Avoiding the Apocalypse: The Future of the Two Koreas [ISBN not on www]Peterson Institute, 2000 |
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... raised the ante on the Korean peninsula . In recognition of these changing circumstances , in September 1997 we hosted a major international conference about issues on the Korean peninsula and published Economic Integration of the ...
... raised the ante on the Korean peninsula . In recognition of these changing circumstances , in September 1997 we hosted a major international conference about issues on the Korean peninsula and published Economic Integration of the ...
หน้า 4
... raising the productivity of existing assets . Having borrowed extensively on international markets in the aftermath of the first oil shock , it defaulted on its loans and was effectively cut off from international capital markets ...
... raising the productivity of existing assets . Having borrowed extensively on international markets in the aftermath of the first oil shock , it defaulted on its loans and was effectively cut off from international capital markets ...
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... raised , encourag- ing saving and financial deepening as well as more efficient use of capital . The national saving rate doubled in five years , and the ratio of M2 ( a broad definition of the money supply ) to GNP nearly tripled over ...
... raised , encourag- ing saving and financial deepening as well as more efficient use of capital . The national saving rate doubled in five years , and the ratio of M2 ( a broad definition of the money supply ) to GNP nearly tripled over ...
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... raising it to developed country level . The second impact was perhaps more profound , and surely unforeseen : Hosting the Olympics made it effectively impossible for Chun to use his usual repres- sive tactics to handle social discontent ...
... raising it to developed country level . The second impact was perhaps more profound , and surely unforeseen : Hosting the Olympics made it effectively impossible for Chun to use his usual repres- sive tactics to handle social discontent ...
หน้า 35
... raised concerns about precisely this anticompetitive impact of the " big deals . " 39. Similarly , Graham ( 1996 ) cites another perverse case in which restrictions on chaebol entry into new sectors actually gave rise to monopolies ...
... raised concerns about precisely this anticompetitive impact of the " big deals . " 39. Similarly , Graham ( 1996 ) cites another perverse case in which restrictions on chaebol entry into new sectors actually gave rise to monopolies ...
เนื้อหา
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