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
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... crises : one during the early 1970s , another during the early 1980s , and , of course , the recent crisis that has plagued the country from 1997 through 1999. The latest crisis , if not its timing , was foreseeable . Indeed , the crisis ...
... crisis was caused by contagion - the increase in the probability of a crisis due to knowledge of a crisis elsewhere ? There are essentially two channels through which this could occur . One is through herding . The argument is that , as ...
... crisis eventually would have occurred under any set of capital account rules . The particular policies in place in 1997 accentuated the importance of foreign debt during the crisis and contributed to its timing . However , external ...
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 |