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Article
Publication date: 27 May 2014

Zonghie Han

– This paper aims to show the practical conditions of the unification of real estate register system in Korea.

Abstract

Purpose

This paper aims to show the practical conditions of the unification of real estate register system in Korea.

Design/methodology/approach

Literature research.

Findings

Although some information improvements and benefits in transaction can be expected through the elimination of discordances between dualized registry/registration books, the unification process should consider some legal and institutional factors which have been stabilized in the Korean society.

Research limitations/implications

The socioeconomic effect of unification of real estate register system, such as cost-benefit consideration, is not included in this study. As for methodology, the conceptional framework is not based on an established theory, but on the simple thumb rule.

Practical implications

The unification of registry and registration system of real estate in Korea could be implemented in a way of mild delegation of tasks, without a radical restructuring of the system. The practical guideline could be found in the system of family registry.

Originality/value

The possibility of implementation of unification of the real estate register system is analyzed in aspects of social institutions and legal considerations.

Details

International Journal of Housing Markets and Analysis, vol. 7 no. 2
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 9 September 2014

Maayan Zhitomirsky-Geffet and Judit Bar-Ilan

Ontologies are prone to wide semantic variability due to subjective points of view of their composers. The purpose of this paper is to propose a new approach for maximal…

Abstract

Purpose

Ontologies are prone to wide semantic variability due to subjective points of view of their composers. The purpose of this paper is to propose a new approach for maximal unification of diverse ontologies for controversial domains by their relations.

Design/methodology/approach

Effective matching or unification of multiple ontologies for a specific domain is crucial for the success of many semantic web applications, such as semantic information retrieval and organization, document tagging, summarization and search. To this end, numerous automatic and semi-automatic techniques were proposed in the past decade that attempt to identify similar entities, mostly classes, in diverse ontologies for similar domains. Apparently, matching individual entities cannot result in full integration of ontologies’ semantics without matching their inter-relations with all other-related classes (and instances). However, semantic matching of ontological relations still constitutes a major research challenge. Therefore, in this paper the authors propose a new paradigm for assessment of maximal possible matching and unification of ontological relations. To this end, several unification rules for ontological relations were devised based on ontological reference rules, and lexical and textual entailment. These rules were semi-automatically implemented to extend a given ontology with semantically matching relations from another ontology for a similar domain. Then, the ontologies were unified through these similar pairs of relations. The authors observe that these rules can be also facilitated to reveal the contradictory relations in different ontologies.

Findings

To assess the feasibility of the approach two experiments were conducted with different sets of multiple personal ontologies on controversial domains constructed by trained subjects. The results for about 50 distinct ontology pairs demonstrate a good potential of the methodology for increasing inter-ontology agreement. Furthermore, the authors show that the presented methodology can lead to a complete unification of multiple semantically heterogeneous ontologies.

Research limitations/implications

This is a conceptual study that presents a new approach for semantic unification of ontologies by a devised set of rules along with the initial experimental evidence of its feasibility and effectiveness. However, this methodology has to be fully automatically implemented and tested on a larger dataset in future research.

Practical implications

This result has implication for semantic search, since a richer ontology, comprised of multiple aspects and viewpoints of the domain of knowledge, enhances discoverability and improves search results.

Originality/value

To the best of the knowledge, this is the first study to examine and assess the maximal level of semantic relation-based ontology unification.

Details

Aslib Journal of Information Management, vol. 66 no. 5
Type: Research Article
ISSN: 2050-3806

Keywords

Open Access
Article
Publication date: 30 April 2015

Inkyo Cheong

Discussion of unification was for several decades focused on the costs rather than the benefits for Korea, until reports emphasizing the latter were published by Goldman Sachs…

Abstract

Discussion of unification was for several decades focused on the costs rather than the benefits for Korea, until reports emphasizing the latter were published by Goldman Sachs (2009) and various Korean think tanks over the past four to five years. Although these studies can be evaluated positively in pointing out the benefits of unification rather than the concerns about the costs, several questions can be raised. This paper tries to evaluate the quality and credibility of existing studies and suggests a new approach for estimating the impact of unification. It proposes a computational general equilibrium (CGE) model to be based on the social accounting matrix (SAM) and input-output (IO) table for the North Korean economy, in order to produce more reliable estimates of the benefits and costs of unification and the impact of various cooperative activities between the two Koreas.

Details

Journal of International Logistics and Trade, vol. 13 no. 1
Type: Research Article
ISSN: 1738-2122

Keywords

Article
Publication date: 1 June 2004

Donato Masciandaro

The objective of this work is to analyse worldwide trends in financial supervision architectures. The focus is on the key issue in the debate – the single supervisor versus…

1377

Abstract

The objective of this work is to analyse worldwide trends in financial supervision architectures. The focus is on the key issue in the debate – the single supervisor versus multiauthority model – in order to build up indexes of supervision unification, essential to perform studies on the causes and effects of various supervisory regimes. First, the paper introduces a Financial Authorities’ Concentration (FAC) Index. A comparative analysis of 69 countries confirmed that an increase in the degree of concentration of supervisory powers is evident in the developed countries, and particularly in the European Union. Secondly, the paper considers the nature of the institutions to which control responsibilities are entrusted. In particular, the role the central bank plays in the various national institutional settings is examined. An index of the central bank’s involvement in financial supervision is introduced, the Central Bank as Financial Authority (CBFA) Index. Each national institutional structure can be identified with the two above characteristics. Two models are the most frequent: (a) countries with a high level of unification of powers and weak central bank involvement (single financial authority regimes); and, (b) countries with a low level of unification of powers and strong central bank involvement (central bank dominated multiple supervisor regimes). A trade‐off therefore emerges between the degree of financial sector unification and the role of the central bank. Two possible explanations of this relationship emerged: the blurring hazard effect and the monopolistic bureau effect.

Details

Journal of Financial Regulation and Compliance, vol. 12 no. 2
Type: Research Article
ISSN: 1358-1988

Keywords

Article
Publication date: 1 October 1994

John C. Groth

Suggests scenarios for future images of what one commonly calls theEuropean Union (EU). Many architects have laid plans for the future ofEurope. Numerous forces have exerted and…

364

Abstract

Suggests scenarios for future images of what one commonly calls the European Union (EU). Many architects have laid plans for the future of Europe. Numerous forces have exerted and continue to exert their influences on Europe and its future. The net effect of these forces will precipitate the future for unification efforts and Europe. Asserts that the images held by many about the future for the EU are very different from what will transpire. Underlying and significant social, political and economic forces will provide for significant differences in what people expect and what actually will transpire. The implications of the eventual developments will profoundly affect key areas of concern. For one, we will witness significant differences in business risks associated with Europe. Furthermore, the consequences of unification efforts will influence investment decisions, commonization of taxes and currencies, the standard of living and the movement of human capital. Offers some images of the future Europe. Provides perspectives concerning the forces at work within the EU and the adverse consequences that will result, and specific predictions for Europe and the potential implications for business and society.

Details

European Business Review, vol. 94 no. 4
Type: Research Article
ISSN: 0955-534X

Keywords

Book part
Publication date: 20 April 2023

Hakan Samur

One of the most significant impacts of the withdrawal of the United Kingdom from the European Union (EU) would be the complication, and even the stalemate, of the supranational…

Abstract

One of the most significant impacts of the withdrawal of the United Kingdom from the European Union (EU) would be the complication, and even the stalemate, of the supranational unification process of the EU, which was the founding idea of the Union. In this chapter, the adverse circumstances that will take place in the supranational unification process will be addressed over two significant issues. The first of the issues is the losses that the Union will experience. The Union, which had realized partnership in many areas to achieve the supranational unification and which, at least, has held out hope for other areas, would experience significant losses concerning motivation, time, capacity, and power of influence, and it would be difficult for the Union to reconstitute itself. In addition to these losses, the consolidation of the right-wing populism filled with Eurosceptic and nationalist reactions in the member states following Brexit will further weaken the aspiration for supranational unification. Ultimately, the visibility of the relations in an intergovernmental context, instead of a supranational one, will become the dominant element, and the EU's journey toward long-term founding purpose will receive a major blow.

Details

The European Union in the Twenty-First Century
Type: Book
ISBN: 978-1-80382-537-3

Keywords

Article
Publication date: 1 July 1997

Masudul Alam Choudhury

Studies Ghazzali’s and Kant’s metaphysical epistemologies in comparative perspectives to bring out their consequences on the central issue of unification of knowledge. Addresses…

1088

Abstract

Studies Ghazzali’s and Kant’s metaphysical epistemologies in comparative perspectives to bring out their consequences on the central issue of unification of knowledge. Addresses the problem posed by either of these epistemologies towards unifying knowledge. Shows the central issue of reality as a universal is to be premissed in unification, which is in turn explained to be the direct function of interaction and creative evolution from lower to higher levels of certainty. Shows the unification epistemology to be uniquely premissed in the Qur’anic roots of Oneness of God. Explains this concept substantively in analytical terms. Thus the concept of unification of knowledge means the circular continuity by evolution of the interactions and integration that occur by linkages between the purely a priori and the purely a posteriori domains. This is also meant to convey the phenomenon of epistemic‐ontic continuity of the process towards comprehension and the resulting materiality of forms that subsequently reinforce newer levels of comprehensions. Unification takes place in the plane of such interlinkages, complementarity and convergence or integration. Invokes the problem of unification of knowledge in the contrasting modes of all the three cases, namely Ghazzali, Kant and the unification epistemology, to address the issues of moral market transformation taken up in the midst of human sustainability. Discusses some contemporary issues relating to globalization, economic interlinkages and evolution for world development, in light of the topic of moral market transformation and sustainability. Studies both of these analytically in the unification epistemology paradigm in contrast to the consequences implicative of Ghazzali’s and Kant’s epistemologies.

Details

International Journal of Social Economics, vol. 24 no. 7/8/9
Type: Research Article
ISSN: 0306-8293

Keywords

Open Access
Article
Publication date: 30 April 2016

Inkyo Cheong

Since it is difficult for researchers to access data for the North Korean economy, they typically choose a proxy economy for estimating the economic impact of the unification of…

Abstract

Since it is difficult for researchers to access data for the North Korean economy, they typically choose a proxy economy for estimating the economic impact of the unification of the two Koreas using a computational general equilibrium (CGE). This paper aims to identify the best proxy economy for North Korea out of the 140 economies (countries) in the Global Trade Analysis Project (GTAP) database version 9.1, which was published in mid-2015. (Ed- if your study aim is ‘to identify the best proxy economy for North Korea’, then you must state your study finding here in the abstract, and also in the conclusion, i.e., Romania) This paper evaluates the input-output (IO) tables for the North Korean economy in existing studies. Comparing the coefficients for North Korea in existing studies with those of the countries selected for this paper, substantial differences were found, especially for the services sector. This casts some doubt on the IO tables in the existing studies on the North Korean economy.

Details

Journal of International Logistics and Trade, vol. 14 no. 1
Type: Research Article
ISSN: 1738-2122

Keywords

Article
Publication date: 1 April 2001

Magda Kandil

Provides an evaluation of the reality of the German economy after unification, also answers to some of the questions that the post‐unification era has raised, analyzes aggregate…

1374

Abstract

Provides an evaluation of the reality of the German economy after unification, also answers to some of the questions that the post‐unification era has raised, analyzes aggregate and sectoral data of the former GDR and the Federal Republic of Germany over the period 1970‐1989. The results characterize the former GDR with a steeper supply curve. While the central plan assumed a steady growth of real output over time, it eliminated producers’ incentives to vary capacity utilization in response to demand pressures. Demand pressures proved inflationary without determining conditions in the labor market. In contrast, the market‐oriented plan in West Germany tied output expansion and contraction with demand fluctuations. Consequently, inflationary effects of demand fluctuations appeared moderate in West Germany and real output growth was not sustained at a high level over time. Demand fluctuations determined employment changes in West Germany. Implications of these differences are analyzed in light of the reality of the post‐unification in Germany.

Details

International Journal of Social Economics, vol. 28 no. 3
Type: Research Article
ISSN: 0306-8293

Keywords

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