1) Positive- Ministry of Strategy and Finance, Korea Development Institute(KDI)
Capital investment for the health sector can be smoothly through ‘Commercialization of health care’ and It is difficult that non-profit corporation or Medical Corporation appeared alone to secure adequate medical capital in reality. So, the introduction of capital inflows in the medical institutions should mak
II. Yen carry trade
II. 1. What is Yen carry trade?
II. 1. (1) Typical meaning
The typical meaning is “borrowing at low interest rates in yen and using the loan to buy higher yielding assets elsewhere.” During the past decade, the trade has become a “staple” for many investors. One of the most popular forms of the strategy exploits the gap between US and Japanese yields. Anyone
Rationale for the tool selection of government corporations
A government corporation is likely to be an appropriate tool of government to carry out programs that are of a business nature, revenue producing and potentially self-sustaining; involve a large number of business-type transactions with the public, and require a greater flexibility than the customary type of appropriations budget ord
II. 2. The progress of Yen carry trade
Since 1990s, Japanese government and central bank started lowering interest rate policies so that Yen carry trade has begun.
1) After Kobe Earthquake in 1995, the Bank of Japan lowers the interest rate at 1%. In 1997, as financial crisis in East-Asia was broadening, Yen carry assets were paid off. In addition, The sharp increase in foreign bank as
sixteenth Japanese single, "Purple Line",
which debuted atop the Oricon single chart.TVXQ has become one of the most popular singing groups in East Asia;
they have also gained
great popularity in countries.
Private goods
Public goods
Experience goods
Asymmetry information
between suppliers and consumers.
Consumer attitude and behavior
with a past consumption
Form a entry barrier
asymmetric information. Universities can spend money earned through donation in an inefficient way because it is difficult for the government 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 info
public goods)의 문제, 외부효과(externality)의 문제, 자연독점(monopoly)에 의한 문제, 정보비대칭(information asymmetry), 역선택(advers slection), 도덕적 해이(moral hazard)이다. 비정규직 문제는 이 요인 중 도덕적 해이 문제와 관련이 있다. 도덕적 해이는 계약 이후의 기회주의 문제라고 정의할 수 있다. 즉, 기업이 노동
public-private partnership)을 구축하는 것이다.
한편, 사회서비스의 공사역할분담 논의에 있어, 어떤 영역이 서비스를 생산․공급할 것인가 하는 문제 이상으로, 누가 그 비용을 부담하며 그 재정은 어디에서 나오는 지, 그리고 다원화된 복지공급체계를 어떻게 규제하며 서비스의 질을 어떻게 담보할 수
public goods)는 소비에 있어서 비경합성과 비배제성이 존재하는 재화와 서비스를 의미
② 이와 같은 특성으로 인하여 공공재 생산비를 전혀 부담하지 않은 개인도 자유롭게 사용하는 것이 가능
③ 따라서 개인들은 가능하면 공공재 생산비용을 부담하지 않으려고 하기 때문에 시장의 가격기구에 의해서
public services efficiently and effectively through cooperation among public, private and nonprofit sectors although such collaborative governance structures also have some issues and problems./ Building mutual agreement and shared visions/ through an authentic dialogue or communication/ among stakeholders who have various perspectives/ and interest will make it easier to drive investment/ and ma