2. “Old” neoclassical growth theory
: An optimistic scenario
Solow 의 입장을 통해서 본 신고전적 성장이론
생산성은 축적된 자본의 양이 결정
자본 성장에 따른 생산성 증가는 감소하는 경향을 갖음
1인당 GDP의 증가를 위해서는 ‘기술적 진보’ 필요
‘기술적 진보’는 자동으로 이루어지는 특성을 갖음
공공
Not linear curve, but non-linear curve
No causal relations between economic growth and democracy
Timing of industrialization
Growing side by side(economic growth, democracy) is extremely scarce case except for developed countries.
Authoritarian systems keep more stable, and economic growth.
development in the financial sector and capital markets.
3.External Debt Management in Korea
1)History of external debt management in Korea
Ⅰ. 1960-70: Korea has a reputation for being one of the fastest developing countries in the world, experiencing rapid growth since 1963. Real GNP grew at an average annual rate of 9.0 percent between 1963-93. As a result, Korea's status changed fr
countries did not choose free trade for more than brief periods.
They argued that there is only one way to survive the historic tidal force that is globalization, and that is to put on the one-size-fits-all Golden Straitjacket. There is no alternative.
The rich countries
They force developing countries to accept neo-liberalism in order to take their own profit from them
Pr
developed countries including the United States, which are major stakeholders of the IMF.
Another issue with the IMF’s politics is that the exercise of voting power or the core functions such as crisis solution, exchange rate management and financial policy coordination within the IMF have been designed to perpetuate the dominance of a few industrial countries, specifically the USA and the Eu
Countries)에 대한 원조가 309.2억불(전체의 48.7%)로 가장 큰 부분을 차지하고 있다. 다음으로 최빈국(Least Developed Countries)에 대하여 174.6억불(27.5%)가 지원되었으며, 기타 저소득국에 124.9억불(19.7%), 고중소득국(Upper Middle-Income Countries)에 260.9억불(4.1%)순으로 지원이 이루어졌다.
지역별로는 최빈국이 많은
The Asian economic crisis raised the need of a union of countries to stabilize the global economy and to support continuous development.
G20 held a summit talk to resolve the current global economy crisis by the necessary cooperation of developed countries and rising countries.
Japan’s Economy after the Global Economy Crisis and Its Responses
The Four Unfavorable Factors in the Japan
Despite being once listed as one of the most dangerous countries in the world by The Economist, tourism is still a growing industry in Pakistan because of its diverse cultures, peoples and landscapes.
Pakistan Tourism Development Corporation (PTDC) also helps promote tourism in the country. However, tourism is still limited because of the lack of proper infrastructure and the wor
countries signed the Kyoto Protocol in Kyoto, JapanAccording to Kyoto Protocol, 36 counties are obliged to lower their greenhouse gas emission by 5.2 percent of the amount of emission in 1990.The Kyoto treaty does not include developing countries since they produce less greenhouse gases, and they are too poor to spend money on the environment.
But developing country must participate in the near
countries such as United States, EU, Japan, Singapore and so on, participated on 61st Chinese International Medical Device exhibition and made the record for the largest participants.
5. Threats from China
1) Government Supports Chinese company and Regulates foreign company
To let Chinese medical device manufacturers grow, government has supported them through some policy and investment, o