economic condition and selects the appropriate exchange rate regime freely.
(Economic conditions: economic pie, trade volume, foreign dependency, scale of foreign loan, etc)
3. The system of classification of exchange rate system of IMF
• Exchange arrangement with no separate legal tender
12 countries of EU organize EMU and use a single currency.
Panama, Ecuador and some Latin Ame
dependence on imports and foreign assistance, and an economic embargo - were closely interlocked with Hanoi's foreign relations. Vietnam's military conflicts with Kampuchea and China(1978-1979) led to massive defense spending, which in turn deepened the country's fiscal deficit and thus contributed to the inflationary spiral.
이것은 그 화제에 주목하는 것보다 더 가치 있게 나
economy-high dependence on Foreign Capital.
Poor infrastructure-Electricity, Road, Communication.
High regional disparity.
Inefficiency on Administration and corruptions.
2. Strength
Abundant Natural resources
Abundant Labor
▫ Autocracy for 53 years
- colony for 340 years
- Autocracy by president Sukarno and Suharto since
independence on 1945
▫ Democ
4. More Literature Review before Testing our Hypothesis: “Crime and Poverty: Evidence from a Natural Experiment” and “Economic Inequality and the Rise in U.S. Imprisonment”
In previous section we set our hypothesis “Increasing Sin taxes on cigarettes in Korea will increase the number of crimes in Korea.” To explain the logic behind this relationship, we also have researched academic
.............
- 중국의 guided 시장으로의 변화
배경 : 전략상의 왜곡, 분배의 불합리, 낮은 생산 요소 생산,
발전의욕의 저하 등 국가 directive간섭의 과중.
사회주의는 자본주의에 기반한 고도의 상품경제 위에서 구축
(맑스의 가정)
내용 : 정부와 경제기업간의 관계변화 모색 즉 국가의 간섭범