Change & Flow of Major energy supply policy
Background
After South Korea began to experience the economic stabilization, its energy policy selected a system which utilizes the energy efficiently and cleanly, worring the climate change and the exhaustion of fossil fuels, starting from securing energy resources which are indispensable for economic development and growth via the secure supp
Part 1 - 2. THE PROCESS OF INNOVATION OF CJ
Part 1 - 2 - 1. The reason why Jeil-jedang separate from Samsung
The most important reason Jeil-jedang separated the company from Samsung in 1993 was related to Korean government’s policy at that time. Past president Kim Young-sam carried out policy, in which prominent conglomerates should focus on two or three fields of their business. By doing t
Introduction
Suggested Problem - 21st century paradigm of industrial society is changing
Korea continues with economic growth, development and trade surplus despite the superficial external dependence. It is increasing its vulnerability to the external environment while the economic structure has changed. In addition to globalization in a rapidly aging nation, and women's expanding partic
Ⅰ. Introduction
1) Location
Russia is located in the north Eurasia continent (Far East Asia ~ Europe). Russia is the largest country in the world which is about 1/8 of the world’s land area. Because of this huge territory, there is an 11-hour time difference between East and West.
2) Climate
The huge territory of Russia also makes a various climate zone. Basically, Russia has continental
Determination of Won/USD Exchange Rate With Respect to Global Oil Price Change
To see the relationship between exchange rate and oil price, we use econometrical methodology, multiple regression. Our regression model is this:
s_t=β_1+β_2 (m_t-m_t^* )+β_3 (y_t-y_t^* )+β_4 〖lroil〗_t+u_t
*Explanation about explanatory variable
s_t : Nominal exchange rate (USD/Won)
m_t-m_t^*