• 통상정보연구
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• 제12권3호
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• pp.35-53
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• 2010

In connection with a non-cash payment through the banking system, "finality of payment" has acquired diverse meanings. In according to Section 4A-209(2), the acceptance by the beneficiary's bank by means of receiving payment "pursuant to section 4A-403(a)(1) or 4A-403(a)(2)," constitutes final settlement through a Federal Reserve Bank or through a funds-transfer system" or credit to the account of the beneficiary's bank. Above of all, Acceptance by beneficiary's bank is the most important. According to 4A-209(b), the beneficiary's bank can accept a payment order in one of four ways : First, by paying the beneficiary; obligating itself to pay the beneficiary or, Second, by notifying the beneficiary of receipt of the order or notifying the beneficiary that its account was credited or, Thirdly, by receiving full payment from the sender's order or Lastly, by passage of time, i.e., the opening of the next funds transfer business day of the bank following the payment date of the order. A beneficiary's bank is considered to have accepted a payment order when the earliest of the four means of acceptance occurs.

• 한국병원경영학회지
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• 제27권4호
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• pp.13-21
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• 2022

Purpose: The purpose of this study was to analyze the association between single-person households & Beneficiary of National Basic Livelihood and recommendation on alcohol consumption, and counseling on drinking problems for adults 19 years of age or older. Methods: In this study, excluding missing values, the association between the single-person household & Beneficiary of National Basic Livelihood and recommendation to refrain drinking alcohol, counseling for drinking problems was analyzed by using the chi-squre test and logistic regression analysis. Results: In the case of non-single person households, compared to single-person households, the recommendation rate to refrain drinking alcohol was 1.519 OR (Odds Ratio [OR]: 1.159 , p-value <.0001). meanwhile, in the case of Beneficiary of National Basic Livelihood, the recommendation rate to refrain alcohol consumption was higher by 1.414 OR (OR: 1.414, p-value: 0.011), and the drinking problem counseling rate was also higher by 2.257 OR (OR: 2.257, p-value: 0.026) compared to non-beneficiary group. Discussion & Conclusion: Based on the 2016-2019 National Health and Nutrition Survey, this study investigated the associaiton between single households & Beneficiary of National Basic Livelihood and recommendations to refrain alcohol, and counseling on drinking problems. Compared to the Beneficiary of National Basic Livelihood group, single-person household group has recently been classified as a socially vulnerable group, but it is not applicable in the policy category. If policy and institutional measures for treatment are provided, it is expected that the problem of alcohol abuse can be reduced.

• 무역상무연구
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• 제35권
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• pp.41-69
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• 2007

This study analyzes some important implications for the forthcoming revision of eUCP through the methodology of expected utility maximization theory. The overall results are as follows. First, beneficiary with an initial wealth has a risk-averse utility in traditional letter of credit transaction, and he would be more risk-averse in eUCP transaction. Secondly, the beneficiary who has risk-averse utility will pay for the risk premium to reduce the risk of corruption of an electronic record by means of cost of loss reduction activities. Thirdly, the cost of loss reduction activities is represented by a convex cost function, Fourthly, a risk averse beneficiary pursues loss reducing activities to the point where the expected marginal product of loss reduction is less than its marginal cost. Fifthly, a more risk-averse eUCP beneficiary will always select a higher level of loss reduction as long as the effectiveness of loss reduction is certain. Sixthly, when the effectiveness of loss reduction is uncertain, the more risk-averse eUCP beneficiary does not necessarily choose a higher level of loss reducing activities. Finally, it would be more reasonable that eUCP Article 11 should protect eUCP beneficiary who pursues a higher level of loss reducing activities.

• 무역상무연구
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• 제48권
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• pp.3-23
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• 2010

In letter of credit arrangements, the issuing bank nominate a reimbursing bank which serves as a source of funds payment to the beneficiary. The reimbursing bank could be 3rd party bank or the issuing bank itself. In view of working capital requirements, most beneficiary want to get export proceeds in advance through nominated banks and therefore letter of credit usually permit the beneficiary to negotiate drafts, accompanied by required documents, to nominated bank. If the credit is available with the nominated bank, there must be a reimbursement instruction in the credit, because in this method of availability the issuing bank is obliged to reimburse the nominated bank if that bank acts on its nomination There are legal relationship among issuing bank, nominated bank and reimbursing bank with regard to reimbursement activities. Related rules are UCP and URR and UCC (in case of USA). Korean exporters and bankers do not appear to know well the role of reimbursement and usage. 3 cases (court case + ICC Opinion + bad practices) were employed to study the reimbursement mechanism and suggest better usages. The beneficiary is strongly recommended to know the benefit of reimbursement claim from independent reimbursing bank. The benefits include speed payment (thereby saving finance costs) and safe funds (in case of stop payment by the issuing bank right after the proceeds are reimbursed). And further the beneficiary banks (being nominated or claim banks) are also recommended to take advantage of the 3rd party reimbursement in view of the cases illustrated.

• 한국병원경영학회지
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• 제26권2호
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• pp.1-16
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• 2021

This study aims to examine the effect of integrated health and welfare(IHW) services on medical use and medical expenses in Korean Veteran Hospitals. Data on the volume of medical use and medical expenses were collected from two patient groups of 5 Veterans' Hospitals: the beneficiary group who has received IHW services and the non-beneficiary group who has not. Each group was composed of 265 patients respectively. The results of the study revealed that the volume of home nursing services, home rehabilitation services, ambulatory services have increased significantly, whereas the average length of stay, number of using emergency services, and average medical expenses have decreased after receiving integrated health services in the beneficiary group. In contrast, the non-beneficiary group showed much more increase both in the volume of inpatient and outpatient services, as well as the average medical expenses, compared to those of the beneficiary group. This results imply that the provision of IHW services have positive impacts on the enhancing the effectiveness of the medical resources utilization for the veteran patients.

• 대한원격탐사학회지
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• 제33권6_2호
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• pp.1119-1137
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• 2017

본 연구는 서울과 경기도 지역 도시숲의 수자원 공급 생태계서비스와 기후완화 생태계서비스를 평가하였다. 생태계서비스를 자연기능기반 서비스, 산림의 자연기능과 인구분포를 고려한 생태계서비스, 산림의 자연기능과 수혜자 분포를 고려한 생태계서비스의 세 가지 서비스로 구분하여 평가하고, 이후 기후변화가 생태계서비스에 미치는 영향을 평가하였다. 평가 결과, 토지피복과 토양 등 자연조건을 반영한 도시림의 수자원 공급서비스의 경우, 경기도가 서울보다 높은 서비스를 제공하는 것으로 나타났으며, 지역별 인구분포를 추가적으로 반영한 서비스 평가에서는 인구가 많은 곳에서 서비스가 높게 나타나는 양상을 보였다. 그러나 도시림의 수자원 수혜자 분포를 추가로 반영한 수자원 공급 생태계서비스 평가 결과는 인구분포를 반영한 서비스 평가 결과와 공간적으로 다르게 나타났다. 같은 수원함양 기능을 가진 지역이라도 인구분포나 물 사용 수혜자의 분포가 많은 지역일수록 높은 서비스 결과가 나타났다. 또한 기후변화가 수자원 공급 생태계에 서비스에 미치는 영향을 평가한 결과, 기후변화에 따른 수자원 공급 서비스는 평균적으로 26%정도 줄어들어 전반적인 수자원 공급 생태계서비스가 낮아지는 경향을 보였다. 기후완화부문의 경우, 산림으로부터 가까운 거리에 있을수록 높은 온도저감 효과가 나타나 산림주변지역에서 높은 기후완화서비스가 나타났으며, 기후 완화 서비스의 수혜자 인구를 고려한 생태계서비스 평가에서는 수혜인구의 밀도가 높은 서울 도심지역에서 높은 서비스가 나타났다. 기후변화에 따른 산림 생장량 변화를 반영하여 산림의 기후완화 생태계서비스의 변화를 평가한 결과, 평균적으로 약 33%의 서비스 감소가 나타났다. 본 연구의 결과는 도시림을 관리하기 위해서 산림청에서 제시하고 있는 공급기능기반의 6가지(자연환경보전, 산지재해방지, 목재생산, 산림휴양, 생활환경보전, 수원함양) 기능구분 외에 서비스를 수혜하는 수요자 기반의 기능 및 서비스가 평가의 필요성을 제시한다. 이는 기존의 산림의 공급기능기반의 평가에서 간과할 수 있는, 자연기능은 낮지만 수혜를 받는 시민들이 많아 높은 서비스 가치를 갖는 산림을 재평가하고 올바른 관리 계획을 수립하는데 기여할 수 있을 것으로 판단된다.

• 무역상무연구
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• 제36권
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• pp.29-46
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• 2007

The fraud exception rule allows for the issuing bank to dishonor the claim if it the documents and transactions bear fraud though the documents presented are complied with the terms and conditions of the letter of credit. A question arises whether the fraud exception rule can apply to innocent beneficiary when fraud is made by 3rd party. United City Merchants v. Royal Bank of Canada showed a good example how to handle in case of innocent beneficiary. At this case House of Lord found that innocent beneficiary deserves payment applying nullity exception rule. I believe that the nullity exception rule is employed for the benefit of innocent beneficiary as far as the issuer and applicant get no actual damage by the 3rd party's fraudulent action which is shown on documents.

• 통상정보연구
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• 제9권2호
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• pp.123-140
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• 2007

This paper wants to suggest some issues on the acceptance of payment order in Electronic Funds Transfer of USA. The result can be summarized as fellows; First, originator's bank accepts a payment order when it executes the order. Secondly, beneficiary's bank accepts a payment order at the earliest of the following times: (1) when the bank pays the beneficiary as stated in Section 4A-405(a) or 4A-405(b), (2) when the bank notifies the beneficiary of receipt of the order or that the account of the beneficiary has been credited with respect to the order unless the notice indicates that the bank is rejecting the order or that funds with respect to the order may not be withdrawn or used until receipt of payment from of the order. (3) when the bank receives payment of the entire amount of the sender's order pursuant to Section 4A-403(a)(1) or 4A-403(a)(2). Lastly, the acceptance of a payment order cannot occur before the order is received by the receiving bank.

• 한국중재학회지:중재연구
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• 제27권3호
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• pp.77-94
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• 2017

The United States has used legal theoretical constructions such as equitable estoppel and the third party beneficiary under which non-signatories of an arbitration agreement can be bound to the arbitration agreement of others. The third party beneficiary theory has been used when a signatory defendant argues that a non-signatory plaintiff is bound by an arbitration agreement, or a non-signatory defendant argues that a signatory plaintiff is required to arbitrate the plaintiff's claims against the non-signatory. On the other hand, equitable estoppel has developed as two distinct theories. According to the first theory, if a non-signatory party knowingly accepted the benefits of an agreement, it can be estopped from denying its obligation to arbitrate. The second theory compels a signatory to arbitrate because of the close relationship between the entities involved and the fact that the claims were intimately founded in and intertwined with the underlying contract obligations.

• KDI Journal of Economic Policy
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• 제45권1호
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• pp.33-68
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• 2023

The present article investigates empirically whether non-reciprocal trade preferences (NRTPs) offered by QUAD countries (Canada, the European Union, Japan, and the United States) to developing countries have helped to promote economic growth in the beneficiary countries. Two main blocks of NRTPs are considered here: Generalized System of Preferences (GSP) programs and other trade preferences programs. The analysis used a set of 90 beneficiary countries of NRTPs that are concurrently recipients of development aid over the period of 2002-2018. Using the two-step system generalized method of moments, the analysis indicated that while a higher degree of utilization of each of these two blocks of NRTPs has been associated with a high economic growth rate, development aid enhances this positive effect. This highlights the need for donors to support a development strategy based on the provision of both development aid and NRTPs if they are to help beneficiary countries to promote economic growth. Finally, when the positive economic growth effect of the utilization of NRTPs is higher, the result is a greater country's share of exports (under preferential tariffs) to QUAD countries out of their total merchandise exports.