized that deregulation of system alone is not enough to develop the distribution sector. To compete in a increasingly concentrated industry, small enterprises increasingly engage in co-operative arrangements, such as buying groups, strategic alliances or franchise agreements.

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자원 순환형 산업개발의 유형 연구 (A Study on the Current Practice in Eco-Industrial Development)

  • 문석웅
    • 자원ㆍ환경경제연구
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    • 제12권2호
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    • pp.347-382
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    • 2003
  • 본 연구에서는 한국에서 생태적 산업개발을 추진할 경우에 선택할 수 있는 유형을 제시하고 있다. 즉, (1) 다양한 업종으로 구성된 생태산업단지 또는 생태산업 네트워크, (2) 클러스터와 제로 에미션 개념의 결합에 의한 부산물 교환 시스템, (3) 동종 산업으로 구성된 산업 단지에서의 제로 에미션 추구, (4) 포괄적인 지역개발 프로젝트로서의 EID 등이다. 국내에서 자원순환형 경제개발 정착을 위한 우선적 과제는 산업체들로 하여금 현재의 관행을 벗어나서 다른 기업과의 공생적 관계를 적극 모색하여 부산물교환을 촉진하는 제도적 여건을 조성하는 것, 산업체들이 부산물 활용 네트워크를 조직하는데 필요한 자금지원과 인센티브 도입, 부산물 교환을 위한 시장의 창출에 기여하는 정보네트워크의 구성, 산업체의 환경관련 교육 강화 등이다.

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

  • 조윤제
    • KDI Journal of Economic Policy
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    • 제32권4호
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    • pp.153-195
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    • 2010
  • 세계금융위기의 근본적인 원인은 시장과 제도의 괴리에서 나오는 '제도의 실패'라고 할 수 있다. 특히 현재의 국제통화제도는 무제도(non-system)나 다름없다고 할 수 있다. 현재 당면하고 있는 국제통화제도의 문제점들을 볼 때 개편 방향의 핵심은 (1) 수요 측면에서는 과대한 외환보유고를 축적하려는 인센티브를 어떻게 줄일 수 있을 것인가 하는 것이며, (2) 공급 측면에서는 현재 미국 달러화에 주로 의존하고 있는 제도를 탈피, 보다 다양한 국제통화 혹은 대체적 외화준비자산(SDR을 포함하여)으로 전환해 나가거나 혹은 보다 근본적인 개혁방안으로서 새로운 세계통화(global reserve currency)를 창출하는 것이다. 그리고 (3) 이러한 변화를 뒷받침 하기 위해 필요한 기구적 개편, 특히 IMF의 개혁을 추진하는 것이다. 이러한 개편은 현실적 국제역학관계로 볼 때 오직 점진적으로 일어날 수 있는 것이다. 따라서 현재 세계경제의 안정적 성장을 위해 중요한 것은 이러한 개편을 점진적으로 추진함과 동시에 주요국 간의 거시경제정책공조를 이뤄 나가는 것이다. 이러한 과정을 원활히 해나가기 위해서는 효율적인 세계경제 지배구조를 갖추는 것이 필수적이다. 세계금융위기 이후 출범한 G20 정상회의가 효율적인 협의체가 되기 위해서는 의사결정이 원활히 이루어질 수 있는 방안과 장치를 세워나갈 필요가 있다. 사무국(secretariat) 혹은 그와 유사한 기능을 행사할 수 있는 조직의 설립과 위원회제도 같은 것을 활용할 필요가 있을 것으로 보인다.

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콜센터 상담직원의 직무특성이 이직의도에 미치는 영향 : 셀프리더십의 조절효과를 중심으로 (The effect of call center agent job characteristics on turnover intention : focused on moderating effect of self leadership)

  • 오종철;안운석
    • 벤처혁신연구
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    • 제1권1호
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    • pp.145-164
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    • 2018
  • 본 연구는 콜센터 상담직원의 감정노동 직무특성이 이직의도에 영향을 미치는 과정에서 직무소진과 심리적자본의 역할을 규명하는 것을 목적으로 한다. 또한 콜센터 상담사의 이직의도를 낮출 수 있는 방법으로 셀프리더십의 역할을 실증분석을 통해 검정한다. 본 연구의 목표는 첫째, 콜센터 상담사의 감정노동 직무특성이 직무소진과 심리적 자본에 미치는 영향을 검정한다. 둘째, 콜센터 상담사의 직무소진과 심리적 자본이 이직의도에 미치는 영향을 검정한다. 끝으로 상사의 셀프리더십의 역할을 검정하기 위해 콜센터 상담사의 직무특성, 직무소진, 심리적 자본 및 이직의도에 영향을 미칠 때 셀프리더십이 조절효과를 나타내는지를 검정한다. 연구결과 표면행위와 긍정규범은 직무소진에 유의한 영향을 미치지 않았으나, 시간적압력, 자율성결여, 공간적제약은 콜센터 상담사의 직무소진에 영향을 미치는 요인으로 나타났다. 또한 직무소진은 이직의도에 유의한 정(+)의 영향이 있는 것으로 나타났다. 끝으로 셀프리더십은 공간적 제약이 직무소진에 영향을 미칠 때 유의한 조절효과를 나타내는 것으로 나타났다.

A Legal and Policy Analysis of KRW Internationalization from the Perspective of Offshore Circulation

  • Son, Sam-Ho
    • 유통과학연구
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    • 제11권3호
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    • pp.23-29
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    • 2013
  • Purpose - Recently, the Korean government is seeking to internationalize KRW and reduce its heavy reliance on the U.S. dollar and better cope with risks from external turbulence. However, there has been too little study on this subject in comparision with its importance. The main objective of the paper is to distinguish the descrete stages of the KRW internationalization and recognize the costs and benefits of each stage. Research design, data, methodology - In order to achieve its goal, this study accomplishes a formal policy analysis based on potential factors of currency internationalization and an examination of legal practices in relation to Foreign Exchange Transaction Regulation (the Regulation). Results - This study found that securing monetary policy may not be easy under liberalized capital account for a small open economy like Korea in view of the trillema. In addition, the inherent ambiguity of the Regulation may increase the costs of KRW internationalization. Conclusions-This study revealed the negative system for the control of foreign exchange of the Korean government. The excessive regulatory restrictions on foreign exchange may hinder the process of KRW internationalization. Some legal and policy reforms are needed to improve related regulation and infrastructure.

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크라우드펀딩 법제에 관한 비교연구 (A Comparative Study on the Regulatory Framework of Crowdfunding)

  • ;김현수
    • 기업가정신과 벤처연구
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    • 제19권1호
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    • pp.1-16
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    • 2016
  • 전 세계는 크라우드펀딩이라는 금융 혁명에 진입하고 있다. 미국, 이탈리아, 영국 및 일본은 이미 증권형 크라우드펀딩을 법제화하였고, 한국도 스타트업 기업 및 중소기업의 원활한 자금조달을 위하여 2015년 7월 증권형 크라우드펀딩을 법제화하였다. 이 연구는 공모 및 투자 한도, 중개업자 및 발행인의 요건 측면에서 미국, 이탈리아, 영국, 일본 및 한국의 크라우드펀딩 규제 체계를 살펴본다. 이를 통하여 한국의 크라우드펀딩에 관한 시사점을 도출하고, 크라우드펀딩을 통한 자금 조달을 촉진하기 위하여 자본시장과 금융투자업에 관한 법령의 개정 사항을 제안하고 있다.

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A Global Green Recovery, the G20 and International STI Cooperation in Clean Energy

  • Barbier, Edward B.
    • STI Policy Review
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    • 제1권3호
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    • pp.1-15
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    • 2010
  • This paper makes the case that a new policy strategy to enhance a global green recovery is needed urgently. The new strategy requires two essential elements. First, G20 economies should follow the lead of South Korea and China and turn their green stimulus investments into a serious long-term commitment, and to support these investments, they should adopt environmental pricing policies and instigate pricing and regulatory reforms to reduce carbon dependency. Second, the G20 also needs to target and coordinate assistance to developing economies in science, technology and innovation (STI) for clean energy. Such assistance is essential to help developing economies to overcome the skills, technological and capital gap that they face in clean energy technologies over the long term. Reform of the Clean Development Mechanism (CDM) is also necessary to establish a long-term global price signal for carbon, and to increase the coverage of developing economies, the sectors and technologies and the overall financing of clean energy projects. Formulating such a policy strategy should appeal to both the Asian-Pacific and Western economies comprising the G20, and by working together to formulate such a strategy, the G20 could lead the way toward a new era of global economic management and STI cooperation in clean energy.

Determinants of Micro-, Small- and Medium-Sized Enterprise Loans by Commercial Banks in Indonesia

  • YUDARUDDIN, Rizky
    • The Journal of Asian Finance, Economics and Business
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    • 제7권9호
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    • pp.19-30
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    • 2020
  • This paper investigates, in a single equation framework, the effect of bank-specific and macroeconomic determinants on micro-, small- and medium-sized loans by commercial banks in Indonesia. This study uses a sample of 790 observations from 79 commercial banks in Indonesia over the years 2006-2015. This study uses two estimation methods for our panel regressions: static and dynamic generalized method of moments (GMM) panel estimator. In static relationships, the literature usually uses the least square methods on fixed effects (FE) or random effects (RE). I found evidence that all banks, bank profitability and size are positively and significantly related to micro-, small- and medium-sized loans, while the coefficients of liquidity are significantly positive in all specifications, except government banks which is significantly negative. The relationship between risk and credit growth is negative for non-government banks. All estimated equations show that the effect of the capital variable on lending banks to MSMEs is not important in government banks and non-government banks. Finally, macroeconomic variables, such as inflation and gross domestic product, clearly affect the lending of the banking sector particularly non-state banks. The findings have several policy implications to Indonesia government, regulatory authority and bank managers in order to improve bank profitability through bank lending.

Conceptual Principles of the Transformation of Industrial Parks into Eco-Industrial Ones in the Conditions of Sustainable Development

  • Shevchuk, Nataliia;Tulchynska, Svitlana;Severyn-Mrachkovska, Liudmyla;Pidlisna, Olena;Kryshtopa, Iryna
    • International Journal of Computer Science & Network Security
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    • 제21권12호
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    • pp.349-355
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    • 2021
  • The article investigates the conceptual principles of transformation of industrial parks into eco-industrial ones in the conditions of sustainable development. It is substantiated that the concept of sustainable development in the transformation of industrial parks is to grow industry and jobs, modernize production and introduce innovative technologies, resource and energy efficiency, reduce greenhouse gas emissions and waste storage, social protection of local communities and create favorable infrastructure. It is determined that for the transformation of industrial parks, it is necessary to improve regulatory changes, introduce criteria for compliance of industrial parks and the importance of their consideration, ensure park management by the management company and create favorable incentives for industrial entry into industrial symbiosis. It is proved that industrial parks can be an incentive for industrial development and competitiveness of enterprises. The availability of talented human capital, attractive territories, minerals, energy and mineral resources, developed domestic market, agricultural potential, transport networks is becoming an attractive place for investment and development. Industrial parks need investment. Transformation into eco-industrial parks through the implementation of sustainable development goals opens additional opportunities for access to investment funds and contributes to the implementation of growth and prosperity strategies of the country.

Legal Stability and Determinants of Insurance Development in the Middle East and North Africa Region (MENA)

  • BEN DHIAB, Lassad;DKHILI, Hichem
    • The Journal of Asian Finance, Economics and Business
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    • 제9권2호
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    • pp.141-149
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    • 2022
  • Despite the importance of the insurance business for financial and economic development, few studies have looked at the factors that influence its growth. This research adds to the body of knowledge by empirically examining the impact of numerous factors on the development of the insurance business in 15 Middle East and North African (MENA) countries from 2000 to 2017. The study looks at macroeconomic, demographic, and institutional factors as potential drivers of the insurance industry's growth, with the insurance premium as a percentage of GDP as the dependent variable. All variables are stationary at the first difference, according to the IPS panel unit root test. The Pedroni residual cointegration test, Kao residual cointegration test, and Johansen-Fisher panel cointegration tests are then used to look for long-run associations. The cointegration tests strongly suggest that the insurance premium and the various variables have long-run correlations. Findings from the Fully-Modified OLS imply that GDP per capita, gross capital formation, and the KOF economic globalization index have a positive long-term impact on the insurance business. The insurance business is also driven by combating corruption and the rule of law. The population and regulatory quality, on the other hand, have no significant impact.