| 1. |
- Choi, Hyun-Ju
(författare)
-
Image analysis for quantifying microvessel density in renal cell carcinoma
- 2009
-
Ingår i: Journal of Korea Society of Medical Informatics. - : The Korean Society of Medical Informatics. - 1225-8903. ; 15:2, s. 217-225
-
Tidskriftsartikel (refereegranskat)abstract
- The most widely used method for quantifying new blood vessel growth in tumor angiogenesis is the determination of microvessel density, which is reported to be associated with tumor progression and metastasis, and a prognostic indicator of patient outcome. In this study, we propose a method for the determination of microvessel density by image analysis, to improve the accuracy and the objectivity of determination of the microvessel density. Four-micron-thick tissue sections of renal cell carcinoma samples were stained immunohistochemically for CD34. The regions with a high degree of vascularization were selected by an expert for digitization. Each image was digitized as a 24-bits/pixel image file with a resolution of 640×480 pixels. First, segmentation of the microvessels based on pixel classification using color features in hybrid color space was performed. After use of a correction process for microvessels with discontinuities and separation of touching microvessels, we counted the number of microvessels for the microvessel density measurement. The result was evaluated by comparison with manual quantification of the same images. The comparison revealed that our computerized microvessel quantification was highly correlated with manual counting by a pathologist. The results indicate that our method is better than the conventional computerized image analysis methods.
|
|
| 2. |
- Kim, Seung Woo
(författare)
-
Britain’s Europe and the Economic Consequences of German Reunification
- 2020
-
Ingår i: Critical Review of History. - 1227-3627. ; :133, s. 69-92
-
Tidskriftsartikel (refereegranskat)abstract
- This paper analyses the economic consequences of German reunification upon the British economy. In the post-war period, Britain was reluctant on to the European project integration owing to alternatives of the Commonwealth and the Atlantic alliance with the USA. And the City of London took the US dollar for its revival as the international financial centre. It was not until the late 1980s when the City and Britain accelerated their paths towards European integration. However, the German reunification frustrated the efforts. In order to appease the Eurosceptic Germans, the City lost the competition to Frankfurt in the race to invite the European central bank. And the entry into the European Monetary System resulted in the exchange crisis of sterling in September 1992. Such experiences galvanised the Euroscepticism in Britain.
|
|
| 3. |
- Kim, Seung Woo
(författare)
-
Can You Beat the Market? Characterizing the Market and a History of Investment Methods in the 20th Century
- 2022
-
Ingår i: Critical Review of History. - 1227-3627. ; :138, s. 8-35
-
Tidskriftsartikel (refereegranskat)abstract
- This paper sheds lights on the three investment methods of the 20th century, which assume authority as financial knowledge. Challenging the notion of scientific evolution, it analyzes the way in which each method characterizes stocks and the stock market. Technical analysis, galvanized by the technological innovation and the emergence of mass investment society in the US, sought to exploit the regular trend of stock prices to generate profit. Security analysis, in contrast, pays attention to the intrinsic value, as opposed to the market price, to find out a firm with stable potential earnings. While these two methods assumed the capacity of professional money managers to beat the market, the random walk recognized the opposite. Owing to the efficiency of the market, the new method presented a method which paid attention on the correlation between individual stocks and the whole portfolio. Given the idea that each method directs the flows of capital, this paper also explored the political economy of investment methods.
|
|
| 4. |
- Kim, Seung Woo
(författare)
-
Gold Standard, Nationalism, and the neoliberal idea of international monetary system: F. A. Hayek's Monetary Nationalism and International Stability
- 2021
-
Ingår i: Sa-Chong. - 1229-4446. ; :103, s. 143-175
-
Tidskriftsartikel (refereegranskat)abstract
- This paper sheds lights on the early neoliberal idea of the international monetary system as a counter-argument against the insular capitalism of the 1930s by examining F. A. Hayek’s Monetary Nationalism and International Stability (1937). Hayek understood that the failure of the 19th-century gold standard, which had been accused of being ‘a barbarous relic’, was attributable to its malfunctioning on an international scale rather than the domestic sacrifice involved in its operation. He pointed out that the introduction of the fractional reserve system in the 20th century in nation-states had enabled the pursuit of independent monetary policy by central banks. In the absence of international mandate and disciplines of the international monetary system, the incremental trend of monetary nationalism resulted in the international monetary disorder of the 1930s. Instead of a flexible exchange rates system, Hayek proposed restoring the gold standard with a transnational authority to prevent vicissitudes of nation-states. Whereas the neoliberal idea was marginalized in the postwar period, the single currency of the Euro substantiated Hayek’s vision. With a contextual reading of Monetary Nationalism and International Stability, this paper suggests that the early neoliberals sought to recover the tarnished reputation of the gold standard and provided a vision of the postwar international monetary system.
|
|
| 5. |
- Kim, Seung Woo
(författare)
-
History-Making by the US Neoliberal: The Chicago School and the past and present of the ‘Ramseyer Affair’
- 2021
-
Ingår i: Critical Review of History. - 1227-3627. ; :137, s. 237-268
-
Tidskriftsartikel (refereegranskat)abstract
- This paper examines the political and intellectual origins of “Contracting for sex in the Pacific War” by J. M. Ramseyer. The controversial article, which reduces the complex issues of colonialism and gender into a market efficiency, shares the assumption of the Law and Economics, a by-product of US neoliberalism. The movement to re-configure the relations between state and economy against the “New Deal” government introduced a dual strategy to persuade the public of its free-market ideology. First, following the idea of F. Hayek, it sought to lure intellectuals, or “secondhand dealers in idea”. The attempt resulted in the establishment of the Law and Economics, which evaluated not only economic institutions but also social ones in terms of economic efficiency. Second, led by M. Friedman, it constructed a revisionist history to validate the gospel of the free market. The campaign to capture the intellectuals and discourses on history was successful by the late 1970s. In the following decade, with the rise of the neoliberal movement, Law and Economics attracted promising graduate students to succeed in the tradition of the discipline. In this regard, Ramseyer applied the contention of the free market to Japan to challenge the traditional notion of the country’s economic growth. Then he expanded the assumption into the non-economic realm to contest the existing discourses regarding the sex slave during World War II.
|
|
| 6. |
- Kim, Seung Woo
(författare)
-
The Ambivalent State - The Taxation of UK Labour Government on the Eurodollar Market, 1964~1970 -
- 2018
-
Ingår i: The Korean Journal of British Studies. - 2713-6329. ; :39, s. 85-120
-
Tidskriftsartikel (refereegranskat)abstract
- This paper examines the relationship between nation-states and transnational finance by analysing the taxation policy of UK’s Labour government on the Eurodollar market in the 1960s. The scholarship concerning the globalisation of finance in the late 20th century has assumed the dichotomy of ‘state versus capital’ and suggested the ‘retreat of states’ and the neoliberal order of finance. However, this paper pays attention to the inherent feature of taxation – an expression of the sovereignty of nation-states and a means to check the unfettered rise of global finance. That is, the taxation renders the state respond to global finance for its own political and economic purposes. The Labour Government faced challenges of the perennial balance of payments deficit and the sterling crisis of 1964. At the same time, global finance re-emerged in the City of London with the Eurodollar market, an offshore market for US dollars. The taxation policy of the Labour expressed the ambivalence of state in response to global finance within its territory. The Inland Revenue opposed the tax treatment on capital gains, a prerequisite for the establishment of a Eurobond clearing market, to prevent the City becoming a tax haven. At the same time, the government allowed nationalised industries and local authorities to borrow Eurodollars and granted appropriate tax treatment for the domestic capital formation. As a result, the City was able to channel capital into the British industry, which conferred legitimacy on the financial centre in the local economy. From the ambivalence of state, this paper argues the agency of nation-states in the re-emergence of global finance and problematises the assumption of ‘gentlemanly capitalism’ in the scholarship of International Political Economy.
|
|
| 7. |
- Kim, Seung Woo
(författare)
-
The Cold War Origins of ‘Scientific’ Investment Discourse: Efficient Market Hypothesis, Rational Choice Theory, and the Modern Portfolio Theory
- 2018
-
Ingår i: Sa-Chong. - 1229-4446. ; :95, s. 97-130
-
Tidskriftsartikel (refereegranskat)abstract
- This paper, with an introduction to the social studies of finance which examines the political and social aspects of finance, contends the Cold War origins of critical elements of contemporary scientific investment discourse – the Modern Portfolio Theory and the Efficient Market Hypothesis. It argues that these two components of financial knowledge were different responses of intellectuals regarding the role of the state in the Cold War period. On the one hand, US neoliberals at the University of Chicago who conceived of the increased role of government as ‘tyranny’ and were free-market proponents, presented the efficient market hypothesis. On the other hand, a group of economists had examined the problem of efficient resource allocation in the economic planning led by the state and under the threat of nuclear war in the Cold War, which became a new discipline of operation research. Harry Markowitz applied the operation research to the stock market problem and formulated a theory on the efficient portfolio selection of risk-return variance. Despite the inherent conflict in political stance, these theories merged into a coherent approach concerning the stock market and investment with the financial economics. By looking at the genealogy of financial knowledge, this paper reveals the political nature of financial economics.
|
|
