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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... 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 ...
... Asset revaluation is an adjustment in asset value , typically involving the revaluation of fixed assets at market , rather than book , value . 51. Through 1998 , five South Korean banks were able to increase their capital by $ 678 ...
... assets . Sinn and Sinn estimate that the limits on the 1 : 1 convertibility of bank accounts wiped out almost one - third of household financial wealth . Indeed , Sinn and Sinn estimate that about half of this loss ( or one - sixth of ...
Sommario
Introduction | 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 |