3. Brief Introduction of Two major Schools: Realism and Neo-Liberalism
As the table shown above, realism and liberalism start from different viewpoints. As a result, two rational theories come to a distinct conclusion when it comes to judging international regimes. Even though their basic assumptions are going to largely coincide with each other during the academic neo-neo debate, views on inte
their currencies constant against one another. It is a system in which the fluctuation is fixed within a certain standard (-+1%)
1945. 10 The official won-dollar exchange rate was enacted to 15 won per dollar by U.S. authorities.
1948. 02 The dealing rate about 850 won per dollar was formed after the enforcement of the foreign exchange slip of deposit policy.
1948. 10 After the establishm
their media power in order to
increase their economic profits and political influence.
1997-1998 The Asian financial crisis
; It brings financial difficulties of media companies.
; Journalists in need regarded the spread of the Internet as a chance to get out of financial difficulties.
Media innovation toward citizen journalism
Who were the leading agents of the “new” democ
5-4 What are the potential costs of adopting a free trade regime? Do you think governments should do anything to reduce these costs? What?
▲ 기술수준 차이를 극복하는 비용
- 후진국의 입장에서 보면 어떤 산업에 비교 우위가 있다고 하자. 그러나 절대적인 기술 격차가 있어서 선진국의 기술 수준을 따라 잡지 못하는 현상이 있을
Chinese economy and currency regime
Chinese economy had been controlled by the central government under the planned economy regime until 1979 (Morrison, 2007). In other words, most economic conditions used to be decided by the state in accordance with its policy, not by the market forces. From 1979, however, China has been experiencing huge innovation in its economic system until the present tim