Download or read book Korea s Challenges Ahead Lessons from Japan s Experience written by Ms.Edda Zoli and published by International Monetary Fund. This book was released on 2017-01-18 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper draws out the parallels between Korea and Japan in terms of demographics, potential growth, balance sheets, asset prices and inflation. Korea’s demographic trends seem to track Japan’s with a lag of about 20 years. Low productivity in the service sector and labor market duality are common to both countries and need to be addressed with structural reforms. While Korea’s corporate balance sheets are stronger than Japan’s in the early 1990s, Korea needs to progress with the restructuring of nonviable firms to avoid the adverse consequences of delayed balance-sheet repair that Japan experienced. Given its strong fiscal balance sheet position, Korea can afford using fiscal policy actively to incentivize corporate restructuring and structural reforms and cushion their possible short-term adverse impact. Korea can prevent bubbles in asset prices that were at the origin of Japan’s initial crisis with the continued use of macroprudential policies. Although Korea does not appear to be headed toward deflation, new econometric analysis presented in the paper suggests that aging will exert a downward drag on its inflation going forward.
Download or read book Connecting People with Jobs Towards Better Social and Employment Security in Korea written by OECD and published by OECD Publishing. This book was released on 2018-03-14 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report has a special focus on low-income groups, jobseekers and workers, and policies geared towards closing the considerable gaps these groups are facing around income and employment support in Korea. It concludes that significant additional action will be needed to make income...
Download or read book Lessons in Sustainable Development from Japan and South Korea written by S. Hsu and published by Palgrave Pivot. This book was released on 2015-12-04 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Palgrave Pivot provides a concise overview of sustainable development in Japan and South Korea. Hsu, Naoi, and Zhang focus on environment, energy, health, technology, biodiversity, production, governance, well-being, livelihood, regulation, property rights, and minerals as indicators of sustainable development. Japan has greatly improved its environment since the industrialization process ended in the 1970s. The nation also has excellent health care and transportation systems. However, Japan continues to struggle with gender inequality and traffic congestion. Poverty and inequality have remained challenges since the 1990s. Similarly, South Korea is continuing to improve its environment, as well as its health care system, but struggles with gender inequality, poverty, and inequality. The countries can benefit from better social policies, as well as from a partnership in improving energy self-sufficiency, including enhancement of renewable energy technologies.
Download or read book A New Strategy for Korea s Fiscal Policy in a Low Growth Environment written by Ms.Edda Zoli and published by International Monetary Fund. This book was released on 2018-04-24 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adverse demographics and other structural weaknesses impinge on Korea’s long-term fiscal outlook and potential growth. Moreover, inadequate social protection is creating poverty and dampening consumption. The paper presents projections of Korea’s fiscal outlook, using new estimates of potential growth obtained with a novel multivariate filter. It shows that keeping fiscal revenues-to-GDP constant would result in an explosive public debt dynamic in the long term. Then, through simulations of the Flexible System of Global Models, the paper analyzes policies to preserve fiscal sustainability, while boosting potential growth and social protection. It concludes that with greater revenue mobilization, Korea can stabilize debt-to-GDP well below “dangerous” levels. Policies to address Korea’s challenges include higher targeted transfers to the most vulnerable and fiscal measures to support female labor force participation and employment, accompanied by product and labor market reforms.
Download or read book Republic of Korea written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2018-02-13 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues chapter outlines a strategy to facilitate this and navigate the more challenging monetary environment, involving enhanced communication of policy interest rate intentions and inflation-forecast targeting. The reduction in the inflation target by a percentage point to 2 percent in January 2016 weakened the nominal anchor. Monetary policy can play a role rebuilding the credibility of the anchor more rapidly through the adoption of inflation-forecast targeting. This strengthening of the monetary policy framework involves enhancing communications. An effective, credible monetary policy cannot address all macroeconomic challenges facing Korea. Rather, it can foster robust growth with low inflation, providing a stable and predictable environment that allows other policies to work more effectively. These other policies play a complementary role. Fiscal policy can reinforce the effectiveness of monetary policy, as illustrated by model scenarios. Structural policies can also support monetary policy by, for example, boosting potential growth.
Download or read book Development Centre Studies Policy Coherence Towards East Asia Development Challenges for OECD Countries written by OECD Development Centre and published by OECD Publishing. This book was released on 2005-11-17 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the impact of OECD country policies on East Asia in trade, investment, agriculture, finance, aid, macroeconomic policies and regional co-operation. Further, it examines the interaction of OECD country policies and their coherence with each other.
Download or read book How Japan is Coping with Its Macroeconomic and Structural Adjustment Problems written by Hugh T. Patrick 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 Japan and the Unification of Korea written by Michael H. Armacost and published by . This book was released on 1999 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In this issue of the NBR Analysis, Michael Armacost, President of The Brookings Institution and former Ambassador to Japan, and Kenneth Pyle, Professor of History and Asian Studies in the Henry M. Jackson School of International Studies at the University of Washington and President of The National Bureau of Asian Research, analyze the enigma of Japan[alpha]s Korea policy through an examination of Japan[alpha]s unique interests and constraints. They explore Japan[alpha]s possible role in reunification in light of its relations with the United States as well as Korea ..."--Forward.
Download or read book Japan s Island Troubles with China and Korea written by Victor Teo and published by Routledge. This book was released on 2018-11-01 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the Senkaku/Diaoyu dispute between Japan and China and the Dokdo/Takeshima dispute between Japan and Korea, in order to offer new perspectives on the possible approaches towards amelioration and resolution of these conflicts. Japan’s Island Troubles with China and Korea addresses the prospects of and challenges to achieving resolutions in the island disputes, rather than focusing solely on the origins and the political roles they play in the domestic politics of the three nations. Furthermore, in taking an interdisciplinary approach, this book transcends existing studies, which focus on the domestic contexts of the disputes, and therefore avoids the pitfalls of nationalistic narratives. Instead, this book fills a theoretical and methodological lacuna in the academic literature, exploring how the islands could become a point of co-operation, rather than contention. Providing a fresh examination of Japan’s relations with its two closest neighbours, this book will be invaluable to students and scholars of Asian politics and international relations, security studies, and Asia-Pacific studies more generally.
Download or read book Exploring the Social and Academic Experiences of International Students in Higher Education Institutions written by Bista, Krishna and published by IGI Global. This book was released on 2016-02-26 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cross-cultural experiences in university settings have a significant impact on students’ lives by enriching the learning process and promoting cultural awareness and tolerance. While studying abroad offers students unique learning opportunities, educators must be able to effectively address the specific social and academic needs of multicultural learners. Exploring the Social and Academic Experiences of International Students in Higher Education Institutions is a pivotal reference source for the latest research on the issues surrounding study abroad students in culturally diverse educational environments. Featuring various perspectives from a global context on ensuring the educational, structural, and social needs of international students are met, this book is ideally designed for university faculty, researchers, graduate students, policy makers, and academicians working with transnational students.
Download or read book Diaspora without Homeland written by Sonia Ryang and published by Univ of California Press. This book was released on 2009-04-27 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than one-half million people of Korean descent reside in Japan today—the largest ethnic minority in a country often assumed to be homogeneous. This timely, interdisciplinary volume blends original empirical research with the vibrant field of diaspora studies to understand the complicated history, identity, and status of the Korean minority in Japan. An international group of scholars explores commonalities and contradictions in the Korean diasporic experience, touching on such issues as citizenship and belonging, the personal and the political, and homeland and hostland.
Download or read book Korea s New Challenges and Kim Young Sam written by Christopher J. Sigur and published by . This book was released on 1993 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Governance of Financialization in Latin America and East Asia written by Max Nagel and published by Taylor & Francis. This book was released on 2023-10-20 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Governance of Financialization in Latin America and East Asia analyses how states in these areas have adopted different monetary, financial, and foreign exchange policies to govern financialization, which have induced varying levels of state control over financial markets. The book analyzes the puzzling observation of policy divergence by investigating how countries have reacted differently to major financial crises since the 1970s. It shows how Argentina and Japan selected a governance approach to financialization that followed Western prescriptions by propelling unregulated financialization; but also how Chile and South Korea, by contrast, crafted policies to reduce the negative effects of financialization on economic development and financial stability. The book identifies variegated expertise in central banks, ministries of finance, expert commissions, and research institutions that has informed policymaking across Argentina, Chile, Japan, and South Korea since the 1970s. It then demonstrates how governments have used experts to achieve diverse political objectives and explains how governments can use experts to enhance state agency to counter globalization pressures. This book will appeal to scholars of International Political Economy, comparative politics, economics, sociology, development studies, and Latin American and East Asian history. It will also be of interest to economists and policymakers who want to safeguard financial stability and promote economic growth.
Download or read book Japanese Public Sentiment on South Korea written by Tetsuro Kobayashi and published by Routledge. This book was released on 2021-11-30 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors to this book demonstrate empirically how Japanese public opinion is formed amid strained Japan–South Korea relations. Studying public opinion in Japan and South Korea is critically important for exploring the causes and consequences of the deterioration of the relationship between the two countries. Japan–South Korea relations are at their worst level since World War II. Faced with North Korea’s nuclear threat and China’s regional and global advances, Japan and South Korea are each allied with the US and function as key stabilizers within the Asia–Pacific "Pax Americana." These relations play a decisive role in East Asia’s international security. The contributors explore a variety of social scientific methodologies—both conventional quantitative surveys and experiments, as well as quantitative text analyses of published books and computational analyses of social media data—to disentangle the dynamic relationship between Japanese public opinion and Japan–South Korea relations. An invaluable resource for scholars of East Asian regional security issues.
Download or read book Rethinking the Law School written by Carel Stolker and published by Cambridge University Press. This book was released on 2015-10-15 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by a former dean, this book offers a unique understanding of challenges facing legal education, research, publishing and governance.
Download or read book Learning from the South Korean Developmental Success written by Ilcheong Yi and published by Springer. This book was released on 2014-04-13 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis of South Korea's development experience can present lessons for development in the 21st century. Situating the development experience of South Korea within the framework of the capability enhancing state, this volume examines the empowering institutions and policies of South Korea between 1945 and 2000.
Download or read book Japan s Island Troubles with China and Korea written by Victor Teo and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the Senkaku/Diaoyu dispute between Japan and China and the Dokdo/Takeshima dispute between Japan and Korea, in order to offer new perspectives on the possible approaches towards amelioration and resolution of these conflicts. Japan's Island Troubles with China and Korea addresses the prospects of and challenges to achieving resolutions in the island disputes, rather than focusing solely on the origins and the political roles they play in the domestic politics of the three nations. Furthermore, in taking an interdisciplinary approach, this book transcends existing studies, which focus on the domestic contexts of the disputes, and therefore avoids the pitfalls of nationalistic narratives. Instead, this book fills a theoretical and methodological lacuna in the academic literature, exploring how the islands could become a point of co-operation, rather than contention. Providing a fresh examination of Japan's relations with its two closest neighbours, this book will be invaluable to students and scholars of Asian politics and international relations, security studies, and Asia-Pacific studies more generally.
