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The China Risk And Koreas Response
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Book Synopsis The China Risk and Korea's Response by : Ho Yeol Lim
Download or read book The China Risk and Korea's Response written by Ho Yeol Lim and published by . This book was released on 2016 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, the Chinese economy is undergoing a slowdown in the real economy, falling stock prices in the stock market, and devaluation of the yuan in the foreign exchange market. This research analyzes the current condition of the Chinese economy, evaluating the risks in China's real and financial economy. It also estimates the effects such risks can have on the Korean economy, presenting suggestions for Korea in responding to the China risk. The Chinese economy has maintained an annual average of 9.7% growth since its reform and opening up, but this slowed down to 7.3%~7.7% during 2012~2014, and plunged to 7.0% in the first half of 2015, entering the so-called "era of a new normal". Factors such as excessive production facilities, local government debt, adjustments in the real estate market and financial risk are hindering the nation's economic development. China's stock price, which crashed due to China's economic slowdown and a growing distrust in the government's ability to manage the stock market, nonetheless is not on the verge of collapse, as the total value of listed stocks remains above the trend line and the total trade volume also remains high. Moreover, as the correlation between stocks and the real economy is still low, the impact of the recent stock market crash on the real economy will be limited. As China's real economy is projected to continue undergoing a recession, it is important to utilize the opportunities that come from qualitative changes in the economy, while preparing for the risks that economic slowdown entails.
Download or read book Crisis in Korea written by Tim Beal and published by . This book was released on 2011 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: Balanced and deeply informed study of the increasingly volatile relations between North and South Korea.
Book Synopsis Geopolitical Risk on Stock Returns: Evidence from Inter-Korea Geopolitics by : Seungho Jung
Download or read book Geopolitical Risk on Stock Returns: Evidence from Inter-Korea Geopolitics written by Seungho Jung and published by International Monetary Fund. This book was released on 2021-10-22 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate how corporate stock returns respond to geopolitical risk in the case of South Korea, which has experienced large and unpredictable geopolitical swings that originate from North Korea. To do so, a monthly index of geopolitical risk from North Korea (the GPRNK index) is constructed using automated keyword searches in South Korean media. The GPRNK index, designed to capture both upside and downside risk, corroborates that geopolitical risk sharply increases with the occurrence of nuclear tests, missile launches, or military confrontations, and decreases significantly around the times of summit meetings or multilateral talks. Using firm-level data, we find that heightened geopolitical risk reduces stock returns, and that the reductions in stock returns are greater especially for large firms, firms with a higher share of domestic investors, and for firms with a higher ratio of fixed assets to total assets. These results suggest that international portfolio diversification and investment irreversibility are important channels through which geopolitical risk affects stock returns.
Book Synopsis Coping with Disaster Risk Management in Northeast Asia by : Gregory Coutaz
Download or read book Coping with Disaster Risk Management in Northeast Asia written by Gregory Coutaz and published by Emerald Group Publishing. This book was released on 2018-10-31 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the diversity of national disaster risk governance across Northeast Asia by comparing the national disaster management plans implemented by the governments of China, Taiwan, Japan and South Korea. It also provides an overview of the financial protection measures employed by these jurisdictions to insure against losses.
Book Synopsis China's Rise and the Two Koreas by : Scott Snyder
Download or read book China's Rise and the Two Koreas written by Scott Snyder and published by . This book was released on 2009 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: With China now South Korea's number one trading partner and destination for foreign investment and tourism, what are the implications for politics and security in East Asia? Scott Snyder explores the transformation of the Sino - South Korean relationship since the early 1990s. Snyder considers the strategic significance of recent developments in China's relationship with both North and South Korea and also assesses the likely consequences of those developments for US and Japanese influence in the region. His meticulous study lends important context to critical debates regarding China''s foreign policy, Northeast Asian security, and international relations more broadly. This title examines China's redefined political and economic relations with North and South Korea, as well as what this implies for US and Japanese influence in Northeast Asia.
Book Synopsis Unveiling the North Korean Economy by : Byung-Yeon Kim
Download or read book Unveiling the North Korean Economy written by Byung-Yeon Kim and published by Cambridge University Press. This book was released on 2017-06-08 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, systematic analysis of the North Korean economy, exposing its hidden workings through quantitative data analysis and surveys.
Book Synopsis Deterrence Theory and Chinese Behavior by : Abram N. Shulsky
Download or read book Deterrence Theory and Chinese Behavior written by Abram N. Shulsky and published by Rand Corporation. This book was released on 2000 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's recent reforms have led to unprecedented economic growth; if this continues, China will be able to turn its great potential power into actual power. The result could be, in the very long term, the rise of China as a rival to the United States as the world's predominant power; in the nearer term, China could become a significant rival in the East Asian region. In this context, the issue for U.S. policy is how to handle a rising power, a problem that predominant powers have faced many times throughout history. It is the contention of this report that the future Sino-U.S. context will illustrate many of the problems of deterrence theory that have been discussed in recent decades; deterrence theory will be, in general, more difficult to apply than it was in the U.S.-Soviet Cold War context. The key may be to seek nonmilitary means of deterrence, i.e., diplomatic ways to manipulate the tension to China's disadvantage.
Book Synopsis Learning from SARS by : Institute of Medicine
Download or read book Learning from SARS written by Institute of Medicine and published by National Academies Press. This book was released on 2004-04-26 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of severe acute respiratory syndrome (SARS) in late 2002 and 2003 challenged the global public health community to confront a novel epidemic that spread rapidly from its origins in southern China until it had reached more than 25 other countries within a matter of months. In addition to the number of patients infected with the SARS virus, the disease had profound economic and political repercussions in many of the affected regions. Recent reports of isolated new SARS cases and a fear that the disease could reemerge and spread have put public health officials on high alert for any indications of possible new outbreaks. This report examines the response to SARS by public health systems in individual countries, the biology of the SARS coronavirus and related coronaviruses in animals, the economic and political fallout of the SARS epidemic, quarantine law and other public health measures that apply to combating infectious diseases, and the role of international organizations and scientific cooperation in halting the spread of SARS. The report provides an illuminating survey of findings from the epidemic, along with an assessment of what might be needed in order to contain any future outbreaks of SARS or other emerging infections.
Book Synopsis China and North Korea by : C. Freeman
Download or read book China and North Korea written by C. Freeman and published by Springer. This book was released on 2015-06-30 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: At a time when Chinese policy makers appear to be rethinking China's historically close alliance relationship with North Korea, this volume gathers a diverse collection of original essays by some of China's leading experts on North Korea and China's North Korea policy.
Book Synopsis Kim Jong Un and the Bomb by : Ankit Panda
Download or read book Kim Jong Un and the Bomb written by Ankit Panda and published by Oxford University Press, USA. This book was released on 2020-07-15 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: In September 2017, North Korea shocked the world by exploding the most powerful nuclear device tested anywhere in 25 years. Months earlier, it had conducted the first test flight of a missile capable of ranging much of the United States. By the end of that year, Kim Jong Un, the reclusive state's ruler, declared that his nuclear deterrent was complete. Today, North Korea's nuclear weapons stockpile and ballistic missile arsenal continues to grow, presenting one of the most serious challenges to international security to date. Internal regime propaganda has called North Korea's nuclear forces the country's "treasured sword," underscoring the cherished place of these weapons in national strategy. Fiercely committed to self-reliance, Kim remains determined to avoid unilateral disarmament. Kim Jong Un and the Bomb tells the story of how North Korea-once derided in the 1970s as a "fourth-rate pipsqueak" of a country by President Richard Nixon-came to credibly threaten the American homeland by November 2017. Ankit Panda explores the contours of North Korea's nuclear capabilities, the developmental history of its weapons programs, and the prospects for disarming or constraining Kim's arsenal. With no signs that North Korea's total disarmament is imminent over the next years or even decade, Panda explores the consequences of a nuclear-armed North Korea for the United States, South Korea, and the world.
Download or read book Global China written by Tarun Chhabra and published by Brookings Institution Press. This book was released on 2021-06-22 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world.
Book Synopsis Towards A Common Future by : Arindam Banik
Download or read book Towards A Common Future written by Arindam Banik and published by Springer. This book was released on 2017-09-08 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the tremendous shift in both economic growth and development progress taking place towards the Asia-Pacific Region. Each of the countries in the region has various concerns and challenges for its sustainable development, a common goal most of them are trying to achieve at the moment. Interestingly, sustainable development in the region may be critical for achieving sustainable development at the global level as well. With a limited mandate, the book covers some specific developmental issues of ‘the hot spots’ of APR that are regarded to be contributing to their sustainable development. The book also looks at the formation and strengthening of some economic and financial initiatives with the potentials to affect growth and influence economic cooperation and integration of the countries in the region.
Book Synopsis FX Funding Risks and Exchange Rate Volatility–Korea’s Case by : Mr.Jack Ree
Download or read book FX Funding Risks and Exchange Rate Volatility–Korea’s Case written by Mr.Jack Ree and published by International Monetary Fund. This book was released on 2012-11-07 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines how exchange rate volatility and Korean banks’ foreign exchange liquidity mismatches interacted with each other during the Global Financial Crisis, and whether the vulnerability stemming from this interaction has been reduced since then. Structural and cyclical changes after the crisis, including decreasing demand for currency hedges and the diversifying investor base for bonds, point to a possible weakening of the interaction mechanism; and we find evidences are strongly supportive of this.
Book Synopsis The Paradox of Power by : David C. Gompert
Download or read book The Paradox of Power written by David C. Gompert and published by Government Printing Office. This book was released on 2020 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second half of the 20th century featured a strategic competition between the United States and the Soviet Union. That competition avoided World War III in part because during the 1950s, scholars like Henry Kissinger, Thomas Schelling, Herman Kahn, and Albert Wohlstetter analyzed the fundamental nature of nuclear deterrence. Decades of arms control negotiations reinforced these early notions of stability and created a mutual understanding that allowed U.S.-Soviet competition to proceed without armed conflict. The first half of the 21st century will be dominated by the relationship between the United States and China. That relationship is likely to contain elements of both cooperation and competition. Territorial disputes such as those over Taiwan and the South China Sea will be an important feature of this competition, but both are traditional disputes, and traditional solutions suggest themselves. A more difficult set of issues relates to U.S.-Chinese competition and cooperation in three domains in which real strategic harm can be inflicted in the current era: nuclear, space, and cyber. Just as a clearer understanding of the fundamental principles of nuclear deterrence maintained adequate stability during the Cold War, a clearer understanding of the characteristics of these three domains can provide the underpinnings of strategic stability between the United States and China in the decades ahead. That is what this book is about.
Download or read book The China Threat written by Ian Storey and published by Routledge. This book was released on 2004-08-02 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines perceptions of the 'China Threat', and government policies in response to the perceived threat in a wide range of countries and areas, including the US, Russia, Europe, Japan, South Asia, Southeast Asia and the Middle East.
Book Synopsis China’s Grand Strategy by : Andrew Scobell
Download or read book China’s Grand Strategy written by Andrew Scobell and published by Rand Corporation. This book was released on 2020-07-27 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.
Book Synopsis Domestic Constraints on South Korean Foreign Policy by : Scott A. Snyder
Download or read book Domestic Constraints on South Korean Foreign Policy written by Scott A. Snyder and published by Council on Foreign Relations. This book was released on 2018-01-01 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays support the argument that strong and effective presidential leadership is the most important prerequisite for South Korea to sustain and project its influence abroad. That leadership should be attentive to the need for public consensus and should operate within established legislative mechanisms that ensure public accountability. The underlying structures sustaining South Korea’s foreign policy formation are generally sound; the bigger challenge is to manage domestic politics in ways that promote public confidence about the direction and accountability of presidential leadership in foreign policy.