• Title/Summary/Keyword: domesticating

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Spaces of Articulated (Non-)Economic Practices and Social Reproduction: Economic Geographical Perspective to the Marketization in North Korea (절합된 (비-)경제적 관행의 공간과 사회적 재생산: 북한 시장화에 대한 경제지리학적 접근)

  • Kim, Boo-Heon;Lee, Sung-Cheol
    • Journal of the Economic Geographical Society of Korea
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    • v.22 no.4
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    • pp.381-404
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    • 2019
  • The paper aims to identify how North Korean various economic agents respond to the economic crisis in North Korea, and how these multiple practices are entangled with its spatiality by through the questionnaire survey and in-depth interview targeted at North Korean refugees. The paper argues that it needs to examine the marketization in North Korea in terms of the domesticating recently debated in economic geography. In this perspective, the marketization in North Korea could be explained not as a grand project 'out there' with hegemonic power, but as various economic agents within their space are constantly (re)constructed through everyday life practices. Economic agents' responses to economic crisis, economic rupture, and economic marginalization could be identified in terms of articulation between economic and non-economic factors. More specifically, the paper emphasizes everyday life responses are over-determined by their economic and non-economic factors and its effectiveness is differentiated by their power relations.

Determinants of FDI in Transition Countries of Central Asia with VECM (수정오차모형을 통한 중앙아시아 체제전환국들의 FDI 결정요인 분석)

  • Narantsetseg, Narantsetseg;Choi, Chang Hwan
    • International Commerce and Information Review
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    • v.18 no.1
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    • pp.107-127
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    • 2016
  • This paper attempts to investigate determinants of foreign direct investment in transition countries of Mongolia and Central Asia five countries of Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan and Turkmenistan. FDI inflows in this transition economies have been far increasing due to their rapid growth, GDP, gross capital formation, wage, labor force, open trading, infrastructure and natural resources as well as the factors demonstrating the economic variables and political variables of these countries by Vector Error Correction Model. The results of empirical analysis based on data from 1993 to 2013 confirmed that FDI and open trade and gross capital formation and political than GDP, wage, labor force, infrastructure and natural resources had a significant impact on Central Asia and Mongolia. In addition, if Mongolia and Central Asian five countries can maintain the country's economic growth, reduce unemployment level, achieve certain improvements in domesticating new technologies and improving skills and knowledge sphere as well as promoting stable domestic price increase, attracting and improving the FDI by paying more attention to the indicators focusing on country's GDP, wage, labor force, infrastructure and natural resource.

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