• KDI Journal of Economic Policy
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• v.32 no.4
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• pp.153-195
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• 2010

The recent global financial crisis has been the outcome of, among other things, the mismatch between institutions and the reality of the market in the current global financial system. The International financial institutions (IFIs) that were designed more than 60 years ago can no longer effectively meet the challenges posed by the current global economy. While the global financial market has become integrated like a single market, there is no international lender of last resort or global regulatory body. There also has been a rapid shift in the weight of economic power. The share of the Group of 7 (G7) countries in global gross domestic product (GDP) fell and the share of emerging market economies increased rapidly. Therefore, the tasks facing us today are: (i) to reform the IFIs -mandate, resources, management, and governance structure; (ii) to reform the system such as the international monetary system (IMS), and regulatory framework of the global financial system; and (iii) to reform global economic governance. The main focus of this paper will be the IMS reform and the role of the Group of Twenty (G20) summit meetings. The current IMS problems can be summarized as follows. First, the demand for foreign reserve accumulation has been increasing despite the movement from fixed exchange rate regimes to floating rate regimes some 40 years ago. Second, this increasing demand for foreign reserves has been concentrated in US dollar assets, especially public securities. Third, as the IMS relies too heavily on the supply of currency issued by a center country (the US), it gives an exorbitant privilege to this country, which can issue Treasury bills at the lowest possible interest rate in the international capital market. Fourth, as a related problem, the global financial system depends too heavily on the center country's ability to maintain the stability of the value of its currency and strength of its own financial system. Fifth, international capital flows have been distorted in the current IMS, from EMEs and developing countries where the productivity of capital investment is higher, to advanced economies, especially the US, where the return to capital investment is lower. Given these problems, there have been various proposals to reform the current IMS. They can be grouped into two: demand-side and supply-side reform. The key in the former is how to reduce the widespread strong demand for foreign reserve holdings among EMEs. There have been several proposals to reduce the self-insurance motivation. They include third-party insurance and the expansion of the opportunity to borrow from a global and regional reserve pool, or access to global lender of last resort (or something similar). However, the first option would be too costly. That leads us to the second option - building a stronger globalfinancial safety net. Discussions on supply-side reform of the IMS focus on how to diversify the supply of international reserve currency. The proposals include moving to a multiple currency system; increased allocation and wider use of special drawing rights (SDR); and creating a new global reserve currency. A key question is whether diversification should be encouraged among suitable existing currencies, or if it should be sought more with global reserve assets, acting as a complement or even substitute to existing ones. Each proposal has its pros and cons; they also face trade-offs between desirability and political feasibility. The transition would require close collaboration among the major players. This should include efforts at the least to strengthen policy coordination and collaboration among the major economies, and to reform the IMF to make it a more effective institution for bilateral and multilateral surveillance and as an international lender of last resort. The success on both fronts depends heavily on global economic governance reform and the role of the G20. The challenge is how to make the G20 effective. Without institutional innovations within the G20, there is a high risk that its summits will follow the path of previous summit meetings, such as G7/G8.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.11
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• pp.86-93
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• 2020

The demand for maintenance in Korea infrastructure facilities constructed since the 1970s has increased significantly compared to the demand for new construction. Moreover, after the Gyeongju and Pohang earthquakes, seismic performance evaluation, repair, and retrofitting projects have been carried out. Therefore, in this study, a specimen was designed following the L-type GFRP Plate Externally Bonded Retrofit method, one among other retrofit methods. The L-type GFRP Plate was bonded to the specimen by epoxy and a washered steel nail. A four-point bending test was performed to confirm the strengthening effect of the Externally Bonded Retrofit method using an L-type GFRP Plate. The strengthening effect of the L-type GFRP plate was proven experimentally, and the behavior of the beam designed following the L-type GFRP Plate Externally Bonded Retrofit method was evaluated according to Korea's "Design Manual & Specification for Strengthening of RC Structures by Advanced Composites System". Furthermore, the effectiveness of the bonding method, a combination of epoxy and washered steel nail, was also checked. The results showed that the design, according to the guidelines mentioned above, predicted the strength of the member well, but the failure mode did not satisfy the design assumption because of unexpected damage to the GFRP plate due to the fixing method, washered steel nail.

• Journal of the Earthquake Engineering Society of Korea
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• v.15 no.4
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• pp.45-54
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• 2011

A simple model for reinforced concrete shear walls with boundary elements is proposed, which is a macro-model composed of spring elements representing flexure and shear behaviors. The flexural behaviour is represented by vertical springs at the wall ends, where the moment strength and rotational capacity of the wall are based on section analysis. The shear behaviour is represented by a horizontal spring at the wall center, where the key parameters for the shear behavior are based on the flexural behaviour since the shear walls with boundary elements are governed by the flexure. The proposed model was prepared with the results of hysteretic tests of the shear walls, and then the reliability of the hysteretic rule and variables was investigated by nonlinear dynamic analyses. Using parametric study with nonlinear dynamic analyses, the effect of the variables on demand and capacity, which are major parameters in seismic performance evaluation, are investigated. Results show that the measured and calculated shear forces versus the shear distortion relationships are slightly different, but the global response is well simulated. Furthermore, the demand and capacity are also changed in a similar way to the change in the major parameters so that the proposed model may be appropriate for reinforced concrete shear walls with boundary elements.

• Journal of Digital Contents Society
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• v.16 no.2
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• pp.291-298
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• 2015

In a fast-paced information technology environment, consumption of video content is changing from one-way television viewing to VOD (Video on Demand) playing anywhere, anytime, on any device. This video-watching trend gives additional importance to videos with fine-speed-control, in addition to the strength of the digital video signal. Currently, many video players provide a fine-speed-control function which can speed up the video to skip a boring part, or slow it down to focus on an exciting scene. The audio information is just as important as the visual information for understanding the content of the speed-controlled video. Thus, a number of algorithms for fine-speed-control video-playing technologies have been proposed to solve the pitch distortion in the audio-processing area. In this study, well-known techniques for prosodic modification of speech signals, WSOLA (Waveform-Similarity-Based Overlap-Add), have been applied to analyze users' needs for fine-speed-control video playing. By surveying the users' preferred speeds on categorized video content and analyzing the results, this paper proposes that various fine-speed adjustments are needed to accommodate users' preferred video consumption.

• Journal of the Korea Society of Computer and Information
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• v.15 no.12
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• pp.75-84
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• 2010

As broadcasting in Mobile Ad hoc NETwork (MANET) is the process that a node sends a packet to all other nodes in the network. it is used for routing protocols such as Ad hoc On demand Distance Vector (AODV) to disseminate control information for establishing the routes. In this paper, we propose Probabilistic Broadcasting mechanism based on Distance Ratio between sender and receive node in MANETs. The proposed approach is based on the combination of probability and distance based approach. A mobile node receiving broadcast packets determines the probability of rebroadcasting considering distance ratio from sender. The distance ratio of a node is calculated by the distance from sender and the length of radio field strength. As a node with high distance ratio is located far away from sender, rebroadcast probability is set to high value. On contrary, the low rebroadcast probability is set for a node with low distance ratio which is close to sender. So it reduces packets transmission caused by the early die-out of rebroadcast packets. Compared with the simple flooding and fixed probabilistic flooding by simulation, our approach shows better performances results. Proposed algorithm can reduce the rebroadcast packet delivery more than 30% without scanting reachability, where as it shows up to 96% reachability compared with flooding.

• Journal of the Korea Convergence Society
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• v.10 no.9
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• pp.237-247
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• 2019

The purpose of this study was to evaluate the level and intensity of emotional labor of physical therapists and occupational therapists, and to identify the factors affecting them. Cross-sectional study was conducted on physical therapists and occupational therapists across the country using self-populated questionnaire. A total of 2,000 questionnaires were distributed to retrieve 1,500 questionnaires(75%), of which 1,374 questionnaires(68.7%) were finally analyzed, excluding 126 that answered duplicates or were missing answers. Multi-linear regression was performed to identify factors on the strength of emotional labor. According to the analysis results, high-risk groups in the areas under 'Emotional demand and regulation' and 'Overload and conflict in customer service' and 'Emotional disharmony and hurt' were 29.4%, 19.0% and 22.0% respectively, especially in 'Emotional demand and regulation', 'Overload and conflict in customer service', 'Emotional disharmony and hurt' for women working days, and 49% of daily work hours. Accordingly, we will be able to regularly screen physical therapists and occupational therapists for dangerous groups, and manage the intensity of emotional labor through the creation of a therapist's working environment, such as limiting overtime hours and assigning appropriate number of patients. Through this study, the grounds and methods for mitigating the negative effects of emotional labor and mediating emotional labor should be provided.

• Journal of Life Science
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• v.26 no.8
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• pp.955-962
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• 2016

Fish-meat gel is an intermediate product used in a variety of surimi-based seafood. One of the most-used raw materials of fish-meat gel is Alaska Pollock due to its high-quality meat in terms of gel strength and texture. However, increasing demand for fish-meat gel, along with overexploitation of the wild catch Alaska Pollock, has put the industry in need of low-cost sustainable alternative sources for fish-meat gel. Pagrus major (PM) is a widely aquacultured fish known for having white meat that is low in fat. The current study compares the quality of fish-meat gel prepared from aquacultured PM to that of high and mid-grade Alaska Pollock fish-meat gel. Gels were compared in terms of gel strength, texture, color, and protein pattern. Results indicated that fish-meat gels prepared from PM were superior to Alaska Pollock fish-meat gels with regard to gel strength, hardness, springiness, chewiness, cutting strength, and breaking force. In addition, although not matching in quality, PM exhibited a cohesiveness, whiteness, and expressible moisture content comparable to Alaska Pollock of both grades. Protein pattern analysis also showed that PM and Alaska Pollock fish-meat gels had similar protein profiles before and after gel preparation. Therefore, P. major is suggested as a potential substitute for Alaska Pollock in fish-meat gel production.

• Tunnel and Underground Space
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• v.13 no.5
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• pp.362-372
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• 2003

Since the occurrence of Portland cement, a great number of concrete structures were constructed. But the concrete structures have their own life times, which inevitably demand repairing treatments, especially on their surface parts. Currently many various methods have been developed and are being applied fer this purpose. In this study, a newly developed method using pneumatic chipping machine and anchor pin was adopted far repair of old concrete structure and the mechanical characteristics of cementing plane between existing and new concrete were tested. Comparing the removal methods for the decrepit part of existing concrete using pneumatic chipping machine and hydraulic breaker, the peak cohesion was higher when using chipping machine at the cementing plane. On the other hand, the residual cohesion was higher for the case of breaker. Step shaped chipping on the cementing plane was effective in increasing peak cohesion, which results 14% increase in the case of 30 mm step height and 22% in 50 mm height when compared with planar chipping plane. The use of anchor pin increased the residual cohesion, which restricted shear slip on the cementing plane after peak shear stress and the tensile strength of 32% compared with that of non-anchored case. According to the combined effect of step shaped chipping of 30 mm and anchor pin with an interval of 15 cm, the peak cohesion reached up to 77% and the residual cohesion showed 180% of the ones of the fresh concrete, respectively.

• Journal of the Korea Concrete Institute
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• v.24 no.4
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• pp.399-406
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• 2012

Beam-column joints are generally recognized as the critical regions in the moment resisting reinforced concrete (RC) frames subjected to both lateral and vertical loads. As a result of severe lateral load such as seismic loading, the joint region is subjected to horizontal and vertical shear forces whose magnitudes are many times higher than in column and adjacent beam. Consequently, much larger bond and shear stresses are required to sustain these magnified forces. The critical deterioration of potential shear strength in the joint area should not occur until ductile capacity of adjacent beams reach the design demand. In this study, a method was provided to predict the deformability of reinforced concrete beam-column joints failing in shear after the plastic hinges developed at both ends of the adjacent beams. In order to verify the deformability estimated by the proposed method, an experimental study consisting of three joint specimens with varying tensile reinforcement ratios was carried out. The result between the observed and predicted behavior of the joints showed reasonably good agreement.

• Journal of the Korea Concrete Institute
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• v.26 no.2
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• pp.117-124
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• 2014

Globally, there are environmental problems due to greenhouse gas emissions. $CO_2$ emissions rate of the cement industry is very high, but the continued demand of cement is needed in the future. In this study, in order to reduce the environmental impact of $CO_2$ emissions from cement production. The experiments were carried out for the development of non-sintered cement (have not undergone firing burning) by granulated ground blast furnace slag. In order to compare the characteristics by curing, an experiment was conducted by changing the curing conditions such as atmospheric steam curing, observe the mechanical properties for the measurement of flexural compressive strength by mortar, observe the chemical properties such as acid resistance, $Cl^-$ penetrate resistance and analyzed the mechanism of hydration by XRD, SEM experiments. From the experimental results, as compared with portland cement usually confirm the mechanical and chemical properties excellent, it is expected be possible to apply to the undersea, underwater and underground structures that require superior durability. In addition, based on the excellent compressive strength by steam curing, it is expected to be possible to utilize as a cement replacement material in the secondary product of concrete. In the future, to solve the problem through continued research, it will be expected to reduce the effect of environmental load and to be excellent economics.