Avoiding the Apocalypse: The Future of the Two Koreas
Institute 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.
Risultati 1-3 di 87
The crisis had its roots in a development model characterized by considerable
government intervention in the economy . While this approach may have been
reasonable for a late developer playing technological catch - up , the system ...
Box 6.2 Contagion How much of the South Korean 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 ...
Post - Crisis Developments The IMF standby program and the South Korean
electoral calendar ( Kim Dae - jung would not take office until 25 February 1998 )
gave the country a window of roughly eight weeks to stabilize before the new ...
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The South Korean Economy until 1997
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