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 from an underdeveloped country in the 1960s to an upper mid-level developing country in the 1990s. It is well known that foreign debt and the government's active economic policy played an important role in her economic growth. Korea's successful pursuit of an
I. Introduction of currency wars
War using the exchange rate policy has been sustainable like Europe’s exchange rate policy in the early 20th century and Japan’s exchange rate policy after World War II. Recently, Economic purposes such as restoring slowdown of economy due to financial crisis and recovery of trade deficit are combined with political purpose and retaliatory currency manipul
growthrate (annually) they have been actively investing in education and technology to maintain their growth. These efforts have been successfully going on and this is crucial for china’s future development as well. In addition, China is continuously catching up the United States’ economy which is a current hegemonic leader. In political sense, since beginning of an open economy, China has b
Ⅰ. Introduction
1. Presentation of the country
Denmark is the smallest in size and southernmost of the Nordic countries. It is also the oldest. Located north of its only land neighbour, Germany, southwest of Sweden, and south of Norway, it is located in northern Europe. From a cultural point of view, Denmark belongs to the family of Scandinavian countries although not located on the
Luiz Inácio Lula da Silva born 27 October 1945, known popularly as Lula, served as the 35th President of Brazil from 2003 to 2011.
A founding member of the Workers' Party (PT – Partido dos Trabalhadores), he ran for President three times unsuccessfully, first in the 1989 election. Lula achieved victory in the 2002 election, and was inaugurated as President on 1 January 2003. In the
Foreign debt 외채문제
환율전쟁(영문)
