Avoiding the Apocalypse: The Future of the Two Koreas [ISBN not on www]Peterson Institute, 2000 |
Dall'interno del libro
Pagina viii
... debt and debt service - export ratio North Korean debt prices in the secondary market Number of South Koreans who visited the North 94 96 116 Figure 6.1 Saving , investment , and the current account 196 Figure 6.2 Capital inflows by ...
... debt and debt service - export ratio North Korean debt prices in the secondary market Number of South Koreans who visited the North 94 96 116 Figure 6.1 Saving , investment , and the current account 196 Figure 6.2 Capital inflows by ...
Pagina xvi
... debt to her is considerable . With good humor Ambassador ( ret . ) Robert J. Rich , Jr. took on the herculean task of making my prose both more comprehensible and more diplomatic , though I am not sure he would want to do it over again ...
... debt to her is considerable . With good humor Ambassador ( ret . ) Robert J. Rich , Jr. took on the herculean task of making my prose both more comprehensible and more diplomatic , though I am not sure he would want to do it over again ...
Pagina 7
... debt . In July 1997 , the Bank of Thailand severed the Thai baht's link to the US dollar , setting off the Asian ... debts of private institutions and to defend the value of the cur- rency , the Bank of Korea spent tens of billions of ...
... debt . In July 1997 , the Bank of Thailand severed the Thai baht's link to the US dollar , setting off the Asian ... debts of private institutions and to defend the value of the cur- rency , the Bank of Korea spent tens of billions of ...
Pagina 31
... debt signaled credit - worthiness , a state of affairs that S.M. Yoo ( 1999 ) described as " survival of the fattest . " E.H. Kim ( 1990 ) , in a study of corporate finance covering the decade 1977- 86 , found that " the largest firms ...
... debt signaled credit - worthiness , a state of affairs that S.M. Yoo ( 1999 ) described as " survival of the fattest . " E.H. Kim ( 1990 ) , in a study of corporate finance covering the decade 1977- 86 , found that " the largest firms ...
Pagina 32
... debt guarantees that could be undertaken . Despite these attempts to rein in the financial practices of the largest chaebol , these firms continued to expand to the point where their financial practices posed a systemic risk to the ...
... debt guarantees that could be undertaken . Despite these attempts to rein in the financial practices of the largest chaebol , these firms continued to expand to the point where their financial practices posed a systemic risk to the ...
Sommario
The Bubble Story | 191 |
The Crisis | 196 |
PostCrisis Developments | 209 |
Recovery | 235 |
Conclusions | 237 |
The Prospect for Successful Reform in the North | 239 |
Reform in the North | 240 |
A General Equilibrium Perspective on Reform | 254 |
10 | |
12 | |
17 | |
45 | |
47 | |
49 | |
61 | |
70 | |
75 | |
121 | |
128 | |
131 | |
133 | |
The Agreed Framework | 139 |
The Suspect Site and the Missile Test | 146 |
Evaluation | 154 |
The SlowMotion Famine in the North | 159 |
The Food Balance | 168 |
Food for Peace | 170 |
The Peoples Republic of Misery | 179 |
The Financial Crisis in the South | 183 |
Financial Fragility | 187 |
The Likelihood of Reform | 269 |
The Implications of North Korean Collapse | 273 |
The German Experience | 274 |
Relevance to Korea | 283 |
A General Equilibrium Perspective on Collapse and Absorption | 289 |
Conceptualizing the Costs and Benefits of Unification | 295 |
Dynamic Results | 298 |
Policy Lessons of the German Experience for South Korea | 306 |
Thinking Beyond the German Case | 308 |
Can the North Muddle Through? | 311 |
Socialism in One Family | 312 |
Muddling Through in Our Own Style | 321 |
Sustainability | 330 |
Conclusions | 335 |
North Korea | 336 |
South Korea | 340 |
Other Actors | 355 |
Final Thoughts | 363 |
References | 365 |
Appendix | 389 |
Index | 393 |
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activities agencies Other humanitarian Agreed Framework agreement agricultural announced argues assets capita income centrally planned chaebol chapter China Chinese collapse countries Daewoo debt decline demand diplomatic domestic DPRK East German Eberstadt economic reform enterprises estimates exchange rate exports external famine figure financial sector firms foreign Fund growth Hanbo humanitarian aid KEDO Hyundai IAEA imports increase industrial interest rates investment investors issue Japan Japanese KFTC Kim Dae-jung Kim Il-sung Kim Jong-il Kim Young-sam Korean peninsula Korean Unification labor liberalization loans macroeconomic ment military million missile National negotiations Noland North Korean economy North Korean won nuclear program OECD official output percent political problems production Pyongyang Rajin-Sonbong reactors regime relations relatively reported reportedly restructuring Romania scenario Seoul share significant South Korean banks South Korean government tion tons trade United Washington World Food Program