• Title/Summary/Keyword: economic globalization

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The Global Competition for Talent and City-Region Development Strategies in Korea (인재(Talent)의 글로벌 경쟁과 우리나라 대도시권 발전전략)

  • Lee, Wonho
    • Journal of the Economic Geographical Society of Korea
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    • v.15 no.4
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    • pp.481-492
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    • 2012
  • This paper deals with the deepening global competition of talent between regions as well as states in the process of globalization and the transition toward knowledge-base economies. This study figures out the global geography of talent by examining the distribution and spatial changes of the talent at the global scale. It also analyzes key policies and mechanisms by investigating various countries' policies to attract global talents. Finally this paper points out the limitation of current city-regional development strategies for global competition in that it lacks the consideration of the importance of the talent. In response to that, we propose the strategy to focus on the quality of place to attract the global talent for the city-region development.

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Trade Facilitation for Promotion of e-Business (e-비즈니스의 활성화를 위한 무역원활화추진)

  • Kim, Sun-Ok
    • International Commerce and Information Review
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    • v.7 no.2
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    • pp.163-181
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    • 2005
  • The purpose of this paper is to review the major issues of trade facilitation that have been discussing in relevant international organization such as WTO, WCO, UN/ECE, and UNCTAD In recent years the term, trade facilitation, has become extremely popular and, therefore, applied to an ever-growing number of activities. Trade Facilitation encompasses the simplification, standardization, harmonization and elimination of the procedures, data requirements and administration involved in an international trade transaction. The facilitation of trade procedures is seen by all major international business as vital for economic development. Several factors are fuelling the need for trade facilitation of which two are the globalization of international trade and the rapid IT-development. Another important factor includes increased economic integration by an explosion of regional and bilateral free-trade agreement that often feature complex customs requirements. Technological progress has also introduced faster and cheaper forms of transportation and transportation management techniques, such as the increased use of e-business and JIT. The Internet is also fragmenting containers of goods that could have been custom cleared on a single entry into dozens of individual shipments that each require separate customs documents and clearance procedures. This creates a challenge for express couriers who anticipate exponential growth in small shipments by individual consumers, as compared to shipment by wholesalers or retailers. These consumers expect goods to be cleared immediately. It is no wonder that express couriers are actively promoting, and participating in the trade facilitation agenda.

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Process of Cross-border Marriage and Marital Satisfaction: Cases of Korean Men and Foreign Wives

  • Jee, Yean-Ju;Seol, Dong-Hoon
    • International Journal of Human Ecology
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    • v.9 no.2
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    • pp.13-27
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    • 2008
  • The advancement of information and transportation technologies in the context of economic and cultural globalization facilitates international marriages. However, it is ironic that image and fantasies play a significant role in the actual process of these marriages. Using data from a national survey conducted in 2006 (Survey for the Conjugal Life of the International Marriage Families) this study examines the experiences of Korean men and foreign wives. The findings confirm the negative impacts on marital satisfaction of the spousal image of hypergamy (i.e., imaginings of a high-earning husband and a submissive wife) and abbreviated marriage processes (i.e., broker-mediated marriage and incorrect information about a future spouse), but the detailed patterns differ by gender and by the ethnic origin of the wife. Korean Chinese (and to a lesser extent Han Chinese) wives are more negatively affected by the marriage process and spousal imaginings than are Southeast Asians and 'other' wives. While Southeast Asian wives are more likely to have received incorrect information about their husbands, they show significantly more flexible attitudes toward the marriage and spouses. Unification Church members are excluded from the analysis because their marital lives are distinctive enough to warrant separate research. As previous qualitative findings suggested, some Korean Chinese wives seem to perceive that returnees to the home country deserve an improvement in economic status as opposed to the disappointing reality. Imagining a submissive wife hurts the marital satisfaction of husbands regardless of the ethnic origin of the wife.

Advances in Cyber Trade and E-Commerce: Thier Impacts on Ex-Im Logistics Services (전자무역과 전자상거래에 따른 수출입물류서비스 발전방안 연구)

  • 안승범
    • Journal of Korea Port Economic Association
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    • v.18 no.1
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    • pp.107-134
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    • 2002
  • Globalization of the industry induces the internationalization of any given manufacturing company's supply chain. Development of e-Commerce and Information Technology (IT) changes the logistics structure, making logistics information systems essential. Web-based connectivity and supply chains based on new technologies are becoming essential in the logistics industry. Customers are driving the implementation of systems to ensure timely, thorough, and accurate information, often with immediate access; in response, the Internet has propagated tracking and tracing systems. Value-added services are the key to successful intermediary activities. The nationwide Integrated Logistics Information System (ILIS) aimed to utilize existing and future information infrastructure and knowledge bases to build an integrated logistics information network that would provide comprehensive logistics information services for shippers and carriers in order to improve the efficiency of both inventory and information flows in their supply chains. The ILIS, as one of the seven national information networks, has provided various services, particularly services related to import/export and clearance. Though a survey concerning logistics information services shows rather positive results, shippers and carriers still require better services and reductions in EDI prices. Therefore, the role of the ILIS needs to be re-defined. Short-term plans for the ILIS contain ICD services and XML/EDI services, which are described in detail.

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A Study on the Relationship Between Multinationality and Performance: Evidence from China's Firms

  • WU, Renhong;HE, Yugang
    • The Journal of Industrial Distribution & Business
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    • v.10 no.7
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    • pp.7-16
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    • 2019
  • Purpose - Economic globalization provides firms with a new channel to gain benefits from foreign countries. Therefore, using the real MNEs, this paper set China's firms as an example to explore the relationship between multinationality and performance. Research design, data, and methodology - Panel data from 2008 to 2017 was used and 390 multinational firms listed in China's A-share market was selected. Additionally, related econometric methods were employed to analyze the relationship between multinationality and performance in this study. The return on assets was treated as a dependent variable, and the sales of a firm, the firm age, the debt asset ratio of a firm, the ratio of foreign sales to total sales and the enterprise properties were treated as independent variables. All of these factors were used to conduct an empirical analysis. Results - The empirical findings in this study revealed that there is a linear relationship between multinationality and performance, as well as that non state-owned enterprises (non-SOEs) have a greater effect on the relationship between multinationality and performance than that of the state-owned enterprises (SOEs). Conclusions - On the basis of evidences this paper provided, China's government should take measures in the future to help China's firms when they fulfil international economic activities.

International Students in Korea : Theoretical Review and Statistical Analysis (우리나라 외국인 유학생의 이주 현황과 특성 : 이론적 논의와 실태 분석)

  • Ahn, Young-Jin;Choi, Byung-Doo
    • Journal of the Economic Geographical Society of Korea
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    • v.11 no.3
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    • pp.476-491
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    • 2008
  • In the era of globalization, the number of international students are rapidly increasing. Korea is no exception. For a long time Korea has been one of the major countries in terms of students' outward migration at university-level, but recently the inward migration is also increasing so as to change the situation. First, this paper deals with theoretical aspects of international students' flows and reviews recent research achievements on those. Second, the paper describes the overall condition of international students in Korea using statistical data. Finally, this paper examines characteristics and backgrounds of international students in Korea.

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A Panel Analysis on the Cross Border E-commerce Trade: Evidence from ASEAN Countries

  • HE, Yugang;WANG, Jingnan
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.2
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    • pp.95-104
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    • 2019
  • Along with the economic globalization and network generalization, this provides a good opportunity to the development of cross-border e-commerce trade. Based on this background, this paper sets ASEAN countries as an example to exploit the determinants of cross-border e-commerce trade including the export and the import, respectively. The panel data from the year of 1998 to 2016 will be employed to estimate the relationship between cross-border e-commerce trade and relevant variables under the dynamic ordinary least squares and the error correction model. The findings of this paper show that there is a long-run relationship between cross-border e-commerce trade and relevant variables. Generally speaking, the GDP(+) and real exchange rate(-export & +import) have an effect on cross-border e-commerce trade. However, the population (+) and the terms of trade (-) only have an effect on cross-border e-commerce import. The empirical evidences show that the GDP and the real exchange rate always affect the development of cross-border e-commerce trade. Therefore, all ASEAN countries should try their best to develop the economic growth and focus on the exchange rate regime so as to meet the need of cross-border e-commerce trade development.

Estimating the Impact of Automation and Globalization on Manufacturing Employment using Regional Labor Market Analysis (지역별 제조업 고용변화에 대한 자동화와 세계화의 영향)

  • Cho, Sungchul
    • Journal of the Economic Geographical Society of Korea
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    • v.22 no.3
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    • pp.274-290
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    • 2019
  • This article links the change in regional manufacturing employment in Korea after the financial crisis to the geography of technological and trade shocks. We conceptualize the trade shock as the rapid growth in Korean imports from and exports to China and ASEAN countries. We then measure the exposure to technological shocks as the degree to which regions are specialized in routine tasks, which are susceptible to automation technologies. Results show that local labor markets specialized in routine tasks experience significant falls in manufacturing employment. Regions whose industrial structure exposes them to rising import competition experience sharp drop in manufacturing employment. We also found that export plays a major role in explaining the growth of regional manufacturing employment.

Research on the Development Strategies of Confucius Institute for Expanding China's Foreign Trade

  • Yanni, Qiao;Jinge, Yao;Bae, Ki-Hyung
    • International Journal of Contents
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    • v.17 no.3
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    • pp.15-29
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    • 2021
  • The purpose of this paper is to explore how the Confucius Institute Chinese international promotion could better promote the development of China's foreign trade, by analyzing the distribution of the Confucius Institute worldwide, based on the theory of language economics, using SWOT analysis to analyze the advantages and disadvantages of the internal environment, opportunities and challenges of the external environment of Chinese international promotion of Confucius Institute. The following findings were gathered: as a language teaching institution and information exchange platform, Confucius Institute has the ability to share trade information and increase trade opportunities; to improve cultural identity and reduce transaction costs; to promote cultural communication and integration, and drive the development of related industries. The internal disadvantages were mainly reflected in the mismatch between the global regional distribution structure of Confucius Institutes, and the economic and trade structure, such as, the asymmetry between language, culture output, and demand. In addition, the management mechanism was not perfect. External opportunities were mainly new opportunities brought by economic globalization, cultural diversity, and the development of the Belt and Road initiative. External challenges were mainly influenced by the China threat theory and the fierce cultural competition among countries. The corresponding countermeasures were put forward based on the advantages of the platform and grasping the external opportunities: improving the quality of operation and speeding up the localization process; respecting cultural differences and realizing cultural common learning; seeking multilateral cooperation and enhancing the capacity for independent development.

The Global Empathetic Society in Cyber Space (사이버공간과 글로벌 공감사회)

  • Suh, Moon-Gi
    • Journal of the Economic Geographical Society of Korea
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    • v.22 no.2
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    • pp.111-122
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    • 2019
  • This study attempts to analyze the critical issues of globalization and present an alternative framework that places ICT in the function of development in comparative perspective. To adjudicate the controversies concerning the effect of developmental factors, it examines the determinants of global trend that leads to the comprehensive mechanism of ICT and cultural residues. The advent of the global community in cyber space requires a new balancing point by the mode of communication and culture among all societies and operation with decentralized authority. This interdependence, by providing diverse network structures and participating in cyberspace, includes the power shift from the dynamics of international relations with voluntary collaboration and brings some important implications for a global empathetic society.