Publications » Korea's Economy Vol. 25

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The year 2008 saw a reversal of a long-lasting policy constellation in the international community visà- vis the Democratic People’s Republic of Korea (North Korea). South Korea, for 10 years a...
Wednesday, May 25, 2011 - 2:55pm
Author(s): Bernhard Seliger
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The year 2008 will be recorded in world history as a year in which the global capitalist system was threatened as a consequence of the U.S.-originated financial turmoil that began with the bankruptcy...
Wednesday, May 25, 2011 - 2:55pm
Author(s): Pyo Hak-kil
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Between winning the election in December 2007 and taking office in February 2008, Lee Myungbak and his administration sketched out a massive reform program that would potentially affect every aspect...
Wednesday, May 25, 2011 - 2:55pm
Author(s): Tony Michell
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North Korea’s economy has been on the verge of collapse since the beginning of the second nuclear crisis in 2002 because of the international community’s growing sanctions and pressure....
Wednesday, May 25, 2011 - 2:55pm
Author(s): Lee Sang-hyun
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Following several years of strong expansion, the Korean economy began losing momentum in the second half of 2008 in the wake of the stress engulfing the global financial system. Although the initial...
Wednesday, May 25, 2011 - 2:55pm
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There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial markets...
Wednesday, May 25, 2011 - 2:55pm
Author(s): Kim Dong-hwan
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The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (...
Wednesday, May 25, 2011 - 2:55pm
Author(s): Randall S. Jones
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“America is strongest when we act alongside strong partners,” the White House declared within days of President Barack Obama’s taking office in January 2008. The statement went on...
Wednesday, May 25, 2011 - 2:55pm
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The year 2008 was one of exciting and important developments in both Korea and the United States, as well as in the two countries’ bilateral relationship. Korea celebrated the 60th anniversary...
Wednesday, May 25, 2011 - 2:55pm
Author(s): Han Dongman
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Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States and...
Wednesday, May 25, 2011 - 2:55pm
Author(s): Thomas F. Cargill
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