• Title/Summary/Keyword: future economic prospects

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Effect Analysis of Korea Economic about the Growth Slowdown of China Economic under FTA (FTA 시대에 중국 경제의 성장둔화가 한국경제에 미치는 영향분석)

  • Kim, Kyoung-Hee;Yoo, Seung-Gyun
    • International Commerce and Information Review
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    • v.16 no.5
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    • pp.225-248
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    • 2014
  • Korea and China signed an FTA at November 10, 2014. The entry of China - the factory of the World - can be more active and easier. But Recently, China's economic growth is slowdown, and it began to emerge as a voice of concern. Therefore I analyze Chnia's economic slowdown is the impact on Korea's economy in this study. This study presented current trends and future prospects on China's economic situation. The changes of China's economic growth are the reduction of economic growth rate, falling proportion of processing trade, and the competition relationship of two countries. So they will be analyzed on this study. And this study presents ways that Korea economy reacts for China's economic growth slowdown. Trade statistics system of Korea International trade Association(KITA) is leveraged for this analysis. For competition relationship analysis, I analyze to use Contribution to the Trade Balance, Trade Specialization Index, Revealed Comparative Advantage of Country.

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Evaluation on R&D Progress for Manganese Nodule Development and Its Prospects (심해저 망간단괴 개발사업의 국제기술 동향 분석 및 향후 개발 전망)

  • Park, Se-Hun;Park, Seong-Wook;Kang, Gil-Mo
    • Ocean and Polar Research
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    • v.27 no.4
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    • pp.477-490
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    • 2005
  • The development of manganese nodule mining technology is very important in order to secure a long-term and stable supply of rare strategic metals. In the twenty years following the R&D activities with the international consortia in the 1970s, studies on mining technologies have been carried out by several national projects in Korea. The current metal prices such as copper, nickel, cobalt, and manganese have been drastically changed since 2002. Rapid economic growth of Asian countries, especially China, have induced the situation. And the possibility of copper shortage is looming just around the comer. Because of the imbalance between production and consumption, copper is fundamentally the most threatened metal in the future in terms of potential metal shortage. Manganese nodules contain a considerable percentage of copper as the future metal resource. Therefore, it is necessary to concentrate our effects on developing these resources. This paper introduces our evaluation of R&D progress for the development of manganese nodules. The issue and role of manganese nodules during the difficult period of a potential future metal shortage period is discussed and its prospect outlined. Also, this paper tried to emphasize the necessity of continuous R&D efforts for the commercial development of such mineral resources.

Artificial Intelligence In The Modern Educational Space: Problems And Prospects

  • Iasechko, Svitlana;Pereiaslavska, Svitlana;Smahina, Olha;Lupei, Nitsa;Mamchur, Lyudmyla;Tkachova, Oksana
    • International Journal of Computer Science & Network Security
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    • v.22 no.6
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    • pp.25-32
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    • 2022
  • The hypothesis of the study of the article is that the use of elements of artificial intelligence will increase the effectiveness of the educational process of the university if: a set of pedagogical conditions for the construction and use of an expert system with elements of artificial intelligence in the educational process of the university is revealed; a model for preparing a future teacher of vocational training for the use of elements of artificial intelligence has been developed; a special course has been developed that contributes to the implementation of the professional orientation of education. In accordance with this, the following tasks were studied in the article: An analysis of scientific and methodological research in the field of the current state, prospects for the development and use of elements of artificial intelligence in the preparation of a future teacher of vocational training and to determine the dynamics of the introduction of intelligent expert systems in education; A set of pedagogical conditions for the construction and use of an expert system with elements of artificial intelligence in the educational process of a university is revealed; It is substantiated to develop a model for preparing a teacher of vocational training to use elements of artificial intelligence.

Toward a Policy for the Big Data-Based Social Problem-Solving Ecosystem: the Korean Context

  • Park, Sung-Uk;Park, Moon-Soo
    • Asian Journal of Innovation and Policy
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    • v.8 no.1
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    • pp.58-72
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    • 2019
  • The wave of the 4th Industrial Revolution was announced by Schwab Klaus at the 2016 World Economic Forum in Davos, and prospects and measures with the future society in mind have been put in place. With the launch of the Moon Jae-in administration in May 2017, Korea has shifted all of its interest to Big Data, which is one of the most important features of the 4th Industrial Revolution. In this regard, this study focuses on the role of the public sector, explores related issues, and identifies an agenda for determining the demand for ways to foster Big Data ecosystem, from an objective perspective. Furthermore, this study seeks to establish priorities for key Big Data issues from various areas based on importance and urgency using a Delphi analysis. It also specifies the agenda by which Korea should exert national and social efforts based on these priorities in order to demonstrate the role of the public sector in reinforcing the Big Data ecosystem.

Prospect on Returning to Farming and Rural Village by Delphi Method (귀농·귀촌 인구 전망과 정책 방향)

  • Kim, Jeongseop;Kim, Jongin
    • Journal of Agricultural Extension & Community Development
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    • v.24 no.1
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    • pp.33-48
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    • 2017
  • Returning to farming and rural village is one of the most hot social issues in Korea. Therefore, the government has tried to make up a policy program, which aims to support for the urban residents to get appropriate informations and to make right decisions about returning to farming and rural village. For the sparsely populated rural communities, this phenomena are some good opportunities for their sustainable development. The government needs the resasonale prospect on returning to farming and rural village, because their policy program should be made on the basis sound data and information. But, with the current data about returning to farming in Korea, it is impossible to make an econometrical model that can forecast the population who will return to farming and rural village. So, we tried a delphi method to sketch the future returning to farming and rural village. The delphi panels gave us some prospects on the issues. They anticipated that the population of returning to farming will increase for the next five years. And, they recommended some policy directions.

Future Northeast Asia Transport and Communications System

  • Rimmer, Peter J.
    • Journal of Korea Port Economic Association
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    • v.17 no.2
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    • pp.1-28
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    • 2001
  • Korea has been at the forefront of efforts to enhance international cooperation in transport and communications within Northeast Asia. This effort is driven not only by the benefits that could accrue to the Korean Peninsula but also to all nations in the region. Mutual cooperation within Northeast Asia would reduce transport and communications costs and provide the basis for a regional transport and logistics network. Before progress can be made towards an integrated transport and communications system in Northeast Asia, however, there is a need to evaluate its prospects, outline a visionary plan, and detail a preferred strategy. The strategy to develop the Korean Peninsula as the gateway for Northeast Asia should harmonize with the region's common transport (and communications) policy The strategy adopted by South Korea is focused primarily on the development of an improved logistics infrastructure that would be extended to North Korea upon reunification. The seaport and airport developments In Korea will have to be supported by improved access to planned high-speed railways, expressways and freight distribution centers that, in turn, are to be integrated with new telecommunications and computer technologies. The benefits from these improvements will be lost unless existing government monopolies controlling seaport, airport, rail, road and expressway developments are commercialized to ensure that the price of transport reflects its actual cost. Technical harmonization between different modes should be promoted to facilitate efficient intermodal transport between the Korean Peninsula and the rest of Northeast Asia.

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Strategies for the Commercial Development of Seafloor Hydrothermal Deposits in Consideration of International Progress (해저열수광상 상업개발을 위한 국제동향분석과 국가대응전략)

  • Park, Se-Hun;Yang, Hee-Cheol;Lee, Moon-Suk
    • Ocean and Polar Research
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    • v.32 no.4
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    • pp.475-482
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    • 2010
  • Hydrothermal deposits on deep-sea floors are expected to provide potential metal resources for future demands. Korea was recently granted a prospecting licence to undertake exploration for hydrothermal metal deposits in the exclusive economic zone (EEZ) of the Kingdom of Tonga in the Pacific Ocean. The Korean Deep Seabed Mining Group (KDSMG), which consists of four Korean companies involved in marine technologies, oil and gas shipping, and smelter industries, has conducted research to evaluate the region's resource potential in cooperation with the Ministry of Land, Transport and Maritime Affairs (MLTM) of Korea. Here we present and reflect on the exploration results of these companies and their strategic plans. We also evaluate Research and Development (R&D) progress for the commercial development of seafloor hydrothermal deposits. Our own strategies and prospects for the commercial development of this potential resource are also outlined. We do acknowledge that other potentially important information regarding the amount of ore body, the inside structure, and the metal yields have not yet been clarified sufficiently. As such it is necessary to address these problems through experimental R&D and surveys.

Testing the Economic Rationality Hypothesis of the Low Fertility Trap Among Korean Youths (청년층의 경제적 합리성으로 본 희망자녀수와 출산시기 : '저출산트랩'가설을 중심으로)

  • Yoo, Gye-Sook
    • Journal of Families and Better Life
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    • v.31 no.3
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    • pp.141-151
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    • 2013
  • The purpose of this study is to test the economic rationality hypothesis of the low fertility trap among 412 college students at 13 private universities located in Seoul. The respondents were requested to complete the self-administered questionnaire, and the hierarchical multiple regression analyses were performed for analyzing the data. The major findings of this study were as follows: First, the students' views on the prospects for their future employability were 54.6% for big business, 64.51% for medium-sized business, and 49.63% for public sector. In the most employable job, the mean desired monthly salary was 3,505,400 won, while the mean expected monthly salary 2,753,600 won. Second, hierarchical regression analyses revealed that the family income in parental home was positively related to youths' consumption aspirations. Finally, the gap between youths' consumption aspirations and their expected income was negatively related to their desired number of children, while not significantly related to their planned age of first child birth. Thus, the low fertility trap hypothesis was supported in terms of birth rate drop, but not supported in terms of childbearing postponement. The implications of the study results are discussed.

Fashion Corporate Social Responsibility, Corporate Image, Product Preference, and Purchase Intention: Chinese Consumers' Perspectives

  • Zhang, Jian;Cui, Yu Hua
    • Journal of Fashion Business
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    • v.22 no.6
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    • pp.14-24
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    • 2018
  • In this age of information, companies are losing grip of their image. Perhaps this explains the reason why corporate social responsibility (CSR) has become somewhat of a buzzword among established fashion industry leaders-companies seem determined to show stakeholders that they have values, are responsible, and they are driven by more by values than the prospects of financial gain. This study assessed the effect of CSR have in the fashion industry on the corporate image, product preference, and purchase intention in China. Three hundred native residents in China participated in an online survey from 1-12th Jan 2017. The results were as follows: (1) CSR consists of five components; economic responsibility, ethical responsibility, environmental protection, consumer protection, and philanthropic responsibility. (2) Both economic and ethical responsibilities have significant positive effects on corporate image, while perceived CSR does not have significant effect on product preference or purchase intention. (3) Consumers' product preference and perceptions regarding corporate image influence their intention on making a purchase. These findings might operationally assist Korean fashion corporations to identify and address the critical aspects of CSR management which will improve their image as good corporate citizens and foster favorable attitudes toward fashion products from China. Further results and direction of future research were discussed.

The Geopolitics of Chinese Overseas Investment in Ports Under the 'One Belt One Road' Initiatives ('일대일로' 이니셔티브하의 중국 해외항만투자의 지정학적 접근)

  • Lee, Choong-Bae
    • Korea Trade Review
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    • v.44 no.1
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    • pp.285-299
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    • 2019
  • The 'One Belt One Road (OBOR)' initiative, which was promulgated as part of the enlargement policy along with the advent of Xi Jinping in 2013, is a policy to expand China's political and economic power externally through linkages with neighboring countries. China's overseas port investment plays an important role in the promotion of the 'OBOR' policy from the coast of China through maritime transportation routes from S.E Asia to Mediterranean and Europe. Since China's overseas port investment has been made from several factors such as political, economic, and military motives, it differs in purpose and character from investments made by private companies, such as Global Port Operators(GTO) which consider profitability first. This study aims to address future prospects and implications by analyzing the geopolitics of China's overseas port investment under the 'One Belt One Road' initiative. According to the results, China's overseas port investment is dominated by state-owned enterprises and political and security factors are more important than profitability. China's overseas port investment has been on a large scale in a short period of time, and China has faced with various problems both domestically and internationally. such as debt default, environmental problems, subordination problems from recipient countries and political and military confrontation with great countries such as United States, Japan and India etc.