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Reports from SERI Quarterly, SERI's in-depth quarterly journal on the Korean and Northeast Asian economies

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  • Five HR Strategies in Dealing with Prolonged Low Growth
    October 2013 Five HR Strategies in Dealing with Prolonged Low Growth

    Handling human resources in a flat economy can be a sensitive subject, as the need to increase efficiency can conflict with employees’ desires. Companies that want to maintain employee commitment can turn to strategies like recruiting internally, providing tailored compensation, and displaying empathy for employees’ concerns.

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  • Young Consumers Drive China’s New Economic Model
    October 2013 Young Consumers Drive China’s New Economic Model

    The transformation of China’s population from global production workers to global shoppers is introducing new demographics for companies seeking to sell in this huge market. The new generation of young people includes both wealthy “little emperors,” and struggling rural migrants, both of whom are departing from the consumption habits of their parents.

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  • Rules of Global CSR Initiatives
    October 2013 Rules of Global CSR Initiatives

    The growing prevalence of corporate social responsibility (CSR) activities among major firms is helping businesses be better citizens of their communities worldwide. Companies rolling out CSR are leveraging their expertise to promote community health and education, while simultaneously promoting their own interests.

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  • Climate Change Risks and Responses
    October 2013 Climate Change Risks and Responses

    Climate change presents a discomfiting threat to human civilization, and business will be no exception. Even as the potential for extreme temperatures, floods and other anomalies becomes increasingly pervasive, business can still seek opportunities in disaster forecasting and prevention and many other areas.

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  • Characteristics and Implications of Single-person Households
    October 2013 Characteristics and Implications of Single-person Households

    Long stranded in demographic obscurity, single-person households are now Korea’s leading demographic. Singleperson households, despite their lower incomes, have higher propensity to consume, and will make an increasing impact for companies seeking to explore the Korean market.

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  • The Limited Choices for China-North Korea Economic Cooperation
    October 2013 The Limited Choices for China-North Korea Economic Cooperation

    China has always faced a quandary in dealing with its unpredictable northern ally, one that has only intensified with its spate of nuclear tests. North Korea’s nuclear flirtations have pushed China to embrace sanctions that conflict with its other goal of prodding the North to embrace economic reform.

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  • North Korea’s Two-pronged Policy: Implications and Prospects
    October 2013 North Korea’s Two-pronged Policy: Implications and Prospects

    Despite its parlous economy, North Korea continues to insist on pursuing a “two track policy” of simultaneous nuclear development and economic growth. In practice, however, these two goals are irreconcilable, meaning North Korea has sacrificed growth for weapons. The future of the North depends on how much it can shift its focus back to the economy.

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  • The Rise of North Korea’s Merchant Class
    October 2013 The Rise of North Korea’s Merchant Class

    North Korea’s traditional social classes now have to make room for a new and unexpected rival - merchants. These unofficial traders working outside of North Korea’s moribund formal economy are ushering in profound changes to North Korean society.

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  • ST●R●O●NG Merchants in Korea’s Traditional Market
    July 2013 ST●R●O●NG Merchants in Korea’s Traditional Market

    Far reaching changes in Korea's distribution structure, including the rise of online shopping and the spread of big box retailers have put merchants in Korea's traditional markets under intense pressure. Some, however, are besting the competition through a new spirit of professionalism, innovation, customer focus, and networking.

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  • How Cloud Computing is Revolutionizing the Future
    July 2013 How Cloud Computing is Revolutionizing the Future

    Cloud computing, or distributed computing performed offsite, is bringing dramatic changes to the way companies do businesses. Cloud computing provides access to on demand services, to a variety of devices, tailored to a variety of lifestyles, while allowing businesses to save on costs and expedite information sharing.

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  • Five HR Strategies in Dealing with Prolonged Low Growth
    July 2013 Five HR Strategies in Dealing with Prolonged Low Growth

    Handling human resources in a flat economy can be a sensitive subject, as the need to increase efficiency can conflict with employees’ desires. Companies that want to maintain employee commitment can turn to strategies like recruiting internally, providing tailored compensation, and displaying empathy for employees’ concerns.

    Download PDF