• Title/Summary/Keyword: Unification Costs

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A Study on the Unification of International Regulations in Contracts for International Sale of Goods (국제물품매매계약에 있어서 국제규범들의 통일화에 관한 연구)

  • Park, Sung-Ho
    • Korea Trade Review
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    • v.44 no.6
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    • pp.201-216
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    • 2019
  • At present, there are various standards used as the governing law of contracts for establishing, implementing, and resolving disputes between the parties to international sales contracts, called "Forum Shopping." Uncertainty and increased transaction costs, which may arise from these various norms, may hinder the activation of international commerce. This study examines the process of enacting and examining various international unification norms that have emerged through international organizations to eliminate trade barriers caused by choice of governing law concerning parties involved in the international sale of goods. Issues regarding the positive and negative perspectives are discussed to identify obstacles to international unification norms. In particular, by comparing and analyzing the differences between the regulations of the CISG and PICC, the representative international unification norms on international sales contracts, the possibility of unification of the norms on international sales contracts are reviewed. Direction for the establishment of a single international regulation is presented for reducing the transaction costs and uncertainties in the international sale of goods.

Economic Challenges and Solutions in the Korean Peninsula Unification Process (한반도 통일 과정의 경제적 과제와 해결 방안)

  • Kyong-Seok Hong;Kyoung-Haing Lee;Sang Hyuk Park
    • The Journal of the Convergence on Culture Technology
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    • v.10 no.4
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    • pp.437-442
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    • 2024
  • The unification of the Korean Peninsula is not only a national aspiration but also holds significant economic implications. By maximizing the economic synergy between South and North Korea and reconstructing the North Korean economy, balanced development across the peninsula can be promoted. However, the unification process will face various economic challenges, including the substantial costs of unification, integrating different economic systems, and bridging the economic disparity between the two Koreas. This paper aims to analyze these anticipated economic issues and propose systematic and phased solutions. Specifically, it discusses the objective estimation of unification costs and funding strategies, suggests effective integration methods for the disparate economic systems of the two Koreas, and identifies policy tasks to reduce economic disparities. The paper reviews existing studies on unification costs, explores strategies for the balanced development of South and North Korean economies through industrial restructuring and gradual transition to a market economy, and proposes concrete measures such as the expansion of North Korea's social overhead capital (SOC) and the development of human capital. The goal is to establish a solid economic foundation for peaceful unification and create opportunities for the economic resurgence of the Korean Peninsula.

Agricultural Infrastructure Expansion Plan for North Korea Providing for Unification of the Korean Peninsula - An Economic Feasibility Analysis - (통일 대비 북한 농업생산기반시설 확충방안 - 경제성 분석을 중심으로 -)

  • Kwun, Soon-Kuk;Kim, Kwan-Soo;Lee, Jeong-Jae;Lee, Je-Myung;Park, Chang-Keun
    • Journal of The Korean Society of Agricultural Engineers
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    • v.48 no.6
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    • pp.17-28
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    • 2006
  • We propose an Agricultural Infrastructure Expansion Plan (AIEP) for North Korea following unification from the standpoint of a united Korea's social stability. We predict the food demand after unification, according to four different development scenarios based on the AIEP. These scenarios include meeting a self-sufficient level in the staple food crop, satisfying long-term food supply and demand for the North Korean people, achieving a level of North Korean food consumption comparable to that of South Korea, and maintaining productivity to stabilize of North Korea's rural society. We present the results of a 'benefit-cost' analysis in meeting the production targets of predicted food demands after unification from a civil engineering perspective. We found that the estimated total costs would range from 15.2 to 43.0 billion dollars depending on the particular AIEP scenario. In our analysis, all of the four scenarios presented above demonstrated a high degree of economic validity. We conclude that the AIEP is a necessary and economically valid project for a united Korea's future because it would forestall the collapse of North Korea's rural communities, thereby preventing tremendous economic losses upon unification.

Study on Influence of Standardization of Agricultural Product Packages on Cost in Hypermarekts

  • Shin, Hyeong-Jin;Lee, Sang-Youn
    • Journal of Distribution Science
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    • v.8 no.4
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    • pp.35-41
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    • 2010
  • Although dictionary definition of standardization is 'to prevent disordered complexity and to make and use rules for reasonable simplification or unification, from a position of shop-floor operations of distribution, it is directly connected to efficiency, that is 'productivity equals cost savings'. This study analyzed influence of standardization of agricultural product packages in hypermarkets on costs in stakeholders of distribution channel such as suppliers, distribution centers and hypermarkets. The research findings demonstrated that it would influence manufacturing costs of suppliers and improve shop productivity of hypermarkets.

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A Study on the Fe Based Raw-Material Specifications Unification (원자재류 규격통일화 연구 - Fe류)

  • 남궁정;강경준;권용환;이계림;손승현
    • Journal of the Korea Institute of Military Science and Technology
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    • v.6 no.4
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    • pp.56-62
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    • 2003
  • In order to actively cope with international changes such as cessation of the Cold War in the twentieth century, the government has been proceeding the unification project between military and commercial specification leading to cost reduction of military supplies as well as to high effectiveness. Among these efforts, the study on raw materials specifications, which seems to have been widely used for military or commercial fields, has been performed. As the result of these studies, we have reformed military standards through surveying and summarizing military, KS and international specifications on raw materials. Consequently, the reduction of costs for the procurement of military supplies and the maintenance of current military specifications is to be expected.

A Study on the Population Structure of Democratic People's Republic of Korea

  • Jeon, Saebom;Kim, Seong Eun;Park, Yousung
    • Communications for Statistical Applications and Methods
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    • v.22 no.1
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    • pp.1-10
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    • 2015
  • The re-unification of the two Koreas is seen as a potential solution to the aging problem and low fertility, along with the increase in the old population structure of the Republic of Korea. Population structure is an indicator of national competitiveness or growth, but little is known officially about the populations of Democratic People's Republic of Korea (DPRK). Understanding the population structure of the DPRK is important to prepare for re-unification and estimate the socio-economic costs of national welfare under a re-unified Korea. In this paper, we assess reliability of the two modern national censuses of DPRK and use the limited resources available to reconstruct the intercensal populations between these two censuses. Excess deaths from the 1995 famine are estimated at 489,972 to 574,306 and are close to the estimates of Goodkind et al. (2011) and the reconstructed populations in the of DPRK implies a big difference between two Koreas.

A Study on the Aluminium Based Raw-material Specifications Unification (원자재류 규격통일화 연구 - Al류)

  • 권용환;강경준;남궁정;이계림;손승현
    • Journal of the Korea Institute of Military Science and Technology
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    • v.4 no.2
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    • pp.130-137
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    • 2001
  • In order to actively cope with international changes such as cessation of the Cold War in the twentieth century, the government has been proceeding the unification project between military and commercial specification leading to cost reduction of military supplies as well as to high effectiveness. Among these efforts, the study on raw materials specifications, which seems to have been widely used for military or commercial fields, has been performed. As the result of these studies, we have reformed military standards through surveying and summarizing military, KS and international specifications on raw materials. Consequently, the reduction of costs for the procurement of military supplies and the maintenance of current military specifications is to be expected.

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A Study on the Short-Term Plan of Structural Reinforcing and the Temporary Housing Supply Strategy through the Analysis of the Status of North Korean Standard Housing

  • Kim, Seong Eun;Kim, Seung Hun;Lee, Yong Taeg
    • Architectural research
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    • v.20 no.3
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    • pp.83-92
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    • 2018
  • Recently, there has been inter-Korean exchanges are active, in company with an assertive international activity with North Korea and inter-Korean Summits. Thus, there is a growing possibility of Korean reunification. However, when the unification situation occurs, population inflow by North Korean residents will be expected, and it will be necessary to prepare a housing supply strategy. In addition, even if North Koreans are prevented from entering, a plan is necessary to ensure structural safety since most buildings in North Korea are aging and a recent natural disaster occurs frequently. In this research, we will try to present a temporary housing supply strategy and a short-term structural reinforcement plan based on analysis of the standard housing conditions in North Korea. In this research, we represent the analysis result of the existing construction level, supply status and structural performance of North Korea. When we consider the reinforcement period and social costs, a short-term reinforcement plan is recommended rather than the full reinforcement of the aged housing in North Korea. Furthermore, we examine the ways to secure the residential safety of North Koreans through a case study of domestic and overseas temporary residential facilities, until the permanent residential facilities were supplied. According to the analysis, the tent houses were used as a form of relief housing in overseas frequently. However, the tent house is difficult to apply for domestic country with clear seasons due to insulation and heating problems. Therefore, it is appropriate to develop a residential supply strategy as focusing on the temporary housing facilities in assembled or container from, in preparation for the future population inflow.

Meaning of Happiness and Unification Education in the Settlement Process of North Korean Refugees in South Korea (탈북민의 남한 정착과정에서 행복의 의미와 통일교육의 과제)

  • Kim, Jong-Doo;Jo, Kwang-Joo
    • Journal of Korea Entertainment Industry Association
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    • v.13 no.7
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    • pp.419-430
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    • 2019
  • The study sought to find out the actual process of adapting to social life through interviews with college students and adult women living as defectors in the South, and to find out how it would be desirable to move forward in terms of education in order for all of our lives to be happy. The method of research consisted of semi-structured interviews. The interview period was four months. Based on the results of the interview, the following conclusions are given. First, it is necessary to establish a direction for strengthening cooperation rather than conflict in education, and restoring homogeneity of the same people. It is also true that real challenges are not easy at a time when the fratricidal war like the 6.25 conflict has deepened the conflict. However, at this point, 65 years later, the nation cannot stay only in the past. Second, the perception that they disapprove of economic aid to North Korean defectors also exists in part among adults. Third, negative thoughts about reunification among South Koreans also appear relatively high. This is believed to be due to the argument that the growth of social welfare and economic growth is offset by the increase in unification costs. Fourth, the content of living in real life such as culture and art, along with knowledge-oriented education in school education, should be treated with the same weight. This should create an environment in which North Korean defectors can enjoy the same happiness as South Koreans.

Unifying the operation of Privately Funded Expressways (민자고속도로 통합운영방안 연구)

  • Shin, Yong-Suk
    • Journal of Korean Society of Transportation
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    • v.30 no.4
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    • pp.71-81
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    • 2012
  • The Korean government has actively accepted private investments in building expressways to improve its financial status. As of 2012, 422km of 9 private expressways are under operation, and until 2016 additional 15 are planned to be built with private investments. However, on average, each private expressway is at most 37km long, which works against economies of scale in maintenance and thus leads to inefficiencies such as traffic jams, driver inconveniences, and the increase in operating costs. To resolve these problems, the present study suggested that the maintenance and tolling system should be unified across each private operator. Unifying the operation of private expressways was expected to reduce user travel times and tolls, and save operator maintenance costs. These economic effects were expected to be tantamount to hundreds of billions of dollars. The shared toll collecting system will also reduce user's delays by removing main line tollgates. This can save another hundreds of billions of dollars by ensuring driver's convenience and safety.