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Jang Young-sik
Jang Young-sik (; born 1935) is a South Korean economist. He was the president of the Korea Electric Power Corporation (KEPCO) from May 1998 to April 1999. Personal life and early career Jang is a native of Gwangju. His younger brother Jang Jae-sik would become a member of National Congress for New Politics and a National Assembly member in the 1990s. He graduated from Seoul National University with a degree in metallurgical engineering, and afterwards worked in the Office of the Prime Minister as an economist. Later in the 1950s he emigrated to the U.S. and naturalised as a citizen there. He went on to the University at Albany, SUNY, where he defended a thesis on econometric modelling in 1970. Jang returned to South Korea in 1975, where he headed an energy markets research team at the Korea Development Institute. His work there focused on electricity pricing reform. In the early 1980s, he worked at the International Bank for Reconstruction and Development, as a member of which ...
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Gwangju
Gwangju (; ), formerly romanized as Kwangju, is South Korea's list of cities in South Korea, sixth-largest metropolis. It is a designated Special cities of South Korea, metropolitan city under the direct control of the central government's Home Minister. The city was also the capital of South Jeolla Province until the provincial office moved to the southern village of Namak, South Korea, Namak in Muan County in 2005 because Gwangju was promoted to a Special cities of South Korea, metropolitan city and was independent of South Jeolla Province. Its name is composed of the words ''gwang'' () meaning "light" and ''ju'' () meaning "province". Gwangju was historically recorded as ''Muju'' (), in which "Silla merged all of the land to establish the provinces of Gwangju, Ungju, Jeonju, Muju and various counties, plus the southern boundary of Goguryeo and the ancient territories of Silla" in the ''Samguk sagi.'' In the heart of the agricultural Jeolla region, the city is also famous for ...
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Foreign Debt
A country's gross external debt (or foreign debt) is the liabilities that are owed to nonresidents by residents. The debtors can be governments, corporations or citizens. External debt may be denominated in domestic or foreign currency. It includes amounts owed to private commercial banks, foreign governments, or international financial institutions such as the International Monetary Fund (IMF) and the World Bank. External debt measures an economy's obligations to make future payments and, therefore, is an indicator of a country's vulnerability to solvency and liquidity problems. Another useful indicator is the ''net'' external debt position, which equals gross external debt minus external assets in the form of debt instruments. A related concept is the net international investment position (net IIP). Provided that debt securities are measured at market value, the net external debt position equals the net IIP excluding equity and investment fund shares, financial derivatives, ...
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Living People
Purpose: Because living persons may suffer personal harm from inappropriate information, we should watch their articles carefully. By adding an article to this category, it marks them with a notice about sources whenever someone tries to edit them, to remind them of WP:BLP (biographies of living persons) policy that these articles must maintain a neutral point of view, maintain factual accuracy, and be properly sourced. Recent changes to these articles are listed on Special:RecentChangesLinked/Living people. Organization: This category should not be sub-categorized. Entries are generally sorted by family name In many societies, a surname, family name, or last name is the mostly hereditary portion of one's personal name that indicates one's family. It is typically combined with a given name to form the full name of a person, although several give .... Maintenance: Individuals of advanced age (over 90), for whom there has been no new documentation in the last ten ...
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1935 Births
Events January * January 7 – Italian premier Benito Mussolini and French Foreign Minister Pierre Laval conclude Franco-Italian Agreement of 1935, an agreement, in which each power agrees not to oppose the other's Colonial empire, colonial claims. * January 12 – Amelia Earhart becomes the first person to successfully complete a solo flight from Hawaii to California, a distance of . * January 13 – A plebiscite in the Saar (League of Nations), Territory of the Saar Basin shows that 90.3% of those voting wish to join Germany. * January 24 – The first canned beer is sold in Richmond, Virginia, United States, by Gottfried Krueger Brewing Company. February * February 6 – Parker Brothers begins selling the board game Monopoly (game), Monopoly in the United States. * February 13 – Richard Hauptmann is convicted and sentenced to death for the kidnapping and murder of Charles Lindbergh Jr. in the United States. * February 15 – The discovery and clinical developme ...
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Sunshine Policy
The Reconciliation and Cooperation Policy Towards the North (), colloquially referred to as Sunshine Policy () is one of the approaches for South Korea's foreign policy towards North Korea, lasting from 1998 to 2008 and again from 2017 to 2020. Background The policy emerged largely in the context of the growing economic gap between the two Koreas: the South was strengthening itself and experiencing economic prosperity that had begun under President Park Chung Hee in the 1970s while the North was experiencing severe economic decline, consequently caused the 1990s North Korean famine and faced bankruptcy. The Sunshine Policy aimed at mitigating this gap in economic power and restoring lost communication between the two States. Furthermore, the background to South Korea's decision to engage North Korea through cooperation rather than maintaining a conservative stance in the past shows a historical shift in the South Korea's domestic politics as well. According to Son Key-young, a ...
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Expense Account
An expense account is the right to reimbursement of money spent by employees for work-related purposes. Some common expense accounts are Cost of sales, utilities expense, discount allowed, cleaning expense, depreciation expense, delivery expense, income tax expense, insurance expense, interest expense, advertising expense, promotion expense, repairs expense, maintenance expense, rent expense, salaries and wages expense, transportation expense, supplies expense and refreshment expense. Normal Balance To increase an expense account, it must be debited. To decrease an expense account, it must be credited. The normal expense account balance is a debit. In order to understand why expenses are debited, it is relevant to note the accounting equation, Assets = Liabilities + Equity. Expenses show up under the equity portion of the equation because equity is common stock plus retained earnings and retained earnings are revenues minus expenses minus dividends. Expenses are considered te ...
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Health Insurance Portability And Accountability Act
The Health Insurance Portability and Accountability Act of 1996 (HIPAA or the Ted Kennedy, Kennedy–Nancy Kassebaum, Kassebaum Act) is a United States Act of Congress enacted by the 104th United States Congress and signed into law by President Bill Clinton on August 21, 1996. It aimed to alter the transfer of healthcare information, stipulated the guidelines by which personally identifiable information maintained by the healthcare and healthcare insurance industries should be protected from fraud and theft, and addressed some limitations on Health insurance in the United States, healthcare insurance coverage. It generally prohibits Health professional, healthcare providers and businesses called covered entities from disclosing protected information to anyone other than a patient and the patient's authorized representatives without their consent. The bill does not restrict patients from receiving information about themselves (with limited exceptions). Furthermore, it does not proh ...
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Federal Register
The ''Federal Register'' (FR or sometimes Fed. Reg.) is the government gazette, official journal of the federal government of the United States that contains government agency rules, proposed rules, and public notices. It is published every weekday, except on Federal holidays in the United States, federal holidays. The final rules promulgated by a federal agency and published in the ''Federal Register'' are ultimately reorganized by topic or subject matter and Codification (law), codified in the ''Code of Federal Regulations'' (CFR), which is updated quarterly. The ''Federal Register'' is compiled by the Office of the Federal Register (within the National Archives and Records Administration) and is printed by the United States Government Publishing Office, Government Publishing Office. There are no copyright restrictions on the ''Federal Register''; as a Copyright status of work by the U.S. government, work of the U.S. government, it is in the public domain. Contents The ''Fede ...
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Relinquishment Of United States Nationality
Under United States federal law, a United States nationality law, U.S. citizen or national may voluntarily and intentionally give up that status and become an alien (law), alien with respect to the United States. Relinquishment is distinct from denaturalization, which in U.S. law refers solely to cancellation of illegally procured naturalization. explicitly lists all seven potentially expatriating acts by which a U.S. citizen can relinquish that citizenship. ''Renunciation of United States citizenship'' is a term of art, legal term encompassing two of those acts: swearing an oath of renunciation at List of diplomatic missions of the United States, a U.S. embassy or consulate in foreign territory or, during a state of war, at a United States Citizenship and Immigration Services, U.S. Citizenship and Immigration Services office in U.S. territory. The other five acts are: naturalization in a foreign country; taking an oath of allegiance to a foreign country; serving in a foreign mil ...
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Ministry Of Commerce, Industry And Energy
The Ministry of Trade, Industry and Energy (MOTIE; ) is a ministry under the Government of South Korea. It is concerned with regulating economic policy, especially with regard to the industrial and energy sectors. The ministry also works to encourage foreign investment in Korea. The current minister is Ahn Duk-geun, the former Head of the Trade Negotiations Division (as a 1st Deputy Minister) in the Department from May 2022 to January 2024. History The ministry began in 1948 as the Ministry of Commerce during the First Republic. In 1993, it was merged with the Ministry of Energy, established in 1977. A year later the ministry changed its name to Ministry of Trade and Energy. In 1998, it transferred trade negotiation duties to the foreign ministry changing its name to Ministry of Industry and Energy. In 2008, it was restructured into Ministry of Knowledge Economy following newly elected president Lee Myung-bak's cabinet reorganization. In 2013, following President Park Geun- ...
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Honam
Honam (; literally "south of the lake") is a region coinciding with the former Jeolla Province in what is now South Korea. Today, the term refers to Gwangju, South Jeolla Province, Jeju Province and Jeonbuk State. The name "Jeonla-do" is used in the names of the Honam railway line and Honam Expressway, which are major transportation corridors connecting Seoul and Daejeon to the Honam region. The name is often used to refer to people residing in the region. There is also Honam University, which is located in Gwangju, the biggest city in Honam. See also * Gwangju * Jeonbuk State * South Jeolla Province * Regions of Korea * Yeongnam Yeongnam (, ; literally "south of the ridge") is a region that coincides with the former Gyeongsang Province, one of the ancient Eight Provinces, in what is now South Korea South Korea, officially the Republic of Korea (ROK), is a countr ... References Regions of South Korea {{Korea-geo-stub ...
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