2016, Vol.27, No.3

Korean Society and Public Administration 2023 KCI Impact Factor : 1.89

pISSN : 1225-8652
https://journal.kci.go.kr/kspa

There has been increasing interest in the development of valid and reliable debt statistics around advanced countries and international financial community. Research community also tries to replace old debt statistics with several alternative debt related indicators. This study tries to examine the validity of these debt statistics theoretically and propose new measurement approach and indicators based on the social measurement theory. The author found that most debt indicators reflect part of the economic burden connoted by debt and liability. By applying social measurement theory, the author proposes the alternative debt indicator and measurement system which includes indicators for contingent and implicit liability. This study concludes that multiple indicators approach that is applicable to the multiple debt indicators systems are preferable. This system is also fit for production of various indexes, such as fiscal burden index, when one applies predetermined parameters.

This study investigates the impact of financial publicness on organizational performance and explores the moderating effect of various contextual variables with a sample of 227 Korean universities. The findings indicate that financial publicness of Korean universities has a positive impact on organizational performance, such as quota retention rate, the number of total articles per a professor and the number of excellent articles per a professor. And a variety of contextual factors, such as organization age or task difficulty have moderating effects on the relationship between financial publicness and organizational performance.

This article aims at explaining what streams have affected the reform by analyzing the reform process of government employees pension in 2015 through Kingdon's multiple streams framework even though it resulted in a parametric reform. Results show that the problem stream has been made for a long time because the problem of the budget deficit of government employees pension has appeared since 1990s, but prior reforms have failed to resolve it. In particular, time of development of politics and policy streams was not clearly divided despite all streams should be independent since the reform was done for a relatively short period of time upon the incident of the vessel 'Sewol'. Also, the process for alternatives to remain has been reduced since many policy communities appeared. A political burden that reform should be complete no later than 2015 prior to the general election scheduled in 2016, built a strong politics stream, and as a result, Saenuri Party inevitably became a strong policy entrepreneur with the president. The reasons for the reform, which was complete for a short period of time through compromises with multiple stakeholders, are that politics stream was strong and definite policy entrepreneurs facilitated a policy change.