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 88
... firms . As an indicator of this , more than half the reorganiza- tion cases completed between 1993 and 1995 had been filed more than five years earlier , and less than a quarter of the firms had successfully emerged from reorganization ...
... firms had loan- based , not equity - based , financial structures , making even efficient firms vulnerable to an interest spike . According to the OECD ( 1998 ) , South Korean firms ' interest costs already accounted for 17 percent of ...
... firms to fail , leaving the banking system with W28 trillion in bad debts . The government also has undertaken some proactive policies . Accord- ing to Aiyer ( 1999 ) , small and medium - sized businesses have been particu- larly ...
Sommario
Introduction | 1 |
References | 5 |
The South Korean Economy until 1997 | 15 |
Copyright | |
32 sezioni non visualizzate
Altre edizioni - Visualizza tutto
Avoiding the Apocalypse: The Future of the Two Koreas [ISBN not on www] Noland, Marcus Anteprima limitata - 2000 |