Download or read book Credit Policies in Japan and Korea written by and published by World Bank Publications. This book was released on with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Credit Policies in Japan and Korea written by Dimitri Vittas and published by World Bank Publications. This book was released on 1991 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Well- functioning bureaucracies, effective monitoring, and a high degree of financial discipline have contributed to the effectiveness of credit polities in Japan and Korea. But the two countries' credit policies are not without their critics.
Download or read book The government s role in japanese and Korean credit markets a new instituucional economics perspective written by Je Cho Yoon and published by World Bank Publications. This book was released on 1993 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Credit Policies written by Dimitri Vittas and published by World Bank Publications. This book was released on 1995 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Credit Policies and the Industrialization of Korea written by Yoon-Je Cho and published by World Bank Publications. This book was released on 1995-01-01 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Discussion Paper No. 286. This report was commissioned as part of a project on the effectiveness of credit policies in East Asian countries. In the Republic of Korea, the government has played a pervasive role in promoting industrializati
Download or read book Credit Policies in Japan and Korea written by Dimitri Vittas and published by . This book was released on 1991 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Credit policies and industrialization of Korea written by and published by . This book was released on 1993 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Credit Policies and the Industrialization of Korea written by Yoon-Je Cho and published by . This book was released on 1997-01-01 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How Finance Is Shaping the Economies of China Japan and Korea written by Yung Chul Park and published by Columbia University Press. This book was released on 2013-11-26 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume connects the evolving modern financial systems of China, Japan, and Korea to the development and growth of their economies through the first decade of the twenty-first century. It also identifies the commonalities among all three systems while taking into account their social, political, and institutional differences. Essays consider the reform of the Chinese economy since 1978, the underwhelming performance of the Japanese economy since about 1990, and the growth of the Korean economy over the past three decades. These economies engaged in rapid catch-up growth processes and share similar economic structures. While domestic forces have driven each country’s financial trajectory, international short-term financial flows have presented opportunities and challenges for all. For these countries, the nature and role of the financial system in generating real economic growth is integral, though nuanced and complex. The result is a fascinating spectrum of experiences with powerful takeaways.
Download or read book Comparisons Contrasts and Implications from Financial Development in Japan Taiwan and Korea written by Hugh T. Patrick and published by . This book was released on 1992 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Politics of Industrial Financing Policy written by Ryuji Yasuda and published by . This book was released on 1979 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Japanese Assimilation Policies in Colonial Korea 1910 1945 written by Mark E. Caprio and published by University of Washington Press. This book was released on 2011-07-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the late nineteenth century, Japan sought to incorporate the Korean Peninsula into its expanding empire. Japan took control of Korea in 1910 and ruled it until the end of World War II. During this colonial period, Japan advertised as a national goal the assimilation of Koreans into the Japanese state. It never achieved that goal. Mark Caprio here examines why Japan's assimilation efforts failed. Utilizing government documents, personal travel accounts, diaries, newspapers, and works of fiction, he uncovers plenty of evidence for the potential for assimilation but very few practical initiatives to implement the policy. Japan's early history of colonial rule included tactics used with peoples such as the Ainu and Ryukyuan that tended more toward obliterating those cultures than to incorporating the people as equal Japanese citizens. Following the annexation of Taiwan in 1895, Japanese policymakers turned to European imperialist models, especially those of France and England, in developing strengthening its plan for assimilation policies. But, although Japanese used rhetoric that embraced assimilation, Japanese people themselves, from the top levels of government down, considered Koreans inferior and gave them few political rights. Segregation was built into everyday life. Japanese maintained separate communities in Korea, children were schooled in two separate and unequal systems, there was relatively limited intermarriage, and prejudice was ingrained. Under these circumstances, many Koreans resisted assimilation. By not actively promoting Korean-Japanese integration on the ground, Japan's rhetoric of assimilation remained just that.
Download or read book Credit Policies Lessons from East Asia written by Dimitri Vittas and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: May 1995 Directed credit programs should be small, narrowly focused, and of limited duration (with clear sunset provisions). They should be financed by long-term funds to prevent inflation and macroeconomic instability. Directed credit programs were a major tool of development in the 1960s and 1970s. In the 1980s, their usefulness was reconsidered. Experience in most countries showed that they stimulated capital-intensive projects, that preferential funds were often (mis)used for nonpriority purposes, that a decline in financial discipline led to low repayment rates, and that budget deficits swelled. Moreover, the programs were hard to remove. But Japan and other East Asian countries have long touted the merits of focused, well-managed directed credit programs, saying they are warranted when there is a significant discrepancy between private and social benefits, when investment risk is too high on certain projects, and when information problems discourage lending to small and medium-size firms. The assumption underlying policy-based assistance and other forms of industrial assistance (such as lower taxes) is that the main constraint on new or expanding enterprises is limited access to credit. Vittas and Cho give an overview of credit policies in East Asian countries (China, Japan, and the Republic of Korea) as well as India, and summarize what these countries have learned about directed credit programs. Among the lessons: * Credit programs must be small, narrowly focused, and of limited duration (with clear sunset provisions). * Subsidies must be low to minimize distortion of incentives as well as the tax on financial intermediation that all such programs entail. * Credit programs must be financed by long-term funds to prevent inflation and macroeconomic instability. Recourse to central bank credit should be avoided except in the very early stages of development when the central bank's assistance can help jump-start economic growth. * They should aim at achieving positive externalities (or avoiding negative ones). Any help to declining industries should include plans for their timely phaseout. * They should promote industrialization and export orientation in a competitive private sector with internationally competitive operations. * They should be part of a credible vision of economic development that promotes growth with equity and should involve a long-term strategy to develop a sound financial system. * Policy-based loans should be channeled through well-capitalized, administratively capable financial institutions, professionally managed by autonomous managers. * They should be based on clear, objective, easily monitorable criteria. * Programs should aim for a good repayment record and few losses. * They should be supported by effective mechanisms for communication and consultation between the public and private sectors, including the collection and dissemination of basic market information. This paper -- a product of the Financial Sector Development Department -- is part of a larger effort in the department to study the effectiveness of policy-based finance in East Asia.
Download or read book A Comparative Study of Financial Liberalization Policies written by Thomas F. Cargill and published by . This book was released on 1992 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Policy based Finance and Market Alternatives written by Kim B. Staking and published by IDB. This book was released on 1997 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Industrial Development In East Asia A Comparative Look At Japan Korea Taiwan And Singapore With Cd rom written by Kucuk Ali Akkemik and published by World Scientific. This book was released on 2008-11-06 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a broad descriptive and quantitative evaluation of industrial policies in four East Asian economies — Japan, Korea, Taiwan, and Singapore — with a special focus on Singapore. The book offers a comprehensive overview of the discussions on the concept of industrial policy within the East Asian context and quantitative assessments of these policies through productivity analyses and CGE modeling, especially where Singapore is concerned. It demonstrates evidence for the positive role of industrial policies and government activism in welfare improvements and industrial development.
Download or read book Bibliography of Agriculture written by and published by . This book was released on 1966 with total page 2178 pages. Available in PDF, EPUB and Kindle. Book excerpt:
