Avoiding the Apocalypse: The Future of the Two Koreas [ISBN not on www]Peterson Institute, 2000 |
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˹éÒ viii
... exchange rate and stock market changes 210 Figure 6.5 South Korea's real GDP growth forecast and expected real exchange rate change 212 Figure 7.1 Model simulation results 274 Figure 7.2 Food availability 275 Figure 7.3 Output by sector ...
... exchange rate and stock market changes 210 Figure 6.5 South Korea's real GDP growth forecast and expected real exchange rate change 212 Figure 7.1 Model simulation results 274 Figure 7.2 Food availability 275 Figure 7.3 Output by sector ...
˹éÒ 2
... exchange . The Koreans repulsed initial forays by the French and the Americans , but the newly reemergent Japan , regarding Korea as " a dagger pointed at its heart , " proved more resolute . In 1876 the Japanese succeeded in opening ...
... exchange . The Koreans repulsed initial forays by the French and the Americans , but the newly reemergent Japan , regarding Korea as " a dagger pointed at its heart , " proved more resolute . In 1876 the Japanese succeeded in opening ...
˹éÒ 7
... exchange reserves . By the third week of December , however , foreign exchange reserves were nearly exhausted , and the country stood on the precipice of an international default that was avoided only through emer- gency intervention by ...
... exchange reserves . By the third week of December , however , foreign exchange reserves were nearly exhausted , and the country stood on the precipice of an international default that was avoided only through emer- gency intervention by ...
˹éÒ 15
... exchange rate , and low interest rates ( Cho 1994 ) . The results were misallocation of capital and recurrent balance of payments crises . The trade regime was characterized by considerable barriers , including an import licensing ...
... exchange rate , and low interest rates ( Cho 1994 ) . The results were misallocation of capital and recurrent balance of payments crises . The trade regime was characterized by considerable barriers , including an import licensing ...
˹éÒ 17
... exchange rate and the devaluation of the currency in 1964. At the same time , the govern- ment began to introduce a wide range of export promotion measures . A government - subsidized organization , the Korea Trade Promotion Corpo ...
... exchange rate and the devaluation of the currency in 1964. At the same time , the govern- ment began to introduce a wide range of export promotion measures . A government - subsidized organization , the Korea Trade Promotion Corpo ...
à¹×éÍËÒ
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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