• International Commerce and Information Review
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• v.1 no.1
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• pp.25-39
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• 2008

Global e-SCM (electronic Supply Chain Management) has become an important business strategy in a rapidly changing global competition environment. It encompasses both domestic business and overseas business. Overseas business, including B2B and B2G, involves the complex trade procedures across countries. So, the standardization of electronic documents (messages) and business processes is one of critical factors for the successful implementation of global e-SCM. Without standardized messages and streamlined business processes, the benefits of global e-SCM would not be guaranteed because of human intervention like re-keying business data, which may create errors, delay processes, cause additional data or procedures, etc. Thus, this paper is to review the implementation challenges of Global e-SCM, to address the needs for electronic information flows through the standardization in electronic documents and business processes for fast and accurate trade transactions in the global supply chain activities, and to assert the importance of adoption of international standards.

• East Asian Economic Review
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• v.16 no.1
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• pp.3-23
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• 2012

The recent global financial crisis has highlighted the importance of international monetary and financial system reform. The current system is deemed to be no longer adequate to meet the needs of a complex, integrated world economy. With regards to the reform of the international monetary system, there have been various proposals both in demand and supply sides. These include proposals to build a stronger global financial safety net, to diversify the supply of international reserve currency and so on. These proposals face trade-offs between desirability and political feasibility. Given this situation, a practical transition would be to strengthen policy coordination among the major economies and to reform the International Monetary Fund. The success on both fronts depends heavily on global economic governance reform and the role of the G20. Increased status and representation of Asian countries in the G20 give both privileges and responsibilities to Asians. To meet these responsibilities, Asians should put forth greater efforts to develop their intellectual leadership in global economic issues through creating new forum and institutions.

• Management Science and Financial Engineering
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• v.22 no.1
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• pp.21-26
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• 2016

We analyze how firms' global production activities affect their inventory supply and financial performance in regards to its production location. For the analysis, we use information on global production quantities of 3,076 Korean multinational firms that operate business in Europe and Asia through foreign direct investment (FDI) from 2006 to 2013. Our estimation results show that an increase in global production ratio, measured by global production/total production, decreases inventory supply and financial performance of firms that produce in European countries, while it decreases financial performance of firms that produce in Asian countries. Although our results indicate that global production decreases financial performance of firms that produce in Europe and Asia, we find that its negative effects on financial performance are different based on the market demand uncertainty.

• International Commerce and Information Review
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• v.7 no.4
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• pp.305-322
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• 2005

To meet the demand of Korea's e-trade, global e-trade should be implemented and the global network is absolutely needed for the completion of e-trade. In this regard, this study suggested the concept and effect of global e-trade and analyzed the current status of PAA, ASEM projects which have been processing as pilot projects. Also, it derived tasks for the implementation of global e-trade through SWOT analysis and made up questions to the firms which are participating the pilot projects. Therefore, the four implementation models of global e-trade network are brought up. These models are very similar to each pilot project such as PAA, ASEM, and could be classified by developed and developing countries.

• 한국정보디스플레이학회:학술대회논문집
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• 2002.08a
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• pp.545-547
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• 2002

The antiferroelectric liquid crystal display (AFLCD) is unique display that can show the perfect moving image using the passive matrix driving scheme. We optimized the driving waveform and introduced the dual driving method. Also, by improving this driving method and using line inversion method, we realized AFLC display with high image quality, which has 160(RGB)${\times}$240, 32768colors, crosstalk free and flicker free. The contrast ratio is greater than 60:1, and the brightness is above 200cd/$m^2$.

• Journal of Engineering Education Research
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• v.17 no.3
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• pp.3-7
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• 2014

This study was conducted to compare global mindset competency between engineering and non-engineering college students. Participants were 100 engineering and 202 non-engineering college students. Results indicated that engineering college students showed significantly lower mean scores on foreign understanding and self-directed adaptability than non-engineering college students, whereas there were no significant differences on self-ratings of foreign language ability. Hierarchical regression analyses revealed that the incremental validity of global mindset competency factors on global competency was significant. Finally, limitations of the present study and suggestions for further studies were discussed.

• Journal of the Society of Naval Architects of Korea
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• v.44 no.3 s.153
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• pp.314-322
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• 2007

In general, the vibration and structural analyses have been carried out by using each finite element model separately because of different size of finite element mesh and different focusing area of each analysis. In some cases, however, it is required to perform both global vibration and structural analyses at the same time using a finite element model for global structural analysis, which asks for a special treatment for a vibration analysis. In this study, a technique to perform a global vibration analysis using a finite element model for a global structural analysis has been developed and its effectiveness has been verified by its application to a whole ship.

• KDI Journal of Economic Policy
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• v.42 no.2
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• pp.57-84
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• 2020

This study analyzes global inflation synchronization and derives policy implications for the Korean economy. Unlike previous studies that assume a single global inflation factor, this study investigates if inflation in Korea can be explained further by other global inflation factors. Our principal component analysis provides three principal components for global inflation that are linked to the Korea inflation rate - the first component is closely related to OECD inflation, and the second and third components reflect China's inflation. This study empirically demonstrates via in-sample fitting and out-of-sample forecasting that the three principal components of global inflation play a significant role in explaining and predicting Korean inflation in the short-term, while their role is limited in the mid-term. Domestic macroeconomic variables are found to be more important for the mid-term movements of the Korean inflation rate. The empirical results here suggest that the Bank of Korea should focus more on domestic economic conditions than on global inflation when implementing monetary policy because global factors are likely to be already reflected in domestic macro-variables in the mid-term.

• East Asian Economic Review
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• v.18 no.2
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• pp.143-161
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• 2014

This paper examines the effects of global liquidity expansion on advanced and emerging economies by using panel VAR methodology. The results show that global liquidity expansion tends to boost economy by increasing GDP growth and stock prices. However, we find that the effects are asymmetric. The effects of global liquidity on GDP and stock prices are greater and more persistent in emerging economies than in liquidity recipient advanced economies. Moreover, global liquidity appreciates emerging economies' exchange rates more persistently than those of advanced economies. Lastly, while global liquidity expansion increases foreign portfolio investment inflows to Asian countries and liquidity recipient advanced economies, there is no evidence for Latin American countries.

• 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.