• Title/Summary/Keyword: trade trends

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The Comparative Study on Arbitration System of South Korea, North Korea, and China (남북한 및 중국 중재제도의 비교연구)

  • Shin, Koon-Jae;Lee, Joo-Won
    • Journal of Arbitration Studies
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    • v.17 no.2
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    • pp.101-124
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    • 2007
  • The legal systems and open-door policies to foreign affairs in North Korea have been followed by those of China. Whereas an arbitration system of South Korea accepted most parts of UNCITRAL Model Law, North Korea has succeeded to an arbitration system of a socialist country. China, under the arbitration system of socialist country, enacted an arbitration act reflected from UNCITRAL Model Law for keeping face with international trends. We have used these three arbitration system as a tool for analyzing an arbitration system in North Korea. With an open-door policy, North Korea and China enacted an arbitration act to provide a legal security. Therefore, the core parts of arbitration system in North Korea and China are based on a socialist system while those of South Korea is on liberalism. So, North Korea and China enacted an arbitration act on the basis of institutional arbitration, on the other side, South Korea is based on ad-hoc arbitration. Because of these characters, in terms of party autonomy, it is recognized with the order as South Korea, China and North Korea. Also North Korea enacted separate 'Foreign Economic Arbitration Act' to resolve disputes arising out of foreign economies including commercial things and investments. There are differences in arbitration procedures and appointment of arbitrators : South Korea recognizes parties' autonomy, however parties should follow the arbitration rules of arbitration institutes in North Korea and China. According to an appointment of arbitrators, if parties fail to appoint co-arbitrators or chief arbitrators by a mutual agreement, the court has the right to appoint them. In case of following KCAB's rules, KCAB secretariats take a scoring system by providing a list of candidates. A party has to appoint arbitrators out of the lists provided by arbitration board(or committee) in North Korea. If a party may fail to appoint a chief arbitrator, President of International Trade Arbitration Board(or Committee) may appoint it. In China, if parties fail to appoint a co-arbitrator or a chief arbitrator by a mutual agreement, Secretary general will decide it. If a arbitral tribunal fails to give a final award by a majority decision, a chief arbitrator has the right for a final decision making. These arbitration systems in North Korea and China are one of concerns that our companies take into account in conducting arbitration procedures inside China. It is only possible for a party to enforce a final arbitral award when he applies an arbitration inside North Korea according to International Trade Arbitration Act because North Korea has not joined the New York Convention. It's doubtful that a party might be treated very fairly in arbitration procedures in North Korea because International Trade Promotion Commission controls(or exercises its rights against) International Trade Arbitration Commission(or Board).

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Entries and Exits: Case Studies of the Foreign Direct Investment of Korean Consumer Electronics Chaebols in the European union (유럽연합(EU)내 한국 가전 대기업들의 진입과 퇴출)

  • Sung-Hoon Jung
    • Journal of the Economic Geographical Society of Korea
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    • v.2 no.1_2
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    • pp.145-167
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    • 1999
  • The aim the this paper is to explore the processes of three Korean consumer electronics chaebols'entries into, and exits from tile EU in the context of European integration and enlargement and at the global, regional(EU), national and local level. Korean FDI in the EU has increased sharply since the late 1980s, while interacting with the processes of European integration and enlargement. In particular, the chaebols'FDI was caused by reactions against the intensification of Euro-trade regulations. As a result, these defensive entries have led such chaebols to create a strategy of ‘defensive Europeanisation’through the formation of forward and backward linkages between chaebols’affiliates and Korean suppliers within the EU. Nonetheless, defensive FDI has given rise to exits through active relocation within and outside the EU, since the ‘late 1980s’due in the main to (1) sensitive reactions against changing EU trade regulations and (2) failures to maintain cost-competitiveness in particular host regions. Along with these trends, chaebols’entries and exits are placed in contingent and paradoxical structures of the global -regional - national-local nexus, which has resulted from the mismatch of different EU policies such as trade, inward investment and regional policies.

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Calculating virtual water for international water transactions : Korea focused international trade analysis (국제 물거래 대비 가상수 거래량 산정 : 한국 중심 국제교역량 분석)

  • Park, Sungje;Lee, Minhyeon;Park, Kyeyoung;Shin, Jihye
    • Journal of Korea Water Resources Association
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    • v.53 no.9
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    • pp.691-699
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    • 2020
  • South Korea's available water resources per capita is very small compared to global average as there is a high population on small land. Thus, it is imperative to secure water resources for the safe livelihood of the citizens. As an advanced, industrialized country, South Korean economic dependence on agricultural has greatly lowered. Unless South Korea utilizes foreign water resources, it is impossible to provide agricultural and livestock products the same as current levels. However, virtual water-related research in South Korea is still inadequate. When establishing the water resources plan, it does not consider the international trade of virtual water. This research aims to solve this issue by analyzing the international virtual water trends focusing on South Korea. Consequently, the export and import of virtual water trade was identified according to country and item for 248 countries and South Korea. According to the results, South Korea's agricultural and livestock virtual water has much higher imports than exports, which outputs with agricultural by-products being the main import. In 2018, South Korea imported 72.2 billion ㎥, which is 29 times the exported amount of 2.5 billion ㎥. The research results can be used as baseline data for establishing the national water resources plan in the future.

Directions for Agricultural Extension Services In Localization Age (지방화시대(地方花時代)의 농촌지도사업(農村指導事業) 활성화(活性化) 방안(方案))

  • Shim, Sang-Woo
    • Journal of Agricultural Extension & Community Development
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    • v.2 no.2
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    • pp.95-108
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    • 1995
  • Localization trends in Korea and trade liberalization in the world are the important challenges to agricultural extension services in Korea, and strategic directions in terms of system, organization, programs and conciousness would be necessary for adapting to the new circunstances. Some of the measures to improve and activate agricultural extension services in Korea should include the following: 1) Modification of extension personnel appointment regulations to secure specialized extension agents by the provincial administrators and county directors at the provincial and county level rural extension services. 2) Flexible organization and operation of county level rural guidance offices to meet the specific needs of local areas. 3) Strenghening the central government's financial support for effective local extension services in terms of facility and manpower. 4) Expansion of agricultural extension programs for women and urban people and quality inservice training for extension personnel.

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Analysis of Effect of Designated New Technology of Electric Power on the Electrical Construction Industries (전력신기술 제도가 전기공사업계에 미치는 영향 분석)

  • Hwang, Min-Soo;Jeon, Tae-Hyun
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.26 no.2
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    • pp.106-113
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    • 2012
  • Recently laws have been enacted to build and promote the use of smart grid. There are also increasing demands for the compliance with international trade agreements and the related international standards. Due to these rapid changes in electric power industry and the market expansion, importances of new technologies and processes have been being increased. To reflect these international trends, the government have carried out the designation of new technology for electric power industry to promote domestic industries and national competitiveness by inspiring technology developments in individual or private industry sectors. In this paper analysis of the current status of the designation of the new technology of electric power has been presented including its problem and effect on the related industries. The analysis is expected to be utilized to enhance sound development and to vitalize the electrical new technology regulation.

Principles and Directions for Urban-Rural Living Community Movement (도농공동체 운동의 추진방향)

  • Kim, Ho
    • Korean Journal of Organic Agriculture
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    • v.12 no.1
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    • pp.67-80
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    • 2004
  • Farm economy is getting worse because of the free trade trends in agriculture sector and unreasonable application of market economy principles to agricultural products. And The worldwide issues of environmental pollution as well as want of food, water and energy make human future be anxious. In addition, consumers raise questions in argument about safety of foods produced by traditional farming or imported. So I propose the urban-rural living community movement(URLCM) as an alternative plan for sustainable domestic agriculture. URLCM based on environmentally friendly agriculture and community consciousness will be able to solve many of present issues on agriculture and rural society through incessant interchanges between urban and rural community. This URLCM has to be basically founded on principles of symbiosis-coexistence and life circulation. So those that have to be driven forward arc organizing producers and consumer cooperatives, making environmentally friendly rural region and products, combining with consumer cooperatives, training the participants and so forth.

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Analysis of Current National Policy Trends for Enhancing Manufacturing Industry (국가별 제조업 진흥전략 현황 분석)

  • Lee, Hyoung-wook;Bae, SungMin
    • Journal of Institute of Convergence Technology
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    • v.5 no.1
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    • pp.33-36
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    • 2015
  • In recent years, developed and developing country such as U.S., Japan, and China push forward to enhance their manufacturing industry through national policies such as advanced manufacturing(U.S.), Industrie 4.0 (Germany), and Made in China 2025. Also, in Korea, Ministry of Trade, Industry, and Energy(MOTIE) claimed Manufacturing3.0 for encouraging domestic manufacturing industry. Manufacturing industry plays an important role in encouraging economy and employment. In this paper, we survey, analyze and summarize the current national policy for enhancing manufacturing industry.

Protection of Trade Secret (영업비밀의 보호)

  • Song, K.J.;Kim, H.J.;Key, M.H.;Choi, B.K.
    • Electronics and Telecommunications Trends
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    • v.13 no.1 s.49
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    • pp.63-77
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    • 1998
  • 현대사회에서는 정보가 중요하다. 기업활동과 관련하여 생산활동, 영업활동 및 경영활동에 관한 정보 등 기업을 운용하는 데에 유용하고 경쟁업체에 대하여 우위를 확보할 수 있게 해주는 많은 정보들이 있다. 이러한 정보를 획득하거나 축적하기 위하여는 많은 비용과 노력, 시간이 드는데 이를 적절히 보호함으로써 기업의 정당한 노력의 결과를 보호하고 정보의 개발, 축적 의욕을 고취할 수 있다. 이와 같이 영업비밀은 지적재산권의 일종으로서 비밀성을 갖는 사실상태 그 자체를 보호하는 것이다. 이는 기업비밀 또는 노하우와 부분적으로 중첩되거나 유사하지만 구별될 수 있는 개념으로서 여기서는 보호의 필요성, 성질, 요건, 침해유형, 침해시 구제방법 등을 알아보았다.

A Technology Policy for Economic Growth under the New Trade Environment (신국제무역환경에서 신성장 기술정책방향)

  • Cho, S.S.;Lim, M.H.
    • Electronics and Telecommunications Trends
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    • v.19 no.2 s.86
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    • pp.9-17
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    • 2004
  • 지속적인 경제성장을 위한 기술정책방향은 다음과 같은 두 가지 경제적 환경변화를 고려해야 한다. 첫째, 신기술을 중심으로 하는 새로운 차세대성장산업을 창조함으로써, 지속적으로 우리나라 경제성장을 견인하는 “신기술중심의 경제성장정책기조”이다. 둘째, 신무역질서에서 우리나라 경제를 안정화시켜야 하는 정책기조와, 더 나아가 세계경제발전에 기여하는 “세계경제질서에서 대한민국경제위상확보정책기조”이다. 본 논고에서는 신기술발전과 신무역질서라는 연관관계에서 어떤 신성장 기술정책방향이 바람직한 것인지 알아보자. 이 연관분석을 위하여 우리나라 주요 교역국가를 중심으로 우리나라 신기술발전이 다른 무역대상국가에 어떤 경제적 영향을 미치며, 다른 주요 교역국가인 미국과 일본의 기술발전이 우리나라에 어떤 경제적 영향을 미치는지를 정량적으로 분석하였다. 본 연구결과를 바탕으로 간단한 국제무역환경을 고려한 기술정책방향에 대하여 제언하였다.

The Trends of Domestic SI Industry and Promotion Strategies for the CALS Model Projects (국내 SI업체의 동향 및 CALS 시범사업 추진전략)

  • 정기원;임춘성;정동길
    • The Journal of Society for e-Business Studies
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    • v.2 no.1
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    • pp.131-151
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    • 1997
  • The CALS/EC is the world-wide accepted concept and its application domain is being expanded continuously throughout the private and public sectors. One of the essential points for realization of CALS/EC is to promote the domestic system integration(SI) industry. This paper describes the present status of the domestic SI companies and the clues to solve their facing problems. In order to evaluate the status of the current SI technology, the MBNQA(Malcom Baldridge National Quality Award) is adopted. The surveyed results show that the average levels of 14 SI companies over 7 evaluation criteria turn out to be 30% through 40% point. The major projects' activities of the SI companies on the information systems over the areas of trade, science and technology, industrial manpower, health and welfare, national security, etc are explained. Also, the competitive power of the SI companies is also discussed. As a target sample, the Korea Telecom(KT) CALS model project is described in terms of its Progresses and Problems. Furthermore, the strategic plans and detailed research items are proposed to resolve on-going issues.

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