integration
Complete economic integration is the final stage of economic integration. After complete economic integration, the integrated units have no or negligible control of economic policy, including full monetary union and complete or near-complete fiscal policy harmonisation.
Countries choose this kind of economic integration form if their economical structures are compleme
integration.
- When Dow Johns goes down 1%, Kospi goes down 0.2% with long term relationship.
3) The causes of Stock Market Integration
① Impact of the United State
First, the reason of increasing in market integration movement is because the United State acted as the driving force behind global economic growth over the Asian financial crisis in 1997. The economy of the United
The empirical results that Short and long term
relationship between U.S's stock prices and each
country's stock prices said that their relationship
was amplified after the second half of 2007.
Especially Korea and Europe have made long
term integration.
The United State acted as the driving force behind global economic growth over the Asian financial crisis in 1997.
D
society pattern, whereas the United States follows an individualistic one.
(5) Permanence: The majority of Korean students that go to America plan to stay there for long time, or even permanently.
A recent Korean census reported that seven out of ten students that go abroad to the United States prefer to stay, and not return back to Korea. As an alternative, the students plan to remain in the
CJ E&M is the Multi Program Provider which is united company and each affiliated companies are Broadcasting, Movie, Game and Music. And as the Contents distribution, the number of System Operator & subscriber is No. 1 (No.2 is T-Broad). So the appearance of CJ E&M means appearance of MSP to CJ Group.
By integration CJ E&M, It's the only company which have ability about contents producing a