• Title/Summary/Keyword: Socio-Economic Development

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Directions for improvement and development of the government statistical activities (統計行政의 발전방향)

  • 김경중
    • The Korean Journal of Applied Statistics
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    • v.1 no.1
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    • pp.1-11
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    • 1987
  • The Government is making every effort to improve the quality of statistics as well as the statistical system as a part in the sixth Five-year Economic and Social Development Plan which started from 1987. With regard to development plan, this paper is aiming to show the directions for improvement and development of the government statistical activities conforming to new socio-economic situation by reviewing and analysing the developing stage and the current circumstances and problems of statistics.

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A Study on Facilitation Factors of Foreign Direct Investment Inflows in the World - Focusing on national macro socio-economic Factors - (세계 해외직접투자 유입 촉진에 관한 연구 -국가별 거시적 사회·경제 변수를 중심으로-)

  • Hong, Seung-Gee;Kim, Moo-Soo
    • Korea Trade Review
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    • v.43 no.2
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    • pp.47-67
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    • 2018
  • The purpose of this study is to determine factors of FDI inflows which positively influence economic development. While MNCs ultimately decide on which country to engage in FDI, it can be affected by the general investment environment of host countries. Thus, it may be closely linked to national macro socio-economic factors. In the fixed-effect panel regression analysis using 30 years of data of 13 developed countries and 15 developing countries, results indicate that labor redemption exerts the greatest influence on global FDI inflows; this implies that FDI decisions are based on locations featuring higher productivity by the reduction of labor costs. According to the level of economic development, the motive of FDI inflows differs. In developed countries, GDP, government expenditure and consumer expenditure exert the greatest influence on FDI inflows; which shows characteristics of market seeking and horizontal investment. However, in developing countries, labor redemption and human capital exert the greatest influence on FDI inflows; which shows characteristics of efficiency seeking and vertical investment.

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Socio economic Approach to the Chronic State of Famine and Exploitation of Famine Relief Food in the Later Half of Chosun Period (조선후기(朝鮮後期) 기근(飢饉) 만성화(慢性化)와 구황식품(救荒食品) 개발(開發)의 사회(社會).경제적(經濟的) 고찰(考察))

  • Kim, Hee-Sun;Kim, Sook-Hee
    • Journal of the Korean Society of Food Culture
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    • v.2 no.1
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    • pp.81-92
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    • 1987
  • This treatise deals with chronic state of famine and exploitation of famine relief food in the later half of Chosun Period and especially in relation with socio-economic changes. There with the impact of socio-economic factors on the chronic state of famine and exploitation of famine relief food is studied mainly with a literary approach. The influential factors which lead to the chronic state of famine were not only climatic restrictions such as flood and drought but socio-economic factors such as foreign invasion (Japanease invasion and Ching's invasion), frequent breaking out of revolt and technological development of agriculture (rice transplantation). And disorder of land system and cultivation of cash crops by the richer peasantry, lowering the economic status of the poorer peasantry who were a major constituents of the population, aggravated the famine state. Because the poorer peasantry were under the shortage of food, they had to seek something edible in the fields and mountains. In this process various kinds of famine relief foods were exploited by the poorer peasantry. The majority of famine relief foods were wild vegetables. Consequently the Chronic state of famine was a cause to introduce various edible wild vegetables into Korean food, which influenced modern vegetarian food habits and firmed the Korean's favorite taste to be hot and salty. These wild vegetables couldn't have a marvelous effect on the relief of starved people. Potatoes and sweet potatoes, which were newly introduced foreign crops, were encouraged to be cultivated for famine relief. But these tubers, unable to be staple food, didn't contribute to an increase in population.

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A Study on the Analysis of Attracting Factors for Global Foreign Direct Investment Inflows

  • Kim, Moo-Soo;Lee, Chan-Hee
    • Asia-Pacific Journal of Business
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    • v.13 no.1
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    • pp.37-52
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    • 2022
  • Purpose - The objective of this study is to investigate what motivates global FDI inflows in the different economic development level and to clarify the FDI motivation type in the level of qualitative economic growth. Design/methodology/approach - Major macroscopic social·economic factors induced FDI inflows were analyzed using fixed-effect panel regression with 30-year panel data of 28 countries from 1985 to 2014. For analysis in the stage of economic growth, two category of developed and developing countries was used. And to analyze FDI motivation type in the level of qualitative economic growth, 4 shares of GDP; consumption·government·investment expenditure and export, was used as explanatory variable. Findings - In developed country, TFP(total factor productivity) and GDP have a great influence on FDI inflows, and consumption and labor compensation have a slight effect. This result indicates that the market seeking-driven, horizontal type investment is shown along with efficiency seeking investment. In developing country, human capital and TFP is shown to have greater impact on FDI inflows and labor compensation, exports, investment and government expenditures also have impacts. Thus it has confirmed that not only efficiency-seeking vertical investment for using low cost well educated laborer, but also government-driven economic growth and export policies could affect the FDI inflows. Research implications or Originality - The FDI investment decision making of multinational companies is decided by their own purpose. But, in the concept of as follows; 1) FDI is a long-term capital flowing for maximization of economic utility with limited global resource, 2) Thus FDI could be affected by macro socio·economic factors of host country. 3) Also such macro factors is different by each economic growth qualitative level. Therefore macro socio·economic factors of each country could be affected by the qualitative level of their own economic growth. To attract FDI inflows, it is desirable to implement differentiated incentive policies in the qualitative level of economic growth. Furthermore in developing countries it is recommended to implement government driven economic growth policies as follows; fostering well educated human resources, improving technology productivity in the relative lower cost labor market compared to developed countries and boosting international export volume.

Process and Prospect of Marine Ranching Project in Korea

  • Kim, Jong-Man;Myoung, Jung-Goo;Park, Chul-Won
    • Journal of Aquaculture
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    • v.16 no.1
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    • pp.59-65
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    • 2003
  • General aspect of marine ranching programme in Korea was introduced. It contains the status of Korean fisheries industry, background and the scope of ranching project being conducted by KORDI since 1996. Long term plan for the marine ranching programme as a national project is also introduced including socio-economic analysis of project as well as economic impact of investment.

Identifying Supply-demand Relationships on Ecosystem Services Using Socio-ecological Approach in Gyeong-gi Province (사회-생태계 이론을 활용한 경기도 지역 생태계서비스 공급-수요관계 분석)

  • Park, Yoon-Sun;Kim, Choong-Ki;Lee, Jae-Hyuck;Song, Young-Keun;Hong, Hyun-Jeong
    • Journal of Korean Society of Rural Planning
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    • v.27 no.3
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    • pp.35-46
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    • 2021
  • Ecosystem services play a role in promoting sustainable development by contributing to human welfare. For sustainable development, a balance between supply and demand for ecosystem services must be made. In this regard, in this study, factor analysis was performed using the results of measuring ecosystem services for the supply of ecosystem services and national statistical data representing socio-economic factors for demand for ecosystem services The results of analysis for Gyeong-gi Province are as follows. The service supply based on the result of ecosystem services was divided into the mixed service provisioning as factor1, the food provisioning as factor2, and the P retention service provisioning area as factor3. As for the demand for services based on socio-economic factors, factor1 is divided into urbanized areas, factor2 is forest development area, and factor3 is agricultural activity development area. Local governments that maintain balance were evaluated as Pocheon, Yangpyeong, Icheon, Pyeongtaek, Goyang, Suwon, Gwangmyeong, and Osan, and imbalanced local governments appeared in Gimpo, Uiwang, Anseong, and Yeoju. A management plan to maintain the balance between supply and demand of ecosystem services was suggested. The analysis method and results of this study are expected to be applicable to various local governments through regional expansion.

An Overview of the Microfinance Sector in Bangladesh

  • Mia, Md Aslam
    • Asian Journal of Business Environment
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    • v.7 no.2
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    • pp.31-38
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    • 2017
  • Purpose - While microfinance institutions(MFIs) from Bangladesh, such as Grameen Bank, received worldwide recognition and the Nobel Peace Prize in 2006, however, there is a paucity of research that provided a comprehensive discussion on the characteristics of the microfinance industry. Hence, the aim of this paper is to discuss some important aspects of the microfinance sector in Bangladesh. Research design, data, and methodology - This study used secondary sources of data, such as annual reports of the Microcredit Regulatory Authority (MRA) and the World Bank database in its descriptive analysis. Results - This study found that Bangladesh has made remarkable progress in her socio-economic and economic development in the last few decades. It is also generally perceived that microfinance has placed significant contribution on such socio-economic development. While microfinance observed unprecedented growth domestically, however, the regulatory framework is still rather weak, and a majority of the MFIs are found to be concentrated in the well-off areas (e.g., Dhaka, Chittagong etc.). Conclusions - The findings are significantly important for the parties who are interested to know the microfinance sector in Bangladesh. To some extent, the findings of this study will provide policy implications that may benefit the industry.

Globalization and Industrial Development: The Nigerian Perspective

  • Adefolaju, Toyin
    • East Asian Journal of Business Economics (EAJBE)
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    • v.5 no.1
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    • pp.1-9
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    • 2017
  • Nigeria like many other developing countries' eagerness to accelerate socio-economic development has prompted her to adopt several approaches over the years since independence. These have ranged from the import substitution scheme, the indigenisation policy, and structural adjustment programme to the national economic empowerment development strategy. Nigeria has sought to widen her economic base by engaging in increased cross-border trade and investment activities. This is with a view to spurring the process of industrialization and ultimately lowering the level of poverty in the country. This has led to the formulation of various industrial policies and processes, all geared towards integration into the world economy. Using secondary sources, this paper seeks to analyze Nigeria's journey towards industrial development especially within the context of globalization. It concludes by explaining the impact of the new economic paradigm on the country's quest to industrialize and recommends alternative path towards development and growth.

Factors Affecting the Development of Cultural Tourism in the Mekong Delta, Vietnam

  • NGUYEN, Chi Hai
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.3
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    • pp.123-133
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    • 2022
  • Cultural tourism is a form of tourism based on national cultural identity with the participation of the community to preserve and promote traditional cultural values. Cultural tourism is a trend of many countries in the world, it is suitable for the context in the Mekong Delta, Vietnam. Cultural tourism is very good for poverty reduction activities, so it is considered a direction of socio-economic development. The study's goal is to look at the factors that influence the development of cultural tourism in Vietnam's Mekong Delta. Survey findings from 1275 survey samples in the Mekong Delta, Vietnam, were used to compile the research data. Cronbach's Alpha reliability coefficient; exploratory factor analysis EFA; CFA confirmatory factor; SEM linear regression analysis are used to analyze and assess scales using SPSS 20, AMOS 24 software. According to the findings of the SEM model study, there are six factors that influence the development of cultural tourism in the Mekong Delta of Vietnam, including policy development tourism, infrastructure for tourism, human resources for tourism, tourism resources, geographic location, tourism products, and services. A discussion on administration is proposed to the development of cultural tourism in the Mekong Delta, Vietnam, based on the research findings.

A Study of Urban Housewives Financial Stress, Coping Strategies and Their Economic Well-Being (도시주부의 재정 스트레스, 대처행동 및 경제복지감 연구)

  • 유을용;계선자
    • Journal of Families and Better Life
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    • v.21 no.2
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    • pp.155-173
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    • 2003
  • The purpose of this study was to gain an understanding about urban housewives' stress in family financial management, their coping strategies, and their sense of economic well-being, which will eventually provide some baseline data for policy development. The findings of this study are summarized in the following. First, the mean score of the level of financial management-related stress among urban housewives was 2.61 when the maximum level was set at 5. In order to overcome the stress from financial management, housewives utilized various strategies, such as purchasing management, financial planning, financial information gathering, getting a loan, and delaying payments. The average level of economic well-being among urban housewives was 2.82 when the maximum level was 5. Second, among socio-demographic factors, the family's monthly income and the husband's job satisfaction were the two most significant factors that affected the level of financial management stress among housewives. Third, there was a difference in employing coping strategies according to the level of stress. The group with a higher level of financial stress employed more coping strategies than the group with, a lower level of stress. Fourth, there were differences in the level of economic well-being, depending on the types of coping strategies employed. Fifth, the results from regression analyses, which were conducted to determine the relative explanatory power of different independent variable groups including subjective factors, financial management stress, and coping strategies, showed that socio-demographic and objective economic factors significantly affected economic well-being.