• Title/Summary/Keyword: South Korea's economic development

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Competitiveness Evaluation Factors and Strategic Development for the Port of Busan using the SWOT·AHP Method (SWOT·AHP를 이용한 부산항 경쟁력 평가요인과 발전방향에 관한 연구)

  • Chae, Gi-Young;Lee, Chul-Yong
    • Journal of Korea Port Economic Association
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    • v.36 no.1
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    • pp.105-128
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    • 2020
  • This study suggests a strategic direction for developing the Port of Busan based on evaluating and prioritizing the relative importance of competitiveness factors for ports using SWOT analysis and the analytic hierarchy process (AHP) method. The Port of Busan is the world's sixth largest container port and the largest port in South Korea. The Port of Busan constitutes a key industrial infrastructure for an exporting country. Despite the economic and industrial importance of the Port of Busan, little research has examined its strategic development. This study derives a SWOT matrix for evaluating the competitiveness of factors from previous studies and expert reviews, and it constructs a hierarchical analysis structure model based on the SWOT matrix. To deduce a strategic direction for developing the Port of Busan, a questionnaire based on SWOT·AHP was distributed to industrial and academic associations to prioritize competitive factors. This study presents four strategic tactics based on strengths (S), weaknesses (W), opportunities (O), and threats (T) (S/O, S/T, W/O, and W/T) as strategic directions for developing the Port of Busan. This study will contribute objectively to the overall effort by the government to improve the operation of the Port of Busan and establish development strategies.

How Presidential Evaluations Affect South Korea's Local Elections? (대통령의 국정운영이 지방선거에 미친 영향: 제7회 전국동시지방선거에서 나타난 대통령 지지 효과 분석)

  • Park, Jeeyoung;Chang, Kiyoung
    • Korean Journal of Legislative Studies
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    • v.25 no.1
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    • pp.79-106
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    • 2019
  • Local governments within the boundaries of a state need increasing flexibility to satisfy diverse economic, social, and environmental goals in their particular geographical setting. However, many candidates in the local election in South Korea tend to see local politics as an extension of national-level politics. In particular, this paper mainly deals with how the voters' evaluation of a president's performance has influenced subnational elections in South Korea. Our analysis suggests that the fate of candidates in subnational elections is shaped by the performance of the incumbent president in both economic development and foreign affairs.

The Development Strategies of the Port of Busan in the Midst of Rapidly Growing Chinese Economy (중국 경제의 급부상에 따른 부산항의 발전전략)

  • 배병태
    • Journal of Korea Port Economic Association
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    • v.18 no.2
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    • pp.109-133
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    • 2002
  • The China entered World Trade Oganization(WTO) last year, thus opening its border to more - and freer - trade. With its foreign trade rapidly expanding and with economic growth continuing at a substantial -rate, China will be the largest container traffic generating country in the world. In the light of this potential trade bonanza, regional ports in North-East Asia strive to gain a competitive-edge. The Port of Busan, the world's third largest container port, wants to capture a significant share of the china's container cargoes. In this circumstance, development strategies of the Port of Busan are suggested as follows. First, to cope with increasing volumes, the New Busan Port on Gaduk island should be constructed without failure. Second, it is necessary to add modernized high-performance gantry cranes and to train crane operators' skill. Third, it needs to apply Dwell Time- Sliding Scale System for transshipment cargoes. Fourth, it needs to develop the EDI network in terminal areas or adjacent hub ports to exchange trustworthy and satisfactory informations Fifth, port authority -needs to enlarge designated Free Trade Zone to facilitate the free flow of cargoes. Sixth, the restoration of rail links between North and South Korea is abundantly clear. Thus it needs to enlarge railroad facilities in advance. Seventh, it needs to establish the Port Authority of Busan immediately. Finally, it needs to strengthen port sales and to open events like 'Marine Week 2001' regularly to attract potential canters or big shippers.

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Disability and Occupational Labor Transitions: Evidence from South Korea

  • RHEE, SERENA
    • KDI Journal of Economic Policy
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    • v.42 no.3
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    • pp.53-85
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    • 2020
  • We examine how certain occupational physical requirements affect labor transitions of disabled workers by exploiting a unique feature of South Korean Disability Insurance (DI), where award rules are based solely on an applicant's medical condition, independent of his previous occupations. We estimate the labor market response to a health shock by constructing a physical intensity measure from ONET and applying it to longitudinal South Korean household panel data. Our results suggest that health shocks initially lead to a 14 to 20 percent drop in employment and that this effect is greater for workers who previously held physically demanding occupations. Those who remain part of the labor market exhibit higher occupational mobility toward less physically demanding jobs. These findings imply that the magnitudes of income risks associated with health shocks vary depending on occupational and skill characteristics.

Dreams and Realities of Songdo Free Economic Zone - With Focus on the Relationship between Globalization and the State- (송도경제자유지구의 이상과 현실 - 세계화와 국가의 관계를 중심으로 -)

  • 김준우
    • Journal of the Economic Geographical Society of Korea
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    • v.7 no.2
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    • pp.245-260
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    • 2004
  • The author made two major arguments in this paper based on a case study on Songdo Free Economic Zone in South Korea. First, the state power is still being maintained when looking at the development process of the project. Planning and development has been mainly on the hands of government officials. The project reflect the logic of the state rather than the market. And the government tries to manage globalization through Songdo project. Second, even though globalization did not bring about the decline of the state, it changed the state's approach on spatial issues. Songdo is an articulate expression of pursuit of efficiency over equity with the rise of the globalization wave. Songdo also leaves the Korean state a task for consensus-building concerning liberalization.

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The Korea's Future ODA Policy Direction through Efficiency Analysis : Focusing on the Beneficiary Countries of ODA Projects Provided by Korea (공적개발원조 사업의 효율성 분석을 통한 미래 정책 방향성 : 우리나라 ODA 사업 수혜국을 중심으로)

  • Nam, Hyun-dong;Kim, Dae-cheol
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.3
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    • pp.1-10
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    • 2018
  • The purpose of this study is to improve effectiveness of Korea's Official Development Assistance (ODA) provided to developing countries. To do this, we analyze the efficiency of ODA provided to 38 recipient countries by Korea through data envelope analysis method. The effects of four factors including population, GDP, economic decline and poverty, and external intervention on efficiency are also investigated by utilizing tobit regression analysis. As a result of the DEA efficiency analysis, it is found that the average efficiency score of the total is about 59%. By region, the average efficiency score of Asia, Africa, Central and South America, and the East and CIS (Commonwealth of Independent States) are about 42%, 68%, 70%, and 74%, respectively. It indicates that the Asian countries are inefficient compared to countries of the other regions. It is also found that factors of population, GDP, economic decline and poverty, and external intervention have statistically significant effects on efficiency at 0.01 significance level. In the case of the population, the higher the population of the recipient country, the more negative (-) effect is on the efficiency. The other factors such as GDP, economic decline and poverty, and external intervention have positive effects on the efficiency.

Sustainable Development and Korea's Intangible Cultural Heritage Policy (지속가능개발과 한국무형문화유산정책)

  • Kim, Yong Goo
    • Korean Journal of Heritage: History & Science
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    • v.49 no.3
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    • pp.256-269
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    • 2016
  • In September 2015, the United Nations (UN) has adopted the 2030 Agenda for Sustainable Development as a goal of the international community to push forward from the year 2016 to 2030. Accordingly, the United Nations Educational, Scientific and Cultural Organization(UNESCO) has established a new chapter on sustainable development and intangible heritage the through revision of the Operational Directives for the Implementation of the Convention for the Safeguarding of the Intangible Cultural Heritage. Although Sustainable development is a fundamental principle of the Convention for the Safeguarding of the Intangible Cultural Heritage, it is believed that the Convention has not provided guidelines of safeguarding intangible cultural heritage for sustainable development. The Operational Directives provide States Parties with guidelines on the integration of sustainable development and safeguarding of the intangible cultural heritage. Intangible Cultural Property Institution of South Korea was designed to preserve the traditional culture in the economic development process of the industrialization since the 1960s. The institution played a role of cultural support on the development of the modern concepts. Now South Korea should implement intangible cultural heritage policy combined with sustainable development while succeeding the efforts from the former development. This study examines the meaning of sustainable development and how it should be implemented in the intangible cultural heritage policy in South Korea. And this study suggests that the South Korea's intangible cultural heritage policy should foster sustainable development particularly along with social development and human development.

A Study on Limits to Promoting SMEs Networking Policies for Urban Economic Development in South Korea: Centering on the Case of Daegu City (도시경제발전을 위한 중소기업 네트워킹 정책 활성화의 한계에 대한 연구 -대구광역시의 사례를 중심으로-)

  • Kim, Taewoon
    • Journal of the Economic Geographical Society of Korea
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    • v.16 no.3
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    • pp.472-491
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    • 2013
  • This research addressed limits to promoting SMEs networking programs, especially with universities, in the context of national and regional policies for urban economic development, centering on the case of Daegu City. In large cities such as Daegu City, the strategy focusing on promoting SMEs networking activities, utilizing the advantages of urban economy, is likely to be necessary for urban economic development in knowledge-based economy. However, national and regional policy direction for urban economic development relied on exogenous strategies attracting firms, and regional S&T policies focused on universities and research institutes rather than SMEs, being strongly initiated by central government. Thus, to promote policies supporting local SMEs networking in Daegu City was seen as being difficult. Under these circumstances, region-specific policies related to support networking activities of SMEs might be dealt with neglectedly.

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Latin American Regional Study Trend and Individual Nation Study (라틴아메리카 지역연구동향 및 개별국가연구)

  • Cha, Kyung Mi
    • Cross-Cultural Studies
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    • v.22
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    • pp.203-221
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    • 2011
  • With the beginning of systemized research on Latin American region as a part of the third world in the mid-60s, Latin American regional studies in Korea acquired a steppingstone for development through the establishment of Hankook University of Foreign Studies Central & South American Regional Study, the creation of Central & South America Research Center, and Latin American Society established in the mid-80s. Latin American regional studies achieved quantitative and qualitative growth with the natioal globalization policy in the 90s, and research centers related to Latin America in Seoul National University, Pusan University of Foreign Studies, Dankook University, and Sunmoon University have contributed to the activation of regional studies. In spite of such achievements, Latin American regional studies, which have developed with 40 years of history, still possess problems that need to be solved. This study achieves qualitative analysis on theses published from 2000 to March 2001 in main Latin America regional study academic journals in Korea to analyze Latin American regional study trend of the recent 10 years in order to search measures for activating Latin American regional studies. Academic journals used in analysis include "Ibero America Research" of Seoul National University Research Center of Central & South America, Spain, "Central & South America Research" of Hankook University of Foreign Studies Research Center of Central & South America, "Ibero America Research" of Pusan University of Foreign Studies Central & South America Center, and "Latin America Research" published by Latin American Society. According to analysis on publication ratio of published theses according to field, it was presented that culture and politics fields occupied the highest ratio. Social and cultural fields, the elementary studies of regional research which have previously presented a weak research tendency, have achieved noticeable development during the past 10 years. According to analysis on researched nations, Latin America regional study was weighted in particular nations, and nations of economic size and political influence within region were selected as main subjects of research. Furthermore, several nations were not researched at all. For the last 10 years, the depth and width of the Latin America regional study had been decided by the degree of political, economic, social, and cultural significance occupied by the nation. It can be said that studies based on overall understanding on regional countries of Latin America have been relatively weak in individual nation study. Furthermore, studies that separate issues to achieve analysis based on the awareness theory of individual branches can be regarded dominant among studies based on entire Latin America. These studies still possess limitations in failing to deviate from the outline of particular region and topic.

Analysis of Agricultural Regional Economic Effect by Spatial Dispersal of Wildfire in Korea (산불의 공간적 확산이 농촌지역경제에 미치는 영향 분석)

  • Kwon, J. Younghyun;Kim, Euijune
    • Journal of Korean Society of Rural Planning
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    • v.20 no.3
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    • pp.67-74
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    • 2014
  • The purpose of this study is to estimate regional economic effects of spatial diffusion of wildfire using Cobb-Douglas production function of agriculture and forestry. The analysis is applied to Gangwon and Gyeongbuk provinces where are the most damaged of wildfire in Korea. The damaged areas are derived from multiplied by the occurrence probability of wildfire and diffusion areas of wildfire for micro-spatial unit level with ArcGIS techniques. The models of wildfire provides that the spatial diffusion of wildfire increases with the rising of highest temperature and average wind speed. Through the production function, value added of Agriculture and Forest sectors get damaged where the Cos-converted slope aspect of mountains are toward the South. The production model provides reductions of regional value added by increasing damaged areas of wildfire. It reveals that the most damaged region is Andong city in Gyeongbuk province, where value added loss is 1.25 billion Won, which is about 0.72% of total value added in agriculture and forestry of the city. As a view of policy makers, it needs to be considered to establish prevention policies against wildfires because regional economic losses from wildfire are depending on geographical conditions and performances of the major industry related to wildfire's diffusion such as agriculture or tourism sector according to the result of analysis.