Avoiding the Apocalypse: The Future of the Two KoreasInstitute for International Economics, 2000 - 431 pagine On the Korean peninsula one of the greatest success stories of the postwar era confronts a famine-ridden-and possibly nuclear-armed-totalitarian state. The stakes are extraordinarily high for both North and South Korea and for countries such as the United States that have a direct stake in these affairs. This study, the most comprehensive volume to date on the subject, examines the current situation in the two Koreas in terms of three major crises: the nuclear confrontation between the United States and North Korea, the North Korean famine, and the South Korean financial crisis. The future of the peninsula is then explored under three alternative scenarios: successful reform in North Korea, collapse and absorption (as happened in Germany), and "muddling through" in which North Korea, supported by foreign powers, makes ad hoc, regime-preserving reforms that fall short of fundamental transformation. |
Dall'interno del libro
Risultati 1-3 di 46
... assets was denominated in the domestic currency , and assets were more concentrated in terms of sectoral distribution . This relative lack of portfolio diversification contrib- uted to financial fragility , creating vulnerability to ...
... assets of foreign banks operating in the South Korean market . Presum- ably this reflected the prevalence of non ... asset bubble during the late 1980s , as well as the restructuring of small and medium - sized enterprises ( SMEs ) in ...
... assets as collat- eral . This set up a self - reinforcing upward spiral - as financial institutions lent into these markets , the value of existing collateral increased , permit- ting greater lending , which in turn drove up asset ...
Sommario
Introduction 1347 | 1 |
References | 5 |
The South Korean Economy until 1997 | 15 |
Copyright | |
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Avoiding the Apocalypse: The Future of the Two Koreas [ISBN not on www] Noland, Marcus Anteprima limitata - 2000 |