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The purpose of this study is to define what constitutes a banking system for our target market expat clients that is on par with global standards and at the same time allows Korea to become a financial hub as well as what core competencies should be developed to gain a competitive advantage and achieve the aforementioned goals. However, this study does not simply focus on products for expats, but rather it strives to improve the system to a consistent and unified one of Total Quality Service that can be evolved into a system that is built for ease of use to market Foreign Direct Investments. Available data from the National Tax Office and the Ministry of Justice databases are collected and disseminated to determine the behavior of foreign investors. Afterwards, we give an overview then analyze the current systems and products in place by domestic banks and develop a theoretical model as a recommendation for what the local firms need to execute: through the use of case studies on global banks. Using the case studies, we develop strategies to strengthen the products and overall service strategies intended for foreign investors as well as a promotion strategy.
The overseas direct purchase is rapidly spreading based on the changes of environment such as the increase of using social media, the emergence of specialized delivery agency, and so on. The increase of overseas direct purchase also causes consumers’complaints and damages. Our government manages special customs clearance system for B2C e-Commerce goods and small sum goods, but some problems are exposed under special customs clearance for the goods by overseas direct purchase. Therefore, this study attempts to verify the problems for overseas direct purchase and special customs clearance system for overseas direct purchase goods, and to suggest the improvement measures. According to the study, considering the current trend of overseas direct purchase, it is necessary to prepare some countermeasures for protecting consumers doing overseas direct purchase in order to invigorate overseas direct purchase, and also needed to complement system for establishment of stable import clearance process; to establish the guideline for overseas direct purchasers, to build the consumer protection methods from disputes and to improve the special customs clearance system for overseas direct purchase goods.
Jurisdiction Overlaps between the Dispute Settlement under the WTO and the RTAs
한국무역통상학회 무역통상학회지 제14권 제4호 2014.12 pp.49-68
※ 원문제공기관과의 협약기간이 종료되어 열람이 제한될 수 있습니다.
With a massive movement towards RTAs since the early 1990s, scholars have paid much attention on the issue of overlapping of jurisdiction between the dispute settlements of the WTO and of the RTAs. From the case study, we can find that the overlapping of jurisdiction is likely not only to impose substantive legal costs on the defendant party but also to lead to conflict decisions, thereby undermining the security and predictability of the multilateral trading system. With the fear of incoherent jurisprudence and the threat to multilateral trading system, this article tries to find an appropriate solution to deal with the overlapping of jurisdiction. In order to find an appropriate solution for the overlapping of jurisdiction, this article examined the application of some general principles such as Res Judicata or Lis Alibi Pendens, Comity or estoppel and Forum Conveniens and Forum non Conveniens. However, as a result of the strict conditions for their application, these principles seem to be difficult to be applied to deal with the overlapping of jurisdiction. A number of treaties provides for the choice of a form clause and the exclusive clause while setting up RTAs. The potential method for WTO DSB to deal with the jurisdictional overlapping is to decline to excise jurisdiction by using the jurisdiction exclusive clause contained in the RTAs.
The concept of supply chain agility is one of the most important issues in SCM and IB literature. But, despite the importance of the SCAGI(supply chain agility), no research to date has empirically tested determinants and performance of SCAGI of korean firms. This paper seek to two purposes. First, How do proposed factors impact SCAGI? Second, Are there some relationship between SCAGI level and operational performance of korean manufacturing firms? The results obtained show that the use of SCAGI promotes oprational performance. The results of this research also indicate that coordination, cooperation/communication and inter-dependency directly impact SCAGI level.
The object of this paper is to analyse the current state and determinants of intra-industry trade(IIT) in the Korean and Chinese automotive industry. The results of analysis are as follows. In case of both countries, the trade and IIT of automotive industry is consistently getting higher since 2000. But the level of IIT is not so high. And the analysis results on determinants of IIT in both countries are very interesting. In China, the independent variable which has very high correlation with IIT index is SY(the economic size of both countries). In case of Korea the independent variable which has the most highest correlation is Dist(distance between nations). Therefore, we can expect that the IIT of two countries' automotive industry will develop further after the China-Korea FTA is in force.
This paper estimates and forecasts the Busan’s exports and imports using the monthly data for years 2000-2014. To do this, this paper uses the several seasonal multiplicative ARIMA models. Among several ARIMA models, seasonal multiplicative ARIMA model (1,0,1)×(1,0,1)12 and (1,0,1)×(1,0,1)4 are selected as the most appropriate models for the estimation of exports and imports by AIC, SC and Hannan-Quin information criterion a, respectively. According to the forecasting values of the selected seasonal multiplicative ARIMA model (1,0,1)×(1,0,1)12 and (1,0,1)×(1,0,1)4, Busan’s exports and imports will increase steadily annually for 2013-2020, but there will be some volatile variations monthly due to the seasonality. Thus, to forecast the future Busan’s exports and imports and to develop them, we need to use seasonal multiplicative ARIMA model (1,0,1)×(1,0,1)12 and (1,0,1)×(1,0,1)4 for the estimation of exports and imports,
The aim of this paper is to analyze how the protection of intellectual property rights has an influence on the technical trade between Korea and China. First, it would focus on the comparative analysis about the Korea-China's intellectual property exchange status, development process of the Korea-China's technical trade and Korea-China's technical trade exchange status. And then, it would analyze the positive and negative effects how the protection of intellectual property has an influence on the Korea-China's technical trade and would reveal the relationships between intellectual property rights applications and different patterns of technical trade. Finally, this paper would refer to the Korea-China's policies on the technical trade and conclusions.
대구ㆍ경북 중소기업 섬유산업의 온라인 수출 마케팅 전략방안에 관한 연구
한국무역통상학회 무역통상학회지 제14권 제4호 2014.12 pp.171-192
※ 원문제공기관과의 협약기간이 종료되어 열람이 제한될 수 있습니다.
Korean SMEs are actively expanding their business sector from the domestic market to the global market as a part of survival and marketing strategy. A textile quota, an expansion of free trade agreement, a rapid market inroad of newly developed countries like China, and higher trade barriers are major obstacles to the SME textile companies of the region. To smoothen export activities of the SMEs and to obtain the comparative advantage in targeted market, advanced export marketing endeavor has to be done by the SMEs. In addition, export marketing has to be diversified by country, to be differentiated by region, and to be segmentized by products. For the platform of the coming industrial strategy, a sustainable planning, an enforcement on technology innovation, and managerial renovation have to be made. Textile export on SMEs' activities are critical for the development of national economy. Once exports are expanded through the on-line export marketing, it will have an impact on domestic product. Then, it induces employment, value added, and stable national economy.
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