Background of Collapse
External Situation
1. Afghanistan War(1979.12.25.)
- Coup of PDPA causes Resistance : Crisis for SU,
Carried out an invasion
→ International condemnation
Economic & Military burden
2. Ne0-Cold War against US
- Ronald Reagan’s Election as President(1981)
: Hard-Line
Korean economy is highly dependent on export and
it occupies more
60 percent on Korea’s GDP
▪ Finance product
▪ Contract between a bank and a company
▪ Derivative to avoid certain danger of
change under floating exchange rate system
The government has decided to link
the value to another currency or
to some valuable commodity like gold
Do not ch
Ⅱ. Exchange rate regime
1. What is the exchange rate?
In finance, the exchange rates between two currencies specifies how much one currency is worth in terms of the other. It is the value of a foreign nation’s currency in terms of the home nation’s currency. For example an exchange rate of 91 Japanese yen (JPY, ¥) to the United States dollar (USD, $) means that 91 yen is worth the
Ⅰ. Introduction
1. Purpose of Research
The following are the main purposes of this research: analyzing the event of North Korea Collapse and the following scenarios which were assumed by scholars, suggesting different diplomatic strategy and relations of foreign countries and counter-plan of government of South Korea, and finding the role of U.N. in the event of North Korea Collapse and i
regime collapsed. Under the authoritarian rule, many civilian leaders cooperated to fight for democracy against the military dictatorship. However, once democracy was achieved each opposition leader created their own party in order to prepare for the upcoming presidential elections. Two rival politicians at the time were Kyongsang province based Kim Young Sam and Cholla province based Kim Dae-Jun