Confronting South Korea's Next Crisis

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Author :
Publisher : Oxford University Press
ISBN 13 : 0192633430
Total Pages : 240 pages
Book Rating : 4.1/5 (926 download)

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Book Synopsis Confronting South Korea's Next Crisis by : Jaejoon Woo

Download or read book Confronting South Korea's Next Crisis written by Jaejoon Woo and published by Oxford University Press. This book was released on 2022-05-12 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Korea's economic miracle is a well-known story. However, today Korea is confronting a new set of internal and external risks, which may foreshadow the next crisis. The Korean economy has been struggling with the faltering growth momentum and the rise of unprecedented socio-economic problems over recent years well before the pandemic crisis. After abrupt downshifts to markedly slower growth in the early 2000s, economic growth has continued to decelerate. Koreans are grappling with slow income growth, all time-high household debt, high youth unemployment, inequality, and social polarization. Politics is in disarray and is incapable of directing social discourse for the common good. Rapid population aging along with the world's lowest fertility rates stokes fears of Japanification. Simultaneously, disruptive technologies and fast-changing business environment such as the rise of China clash with a range of long-standing structural problems. The contemporary challenges are radically different from those seen in the early stages of industrialization. There are multiple risks that threaten to self-perpetuate low or stagnant growth over the next decade or so, if not an outright financial crisis. Motivated by these latest developments, this book seeks to provide a timely and in-depth analysis of key current issues and foreseeable challenges of the economy, with a provocative reassessment of its future. Based on extensive new empirical works, it examines the underlying causes of the socio-economic problems. In a constructive spirit, it puts in perspective what would constitute critical elements of ideal policy solutions and the direction of the future government's role.

Confronting South Korea's Next Crisis

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Author :
Publisher : Oxford University Press
ISBN 13 : 0198864426
Total Pages : 647 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis Confronting South Korea's Next Crisis by : Jaejoon Woo

Download or read book Confronting South Korea's Next Crisis written by Jaejoon Woo and published by Oxford University Press. This book was released on 2022 with total page 647 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Korea's economic miracle is a well-known story. However, today Korea is confronting a new set of internal and external risks, which may foreshadow the next crisis. The Korean economy has been struggling with the faltering growth momentum and the rise of unprecedented socio-economic problems over recent years well before the pandemic crisis. After abrupt downshifts to markedly slower growth in the early 2000s, economic growth has continued to decelerate. Koreans are grappling with slow income growth, all time-high household debt, high youth unemployment, inequality, and social polarization. Politics is in disarray and is incapable of directing social discourse for the common good. Rapid population aging along with the world's lowest fertility rates stokes fears of Japanification. Simultaneously, disruptive technologies and fast-changing business environment such as the rise of China clash with a range of long-standing structural problems. The contemporary challenges are radically different from those seen in the early stages of industrialization. There are multiple risks that threaten to self-perpetuate low or stagnant growth over the next decade or so, if not an outright financial crisis. Motivated by these latest developments, this book seeks to provide a timely and in-depth analysis of key current issues and foreseeable challenges of the economy, with a provocative reassessment of its future. Based on extensive new empirical works, it examines the underlying causes of the socio-economic problems. In a constructive spirit, it puts in perspective what would constitute critical elements of ideal policy solutions and the direction of the future government's role.

South Korea’s Democracy in Crisis

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 1931368716
Total Pages : 361 pages
Book Rating : 4.9/5 (313 download)

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Book Synopsis South Korea’s Democracy in Crisis by : Gi-Wook Shin

Download or read book South Korea’s Democracy in Crisis written by Gi-Wook Shin and published by Rowman & Littlefield. This book was released on 2022-12-27 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like in many other states worldwide, democracy is in trouble in South Korea, entering a state of regression in the past decade, barely thirty years after its emergence in 1987. The contributors to this volume trace the sources of illiberalism in today’s Korea.

South Korea's Rise

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1107012503
Total Pages : 229 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis South Korea's Rise by : Uk Heo

Download or read book South Korea's Rise written by Uk Heo and published by Cambridge University Press. This book was released on 2014-07-03 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores South Korea's phenomenal economic rise and the impact that this has had on the country's foreign policy.

Refighting the Last War

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Author :
Publisher : Simon and Schuster
ISBN 13 : 1451602375
Total Pages : 322 pages
Book Rating : 4.4/5 (516 download)

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Book Synopsis Refighting the Last War by : D. Clayton James

Download or read book Refighting the Last War written by D. Clayton James and published by Simon and Schuster. This book was released on 2010-06-15 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distinguished historian D. Clayton James offers a brilliant reinterpretation of the Korean War conflict. Focusing on the critical issue of command, he shows how the Korean War is a key to understanding American decision-making in all military encounters since World War II. Korea, the first of America’s limited wars to stem the tide of world communism, was fought on unfamiliar terrain and against peasant soldiers and would become a template for subsequent American military engagements, especially Vietnam. And yet, the strategic and tactical doctrines employed in Korea, as well as the weapons and equipment, were largely left over from World War II. James, the master biographer of MacArthur, uses studies of military crises to examine the American high command in the Korean War. He explores the roles, leadership, personalities, and prejudices of five key commanders—President Harry S. Truman; Generals Douglas MacArthur, Matthew B. Ridgway, and Mark W. Clark; and Admiral C. Turner Joy—and then looks at six crucial issues confronting them in that conflict. From the decision made by Truman, without congsessional approval, to commit United States forces to combat in Korea, to MacArthur’s persistent fight for approval of his dangerous plan to assault Inchon, to the judgment to finally open truce negotiations, these turning points illuminate the American way of command in wartime. James analyzes the ground-level results and long-term implications of each choice, and sensitively explores the course that might had followed if other options had been taken. Probing the nature and consequences of these military resolutions, James shows how the conduct of the Korean War, like every new war, bears the imprint of the preceding one.

Confronting Security Challenges on the Korean Peninsula

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781984056450
Total Pages : 232 pages
Book Rating : 4.0/5 (564 download)

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Book Synopsis Confronting Security Challenges on the Korean Peninsula by : Marine Corps Press

Download or read book Confronting Security Challenges on the Korean Peninsula written by Marine Corps Press and published by Createspace Independent Publishing Platform. This book was released on 2018-01-21 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Korean Peninsula was and is in a state of flux.More than 60 years after the war that left the country divided, the policies and unpredictability of the North Korean regime, in conjunction with the U.S. alliance with South Korea and the involvement of China in the area, leave the situation there one of the most capricious on the globe. Confronting Security Challenges on the Korean Peninsula presents the opinions from experts on the subject matter from the policy, military, and academic communities. Drawn from talks at a conference in September 2010 at Marine Corps University, the papers explore the enduring security challenges, the state of existing political and military relationships, the economic implications of unification, and the human rights concerns within North and South Korea. They also reiterate the importance for the broader East Asia region of peaceful resolution of the Korean issues.

Dealing with the Challenges of Macro Financial Linkages in Emerging Markets

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464800030
Total Pages : 307 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Dealing with the Challenges of Macro Financial Linkages in Emerging Markets by : Otaviano Canuto

Download or read book Dealing with the Challenges of Macro Financial Linkages in Emerging Markets written by Otaviano Canuto and published by World Bank Publications. This book was released on 2013-10-29 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the challenges of macro financial linkages in the emerging markets.

Water, Peace, and War

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Publisher : Rowman & Littlefield
ISBN 13 : 1442249285
Total Pages : 425 pages
Book Rating : 4.4/5 (422 download)

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Book Synopsis Water, Peace, and War by : Brahma Chellaney

Download or read book Water, Peace, and War written by Brahma Chellaney and published by Rowman & Littlefield. This book was released on 2015-03-01 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in an updated edition, this pioneering and authoritative study considers the profound impact of the growing global water crunch on international peace and security as well as possible ways to mitigate the crisis. Although water is essential to sustaining life and livelihoods, geostrategist Brahma Chellaney argues that it remains the world’s most underappreciated and undervalued resource. One sobering fact is that the retail price of bottled water is already higher than the international spot price of crude oil. But unlike oil, water has no substitute, raising the specter of water becoming the next flashpoint for conflict. Water war as a concept may not mesh with the conventional construct of warfare, especially for those who plan with tanks, combat planes, and attack submarines as weapons. Yet armies don’t necessarily have to march to battle to seize or defend water resources. Water wars—in a political, diplomatic, or economic sense—are already being waged between riparian neighbors in many parts of the world, fueling cycles of bitter recrimination, exacerbating water challenges, and fostering mistrust that impedes broader regional cooperation and integration. The danger is that these water wars could escalate to armed conflict or further limit already stretched food and energy production. Writing in a direct, nontechnical, and engaging style, Brahma Chellaney draws on a wide range of research from scientific and policy fields to examine the different global linkages between water and peace. Offering a holistic picture and integrated solutions, his book has become the recognized authority on the most precious natural resource of this century and how we can secure humankind’s water future.

The Great Tradeoff

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Author :
Publisher : Peterson Institute for International Economics
ISBN 13 : 0881326968
Total Pages : 259 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis The Great Tradeoff by : Steven R. Weisman

Download or read book The Great Tradeoff written by Steven R. Weisman and published by Peterson Institute for International Economics. This book was released on 2016-01-07 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial and economic crisis that began in 2008 has blasted livelihoods, inspired protests, and toppled governments. It has also highlighted the profound moral concerns long surrounding globalization. Did materialist excess, doctrinaire embrace of free trade and capital flows, and indifference to economic injustice contribute to the disaster of the last decade? Was it ethical to bail out banks and governments while innocent people suffered? In this blend of economics, moral philosophy, history, and politics, Steven R. Weisman argues that the concepts of liberty, justice, virtue, and loyalty help to explain the passionate disagreements spawned by a globally integrated economy.

Flash Point North Korea

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Author :
Publisher : Naval Institute Press
ISBN 13 : 1612513565
Total Pages : 148 pages
Book Rating : 4.6/5 (125 download)

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Book Synopsis Flash Point North Korea by : Richard A Mobley

Download or read book Flash Point North Korea written by Richard A Mobley and published by Naval Institute Press. This book was released on 2013-05-11 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: During a dark period of U.S. military history in the late 1960s, North Korean forces captured an American naval vessel and shot down an unarmed reconnaissance aircraft, taking the lives of thirty-one U.S. sailors and Marines and striking a damaging blow to American honor. This look back to that earlier time of crisis provides serious food for thought as contemporary strategists again grapple with a North Korean regime that threatens regional security and U.S. national interests. The capture of USS Pueblo has been written about extensively but rarely in context with the shoot down fifteen months later of an EC-121 aircraft and never with so much relevant documentation. Richard Mobley, a veteran naval intelligence officer who served on the staff of U.S. forces in Korea during the late 1990s—confronting many of the same challenges faced in the 1960s and today—has uncovered a vast array of recently declassified documents that shed new light on these events and address lingering questions about U.S. reactions and its failure to retaliate. The formerly top secret answers to these and many other frequently asked questions are all covered in Mobley's groundbreaking investigation. His careful examination of the resource strains caused by concurrent U.S. involvement in Vietnam, the unexecuted retaliatory plans, and lessons learned confirms many criticisms long leveled at U.S. planners and decision-makers. It also challenges other criticisms by revealing new information and by placing these facts in the context of the time. The author couples the wisdom of hindsight with the revelation of new information for a timely new work on a subject of ongoing and vital importance.

South Korea under Compressed Modernity

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Author :
Publisher : Routledge
ISBN 13 : 1136990259
Total Pages : 192 pages
Book Rating : 4.1/5 (369 download)

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Book Synopsis South Korea under Compressed Modernity by : Kyung-Sup Chang

Download or read book South Korea under Compressed Modernity written by Kyung-Sup Chang and published by Routledge. This book was released on 2010-04-12 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: The condensed social change and complex social order governing South Koreans’ life cannot be satisfactorily delineated by relying on West-derived social theories or culturalist arguments. Nor can various globally eye-catching traits of this society in industrial work, education, popular culture, and a host of other areas be analyzed without developing innovative conceptual tools and theoretical frameworks designed to tackle the South Korean uniqueness directly. This book provides a fascinating account of South Korean society and its contemporary transformation. Focusing on the family as the most crucial micro foundation of South Korea’s economic, social, and political life, Chang demonstrates a shrewd insight into the ways in which family relations and family based interests shape the structural and institutional changes ongoing in South Korea today. While the excessive educational pursuit, family-exploitative welfare, gender-biased industrialization, virtual demise of peasantry, and familial industrial governance in this society have been frequently discussed by local and international scholarship, the author innovatively explicates these remarkable trends from an integrative theoretical perspective of compressed modernity. The family-centered social order and everyday life in South Korea are analyzed as components and consequences of compressed modernity. South Korea under Compressed Modernity is an essential read for anyone studying Contemporary Korea or the development of East Asian societies more generally.

International Trade

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Author :
Publisher : OUP Oxford
ISBN 13 : 9780198297116
Total Pages : 734 pages
Book Rating : 4.2/5 (971 download)

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Book Synopsis International Trade by : Luis Rivera-Batiz

Download or read book International Trade written by Luis Rivera-Batiz and published by OUP Oxford. This book was released on 2003 with total page 734 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title offers an integrated account of strategic trade analysis, combined with empirical evidence and new results. It addresses the need to synthesize and integrate the new advances in a field that has become a key element of policy discussions.

Global Waves of Debt

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464815453
Total Pages : 403 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Waves of Debt by : M. Ayhan Kose

Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Dilemmas of a Trading Nation

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Publisher : Brookings Institution Press
ISBN 13 : 0815729200
Total Pages : 234 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Dilemmas of a Trading Nation by : Mireya Solis

Download or read book Dilemmas of a Trading Nation written by Mireya Solis and published by Brookings Institution Press. This book was released on 2017-08-01 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: The balancing of competing interests and goals will have momentous consequences for Japan—and the United States—in their quest for economic growth, social harmony, and international clout. Japan and the United States face difficult choices in charting their paths ahead as trading nations. Tokyo has long aimed for greater decisiveness, which would allow it to move away from a fragmented policymaking system favoring the status quo in order to enable meaningful internal reforms and acquire a larger voice in trade negotiations. And Washington confronts an uphill battle in rebuilding a fraying domestic consensus in favor of internationalism essential to sustain its leadership role as a champion of free trade. In Dilemmas of a Trading Nation, Mireya Solís describes how accomplishing these tasks will require the skillful navigation of vexing tradeoffs that emerge from pursuing desirable, but to some extent contradictory goals: economic competitiveness, social legitimacy, and political viability. Trade policy has catapulted front and center to the national conversations taking place in each country about their desired future direction—economic renewal, a relaunched social compact, and projected international influence. Dilemmas of a Trading Nation underscores the global consequences of these defining trade dilemmas for Japan and the United States: decisiveness, reform, internationalism. At stake is the ability of these leading economies to upgrade international economic rules and create incentives for emerging economies to converge toward these higher standards. At play is the reaffirmation of a rules-based international order that has been a source of postwar stability, the deepening of a bilateral alliance at the core of America's diplomacy in Asia, and the ability to reassure friends and rivals of the staying power of the United States. In the execution of trade policy today, we are witnessing an international leadership test dominated by domestic governance dilemmas.

The Asian Financial Crisis

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Author :
Publisher : MIT Press
ISBN 13 : 9780262692458
Total Pages : 300 pages
Book Rating : 4.6/5 (924 download)

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Book Synopsis The Asian Financial Crisis by : Wing Thye Woo

Download or read book The Asian Financial Crisis written by Wing Thye Woo and published by MIT Press. This book was released on 2000 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the Asian financial crisis of 1997-1999. In addition to the issues of financial system restructuring, export-led recovery, crony capitalism, and competitiveness in Asian manufacturing, it examines six key Asian economies--China, Indonesia, Japan, Korea, Malaysia, and Thailand. The book makes clear that there is little particularly Asian about the Asian financial crisis. The generic character of the crisis became clear during 1998, when it reached Russia, South Africa, and Brazil. The spread of the crisis reflects the rapid arrival of global capitalism in a world economy not used to the integration of the advanced and developing countries. The book makes recommendations for reform, including the formation of regional monetary bodies, the establishment of an international bankruptcy system, the democratization of international organizations, the infusion of public money to revive the financial and corporate sectors in Pacific Asia, and stronger supervision over financial institutions. The book emphasizes a mismatch in Pacific Asia between investment in physical hardware (e.g., factories and machinery) and in social software (e.g., scientific research centers and administrative and judiciary systems). In a world of growing international competitiveness, concerns over governance will weigh increasingly heavily on unreformed Asian countries. The long-term competitiveness of Asia rests on its getting its institutions right.

Global Trends 2040

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Author :
Publisher : Cosimo Reports
ISBN 13 : 9781646794973
Total Pages : 158 pages
Book Rating : 4.7/5 (949 download)

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Book Synopsis Global Trends 2040 by : National Intelligence Council

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

The Impossible State

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Author :
Publisher : HarperCollins
ISBN 13 : 0062906445
Total Pages : 479 pages
Book Rating : 4.0/5 (629 download)

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Book Synopsis The Impossible State by : Victor Cha

Download or read book The Impossible State written by Victor Cha and published by HarperCollins. This book was released on 2018-10-23 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Impossible State, seasoned international-policy expert and lauded scholar Victor Cha pulls back the curtain on provocative, isolationist North Korea, providing our best look yet at its history and the rise of the Kim family dynasty and the obsessive personality cult that empowers them. Cha illuminates the repressive regime’s complex economy and culture, its appalling record of human rights abuses, and its belligerent relationship with the United States, and analyzes the regime’s major security issues—from the seemingly endless war with its southern neighbor to its frightening nuclear ambitions—all in light of the destabilizing effects of Kim Jong-il’s death and the transition of power to his unpredictable heir. Ultimately, this engagingly written, authoritative, and highly accessible history warns of a regime that might be closer to its end than many might think—a political collapse for which America and its allies may be woefully unprepared.