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 54
... loans to strategic projects on a preferential basis . By the late 1970s , the share of these " policy loans " had risen to 60 percent ( Yoo 1994 ) .10 These loans carried , on average , negative real interest rates , and the annual ...
... loans in 1996. Policy loans , which contain a significant subsidy element , became less important over time , declining to 18 percent of bank credit and 5 percent of all lending in 1995.69 Moreover , these loans were increasingly ...
... loans is more narrow than that commonly used abroad , and foreign bankers estimate the true bad loan problem may be ... loans to ailing companies . ( Some have argued that these prosecutions were politically motivated . For our purposes ...
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 |