Under capitalism, man exploits man; under communism, it is opposite.
☞ The key goal of the communist movement
The abolition of private ownership of the ‘means of production’ such as factories and machines.
☞ Why?
They believed that it was the reason for the ‘wasteful’ anarchy of the market.
However…..
The planned economy based on state ownership of enterpris
History before M&A
1927. Assar Gabrielsson and Gustav Larson
1928. The first truck, the "Series 1,”
1930 the export of trucks to Europe started
But, the cars did not become even well-known outside Sweden until after WWII
History After M&A
1997. CEO, Leif Johansson inaugurated
1998. Merged Samsung Heavy Industries
Sold Mecalac, in farm machinery
1999. Sold Volvo
states the extent of hostility, though they agree that a risk of further escalation exists. This subject is very important to Korean economy which the portion of export is large. And recently the appreciation of won makes financial market get confused so KOSPI fell to 1870 line.
2. Background of Currency Wars
① Reasons for intentional devaluation
As the price to buy a particular currency fal
States’ economy which is a current hegemonic leader. In political sense, since beginning of an open economy, China has been expanding their international relations through export-oriented policy and we believed it as an important consideration to be analyzed further.
However, due to the problem of their economic structure, their political characteristics and conflict with other nations like Ta
1. Introduction
There is the rapid economic growth of East Asian countries and many scholars attribute these performances to the state's active intervention in the process of economic development. These East Asian countries were called "the developmental state"(henceforth DS). Japan and four East Asian dragons - Korea, Taiwan, Singapore, and Hong Kong - have achieved economic grow