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Capitalism Effects through Asian Crisis: An Analysis of South Korea's Economic Policy in the Welfare State Perspective Hyung-jun, Kim; Peng, Li; Kaita, Murayama
Pancasila International Journal of Applied Social Science Том 1 № 02 (2023): Pancasila International Journal of Applied Social Science
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/pancasila.v1i02.225

Abstract

The Asian financial crisis with a marked fall in the value of the Thai currency (Bath), initially a currency crisis was followed by a financial crisis in non-bank financial institutions which had to be closed due to bankruptcy. The economic crisis was followed and spread to South Korea, Malaysia, Indonesia, the Philippines, Singapore and other Asian countries. International institutions reacted to help with the Asian crisis, initially The International Monetary Fund (IMF) after being asked for assistance by Asian countries provided assistance. Many analyzes have been given by financial, economic and political experts, one of which is Weiss and Hobson who analyzed that the Asian economic crisis appeared to have two faces namely; the external face is in the Deep Crisis area and the external face is in the ordinary crisis area, while the crisis occurs from the role of international actors, both state and non-state actors. The social policy approach that is applied takes welfare state steps, with welfare programs implemented by South Korea including reforms in the fields of labor, market and finance, BUMN and active social policies to provide social security for the unemployed or for those who become poor in the period of national economic reform. Weiss and Hobson concluded that state guided capitalism was one of the causes of the Asian crisis.
Ethnobotany of flower trading in traditional markets of Banyumas, Central Java, Indonesia Alfian, Rahman Latif; Harahap, Junardi; Supangkat Iskandar, Budiawati; Hyung-Jun, Kim
Reinwardtia Vol. 24 No. 2 (2025): Reinwardtia
Publisher : BRIN Publishing (Penerbit BRIN)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55981/reinwardtia.2025.626

Abstract

ALFIAN, R. L., HARAHAP, J., ISKANDAR, B. S. & HYUNG-JUN, K. 2025. Ethnobotany of flower trading in traditional markets of Banyumas, Central Java, Indonesia. Reinwardtia 24(2): 219‒236. —Flower trading has long been present in society. Particularly in Javanese society, flowers hold significant biological importance in social and cultural life. Flowers are imbued with various symbolic meanings and are used in various life events and religious rituals. This study aims to explore the existence of flower trading within the community, especially in the Banyumas region. In addition to delving into the trade itself, this research also investigates the types of flowers being traded, how they are sourced for sale, the meanings attached to these flowers, how each type of flower and plant is sold, and how the classification of flower types according to the community is divided. This study employs a qualitative ethnographic method to gather research data. The findings of this research indicate that the existence of Rampe flower traders must be distinct from the community's cultural traditions, particularly in Banyumas. Rampe flower traders typically sell several flowers used as essential components in religious and cultural ceremonies. These flowers include roses (Rosa hybrida), ylang-ylang (Cananga odorata), white magnolia (Magnolia), and several other flowers. Most Banyumas people use these flowers for the tradition of grave pilgrimage. White and yellow magnolia flowers have a higher economic value as traders sell them in seed form. Rampe flower traders classify plants into those with high economic value and those with regular value. The high economic value of a flower is usually influenced by its availability (rarity) and the specific functions of certain types of flowers. Meanwhile, plants with regular economic value are typically complementary plants (not core plants) in the community's cultural and religious traditions.