Avoiding the Apocalypse: The Future of the Two Koreas [ISBN not on www]Peterson Institute, 2000 |
Dall'interno del libro
Pagina 28
... South Korean exports , these were not established until 1975. Thus it is hard to argue that they facilitated exports in the early part of the export boom . ued . South Korea also benefited from the rapid growth 28 AVOIDING THE APOCALYPSE.
... South Korean exports , these were not established until 1975. Thus it is hard to argue that they facilitated exports in the early part of the export boom . ued . South Korea also benefited from the rapid growth 28 AVOIDING THE APOCALYPSE.
Pagina 29
... growth . However , Kwack ( 1999 ) , while obtaining the standard result of 3 percent TFP growth through the 1970s and 1980s , calculated that TFP growth began to slow around 1990 , falling below one percent a year.20 Moreover , he ...
... growth . However , Kwack ( 1999 ) , while obtaining the standard result of 3 percent TFP growth through the 1970s and 1980s , calculated that TFP growth began to slow around 1990 , falling below one percent a year.20 Moreover , he ...
Pagina 30
... growth - oriented policy , perva- sive regulations creating entry barriers ( and thus protecting incumbents from competition ) , and penchant for sole - sourcing important infrastruc- tural and other large - scale government supported ...
... growth - oriented policy , perva- sive regulations creating entry barriers ( and thus protecting incumbents from competition ) , and penchant for sole - sourcing important infrastruc- tural and other large - scale government supported ...
Pagina 31
... growth became the name of the game . Loans were the mecha- nism for growth , and , paradoxically , debt signaled credit - worthiness , a state of affairs that S.M. Yoo ( 1999 ) described as " survival of the fattest . " E.H. Kim ( 1990 ) ...
... growth became the name of the game . Loans were the mecha- nism for growth , and , paradoxically , debt signaled credit - worthiness , a state of affairs that S.M. Yoo ( 1999 ) described as " survival of the fattest . " E.H. Kim ( 1990 ) ...
Pagina 32
... growth of small and medium - size enterprises ( SMEs ) . None of these attempts can be regarded as particularly successful . In 1974 , the government issued an emergency decree to attempt to limit chaebol access to bank finance and to ...
... growth of small and medium - size enterprises ( SMEs ) . None of these attempts can be regarded as particularly successful . In 1974 , the government issued an emergency decree to attempt to limit chaebol access to bank finance and to ...
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