• Title/Summary/Keyword: international economics

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Home Economics: Potentials for Professionalism (가정학 교육과 직업)

  • 윤복자
    • Journal of the Korean Home Economics Association
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    • v.18 no.2
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    • pp.63-68
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    • 1980
  • In a rapidly changing Korean society, the role of home economics in ideological education and practical professionalism is faced to be reset. In this article the author reviews home economics and career opportunities. the following issues were discussed in detail : 1. Home Economics and Occupation ; a) As professionals in the field of home economics, job applicants must carry their message in person to potential employers. Employers must be taught that persons with home economics degrees have the capabilities and qualifications to fill a variety of positions. b) In may of 1977, Vocational Education Coalition was established by American Home economics association (AHEA), American Vocational Association, and Home Economics Education association This coalition defined the vocational education as occupation of homemaking and paid employment in home economics occupations for women and men. 2. Home Economics in business: Twelve percent of the total membership of the AHEA is affiliated with the home economics in business section. A professional management consultant, Dr. strain's viewpoint and corning Glass Work's case about business value in the home economics were summarized; a) Why a business employs a home economist. b) Why a business does not employ a home economist. c) Enhancing the home economist's value. d) Home economist's roles in corning Glass works. 3. Creating a Career: a) Mrs. Maineri's story. b) Family financial counselors. c) Home economist and displaced homemaker. d) Job opportunities in international services. Since the role of home economics in Korea has had little perception in professionalism, the following issues require immediate and serious attention to enhance career opportunities for home economists: Employers and government's recognition of home economist's value, Home economist's attitude to enhance their value, Fair employment and sex discrimination, Curricula adjustment, and Support from women's organization for employment opportunities, fair treatment, top jobs, etc.

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The Impact of Environmental Factors on the International Harmonization Process of Accounting on SMEs: Evidence in Vietnam

  • NGUYEN, Dung Duc
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.641-649
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    • 2020
  • The study examines the effect of environmental factors on the international harmonization process of accounting on small and medium enterprises in Vietnam. These factors include legal environment, business environment, and cultural environment. The data is collected by a survey of 100 accountants and 100 auditors on the factors that affects the international harmonization process of accounting. The T-Tests indicate differences between the answers of the accountants and auditors. First, for the accountants, legal environment has the biggest effect on the harmonization process of accounting; while on the auditors, business environment has the biggest influence. Second, while the accountants consider costs higher than benefits in the harmonization process of accounting, the auditors assume that benefits are superior to costs that businesses spend. Third, both the accountants and the auditors indicate that the harmonization process of accounting should not be applied for all small and medium enterprises. From the study results, the author has given a different evaluation method that Vietnam should implement for international harmonization with the required adjustments as per the suitability with the status of businesses in Vietnam. The process of harmonization in accounting practices should not be indiscriminately applied to all the small and medium enterprises either.

Industrial Effects of Tariff Removal between Korea and Japan (한·일 양국간 산업별 관세철폐 효과)

  • Lee, Hong Bae;OH, Dong Yoon
    • International Area Studies Review
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    • v.13 no.2
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    • pp.41-65
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    • 2009
  • This study based on international input-output model shows various static analyses of the effects by estimating the intermediary goods' trade volume that affects the industrial production. When concluding tariff removal between Korea and Japan, as intermediary goods import increases, Korea's trade balance deficit with Japan is expected to grow more than before. However, Korea's increase in export to the world is the largest benefit Korea can earn from tariff removal between the two countries.

A Study on the Selection of Means of Transportation in International Logistics

  • Kim, Jin-Hwan
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.2
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    • pp.55-69
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    • 2022
  • Purpose - This study is a study to investigate the problem of the selection of means of transportation in international logistics by studying the basics of logistics activities, selection factors of transportation methods, and multimodal transportation. Research design, data, methodology - This study is composed of 5 chapters through literature study. Chapter 1 describes the functions and transportation system of international logistics, Chapter 2 selects transportation, Chapter 3 deals with maritime transportation and multimodal transportation, Chapter 4 describes multimodal transportation in terms of customer service, Chapter 5 addresses the implications and conclusions. Results - When looking at the problem of selecting a means of transportation, it is important that the parties involved in the transportation choose which means of transportation for their convenience and profit during the transportation process. Here, there will be factors to consider, including transportation cost, when selecting a means of transportation, and each means of transportation may have characteristics or advantages and disadvantages. Considering all these points, the adoption of multimodal transportation from a customer service point of view may be the answer. Conclusions - This study pays attention to the academic understanding related to the selection of means of transportation and to how usefully this thesis can be used in the selection of transportation related persons, especially shippers, from a practical level.

Basel III Effects on Bank Stability: Empirical Evidence from Emerging Countries

  • ASGHAR, Muhammad;RASHID, Abdul;ABBAS, Zaheer
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.3
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    • pp.347-354
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    • 2022
  • This article examines the influence of Basel III reforms, risk management, and banking sector efficiency on banks' financial stability in emerging countries. The data for this study is collected from various sources. Based on the GDP classification of IMF, the top 22 countries were selected as the sample. The sampling frame includes all six regions of the world including 482 banks and 3022 observations in total. The empirical analysis is carried out by estimating the random effects models. It is found that the effects of capital buffer, liquidity, and risk management practices are significant on financial stability. It is also noticed that the capital buffer has a constructive and significant influence on financial stability. However, liquidity management shows a mixed impact, as in some countries, its impact is positive and significant while, in other countries, it is insignificant. Risk management practices have an overall positive influence on financial stability in the case of large economies. However, results are insignificant in the case of small economies. Bank-specific variables, namely profitability, size, and efficiency have a positive whereas, loan quality has a negative impact on financial stability in the emerging countries. GDP has a positive impact on financial stability whereas inflation and unemployment both have a negative effect on financial stability.

The Payment Term Choice on E-marketplace: Focusing on Status Quo Bias and Anchoring Effect (무역거래알선사이트에서의 결제조건 선택: 현상유지편향과 정박효과를 중심으로)

  • Yoon Lee;Hong-joo Jung
    • Korea Trade Review
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    • v.46 no.1
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    • pp.23-38
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    • 2021
  • This paper investigated the preference change of payment terms in international trade along with counteroffer or first offer conditions of the other parties. Studies on trade payment terms have mainly focused on payment term determination factors such as firm size, product price level, country credit rate, etc. We tried to find other factors affecting payment terms choice, during the negotiation process. We applied behavioral economics theories such as 'Status Quo Bias' and 'Anchoring effect' to build our research model. To prove the existence of the above effects, we proceeded with field experiments to the exporting companies in Alibaba.com. Both 'Status Quo Bias' and 'Anchoring effect' were found in the field experiment. Most of the exporting companies preferred traditional payment methods to new payment methods. And an initial request for a low advance payment ratio led to a lower advance payment ratio. Also, the experience of using new payment methods could diminish status quo bias. This paper applied behavioral economics theories and field experiment methodology to the payment term studies in international trades. These attempts could contribute to expanding the diversity of methodology and scope of international trade studies.

A Study on Clean Bill of Lading under the Uniform Customs Practices

  • Jaesung LEE
    • East Asian Journal of Business Economics (EAJBE)
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    • v.11 no.4
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    • pp.29-39
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    • 2023
  • Purpose - Disputes arising from documentary letter of credit transactions are not decreasing. According to a statistical data from the ICC, 60-70% of letters of credit in use around the world, so, Incoterms rule specifically defines the bill of lading review procedure. Research design, data, and methodology - The refusal due to large or small inconsistencies in terms and conditions when first presenting documents with bill of lading. First of all, confusion was caused by the ambiguous regulation as the bill of lading is a document that serves as evidence of the transportation contract. Result - Bill of lading indicates the rights to the cargo as well as a bill of lading, which is evidence of a transportation contract concluded between carriers, is a document that allows a carrier to receive or ship cargo and ship it by sea. It is a security that promises to be delivered through transportation to the rightful holder of the bill of lading. Conclusion - Because of its importance, the Uniform customs practices for Letters of Credit stipulate acceptance requirements for transport documents, including bills of lading. In addition, the International Standard Banking Practices (ISBP) established by the International Chamber of Commerce also provide supplementary provisions.