• Title/Summary/Keyword: Trade Protection Policy

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The Impact of Income Inequality on Economic Growth: Empirical Evidence from Vietnam

  • HIEN, Luong Quang
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.305-312
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    • 2022
  • Each country's economic progress creates opportunities for its citizens to raise their income. Meanwhile, the country has secured the people's social security policies, particularly the protection of income equality, to promote harmonious and sustained economic development. Vietnam has been located in a dynamic economic development area in Southeast Asia since the 1986 economic reforms, with an annual growth rate of around 7%. Meanwhile, having achieved a middle-income status of roughly 3500 USD per person per year, Vietnam is attempting to maintain income equality and access to welfare systems for its inhabitants. As a result, the primary goal of this study is to use an autoregressive distributed lagged model to investigate the effects of income inequality and other economic factors such as foreign direct investment and trade openness on Vietnam's economic growth from 1992 to 2019. The research focuses attention on literature on income inequality, economic development indicators, and economic development in unique ways in this study. Income inequality slows the rate of change in economic development in the same year, according to our findings. Finally, the study will make policy suggestions to the Vietnamese government.

Big Data Strategies for Government, Society and Policy-Making

  • LEE, Jung Wan
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.475-487
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    • 2020
  • The paper aims to facilitate a discussion around how big data technologies and data from citizens can be used to help public administration, society, and policy-making to improve community's lives. This paper discusses opportunities and challenges of big data strategies for government, society, and policy-making. It employs the presentation of numerous practical examples from different parts of the world, where public-service delivery has seen transformation and where initiatives have been taken forward that have revolutionized the way governments at different levels engage with the citizens, and how governments and civil society have adopted evidence-driven policy-making through innovative and efficient use of big data analytics. The examples include the governments of the United States, China, the United Kingdom, and India, and different levels of government agencies in the public services of fraud detection, financial market analysis, healthcare and public health, government oversight, education, crime fighting, environmental protection, energy exploration, agriculture, weather forecasting, and ecosystem management. The examples also include smart cities in Korea, China, Japan, India, Canada, Singapore, the United Kingdom, and the European Union. This paper makes some recommendations about how big data strategies transform the government and public services to become more citizen-centric, responsive, accountable and transparent.

EU's Environmental Regulations and the Countermeasures of the Firm in External Area -Focusing on the Cases in the Electrical and Electronic Industry- (EU 환경규제와 역외기업의 대응 -전기.전자산업의 사례 중심으로-)

  • Myung, Chang-Sig
    • Management & Information Systems Review
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    • v.22
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    • pp.167-191
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    • 2007
  • The EU has introduced various environmental protection policies and regulations which are stricter than accepted international standards. WEEE, RoHS, and EuP directives in the Electrical and Electronic Industry could have a direct effect on our exports to EU countries. To gradually enlarge exports to the EU, it is necessary to have a precise understanding of the EU's environmental regulations and prepare the relevant countermeasures to adequately cope with them. Korean companies should formulate concrete plans to meet the EU's environmental regulations in those industry. In order to decrease the negative effects that environmental regulations of EU give to Korea, the corporations and the government should change their present passive environmental policy and carry out the environmental- friendly policy. If Korean companies can adequately meet the standards set by the environmental policies and regulations of the EU, it will greatly enhance the competitiveness of companies in this market.

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Arbitration awards against public policy; in regards to economic sanctions (공서양속에 반하는 중재판결: 경제제재에 대한 분석을 중심으로)

  • Han, Soomin;Kim, Jinbi;Lee, Jaehyuk
    • Journal of Arbitration Studies
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    • v.34 no.1
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    • pp.27-50
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    • 2024
  • This paper examines issues concerning conflicts between arbitral awards and public interests, particularly with respect to economic sanctions. Sanctions have been widely used by political entities, such as States and organizations, as means to promote public interests and to resolve cross-border disputes. In particular, economic sanctions have been increasingly more visible in recent years due to the accelerating fragmentation of the international communities, and their magnitude and range of the impacts have grown accordingly. For example, the U.S. and the EU have imposed economic sanctions on Russia and related persons in response to Russia's invasion of Ukraine. The U.S. recently re-introduced a comprehensive economic sanction on Iran. One of the notable impacts of the sanctions, particularly economic sanctions, is that on international arbitration. Sanctions are essentially built on the notion of the protection of public interests, and public interests are some of the few grounds upon which recognition and enforceability or arbitral awards may be rejected. However, jurisprudence on such conflict between sanctions and arbitral awards have not been sufficiently addressed in Korea because court case and administrative decision records on this conflict have not been sufficiently accumulated. In this regard, this paper begins with offering a survey of the concept of public interests, economic and trade sanctions, arbitral awards and their enforceability, and the relationships between them. It then examines the mechanism upon which public interests, trade and economic sanctions may lead certain arbitral awards unenforceable. Next, the paper suggests judiciaries' balanced approach toward the public interests protected by trade and economic sanctions and the predictability and fairness in the enforcement of arbitral awards. Finally, this paper concludes with the methods of the implementation of such balanced approach.

Development of the Evaluation Criteria for the Usefulness of Biological Resources (생물자원의 유용성 평가 기준 개발)

  • Lee, Hyun-Woo;Kim, Dong-Wook;Won, Hyo-Sig
    • Journal of Environmental Policy
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    • v.12 no.4
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    • pp.3-21
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    • 2013
  • This research aims to analyze the usefulness of biological resources from the perspective of the users from various angles and after taking these factors into consideration, provide policy implication and scientific criteria for judging and choosing useful biological resources. Among biological resources defined in CBD, the subject of the research was confined to the biological resource as a unit which can be actually used in benefit sharing and trade. Also, among diverse values of biological resources, the usefulness was assessed focusing on the utility value and scarcity. Usefulness was rated on a scale of 1 to 5 (5 grades). The rating was adjusted for the biological resources that need to be managed as a part of the management policy. It is expected that the criteria of this study will be useful for the following: (1) the procurement of biological resources in the need for primary protection and management (2) the utilization of secured biological resources by analyzing their utility value and using them in biological resources industry (3) securement of sovereignty over biological resources, such as prior access permit under the Nagoya protocol, through management and protection of biological resources in Korea.

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Duty-Free Electronic Commerce and The Rules of The WTO (전자상거래 무관세화와 WTO 규범)

  • 정순태
    • The Journal of Information Technology
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    • v.4 no.2
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    • pp.103-115
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    • 2001
  • This paper seek to clarify a narrow set of policy issues relating to the international trade aspects of electronic commerce. It focuses, in particular, on the WTO decision not impose customs duties on electronically delivered products. The decision on duty-free commerce is intended to contribute to the growth of electronic commerce by providing a guarantee of open trading conditions, but the significance of the decision may have been exaggerated. In particular, the prohibition of customs duties does not ensure continued open market access for electronically delivered products and may even prompt recourse to inferior instruments of protection. Accordingly, barrier-free electronic commerce would be more effectively secured by deepening and widening the limited cross-border trade commitments under the GATS and by clarifying and strengthening certain GATS disciplines.

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Research on The Development Strategy of Chinese Cross-Border E-Commerce SMEs under the Background of COVID-19

  • Shulei BI
    • Journal of Distribution Science
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    • v.21 no.10
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    • pp.1-9
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    • 2023
  • Purpose: This study analyses the current development of cross-border e-commerce in China, outlines the challenges faced by Chinese cross-border e-commerce SMEs, and finally summarises the development strategies of Chinese cross-border e-commerce SMEs in the post-covid-19 era, which will provide opinion references for the development of Chinese cross-border e-commerce SMEs. Research design, data and methodology: The methodology used in this study is to analyse the current situation of cross-border e-commerce development in China in the context of covid-19 through literature; and to summarise the challenges encountered by Chinese cross-border e-commerce SMEs through semi-structured interviews. Results: The article summarises the current status of China's cross-border e-commerce development in the context of covid-19 in terms of cross-border e-commerce trade volume, cross-border e-commerce enterprise and user scale, cross-border e-commerce logistics, cross-border e-commerce global co-operation, government policy, and cross-border e-commerce product distribution, outlining challenges encountered by China's cross-border e-commerce SMEs in terms of logistic pricing, operating capital chain, product service support, and trade protection The paper Finally, it is pointed out that Chinese cross-border e-commerce SMEs must adopt new strategies to adapt to the new development in the context of covid-19. Conclusions: Specific development strategies are provided for Chinese cross-border e-commerce enterprises and reference suggestions are provided for the post-covid-19 era.

A Study on the Management Risk Factors of Korean Firms in China (국내 중소·벤처기업의 중국진출 경영위험요인에 관한 연구)

  • Lee, Dong-Hoon;Lee, Dong-Myung
    • Korea Trade Review
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    • v.42 no.1
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    • pp.1-25
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    • 2017
  • By applying the AHP(Analytic Hierarchy Process), we have analyzed the importance and the order for priorities to the management risk factors of Korean SMEs & Venture companies in China. The major management risk factors of manufacturing companies were the rise in labor costs followed by fierce competition in the marketplace, problems involved with human resource management and the rise in the cost of materials. In the case of companies manufacturing electronic products, the rise of labor costs and alteration in government's tax policy were seen as the main risk factors. In the case of chemical product manufacturing companies, the reinforcement of environmental protection law and in automobile component manufacturing companies, apart from the rise in labor cost, the increase in raw materials costs were analyzed as the main risk factors. While considering the time period, the main risk factors of the companies that entered China in the 1990's were fierce competition and alteration in government's tax policy and for the companies that entered China in the 2000's, increase in raw material cost, the rise in labor cost etc were analyzed to be the main risk management factors.

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The Problem of Fisheries Economics Arising from the Liberalization of korean Economy (개방화시대의 수산경제학의 과제)

  • 이승래
    • The Journal of Fisheries Business Administration
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    • v.24 no.1
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    • pp.65-86
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    • 1993
  • In this paper, fishery economics is reviewed to extend a basic opportunity for developing new fishery economics and to evaluate the effects of the import liberalization on the fish trade structure of Korea. The principle outline of extensions emphasis to realize the modern fishery problems based on fishery economics and develop the practical methodology in order to analyze the impacts of the import liberalization on the fishery and fishermen welfare. During the process of export - oriented industrilization, the role and position of fishery in the economy is changed dynamically. When faced with the imperative of the role and position of fishery in the economy, fishery economists and domestic policy makers must decide how to organize themselves for solving fishery problems under the new regime in the import liberalization on the fish trade. Fishery problems impacted by the new regime can not be solved by fishery itself but be solved by the centralized efforts of all contributors in national views. Therefore the new systematic analytical methodology must be develop and the traditional fishery economics must be related to the regional development strategy and fishery sociology as subsidiary theories specialized. Due to the impacts of the import liberalization on the fish trade structure, fishery economists face with radical changes in the domestic fishery : a place of the resources harvest to place of the combination resource harvest and its demand, a fishing as a resource exploitation to a fishing as a resource management, a traditional small scale costal fishing to a modernized and scaled fishing, fishery using the given natural resource itself to fishery as technology intensive industry, and a food supply industry to a welfare indusry based on the regional and economic resource and social environment. As these changes, fishery and its community's regional and economic resource and social environments as multiple roles of the regional economic development are emphasized in fishery economics under the new regime in the import liberalization on the fish trade. Furthermore, domestic policy makers and administrators in a public sector must realize the above radical changing trends in fishery and understand a social and economic environment in fishery and develop a new fishery structure focusing on the fishing system and the fishery laws. As this point, they make efforts to improve and develop fishery as a food supply industry. Japan, for example, has a non - governmental organization to conflict the problem of international fishery such as a movement of a civil environmental protection. Also fishermen in Japan already realized conservation and pollution problems in fishing as fundamental issues of human being.

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Autonomic Computing Architecture for Privacy Protection in Ubiquitous Environment (유비쿼터스 환경에서 개인정보보호를 위한 오토노믹 컴퓨팅 아키텍쳐)

  • Lee, Taek;Lim, Jung-Eun;In, Hoh Peter
    • Proceedings of the Korean Information Science Society Conference
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    • 2004.04a
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    • pp.274-276
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    • 2004
  • 기존의 컴퓨팅환경에서 유비쿼터스 컴퓨팅 환경으로의 전환이 이루어지면서 사용자는 언제 어디서나 네트워크에 연결될 수 있다. 이는 역으로 말하면 언제 어디서나 사용자의 정보가 네트워크에 유출될 수도 있다는 것을 의미한다. 컴퓨팅 환경에서 보안성과 편리성의 추구는 서로 상반되는 Trade-off 문제이다. 이 논문에서는 오토노믹 컴퓨팅(Autonomic Computing)의 개념 [1, 2]을 이용, 정해진 개인정보 보호정책(Privacy Policy)에 기반 하여 개인정보를 보호하고 서비스 사용자의 환경 변화에 대안 상황인지(Situation-Aware)를 통해 유연한 개인정보 보호정책을 적용할 수 있는 아키텍쳐를 제안함으로서 보안성(개인정보보호)과 편리성(사용자 개입의 최소화)의 문제를 다루어보았다.

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