• 공학교육연구
• /
• 제15권4호
• /
• pp.8-13
• /
• 2012

The Engineering school of Tohoku University has been offering a Team-based Engineering Design Course to its first year students since 1996 in order to increase the level of both motivation and interest in engineering. Freshmen are required to select one of approximately 150 topics and do some research on this topic. This course also provides opportunities for students to participate in exchange programs with the University of Washington (UW) and the University of Science and Technology Beijing (USTB). In the Tohoku-UW exchange program, which began in 1999, between 10 and 25 students of Tohoku visit the UW annually to present the results of the subjects the school has appointed in advance in the Team-based Engineering Design Course. In the Tohoku-USTB exchange program, which began in 2007, about 15 students from each university participate in a one day meeting organized by the students themselves. They give a presentation on either the results of the subject they selected in the course, or on an engineering related topic both groups have agreed to in advance. In this paper, a detailed history, the objectives, a schedule and the budget in these unique exchange programs is introduced together with an outline of the course and its contribution to the engineering design education.

• International Journal of Precision Engineering and Manufacturing
• /
• 제6권4호
• /
• pp.8-13
• /
• 2005

Interoperability has been the problem of CAD/CAM systems. Starting from 1980's, national and international organizations have addressed the issue through development and release of standards for the exchange of geometric and nongeometric design data. To CAD/CAM vendors, the task of interpreting and implementing these standards falls into their products. This task is a balancing action between users' needs, available development resources, and the technical specifications of standards. This paper explores an area of CAD/CAM systems development, particularly the implementation of the effective exchange files translators'. A new approach is introduced, which proposes to enclose all the translation operations concerning each exchange format to a separate DLL, thus making a 'plug-in.' Then, this plug-in could be used together with the CAD/CAM system or with specialized translation software. This approach allows to create new translators rapidly and to gain the reliable, high-efficiency, and reusable program code. The second part of the paper concerns the possible problems of translators' development. These difficulties often come from the exchange standards' misunderstanding or ambiguity in standards. All examples come from the authors' practice experiences of dealing with CAD/CAM systems.

• The Journal of Asian Finance, Economics and Business
• /
• 제8권4호
• /
• pp.601-611
• /
• 2021

There are many asset prices which are interlinked and have a bearing on the stock market index. Studies have shown that the interrelationship among these asset prices vary and are inconsistent. The ultimate aim of this study is to examine the dynamic relationship between gold price, oil price, exchange rate and stock index. Monthly time series data has been utilized by the researcher to examine the interrelationship between four variables. The relationship among stock exchange rate index, oil price and gold price have been undertaken using regression and granger causality test. The results indicate that the exchange rate and oil price have an indirect influence on NIFTY; whereas gold price had a direct impact on NIFTY. It is evident from the results that volatility in the price of gold is mainly dependent on the exchange rate and vice versa. All the variables affect NIFTY in some way or the other. However, gold has a direct and vital relationship. From the study findings, it can be concluded that macroeconomic variables like commodity prices and foreign exchange rate, gold and oil, have a strong relationship on the return on securities at the national stock exchange of India.

• The Journal of Asian Finance, Economics and Business
• /
• 제8권2호
• /
• pp.791-800
• /
• 2021

Along with the trend of financial globalization, Vietnam has undergone a process of increasing financial integration. The great capital inflow poses a problem for the monetary policy's ability to follow a planned target during the changes in the global financial markets. This paper aims to examine the impact of financial integration on monetary policy independence in Vietnam and investigate the role of foreign exchange reserves on this relationship. The research borrows from Mundell-Fleming's Trilemma theory. The results show that increasing financial integration reduces the independence of monetary policy in the short term, and foreign exchange reserves have not shown an apparent role in Vietnam. In addition, increasing exchange rate stability has a negative impact on the independence of monetary policy, but it has an impact on growing market confidence and partly supporting the management process of monetary policy in the short term. Therefore, in the long run, Vietnam needs to allow exchange rate flexibility more, but there should not be sudden changes; the size of foreign exchange reserves should be strengthened to facilitate the implementation of an independent monetary policy with an obvious impact in the context of an increasing scale of international capital flows in the future.

• 융합경영연구
• /
• 제12권3호
• /
• pp.1-12
• /
• 2024

Purpose: As a major economy attracting foreign investment, China is currently facing significant international economic pressure due to the appreciation of the RMB. Additionally, China is at a critical period of socio-economic development, where foreign direct investment (FDI) plays an indispensable role in stabilizing economic growth, adjusting industrial structure, and promoting economic transformation. Research design, data and methodology: This paper focuses on the relationship between RMB exchange rate expectations and FDI. It examines the magnitude of their relationship through empirical research using cointegration tests, Granger causality tests, and BVAR (Bayesian Vector Autoregression) analysis. Results: The comprehensive study of the empirical results in this paper concludes that there is a long-term cointegrated relationship between China's RMB exchange rate expectations and foreign direct investment, indicating that their relationship is stable in the long run. It is also found that RMB exchange rate expectations have a significantly positive impact in the short term, but this impact is not significant in the long term. Conclusions: The paper also considers the possibility of establishing a China-EU Free Trade Area in the future and offers policy recommendations regarding RMB exchange rate expectations and foreign direct investment.

• 통상정보연구
• /
• 제15권3호
• /
• pp.41-62
• /
• 2013

본 논문은 외환보유고 축적이 신흥경제권의 금융시스템에 중 장기적으로 어떠한 영향이 미치는지에 대해서 고찰하였다. 외환보유고의 축적은 신흥경제권에 있어서 금융위기의 재발방지라는 관점에서 매우 유효한 수단이며 금융위기의 리스크를 줄이기 위한 수단이기도 하다. 외환보유고의 과도한 축적이 경제적으로 대외채무, 국내소비, 국내투자 및 경제성장에 각각 어떠한 영향을 미치는지 중 장기적인 관점에서 보면 외환보유고의 축적이 국내소비를 감소시키는 한편 수출증가에 의한 무역재 산업의 확대를 가져온다. 즉 무역재 산업의 확대는 무역재 산업이 자본집약적인 경우에 국내투자의 확대를 통해서 경제성장에 긍정적인 영향을 준다. 그러나 중국은 국내투자를 대폭적으로 확대하는 정책을 실시하고 있지만 그 외의 국가에서는 과도한 외환보유고의 축적으로 인해서 국내투자가 정체되고 있다. 이러한 사실은 중국을 제외하고 과도한 외환보유고의 축적이 비무역재 산업의 축소를 통해 중 장기적으로 경제성장을 침체시킴으로서 잠재적인 리스크가 높아진다는 것을 의미한다.

• 한국융합학회논문지
• /
• 제9권4호
• /
• pp.201-208
• /
• 2018

본 연구는 지방자치단체의 국제화 역량을 강화하고, 민관협력 기반의 국제교류협력을 보다 활성화하기 위한 방안으로 지역혁신거점으로서 과학단지 조성 사업의 수요를 분석해보고자 한다. 이를 위해 개발도상국 도시를 대상으로 i)국제교류협력에 대한 주요 관심분야와 기대효과, ii)주요 사업에 대한 선호도, iii)개발협력 사업에 대한 수요 등을 파악하고, iv)세부사업들 간의 네트워크 분석을 통해 핵심 프로그램은 무엇인지 파악해 보았다. 이러한 분석을 통해 개도국 도시는 산업 및 경제 분야의 발전을 위해 교류협력 사업을 원하는 것으로 조사되었으며, 특히 지역의 전략산업 육성을 위해 산업인프라 개발 및 선진시스템 전수를 원하는 것으로 분석되었다. 또한, 지역개발을 위한 개발협력 사업으로써 과학단지 개발에 관한 요구가 크게 나타나고 있는 것으로 조사되었다. 이를 통해 개도국 도시는 개발협력 사업을 통해 지역개발과 산업발전을 위한 플랫폼 구축으로서 과학단지를 개발하고, 지속적인 교류협력을 통해 선진 도시의 발전경험을 습득하기 원하고 있음을 유추해볼 수 있었다.

• 대한안전경영과학회:학술대회논문집
• /
• 대한안전경영과학회 2005년도 추계학술대회
• /
• pp.569-579
• /
• 2005

International capital movement has made progress at global liberalization of finance and foreign exchange, international monetary norm changing into floating exchange rate system, easiness of collection of information and trade at improvement of information communication technology from early of 1970's. Results of empirical test for relation between foreign exchange rate or various determination factors of foreign exchange rate and interest rate are followed by next sentences. First, according to relation between foreign exchange rate and interest rate, correlation for each of variables after OECD entrance is increased. 'But, long-term & short-term interest rate is affected by Hanbo & Kia's bankruptcy, continuous large scale coporates bankruptcy and crisis of foreign exchange. Therefore, financial instability is occured. If portfolio investment fund has been inflow as it is mollified by continuous shortage of foreign exchange and fall of country's credit rating, it is expected to have positive effect for long-term & short-term interest rate from appreciation of won against dollar. Second, results from relation between determination factor of foreign exchange rate and interest rate are followed by next sentences. If surplus of current account and goods account is continued, yield of corporate bond is to be stable. But, margin of surplus is expected to diminish after second quarter 98, and difference between external and domestic interest (after adjusting foreign exchange rate) is to be diminished. And if net inflows of foreign investor's fund (stock and bond) is diminished, it is to have negative effect for yield of corporate bond. According to foreign investor's investment movement of previous years, hedge fund were stayed at least during two years in Mexico. It means that sudden capital outflow is not to be happened at Korea.

• 대한교통학회:학술대회논문집
• /
• 대한교통학회 1998년도 Proceedings The 4th International Transport Symposium
• /
• pp.71-76
• /
• 1998

The construction of the Shanghai International Shipping Center is a prerequisite for building Shanghai into an international center of economy, finance and trade. Shanghai has excellent conditions for becoming an international shipping center, and, under the leadership of the national government, Shanghai is advancing towards this goal for the next century.

• 무역학회지
• /
• 제42권6호
• /
• pp.131-154
• /
• 2017

국제무역에서 운송수단의 선택은 일반적으로 화물의 운임이 가장 큰 직접적인 영향을 주지만 그 외 세계경기의 상황과 글로벌 무역규모 그리고 환율 등의 외부변수에 의해서도 민감하게 반응한다. 따라서 국제무역에서 해상 및 항공운송 수출입의 변화에 이러한 외부적 요인 등을 고려하여 어떠한 관계 또는 영향이 있는지를 실증분석을 통해 살펴보고 시사점을 도출하고자 한다. 최근과 같이 환율의 변화가 심할 경우 해상 및 항공운송에 미치는 영향에 대한 분석은 중요한 주제이며 어떠한 운송수단이 환율변화에 더 민감하게 반응하는지에 대한 분석도 필요하다. 본 연구에서는 2000년 1월~2017년 3월까지 월별 자료를 이용하여 환율의 변화와 국내외 경기수준이 해상 및 항공운송에 미치는 동태적 영향을 분석하기 위해 벡터오차수정모형을 이용하였으며, 충격반응함수 및 예측오차 분산분해도 함께 분석하였다.