• Title/Summary/Keyword: foreign policy

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A Study on Measures of Korean Drug Policy Improvement Against Increasing Foreign Drug Offenders (외국인 마약사범 증가에 따른 국내 마약정책 개선방안)

  • Jaehun Shin
    • Journal of the Society of Disaster Information
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    • v.18 no.4
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    • pp.795-805
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    • 2022
  • Purpose: The purpose of this paper is to examine the recently rising number of foreign drug offenders in Korea and suggest improvement measures for the Korean drug policy. Method: This paper analyzed the preceding research, statistical data, etc., on related fields and referred to overseas cases to suggest improvement measures. Result: The foreign population living in Korea increased in 2000s, and the foreign drug offender cases are increasing accordingly. The survey on foreign drug offenses showed that the case of foreign drug offender is higher than the case of Korean drug offenders by 1.2 to 3.3 times. In 2021, the foreign drug offender cases increased by 6.5 times compared to 2012. Especially, the number of psychoactive drug-related drug offenses increased dramatically. The drug smuggling also remarkably increased starting from 2016 as some people earned a lot of money from smuggling the drugs Conclusion: To cope with the foreign drug offenders effectively, this paper suggested intensive monitoring of the foreign drug offenders and weighting on the drug offenders depending on their home country to intensify the entry standards on foreigners who are likely to smuggle drugs.

Protection of Intellectual Property Rights and Subsidy Policy for Foreign Direct Investment

  • Kang, Moonsung
    • East Asian Economic Review
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    • v.16 no.2
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    • pp.139-154
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    • 2012
  • This paper provides a theoretical setup for an analysis of strategic relationships inherent to activities of an innovative multinational enterprise (MNE) and a local company in a host country. Additionally, we explore the incentives of the host country's government to provide subsidies to attract foreign direct investment (FDI) and to protect outcomes of R&D activities conducted by the MNE. We show that the MNE's commercial interests may collide with local companies' over protection of IPRs. Therefore, the extent of knowledge spillovers from the MNE to the local company and the magnitude of incentives to the MNE perform a crucial function in determining the optimal policy mix of IPR protection and FDI subsidies of the host country's government.

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Economic Policy Uncertainty in the US: Does It Matter for Korea?

  • Lee, Seojin
    • East Asian Economic Review
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    • v.22 no.1
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    • pp.29-54
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    • 2018
  • Using the indicators of economic policy uncertainty developed by Baker et al. (2016), this paper investigates the effects of the US economic policy uncertainty on the Korea economic uncertainty as well as Korea-US foreign exchange risk. The key findings are that: (i) the degree of spillovers of policy uncertainty from the US to Korea is considerable but not comparatively high; (ii) the US policy uncertainty plays a stronger and more consistent role in Korean currency risk than Korea policy uncertainty and other macro variables. It implies that the economic policy uncertainty in the US is an important contributor to Korea-US exchange rates.

Monetary Policy Independence during Reversal Phases of Domestic-Foreign Interest Rate Differentials

  • Kyunghun Kim
    • East Asian Economic Review
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    • v.28 no.2
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    • pp.221-244
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    • 2024
  • This study examines how the independence of monetary policy changes in situations where the interest rate differential between domestic and foreign rates inverts, utilizing the trilemma indices. For analysis, this paper uses the trilemma indices developed by Kim et al. (2017) to analyze the relationship between the monetary policy independence index and the other two trilemma indices, namely the capital account openness index and the exchange rate stability index, across 45 countries from 2002 to 2018. The analysis reveals that the trilemma's validity is contingent. In particular, no statistically significant negative correlation was found between the monetary policy independence index and exchange rate stability index during periods of interest rate differential inversion. A positive correlation emerges between exchange rate stability and the independence of monetary policy, particularly when the inverted interest rate differential exceeds a certain threshold. This situation, where the exchange rate remains stable despite low domestic interest rates, implies that the central bank is effectively managing monetary policy to appropriately respond to economic conditions, which is reflected in the monetary policy independence index.

Foreign Exchange Risk Premia and Goods Market Frictions

  • Moon, Seongman
    • East Asian Economic Review
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    • v.19 no.1
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    • pp.3-38
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    • 2015
  • Fama's (1984) volatility relations show that the risk premium in foreign exchange markets is more volatile than, and is negatively correlated with the expected rate of depreciation. This paper studies these relations from the perspective of goods markets frictions. Using a sticky-price general equilibrium model, we show that near-random walk behaviors of both exchange rates and consumption, in response to monetary shocks, can be derived endogenously. Based on this approach, the paper provides quantitative results on Fama's volatility relations.

A Mechanism for Policy-based QoS Control on COPS Interface in NGN (NGN 에서 COPS 를 이용한 정책(Policy) 기반 QoS 제어 메커니즘)

  • Song, Sung-Han;Kim, Yang-Jung;Lee, Dong-Kyu;Chong, Il-Young
    • Proceedings of the Korea Information Processing Society Conference
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    • 2007.05a
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    • pp.1342-1345
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    • 2007
  • 현재 NGN 망에서 강조되는 QoS 보장 기술은 인터넷에서 QoS(Quality of Service) 제공을 위해 해당 응용 서비스 마다 자원을 예약하거나 할당하는 기능을 수행하며, 이 때, 효율적인 종단간의 QoS 보장을 위해서는 전체적으로 자원관리를 할 필요가 생긴다. 정책(Policy) 기반 QoS 기술 관리는 이 경우에 수행이 된다. NGN 망에서의 정책 기반 QoS 기술을 위해서는 정책 기반 QoS 관리 기술 구조 및 프로토콜에 대한 총괄적인 이해가 우선되어야 한다. 즉, 정책 결정 및 정책 실행과 관련한 정책 기반 QoS 관리 기술 구조와 프로토콜 관련한 COPS(Common Open Policy Service)와 LDAP(Light Weight Directory Access Protocol)을 중심으로 이해가 되어야 하고, 이를 토대로 해서 정책 기반 QoS 관리 기술 서비스가 제공 될 수 있다.

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The Philippines in 2016: Election, Economic Development and Independent Foreign Policy (필리핀 2016: 선거와 경제발전 그리고 자주외교)

  • JUNG, Bub Mo;KIM, Dong Yeob
    • The Southeast Asian review
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    • v.27 no.2
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    • pp.273-295
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    • 2017
  • The Philippines in 2016 showed the highest GDP growth rate among Southeast Asian countries, in spite of domestic and international turbulence caused by the war on drugs and unexpected foreign policies after Duterte's presidency. The social contexts and political dynamics behind 'Duterte phenomenon' have raised key questions and issues to other countries including Korea, as to democracy and politics in current neoliberal challenges. The Philippines' choices for independent foreign policy and challenges against existing hegemony would continue to draw attention, particularly on whether this would end in an experiment of a country or initiate an alternative power block among neighboring countries and ASEAN communities.

DYNAMICS OF PAKISTAN'S POST 9/11 CRISIS FOREIGN POLICY DECISION-MAKING PROCESS

  • Hussain, Mehmood
    • Korea and Global Affairs
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    • v.2 no.2
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    • pp.157-184
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    • 2018
  • The study has applied the four stage "Model of State Behavior in Crisis" to trace the post 9/11 crisis foreign policy decision making process in Pakistan. It argues that ominous attacks on the United States by al-Qaeda and subsequent declaration of President Bush to fight against terrorism transformed the global and regional politico-security dimensions at t1 stage. Being a neighboring country, Pakistan's support was inevitable in the war on terror and Washington applied coercive diplomacy to win the cooperation from Islamabad. Consequently, in case of decline to accept American demands, Pakistan perceived threat to basic values/objectives of the country and simultaneous time pressure amplified the psychological stress in decision makers at t2 stage. Therefore, the decisional forum was setup at t3 stage and Pakistan decided to join the United States at t4 stage, which defused the foreign policy crisis.

A Content Analysis of International News in the North Korean Newspapers: The Relationships Between Foreign Policy of the Labor Party and Propaganda of Foreign Affairs (북한신문의 국제뉴스 내용분석: 당 대외정책과 국제정세선전의 관계를 중심으로)

  • Kim, Kyung-Mo
    • Korean journal of communication and information
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    • v.31
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    • pp.9-49
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    • 2005
  • This research analyzes contents of international news in the North Korean newspapers to examine the relationships between foreign policy of the labor party and propaganda of foreign affairs. The results show that international news of the Rodong shinmun and Minjoo Chosun as the ideological apparatus reflects the recent changes of foreign policy of the Kim Jung-Il regime, aiming at the successful control and mobilization of the people. However, the coverage difference between two newspapers has not been found, which means that the press control of the state is routinized. The relationships between political power and the press in North Korea has been discussed from the perspective of international communication.

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The Embeddedness of Foreign Firms in Korea : The Case of Business Service Activities (사업서비스 분야 외국인직접투자기업의 한국내 뿌리내림)

  • 이병민
    • Journal of the Korean Geographical Society
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    • v.36 no.4
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    • pp.402-417
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    • 2001
  • This study empahsized the nature of spatial patterns, characteristics and embeddeness of foreign business service firms in Korea utilizing questionnaire survey and interview data. Foreign business services firms are active in forming interfirm networks with clients and supply firms in Korea for widening the market share in Korea. But a low proportion of foreign firms is engaged in academies-industry linkages, government organizations, research institutes, and trade associations. Knowledge transfer and interaction also shows low level of network and the regional development of foreign firms is still in the process of developing, not quite embedded yet. Policy guidances and instituional supports are very essential to strenthen interfirm network and collective learning process of foreing firms in Korea lather than mechanical accumulation of investments. Thus, regional foreign direct investment policy should be targeted towards the incrementation of the potential of foreign firms as a knowledge-intensive industry.

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