• 제목/요약/키워드: World Economic Crises

검색결과 19건 처리시간 0.019초

The Aid-India Consortium, the World Bank, and the International Order of Asia, 1958-1968

  • Akita, Shigeru
    • Asian review of World Histories
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    • 제2권2호
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    • pp.217-248
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    • 2014
  • The Aid-India Consortium was organized in 1958 as an international scheme to support the economic development of India, and led by the World Bank. This article reconsiders the economic diplomacy of the Indian Government in the 1950s and 1960s, by paying attention to the interactions between the Indian authorities and the donor countries and institutions, in the context of the Cold War regime, decolonization and economic aid to the newly independent countries. First, it deals with the development of the Aid-India Consortium by considering debates at its annual meetings and the skillful negotiations of the Indian Government and financial authorities. It focuses especially on the leading role of an Indian diplomat and financial expert, B. K. Nehru. The article then tries to reveal an Indian initiative in solving the 'food crises' of 1965-67 through intimate collaboration with the US government and the World Bank, using the framework of the Aid-India Consortium. These attempts lead to a reconsideration of the economic order of Asia in the 1950s and 1960s.

Messianism in Civilizational History: The Transformation of the Buddhist Messiah via Maitreya

  • DINH Hong Hai
    • 대순사상과 동아시아종교
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    • 제3권2호
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    • pp.71-92
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    • 2024
  • The world we live in is becoming more convenient thanks to the inventions of science and technology. Still, the world is also becoming more and more unpredictable with the current situation of VUCA (Volatility, Uncertainty, Complexity, Ambiguity). The Covid-19 pandemic brought the biggest global disaster ever with 774,631,444 infected people and 7,031,216 deaths (WHO on February 11, 2024) but it seems that humanity is gradually forgetting this disaster. Meanwhile the economic stimulus packages worth trillions of dollars from governments after the pandemic have further caused the world debt bubble to swell. The bubble burst scenario is something that many economic experts fear. Apparently, in the transitional period of the early decades of the 21st century, the world's economic, cultural, political, social, natural, and environmental aspects have undergone profound transformations: from the real estate and finance crises in the United States since 2008; through the melting of the Arctic ice over the past several decades; to the double disaster of the earthquake and tsunami in Japan in 2011. Especially, in the context of the world economic crisis after the COVID-19 pandemic, the human achievements of the past thousands of years are in jeopardy of being wiped out in an instant. Many people are predicting a bad scenario for a chain collapse. Facing the signals of an imminent economic catastrophe based on the appearance of "the Gray Rhino, Black Swan and White Elephant," many drawn in by Eschatological thought declare that Doomsday will occur shortly. This is the time for many other people to hope for the incoming Messiah. The Messiah is said to appear when people feel despair or suffer a great disaster because faith in the Savior can help them overcome adversity mentally. This research will find out how adherents of Buddhism view and deal with civilizational crises by examining history via symbols associated with Maitreya as based upon the Buddhist Messiah, Maitreya.

Virtual Crisis Preparation Team : A Way to Improve the Crisis Management Vulnerabilities of Traditional Korean Organizations

  • sangjin Yoo;Sean B. Eom;Lee, Choongkwon
    • 한국산업정보학회논문지
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    • 제4권1호
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    • pp.87-96
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    • 1999
  • OECD (Organization for Economic Cooperation and Development)에 가입하는 등 엄청난 경제발전 속도를 자랑하며 전 세계 개발 도상국들의 부러움을 한몸에 받았던 한국은 최근 외환고갈에서 비롯되어 IMF시대라 불리우는 사상초유의 경제위기를 겪고 있다. 그러나 현재 겪고있는 경제위기는 만일 현재의 위기를 슬기롭게 극복하지 못했을 때 앞으로 닥칠지도 모르는 또 다른 위기들에 비하면 아무것도 아닐지도 모른다는 비관적인 이야기도 있다. 그리고 경제의 세계화가 더욱 진행 될수록 정치, 경제 등 모든 면에서의 불확실성은 더욱 증가 될 수 밖에 없으므로 미래에 대한 체계적인 준비가 무엇보다 중요하다고 하겠다. 이러한 관점에서 본 논문은 전통적인 한국의 조직들이 닥칠지도 모르는 위기에 대비하는 한가지 대안으로써 Virtual Crisis Preparation Team에 대한 의견을 개진하고자 한다.

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팬데믹 위기가 세계 자본시장 동조화에 미치는 영향 (The Impact of Pandemic Crises on the Synchronization of the World Capital Markets)

  • 이동수;원재환
    • 아태비즈니스연구
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    • 제13권3호
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    • pp.183-208
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    • 2022
  • Purpose - The main purpose of this study is to widely investigate the impact of recent pandemic crises on the synchronization of the world capital markets through 25 stock indices from major developed countries. Design/methodology/approach - This study collects 25 stock indices from major developed countries and the time period is between January 5, 2001 and February 24, 2022. The data sets used in the study include finance.yahoo.com and Investing.com.. The Granger causality analysis, unit-root test, VAR analysis, and forecasting error variance decomposition were hired in order to analyze the data. Findings - First, there are significant inter-relations among 25 countries around recent major pandemic crises(such as SARS, A(H1N1), MERS, and COVID19), which is consistent result with previous literature. Second, COVID19 shows much stronger impact on the world-wide synchronization than other pandemics. Third, the return volatility of each stock market varies, unit root tests show that daily stock index data are unstable while daily stock index returns are stable, and VAR(Vector Auto Regression) analyses presents significant inter-relations among 25 capital markets. Fourth, from the impulse response function analyses, we find that each market affects the other markets for short term periods, about 2~4 days, and no long term effect was not found. Fifth, Granger causality tests show one-side or two-sides synchronization between capital markets and we estimate, through forecasting error variance decomposition method, that the explanatory portions of each capital market on other markets vary from 10 to 80%. Research implications or Originality - The above results all together show that pandemic crises have strong effects on the synchronization of world capital markets and imply that these synchronizations should be carefully considered both in the investment decisions by individual investors and in the financial and economic policies by governments.

Early nutrition and adult health: Perspectives for international and community nutrition programs and policies

  • Hoffman, Daniel J.
    • Nutrition Research and Practice
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    • 제4권6호
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    • pp.449-454
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    • 2010
  • Recent economic changes throughout the world, either development or crises and recessions, have prompted a host of nutrition related problems, including a decreased prevalence of undernutrition, an increase in the prevalence of diet related diseases, widespread food insecurity as crop prices increase, and so on. In addition, evidence is mounting that suggests that exposure to poor nutrition early in life is a predisposing factor for chronic diseases in adulthood. Thus, the role of international or community nutrition professionals is vital to not only studying and understanding the interplay between economics, food policy, and health, but also to improving the ability to intervene and prevent many problems related to food insecurity in developed and developing countries. The purpose of this review is to outline and describe these issues as a means to open discussion on how to best alleviate major nutrition problems in the world.

E-commerce Readiness, Micro, Small, and Medium-Sized Enterprises (MSMEs), and Economic Growth: An Empirical Investigation

  • Anasuya Barik;Sidheswar Panda
    • Asian Journal of Innovation and Policy
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    • 제12권2호
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    • pp.246-260
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    • 2023
  • With the advent of COVID-19, the world economy has undergone enormous losses and unprecedented crises. Moreover, this pandemic has put a significant effect on all business organizations, comprising the micro, small and medium enterprises (MSMEs) sector. MSMEs have been continuing to develop business strategies and are eager to compete in the market. The COVID-19 pandemic has shifted the full focus of MSMEs from 'business growth' to 'business survival' worldwide. E-commerce readiness plays a crucial role in a time of uncertainty and crisis during COVID-19 and affects the durability and sustainability of the business. This study attempts to study the readiness of online business and "E-commerce" adoption of MSMEs and its contribution to economic growth by utilizing both qualitative and quantitative techniques in the case of India. We use content analysis to determine the readiness of online business and Ecommerce in the post COVID-19 period. The result highlights the specific issues of this sector such as the shortage of resources and disruptions in the supply chain & logistical issues during the COVID-19 pandemic. Qualitative analysis discloses that almost half of the respondents adopt online platforms along with additional challenges to sustain their business during the pandemic. This study utilizes annual time series data for the period from 1973-74 to 2017-18 to understand the long-run relationship between India's GDP and MSMEs units. By utilizing the co-integration technique, this study reveals that there is a long-run relationship between MSME units and the economic growth of this country.

일제하(日帝下)(1920년대) 조선인수형인(朝鮮人受刑人)의 식생활상황(食生活狀況)과 그 배경(背景) (Dietary Life Status of Korean Prisoners' and the Background during the Period of Japanese Ruling)

  • 김천호
    • 한국식생활문화학회지
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    • 제18권1호
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    • pp.56-68
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    • 2003
  • The objects of this study are to find out (1) real situation of the food supply in prison under Imperial Government of Japan more cleary (historical meaning) and (2) which might help in understanding wrong present food consumption patterns in Korea which causes environmental as well as health problems. It is generally known that the length of the Japanese occupation for Korea is 36 years. However, it is concluded in this study that it was longer (70 years ; from 1875 to 1945 from when Japanese Army attacked and occupied Yungjongdo and Kanghwado island to e time when they were defeated on World War II.) Korea was annexed by Japan in 1910 then the Imperial Government of Japan dismissed the Korea Army, controlled the Office of Justice and the management of prison by force. Since then about 50% of all land was fell into Japanese Government ownership and 80% of Korean farmers became as tenant. After this change, Korea farmers were forced to pay extremely high rent (up to 80% of its harvest). Forced immigration, low price procurement of grain by Japanese government up to more than 30%of their production, was practiced. Accordingly, the food situation of Korean farmers became miserable, which may caused more violations of Imperial Japanese Law. Malnutrition, epidemic diseases, mortality rate of infants soared and average life expectancy shortened to 20-30 years old. This was the period of World Economic Crises and Food Crises in Japan. It was said then that if one Japanese comes to Korea then 200 Koreans will starved to death. Meanwhile, Proconsul Bureau of Chosun requested to the Department of Medicine, the Imperial University of Kyungsung to survey food supply situation of Koreans in prison throughout Korea. Objectives of the survey then was not only to find out scientifically whether it is agreeable in maintaining prisoner's health and also find out the possibility to save food during food crisis. Survey was started from 1923 and ended in 1945, and it focussed on prisoners in the Seodaemoon Prison. This report is the outcome of the first survey. They concluded that the food supplied was nutritionally (had) no problem, in compare with those of workers in the factory, students in the dormitory in Japan and with those of prisoners in Taiwan, France and Germany. Amount of grain supplied were different according to their work lord and was divided into 9 different levels. Total grain was consisted of 50% millet, 30% soybean and 20% indica rice(variety). However, there were no difference in the amount of supply of side dishes between work groups. For the highest working group, 3280g of boiled grain per day was supplied to make stomach full but as a side dishes, salty fermented bean paste, fermented fish and salty soups, etc. was supplied. Deficiency of animal protein were observed, however, high intake of soybean may possibly caused animal protein deficiency problem. On the contrary, the intake of water soluble vitamins were insufficient but the level of calcium and iron intake seems to be sufficient, however, imbalance of intake of nutrition may caused low absorbtion rate which might caused malnutrition. High intake of dietary fiber and low intake of cholesterol may possibly prohibited them from so called modem disease but may caused the defect in disease resistancy againist epidemics and other traditional disease. Over intake of salt(20-30g per day) was observed. Surveyors who attended in this survey, mentioned that the amount of food intake may nutritionally be sufficient enough but the quality of food(and possibly, the taste of food) were like that of animal feed. For the officials who received this report might consider that considering the war situation and food crisis, the supply situation of food in the prison may considered to be good enough(because they are not starving). But as a Korean who studied this report, one feel extremely pity about those situation because (situation of) those period were very harsh under the Imperial Law and keeping the Law by Koreans were almost impossible, therefore, about one third adult violated the Law and were put into jail. And they were treated like animals.

항만공사제도의 효율적 운영방안 - 인천항만공사를 중심으로 - (Strategies for the Efficient Management of the Port Authority System in Korea: Focused on Incheon Port Authority)

  • 강원덕;김형일;안승범
    • 한국항만경제학회지
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    • 제21권3호
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    • pp.171-189
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    • 2005
  • In order to improve inefficient and unproductive factors and in response to criticisms of the failure in harbor privatization introduced in 1997, the Korean government introduced the Port Authority system, which is commonly adopted in advanced harbors in the world. This research examined the theoretical background of harbor management system and various cases of harbor management in foreign countries. The desirable introduction of Port Authority system must be preceded by the settlement of problems in harbor structure and operation. In addition, the Port Authority Act, which restricts the autonomy of harbor corporations, should be improved for user-centered Port Authority system. Strategies for the successful introduction of Incheon Port Authority are as follows. Firstly it is required to establish consumer-centered harbor operation system. The second requirement is to activate the harbor logistics industry through the development of nearby logistic complexes led by Port Authority and, by doing so, to promote the development of local economy. Thirdly it is essential to lay the foundation of mutual prosperity through developing profitable businesses by linking localities and harbors, and to suggest a crisis control network for Port Authority and local self-governing bodies to cope jointly with crises in logistics and natural disasters.

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The 1930s in Film and Novel: Miss Pettigrew Lives for a Day

  • Choi, Young Sun
    • 영어영문학
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    • 제57권3호
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    • pp.515-527
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    • 2011
  • Miss Pettigrew Lives for a Day, Winifred Watson's novel of 1938, is a fairytale in novel form. Set in London of 1938, the story revolves around a one-day adventure of an ill-starred but truthful governess who is granted a second chance. This light-hearted comedy of manners was turned into a film by director Bharat Nalluri in 2008. An Anglo-American collaboration, co-scripted by Simon Beaufoy and David McGee, the film converts Watson's quaint novel into an edged heritage piece that encapsulates the 1930s, the problematic decade between the two World Wars. The film, while sustaining the narrative core of Watson's Cinderella story, attempts to place it firmly within a wider current of the novel's setting or London in 1938, tapping into the major concerns of the interwar years that engage with characters in one way or another. Stylistically, the film presents Art Deco as a main visual idiom to convey the prevailing mood of nihilism and decadence of the day. The setting here takes on significance in that it offers a telling counterpoint to the giddy superficial world of the novel. The 1930s was a highly charged decade under the threat of fascism and the Great Depression, fraught with economic and socio-political tensions and apprehensions. The film makes an explicit reference to the dismal context which is suppressed in the original text. The thirties is, therefore, portrayed as a decade of contradiction. It features gay buoyant festivity, rampant consumerism, and shifting morals and attitudes towards love, marriage and sexuality. Yet lurking beneath the surface glamour are the symptoms of crises and the deep-seated anxieties on the eve of World War II. In this way, Watson's novel of manners has been recreated into a defining film on the 1930s with its period feel propped by the atmospheric lighting, the exuberant Jazz score, and the splendid Art Deco costume and production design.

사회연결망 분석을 통해 본 지역공동체의 실제: 7개 산사, 한국의 산지승원을 중심으로 (The Reality of Community through Social Network Analysis: the Case of 7 Sansa, Buddhist Mountain Monasteries in Korea)

  • 김숙진
    • 한국경제지리학회지
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    • 제20권1호
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    • pp.49-69
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    • 2017
  • 서구 복지국가의 위기와 신자유주의라는 변화된 환경으로 촉발된 공동체 논의는 최근 사회 전 영역에 걸쳐 사회적 위기에 대한 대응으로 지역공동체에 주목하게 만들었다. 세계유산 분야에서도 과거와 같이 세계유산을 지역과 분리된 물리적 보호의 대상으로 보기보다 유산을 오랜 기간 동안 형성하고 함께 한 지역과 지역공동체의 관점에서 바라 볼 필요가 있으며, 유산의 보존과 활용은 지역의 지속가능한 발전을 가능하게 함과 동시에 지역의 총체적 발전 속에서 만이 가능한 것임을 강조하고 있다. 그러나 세계유산협약의 운영지침에는 지역공동체의 개념과 범위에 대해서는 구체적으로 제시하고 있지 않아 이에 대한 비판이 많다. 본 논문에서는 현재 세계유산 등재 추진 중에 있는 한국의 전통산사를 사례로 장소 기반의 사하촌과 종교라는 정체성 기반의 신도회를 가능한 공동체로 상정하고 이들의 사회적 연결망을 분석하여 이론상의 공동체의 일반적 특성과의 정합성을 고찰하였다. 분석결과 일부 사찰에서는 사하촌과 신도회의 연결망 특성이 유의미하게 차이가 났지만 그렇지 않은 경우도 있었다. 이는 공동체가 지역의 구체적 환경과 조건의 변화 속에서 역사적 상호작용의 결과로 그 정체성과 경계가 끊임없이 재구성되는 과정임을 이해할 필요가 있으며 경험적 수준에서 각 사례별로 특수한 상황과 변수를 고려할 필요성이 있음을 시사한다.