2. Conventional Wisdom And The Crisis
Why it is that Fiscal policy is back in fashion.
1. One argument suggests that as Monetary and credit policy reached its limit policymakers had no other choice but to rely on fiscal policy more heavily.
2. The other argument is that as the recession across countries was expected to last long, fiscal stimulus would have enough time to yield beneficial i
Roh Moo Hyun period’s government
Increase in welfare and tried to distribute wealth
Pursued the welfare government based on Keynesian policy
Aimed at rational reform govt, integrated-nation govt, openness govt, and hopeful government
3 main state affairs’ goal: realization of democracy, construction of balanced society, and construction of North East Asian society with peace and prosp
spend whether there are wars or diseases or whatever. Tax cuts, equity wealth, and job market conditions also favor upper-income individuals, who are the primary luxury goods consumers.
- Declining of Exclusivity of Luxury Goods :
In an age of mass affluence with easy access to credit, luxury goods are becoming more affordable. Also, with a 50 percent rise in household income in the last 30
spend a great deal of time clarifying options and looking at costs. In examining possibilities for substitution, economists look at costs and benefits at the margin.
경제학자들은 그들의 개인주의적 접근방식 때문에, 사회적 문제들을 해결하기 위해 시장에 의지하는 경향이 있다. 문제를 분석하는데 있어서, 경제학자들은 선택할 수 있는
한국의 정보통신 인프라와 정보통신기술 ICT ; Information and Communication Technologies 은
1970년대에 매우 열악한 환경에 놓여 있었으며, 이에 정부 주도하 신속한 ICT 구축이 이루어 짐.
정보 인프라 분야의 효율성을 높이기 위해, 한국은 규제완화와 자유화, 정부소유 통신업체의 사유화를 통해 이 분야에