foreign capital inflow.
• Creates BP surplus and upward pressure on currency.
Central bank intervenes in the foreignexchange market.
• Buys excess foreign currency.
Increases foreignexchange reserves.
• Sells domestic currency.
Increases the domestic money supply.
• That is, non-sterilized intervention.
LM curve shifts
foreignexchange system ( 1964. 5 ~ 1980. 2 )
The multicurrency basket system ( 1980. 2 ~ 1990. 2 )
Average exchange rate system ( 1990. 3 ~ 1997. 12. 15 )
The freely flotation exchange rate system ( 1997. 12 16 ~ today )
Declare intervening in the local foreignexchange market
lower exchange rate by using foreignexchange reserves
E.R. repeated sudden rise and fall
exchange rate di
Thailand’s Currency Crisis (IMF)
In 1997. 8. 5. Thailand request financial support to IMF (total amount $ 172 million).
Also in 1997, there are Capital Outflow by the hedge fund and Exhaustion of foreignexchange reserves. By carrying out the IMF’s Program, Thailand restored their trust in international society.
However, after IMF’s financial support, the Economics rate growth is turn in
소액주주(少額株主)․소수주주(小數株主)
2000년 12월 29일 개정된 소득세법에서는 기업이 발행한 주식총액 또는 출자총액의 1%에 해당하는 금액과 3억원 미만의 금액 중 적은 쪽에 해당하는 주식을 가진 사람을 소액주주라 하고 있다. 다만 은행법에 의한 금융기관의 경우에는 발행주식총액 또는 출
Foreign Markets : Russia
Analysis the country
The formal name is Russian Federation, and Russia borders the Arctic Ocean to the North, the Pacific Ocean to the East, North Korea, China, Mongolia, Kazakhstan, Azerbaijan, Gruziya to the South, Ukraine, Poland, Lithuania, Latvia, Estonia, Finland, and Norway to the West. Because of various geological structure and spaciousness territory, Russi