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 85
... banks operating in the South Korean market . 70 Perhaps as a consequence of continued state involvement in the banks , it was widely believed that the government would not permit a bank to fail , and indeed none ever had . " A deposit ...
... banks not be allowed to fail ; this , together with deposit insurance , simultaneously creates an incentive for banks to seek risk , while it relieves depositors of the incentive to monitor bank health . This problem is compounded by ...
... banks , two securities houses , and one investment trust firm were ordered to suspend operations . Two large insolvent commercial banks , Korea First Bank and Seoul Bank , were nationalized and recapitalized by the authorities in ...
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 |