• East Asian Economic Review
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• v.24 no.4
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• pp.469-495
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• 2020

This paper overviews different exit strategies for the U.S. from the debt-overhang, and analyses their implications for emerging markets and global stability. These strategies are discussed in the context of the debates about secular-stagnation versus debt-overhang, the fiscal theory of the price level, the size of fiscal multipliers, prospects for a multipolar currency system, and historical case studies. We conclude that the reallocation of U.S. fiscal efforts towards infrastructure investment aiming at boosting growth, followed by a gradual tax increase, aiming at reaching a modest primary fiscal surplus over time are akin to an upfront investment in greater long-term global stability. Such a trajectory may solidify the viability and credibility of the U.S. dollar as a global anchor, thereby stabilizing Emerging Markets economies and global growth.

• International Journal of Advanced Culture Technology
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• v.10 no.4
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• pp.198-209
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• 2022

This study is an analytical study of changes in the perception of Covid-19 communities and surveyed residents aged 20 or older living in 00-gun, Gyeongsangbuk-do, to identify community awareness (anxiety, stability, economic problems, and director's intention) after COVID-19. As a result of analyzing community perception (anxiety about COVID-19, stability, economic problems, and intention to move) according to gender, age, and family specificity, the survey subjects showed the highest anxiety about COVID-19 among community perception with 4.94, followed by stability 3.92, director's intention 3.51, and economic problem 3.21. primarily aims to find ways to contribute so that residents can restore trust in the local community, rebuild healthy families, and settle down in their daily lives.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.5
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• pp.573-581
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• 2021

The current study analyzed the impacts of fiscal decentralization (FD) on the economic stability of Pakistan. This study used time series data from 1981 to 2017. The collected data was first passed through the unit root analysis. ARDL estimation techniques were employed to scrutinize the data where long-run associations were tested through Wald F-statistics. The long-run estimates were extracted by applying Ordinary Least Square, and error correction mechanisms were employed to find the speed of adjustment for disequilibria between the long and the short run. Wald F-statistics confirmed the existence of long-run cointegration. Long-run elasticities suggested that fiscal decentralization because of limited institutional capabilities of provincial governments failed in bringing stability in the economy of Pakistan. Similarly, transparency issues and misspecification of projects hinder the outcome of investment to stabilize the economy. High service payments on debt cut the amount that can be used for skills improvements and destabilize the economy. High Population growth puts pressure on infrastructure and reduces production capacity, ultimately destabilizing the economy by increasing unemployment and inflation. Based on these findings, the government is suggested to improve the institutional capacity of lower governments for the desired outcome of power devolution.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.60 no.11
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• pp.1993-1999
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• 2011

Today, the power utilities is setting on the slow load growth and the aging of power equipment, and then could spend the efforts on the stability of system performance. Asset management may be defined as the process of maximizing corporate profit by maximizing performance and minimizing cost over the entire life cycle of power equipment. Therefore, asset management is great way to fulfill the economic investment and the stability of system performance. This paper presents the application of effective asset managem ent from an economic perspective. A proposed method is considering the life cycle analysis using life cycle cost methodology for hydro-generator during the total life cycle. The life cycle cost methodology include a way to calculating maintenance and operating costs. The proposed method will be expected to play an important role in investment decision making considering economic evaluation.

• The Journal of Economics, Marketing and Management
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• v.7 no.1
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• pp.39-50
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• 2019

Purpose - The article views the theoretical basis of adaptation concentric matrix models in the analysis of the financial condition of the organization. Presented the elements counting procedures in the assessment of economic stability. Research design, data, and Methodology - Used the economic indicates in the concentric matrix models. The article views the specific using the concentric matrix models in the analysis of the financial condition of the organization. Results - The concentric matrix models can be adaptation to the analysis of financial conditions of organizations and to the comparative analysis. In the process of analysis of economic stability can be used "a field of efficiency". The classical variant of methods is transformed. The detailed assessment of influence of individual factors defined the additional methods. Conclusions - In the article the methods are demonstrated on the material of organization (Hyundai Elevator Co, China Communications Construction Company).

• Journal of Electrical Engineering and Technology
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• v.11 no.2
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• pp.320-328
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• 2016

The introduction of renewable energy sources into the AC grid can change and weaken the strength of the grid, which will in turn affect the stability and robustness of the doubly-fed induction generator (DFIG) wind farm. When integrated with weak grids, the DFIG wind turbine with vector power control often suffers from poor performance and robustness, while the DFIG wind turbine with synchronized control provides better stability. This paper investigates the critical short circuit ratios of DFIG wind turbine with vector power control and synchronized control, to analyze the stability boundary of the DFIG wind turbine. Frequency domain methods based on sensitivity and complementary sensitivity of transfer matrix are used to investigate the stability boundary conditions. The critical capacity of DFIG wind farm with conventional vector power control at a certain point of common coupling (PCC) is obtained and is further increased by employing synchronized control properly. The stability boundary is validated by electromagnetic transient simulation of an offshore wind farm connected to a real regional grid.

• Economic and Environmental Geology
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• v.33 no.2
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• pp.117-128
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• 2000

Regional evaluations of slope stability by the failure criterion and by environmental geological factors were conducted. The failure criterion is the general conditions for plane failure which consider the geometrical conditions between geological discontinuities and topographical slope planes. The factor focused in this condiction is dip and dip direction. Geostatics, named semivariogram was used for establishing structural domains in slope stability evaluation by the failure criterion. The influential range was calculated to 6 km in the case of dip direction of dominant joint set and 7 km in the case of dip of the same dominant joint set. Then applying this failure criterion to the study area produced a slope stability map using the established domains and slopes generated by TIN module of ARC/INFO GIS. This study considered another regional slope stability analysis. 5 failure-driven factors 9the unstable slope map, geology, engineering soil, groundwater, and lineament density) were selected and used as data coverages for regional slope stability evaluation by geoenvironmental factors. These factors were weighted and overlayed in GIS. From the graph of cumulatave area (%) and instability index, finding critical points classified the instability indices. The most unstable slopes are located in the southern area of Mt. Eorae, Dabul-ri, and the eastern area of Junkok-ri in the first area is plane failure. Also, the expected orientations of failure are 59/338 and 86/090 (dip/dip direction).

• Economic and Environmental Geology
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• v.29 no.5
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• pp.615-622
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• 1996

Slope stability analysis was conducted using remote sensing and Geoscientific Information System (GIS) as a part of natural hazard assessment around Chungju area. Landsat TM band 5 and 7 which contain more information about geological structure and geography are chosen and processed to analyse regional geological structure. Through image processing technique such as PCA, HFF, edge detection and enhancement, regional lineament can be mapped and identified. The lineament density map is constructed based on summed length of lineaments per unit area and the study area can be divided into 7 structural domains. Various factors of slope stability analysis such as geology, slope aspect, degree of slope, landcover, water shed as well as characterized structural domain are constructed as a database of GIS. Rating and weighting of each factor for slope stability analysis is decided by considering environmental geological characteristics of study area. Spatial analysis of regional slope stability is examined through overlaying technique of the GIS. The result of areal distribution of slope stability shows that the most unstable area is all over Jaeogae-ni, Hyangsan-ni and Mt. Daedun.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.5
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• pp.54-63
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• 2018

In this study, the stability and economic feasibility of a MSE (Mechanically stability earth) wall with a pre-cast concrete pacing panel was investigated for a standard section of highway. Based on the design criteria, the MSE walls of the panel type were designed considering the load conditions of the highway, such as the dead load of the concrete pavement, traffic load, and impact load of the barrier. The length of the ribbed metal strip was arranged at 0.9H according to the height of the MSE walls. Because the length of the reinforcement was set to 0.9H according to the height of the MSE wall, the external stability governed by the shape of the reinforced soil was not affected by the height increase. The factor of safety (FOS) for the bearing capacity was decreased drastically due to the increase in self-weight according to the height of the MSE wall. As a result of examining the internal stability according to the cohesive gravity method, the FOS of pullout was increased and the FOS of fracture was decreased. As the height of the MSEW wall increases, the horizontal earth pressure acting as an active force and the vertical earth pressure acting as a resistance force are increased together, so that the FOS of the pullout is increased. Because the long-term allowable tensile force of the ribbed metal strip is constant, the FOS of the fracture is decreased by only an increase in the horizontal earth pressure according to the height. The panel type MSE wall was more economical than the block type at all heights. Compared to the concrete retaining wall, it has excellent economic efficiency at a height of 5.0 m or more.

• Journal of Distribution Science
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• v.16 no.12
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• pp.5-11
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• 2018

Purpose - We investigate the relationship between economic policy uncertainty (EPU) of the US and China and housing distribution economy in Korea using EPU indexes of two countries and the economic indicators in Korea. Research design, data, and methodology - We use the data such as the Korean housing price stability index (HPSI), housing purchase price index (HPPI), housing lease price index (HLPI), banking stock index (BSI), and consumer price index (CPI) with EPU indexes from January 1999 to December 2017. As an empirical methodology, we select the vector error correction model (VECM) due to the existence of cointegration. Result - As results of the impulse response function, the impact of the US EPU index has initially a negative response on the Korean HPSI, HPPI, and HLPI referring the housing distribution market including the economic variables, BSI, and CPI. Likewise, the impact of index in China has initially a negative response on economic indicators except the BSI in Korea. Conclusions - This study shows that the EPU index of the US has significantly negative relationships on all economic indicators in Korea. In this study, we reveal EPU of the US and China has dynamic impact on housing distribution economy returns in Korea.