scholarly journals South Korea’s Economic Development and Trade Relations with Serbia: Trends and Perspectives

2021 ◽  
Vol 59 (2) ◽  
pp. 211-226
Author(s):  
Sanela Mrdaković ◽  
Miloš Todorović
Keyword(s):  
Economic Development ◽  
Human Resources ◽  
South Korea ◽  
Developed Countries ◽  
Academic Community ◽  
Development Model ◽  
Economic Relations ◽  
Trade Relations ◽  
South Korean ◽  
Current Trends

Abstract The spectacular economic development of South Korea in recent decades has continuously intrigued economists, academic community and general public. Whether such a development model be applied to other, less developed countries is one of the topics often explored in a number of studies and debates. Therefore, the principles of South Korean development model and the economic parameters of its foreign trade today, are some of the research aims of this paper. The research focuses on economic relations between South Korea and Serbia, current trends and prospects for future economic cooperation through the analysis of comparative advantage of the most prominent export products and industries, using the RCA index. The analysis shows that Serbia has a potential to further improve cooperation with South Korea in several export sectors, and coupled with investments in human resources and infrastructure, as well as the active promotion of Serbian market to South Korean companies, it may be one of the vectors of their future cooperation.

DEVELOPMENT OF UZBEKISTAN-SOUTH KOREA RELATIONS (2000-2020)

2020 ◽  
Vol 6 (3) ◽  
pp. 31-36
Author(s):  
Fazilat Nurmetova ◽  
Keyword(s):  
Economic Development ◽  
Human Resources ◽  
South Korea ◽  
Strategic Partnership ◽  
Internet Services ◽  
Scientific Publications ◽  
Economic Relations ◽  
Financial Cooperation ◽  
South Korean ◽  
Heads Of State

The article states that the Uzbek-South Korean economic relations have reached a new level, in particular, the Joint Statement of the Heads of State on the comprehensive deepening of the Strategic Partnership, the Memorandum of Cooperation between the Ministry of Employment and Labor and the Ministry of Human Resources, 2018-2020. Intergovernmental Agreement on Loans from the Fund for Economic Development and Cooperation and the Fund for Reconstruction and Development of Uzbekistan Export-Import Bank of Korea, an agreement on financial cooperation relations have been analyzed using scientific publications and Internet services.

scholarly journals Impediments to Sustaining South Korea’s Economic Development: Pathologies of Cooperation in Intra-Team Dynamics of Technology Commercialization

2019 ◽  
Vol 11 (11) ◽  
pp. 3040
Author(s):  
Tahir Hameed ◽  
Peter von Staden ◽  
Ki-Seok Kwon
Keyword(s):  
Economic Development ◽  
South Korea ◽  
Policy Making ◽  
Linear Models ◽  
Technology Policy ◽  
Developed Countries ◽  
Technology Commercialization ◽  
Team Dynamics ◽  
South Korean ◽  
Interdependence Theory

Technology innovation and commercialization have been the cornerstone of South Korea’s remarkable economic development. In this paper, we argue that South Korea’s technology-based economic development is unsustainable without fundamental changes in its technology policy-making and implementation approaches. Developed countries’ systems of innovation (SI) operating at the technology frontier have increasingly embraced bottom-up technology policy, making them more reliant on cooperation among teams at the project level. Drawing on Social Interdependence Theory, this research finds that the intra-team dynamics of South Korea’s technology transfer and commercialization (TTC) process negatively impacts on not only current TTC projects, but also the transition of South Korean SI toward an integrative policy approach that fosters innovation and commercialization. It is clear that the top-down policy-making model supportive of linear models of innovation that South Korea has relied on for so long needs to be replaced. However, the current intra-team dynamics of TTC teams may continue to hinder this transition. While Korean TTC teams perceive themselves to be cooperative and effective in general, there is a pronounced lack of cathexis which undermines their cooperation. This may be an impediment to the success of technology commercialization teams and their projects. Further research is warranted to confirm this finding and explore the extent to which this problem hinders the sustained technology-led development of South Korea.

scholarly journals SOUTH KOREAN LEADERS IN THE POLITICS OF DEMOCRATIZATION

2017 ◽  
Vol 3 ◽  
pp. 147-168
Author(s):  
Grażyna STRNAD
Keyword(s):  
Economic Development ◽  
South Korea ◽  
Cultural Heritage ◽  
Political Development ◽  
Political System ◽  
Political Leadership ◽  
Authoritarian Regimes ◽  
Political Leaders ◽  
South Korean ◽  
Late Twentieth

This article aims to show the process of formation and operation (functioning) of the changing political system of South Korea. It is undertaken for the analysis of the process of the collapse of the former authoritarian political system and formation of South Korean democracy. Indicated in this article are the roles and participation of political leaders (Chun Doo Hwan, Roh Tae Woo, Kim Young Sam, and Kim Dae Jung) in the process of intense political change that took place in South Korea from the 1980s to the late twentieth century.During the authoritarian regimes of South Korea, the nation recorded spectacular economic development, but without political development. Political leadership in the democratization of the country was still authoritarian. Core values and attitudes of politicians pointed to the presence of the cultural heritage of Confucianism in politics.

scholarly journals Analysis of Global Economic and Political Factors and Challenges of the Eurasian Economic Integration

2020 ◽  
Vol 14 (3) ◽  
pp. 34-43 ◽  
Author(s):  
V. A. Zubenko ◽  
A. M. Masalimova
Keyword(s):  
Economic Integration ◽  
Regional Integration ◽  
Developed Countries ◽  
Customs Union ◽  
Member States ◽  
Economic Relations ◽  
Trade Relations ◽  
Positive Effects ◽  
Integration Effect ◽  
Economic Ties

The development of the EAEU takes place in the context of the formation of a new system of world economic relations and the transformation of the rules of world trade. Further areas of multilateral cooperation between states and regional integration associations are emerging (including the digital economy, cryptocurrencies). As a consequence of the aggressive foreign policy of economically developed countries, the regionalization of trade and economic ties is gaining popularity, which makes it urgent to reformat trade relations with regional integration associations. Along with this, the primary integration effect associated with the opening of national markets and the simplification of trade rules, which manifested itself at the first stages of the formation of the customs union and the single economic space (CES), is being exhausted. The volumes of mutual trade of the member states are changing, but its share in the capacity of the common market of the EAEU remains virtually unchanged from year to year. The further growth of trade and economic ties within the EAEU is mainly due to the removal of existing obstacles and the qualitative improvement of the conditions for doing cross-border business. Various negative phenomena distort the integration agenda and substantially neutralize the positive effects of integration. The reasons noted above make the task of a comprehensive study of the economic and geopolitical factors of the integration of member states and new challenges to the integration processes urgent. To develop approaches to strategic planning for the development of the EAEU, adequate assessments of the use of the integration potential of the member states should be made and areas with the most significant reserves for building up integration cooperation should be identified. The full involvement of Armenia and Kyrgyzstan in the orbit of the Eurasian economic integration, as well as severe changes in the external economic situation that have occurred in recent years, require the actualization of possible scenarios for the development of the Eurasian Economic Union and the development of new tactics for the response of the EAEU and the Union member states to newly emerging factors and challenges affecting on integration processes.

scholarly journals Social Economic Development and the Human Resources Management

2017 ◽  
Vol 6 (1) ◽  
pp. 73-76
Author(s):  
Nada Krypa
Keyword(s):  
Economic Development ◽  
Human Resources ◽  
Human Resource ◽  
Human Resources Management ◽  
Developed Countries ◽  
Economic Policies ◽  
Resources Management ◽  
Socio Economic Development ◽  
Economic Development Plan ◽  
Set Up

Abstract Bratton & Gold (2000) stated that socio economic development is playing crucial role in managing human resource progression in developed and developing countries. In the contemporary era developed countries such as USA, UK, Australia and many other European countries are using such progression strategies. National Socio-Economic Development Plan is one of the major strategies that involve welfare of unemployment, poverty, infrastructural development and transportation up gradation. Moreover, socio economic development also includes set up of hospitals and educational institutions (Bambangi, 2007). Such development statistics and process are outlined in various newspapers, magazines and periodical articles. These informative papers help the local human resource management in gaining proper insights on working and economic policies. In the current study importance and relation between socio-economic development and the human resources management will be outlined.

scholarly journals The Role of Education in Economic Development: A Comparison of South Korea and Kyrgyzstan

2018 ◽  
Author(s):  
Nargiza Sakmurzaeva
Keyword(s):  
Economic Development ◽  
South Korea ◽  
Technological Development ◽  
National Policy ◽  
Developed Countries ◽  
Developed Country ◽  
National Budget ◽  
The World ◽  
Small Economy

Education plays a big role in the economic development of the country. No country can achieve sustainable economic development without educated human capital. Education helps people to understand themselves and world. It improves the quality of their lives and leads to broad social benefits to individuals and society. Education is a very important in raising productivity of people and promotes technological development. The main purpose of this paper is to identify the role of education in the economic development by comparing South Korea and Kyrgyzstan which are represents developed and developing countries of the world. South Korea, for example, is a highly industrialized and developed country which educational system is in the list of the best 10 systems in the world. In opposite, Kyrgyzstan is an agricultural country which economy is dominated by minerals extraction, agriculture, and reliance on remittances from citizens working abroad. As a result of the research it can be concluded that education is a compulsory and one of the major tools for development of one country. A developing country with a small economy such as Kyrgyzstan should take an example from South Korea and allocate much money from the national budget for the education. So, it is important for Kyrgyzstan to implement educational policy of developed countries within the framework of national policy.

scholarly journals Сhallenge of COVID-19 and Priorities of Economic Development of the Republic of Korea

2020 ◽  
Vol 13 (5) ◽  
pp. 204-218
Author(s):  
A. N. Fedorovsky
Keyword(s):  
Economic Development ◽  
Republic Of Korea ◽  
Public Confidence ◽  
Stable Operation ◽  
Economic Relations ◽  
South Korean ◽  
Asean Member ◽  
The Republic ◽  
The Stability ◽  
The One

The article analyzes the South Korean experience of dealing with the crisis phenomena that most countries faced at the national and global levels in 2020. The fact that the spread of the COVID-19 pandemic has exacerbated the previously negative internal and external trends has made the problems of socio-economic development of the Republic of Korea more acute. Among them – the chronic difficulties of South Korean small and medium-sized businesses, the pressure by the president Trump’s protectionist measures in the US-South Korean and international trade in general, the consequences of the aggravation of the USChina standoff. The key challenges associated with the imposition of negative external factors on existing internal imbalances are evaluated. The analysis of the state policy to counteract the spread of the COVID-19 virus is carried out. The article examines the prerequisites for the stability of the national economy and the anti-crisis measures taken to resist internal and external challenges in the context of the pandemic, and assesses the prospects for correcting the development course that has developed in the Republic of Korea in recent years. The role of the created complex of innovative industries and modern medical support system is emphasized. The importance of public confidence in the government’s preventive health measures is noted. It shows, on the one hand, the importance of international value chains as a possible source of instability risk in the context of a pandemic, and, on the other hand, the potential of medical-related industries to maintain the dynamics of foreign economic relations. The importance of coordinating anti-crisis measures with China for the Republic of Korea in creating conditions that limit the spread of COVID-19 while maintaining the stable operation of major industries is noted. The prospects for Seoul’s participation in regional projects are evaluated, as an example, the activation of exports to ASEAN member countries of medical equipment and technologies aimed at combating the pandemic is given.

scholarly journals Strategi Mengoptimalkan Pesantren Berkemajuan pada era pandemi Covid-19 di Lingkungan Persyarikatan Muhammadiyah Bandung

Bayani ◽  
2021 ◽  
Vol 1 (1) ◽  
pp. 1-14
Author(s):  
Inding Usup Supriatna
Keyword(s):  
Economic Development ◽  
Human Resources ◽  
Boarding School ◽  
Development Model ◽  
West Java ◽  
Business Units ◽  
Insight Into ◽  
Selection Of

This research is a descriptive observation. The purpose of writing this research is to provide insight into the development model of the Muhammadiyah Islamic Boarding School in West Java, especially in Bandung. The selection of the Pesantren was done purposively with the consideration that the Muhammadiyah Islamic Boarding School, because it has declared a progressing Modern Islamic Boarding School, must be maintained and maintained so that it becomes the character and characteristic of the Muhammadiyah Islamic Boarding School. Some examples are mostly taken from 'Aisyiyah Boarding School Bandung, because it has several developments both in terms of curriculum, Human Resources (HR) development, including economic development and business units.

scholarly journals Trade and economic relations between Russia and the Netherlands: formation and development

2020 ◽  
pp. 5-22
Author(s):  
A. I. Makarov ◽  
E. A. Rubinchik ◽  
M. A. Kladkin
Keyword(s):  
The Netherlands ◽  
Foreign Trade ◽  
Bilateral Trade ◽  
Historical Review ◽  
Developed Countries ◽  
Economic Relations ◽  
Industrial Cooperation ◽  
Trade Relations ◽  
National Leaders ◽  
The Russian Empire

Successful development of mutual trade and economic ties between Russia and the Netherlands has been lasting for centuries. In ancient times, when both states were actively developing, vessels loaded with various goods were already cruising between their shores; while national leaders were building bilateral trade policy. The development of cooperation reached its peak during the time of Peter the Great, when the Russian Empire carried out industrialization by entering into a full-scale international industrial cooperation with its historical partner. Participation of the Russian state in the development of trade and economic relations with the Netherlands took different shapes depending on the current needs and capabilities of the country. However, specially authorized envoys who carried out their functions on the territory of the Netherlands played exclusively important role in it, whether they were representatives of the Ministry of Trade and Industry of Tsarist Russia in Rotterdam or the People's Commissariat for Foreign Trade in the pre-war years. October 1945, when the Trade Representation opened its doors in Amsterdam, marked the new chapter in the history of trade relations between two countries. Historical review of the activities conducted by the Trade Mission in one of the world's TOP economically developed countries of the world over the 75-year period is demanded for providing advice in respect to setting up of strategic plans for the development of foreign trade in terms of exports, deepening international industrial cooperation and faster adaptation to the requirements by foreign markets. 

China-South Korea trade relationship will transform

2018 ◽  
Keyword(s):  
South Korea ◽  
Bilateral Trade ◽  
Creative Industries ◽  
New Developments ◽  
Content Type ◽  
Economic Relationships ◽  
Economic Relations ◽  
South Korean ◽  
The Us ◽  
Trade Relationship

Subject New developments in China-South Korea economic relations. Significance China and South Korea have one of the most important bilateral economic relationships. Politics trumped economics when China imposed de facto sanctions in response to South Korea's hosting of the US military's THAAD missile defence system -- but there are more fundamental changes underway, too. Impacts South Korean companies will be more cautious about investing in China and will further diversify their investment destinations. South Korea's government and firms will work harder to develop South-East Asian markets for the country's tourism and creative industries. Links will develop further between Chinese and South Korean firms within cross-border technological chains. Overall volumes of bilateral trade will continue to increase, regardless of political tension and economic rivalry.

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