Download or read book Experiences with Monetary Integration and Lessons for Korean Unification written by Goohoon Kwon and published by International Monetary Fund. This book was released on 1997-05-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the timing of monetary integration and supporting economic policies during a rapid and largely uncontrolled process of Korean unification. The paper concludes that the transitory use of a separate currency in each region and supporting economic policies would help limit the initial costs of unification although the extent of the eventual cost reduction would depend critically on the success of ensuing economic reforms in the North during the transition. Maintaining the competitiveness of the northern economy would need to be a primary policy objective in the case of an early introduction of a common currency.
Download or read book Experiences with Monetary Integration and Lessons for Korean Unification written by Goohoon Kwon and published by . This book was released on 1997 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book North Korea and Economic Integration in East Asia written by Yeongseop Rhee and published by Routledge. This book was released on 2019-06-27 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout North Korea’s history, it has regarded external relations with suspicion and as a potential threat to its regime. With North Korea working towards denuclearization, there is now hope for an economic opening. This book examines the external economic strategies that North Korea may consider for its reforms and development, which are related to the East Asian economic integration process. This book emphasizes that considering theoretical factors as well as conditions of the North Korean economy, economic opening and integration should have high priority, anteceding or at least being parallel to economic reforms and transformation. Also, among various alternative strategies for achieving the goal of economic reform and development based on economic opening, the utilization of East Asian regional economic integration framework would be the best option for North Korea, because this framework can provide an opportunity for North Korea to overcome structural problems in its external economic relations and to circumvent political conflicts, thus leading to a smoother rapprochement towards economic opening. This book is timely as it shows how a new economic recovery strategy on the Korean Peninsula may be accomplished.
Download or read book Shades of Sovereignty written by Paul Wilson and published by Rowman & Littlefield. This book was released on 2021-07-12 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive book traces the role of money in the creation of the state. Starting in the early modern era, Paul Wilson explores the monetary systems of empires and new states in the age of nation-building in the eighteenth and nineteenth century. Spanning a wide geographical and historical range from the creation of the United States of America to the establishment of the European Union and the breakup of the Soviet Union and beyond, the author examines changing attitudes toward monetary sovereignty as dozens of new states created new currencies since the end of the Second World War. Wilson analyzes the decision–making of newly independent states in their choice of an appropriate currency, considering the complex factors involved—ranging from the purely economic to questions of security, international recognition, and outright nationalism that have played a part. The author challenges the notion that each country must necessarily have its own currency and explains why some newly independent countries have chosen to adopt the currency of another state. Citing the examples of international currency unions of the nineteenth century and the present day, he contends that sharing a currency does not represent a surrender of political sovereignty. Instead, Wilson argues for a more rational attitude toward money as a facilitator of transactions rather than as a symbol of national identity.
Download or read book East Asia s Monetary Future written by Suthiphand Chirathivat and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading scholars from East Asia, Europe and the US contribute new insights to the key questions facing the organization and future of the monetary system in East Asia. Central questions discussed and analysed in the book include, amongst others: should the region move towards monetary union? Should countries peg their exchange rates to the US dollar? Is complete dollarization an option for East Asia? The authors argue that, having realized price stability over the last twenty years, in contrast to Latin America and Africa, the next logical step would be the gradual formation of various currency blocs within the region. This comprehensive discussion of the fundamental issues at stake will ensure the book's appeal to academics and researchers of Asian studies and financial economics. Financial experts working in this area and policymakers will also find much of interest to them within this book.
Download or read book Korea written by Victor Cha and published by Yale University Press. This book was released on 2023-06-27 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: A major new history of North and South Korea, from the late nineteenth century to the present day “Cha and Pacheco Pardo have years of expertise in Korean international relations. . . . A crisp and balanced account.”—Christopher Harding, The Telegraph Korea has a long, riveting history—it is also a divided nation. South Korea is a vibrant democracy, the tenth largest economy, and is home to a world-renowned culture. North Korea is ruled by the most authoritarian regime in the world, a poor country in a rich region, and is best known for the cult of personality surrounding the ruling Kim family. But both Koreas share a unique common history. Victor Cha and Ramon Pacheco Pardo draw on decades of research to explore the history of modern Korea, from the late nineteenth century, Japanese occupation, and Cold War division to the present day. A small country caught amongst the world’s largest powers—including China, Japan, Russia, and the United States—Korea’s fate has been closely connected to its geography and the strength of its leadership and society. This comprehensive history sheds light on the evolving identities of the two Koreas, explaining the sharp differences between North and South, and prospects for unification.
Download or read book Avoiding the Apocalypse The Future of the Two Koreas ISBN not on www written by Noland, Marcus and published by Peterson Institute. This book was released on 2000 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Collapse of North Korea written by Tara O and published by Springer. This book was released on 2016-07-25 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights the increasing risk of North Korea’s collapse and considers the necessary actions that would enable the neighboring powers to prepare for such an event. North Korea's deteriorating economic conditions, its reliance on external assistance, and the degree of information penetration all provide hints of its collapse. Whether the chance is high or low, the collapse of North Korea and subsequent Korean unification would drastically alter the geostrategic landscape and profoundly affect the national interests of the regional powers—South Korea, China, the United States, Japan, and Russia. The most desirable scenario for a post-unification Korean Peninsula is a successfully developed and integrated non-nuclear Korea acting as a responsible regional and world stakeholder. This work considers the major challenges expected after a North Korean collapse, including the control of nuclear weapons, disorder in the immediate aftermath of collapse, and economic and social integration. The author then outlines how regional powers need to prepare to handle these challenges in order to minimize suffering and to set the foundation for long-term development and regional stability.
Download or read book The Costs and Benefits of Korean Unification written by Marcus Noland and published by . This book was released on 1998 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional and Urban Policy and Planning on the Korean Peninsula written by Harry Ward Richardson and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: The potential for reunification of the two Koreas, whether in the short or long term, argues for a comprehensive look at policy and planning issues that encompass the peninsula as a whole. This book deals with spatial policy issues in both South and North Korea in a broad and non-political way. Part one deals with South Korea, examining cultural changes, the capital city of Seoul, Greenbelt policy, the balanced national (regional) development strategy, and the new mega-regional approach. Part two delves into aspects of development in North Korea, such as the limitations of national statistics, the marketization of the economy, integration with the rest of North East Asia, and the need for a spatial infrastructure strategy. Part three examines the case for reunification in the interests of both the South and North. It argues that a transitional approach would be less costly and less risky than sudden reunification primarily via an early strategy of shifting more capital to the North and later by moderating migration flows to the South. The book also examines whether the capital should remain in Seoul or be relocated elsewhere should reunification occur. Professors, students and public policy officials in the fields of Asian studies, regional economics and planning, urban studies and political science and any reader interested in the future of Korea will find this book very current and enlightening.
Download or read book IMF Survey written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1997-01-01 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx
Download or read book Modeling Korean Unification written by Marcus Noland and published by . This book was released on 1999 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book IMF Staff papers Volume 44 No 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1997-01-01 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the case of Mexico to examine determinants of banking system fragility. The paper tests empirically the proposition that bank fragility is determined by bank-specific factors, macroeconomic conditions, and potential contagion effects. The methodology allows the variables that determine bank failure to differ from those that influence banks’ time to failure (or survival rate). Based on the indicators of fragility of individual banks, the paper constructs an index of fragility for the banking system. The framework is applied to the Mexican financial crisis that began in 1994.
Download or read book Research Activities of the International Monetary Fund written by International Monetary Fund. Interdepartmental Working Group on Fund Policy Advice and published by . This book was released on 1998 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Research Activities of the IMF January 1991 December 1999 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2000-01-01 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research activity in the IMF emphasizes the links between the organization's policy and operational concerns. The main objectives of research is IMF staff understanding of policy and operational issues relevant to the institution, and to improve the analytical quality of the work prepared for management and the Executive Board and the advice provided to member countries. The scope of research in the IMF is defined by the purposes and functions of the institution. In order to foster innovation and ensure quality control, the IMF makes much of its research available outside the institution and encourages staff to interact with academia and other research organizations through conferences, seminars, and occasional joint research projects. The visiting scholar’s program has also enhanced the quality of research done in the IMF. This program brings in leading members of the economics profession from around the world to assist in the preparation of papers for the Executive Board and to conduct research on IMF-related issues.
Download or read book Research Activities of the IMF January 1991 December 1998 written by International Monetary Fund and published by International Monetary Fund. This book was released on 1999-09-24 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: A selective index of major research papers prepared by IMF staff in 1991-98.
Download or read book Korean Unification in a New Era written by Victor D. Cha and published by CSIS Reports. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In light of growing discussion about the future of the Korean peninsula, the CSIS Korea Chair held a major conference featuring senior-level policy and scholarly discussions on the topic of unification, and this report provides a record of that conference. It was a landmark event addressing economic, business, political, and security opportunities of unification, and it was cohosted with the National Research Council for Economics, Humanities and Social Sciences (NRCS) of the Republic of Korea and a consortium of other institutions.
