and people to know how the university spends contribution and it is hard to monitor university’s behavior. It is called moral hazard. “Moral hazard is a special case of information asymmetry, a situation in which one party in a transaction has more information than another. Moral hazard occurs when the party with more information about its actions or intentions has a tendency or incentive to
and law ought to have humanity and sensitivity. Good law ensures the triumph of justice and liberty. Appropriate control is kept by the law, and then the public good can be guaranteed.
* He said that law secures the liberty of the citizen. However, "the citizen" meant "the public". The public of those days signified the nobility except "the common". The common was excluded from the argument of
and collapse, ‘corruption’ means destroyed together.
Public corruption causes much larger problems than in the private sector due to the difference in the publicandprivate sectors. First, unlike the private sector, public organizations do not fall apart easily due to the corruption. Second, the impact of corruption affects not only specific sector but has a negative impact on various dim
and foreigner's investment in medical part, Vietnam is expanding city-centered hospitals andprivate medical institutions that give medical sevices of high quality for the rich and foreigners.
But they go through difficult because hospitals are almost unsanitary and lack of equipments and most of hospitals organize by government expenditures.
① Public medical institution
Because of to
Ⅰ. What is the KOICA?
KOICA: Korea international cooperative agency.
KOICA is governmental funded institute for ODA(official development assistance). The goals of KOICA are to support development of The Third World and promote international cooperation with them. KOICA undertakes various programs such as private - public cooperative business, emergency disaster relief in cooperative nation,