Recently, the Greek financial crisis is hot issue in global financial market. Actually, this crisis is not today's new topic but from 2008, the effect of global financial crisis has been going on ever since. Korea also has the problem about increasing national debt affected by this crisis, so this Greek issue was concerned about in this sense. The Greek financial crisis was controlled by Greek go
(1) Bubble increase of the housing industry.
Following is the background of Bubble increase of the housing market.
Easy Money Policy of FRB(Federal Reserve Board)
In the housing industry of USA formed mortgage-system, the interest-rate is the factor that decide market price and adjust the demand and supply of the housing market, and also is main channel of currency policy.
After 『dot-com
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
Of the factors which enabled Hanoi to enter the phase of comprehensive reforms, some have received much less coverage than others. Despite the wide array of publications about doi moi, relatively few scholars inquired into the possible influence of external factors - diplomacy, military policies, and foreign trade - on the economic decisions made by Vietnam's reform-oriented leaders. Vietnam's po
policies on product regulation, and freedom of movement of all the three factors of production (land, capital and labour) and of enterprise.
Economic and monetary union
An economic and monetary union is a single market with a common currency
Complete economic integration
Complete economic integration is the final stage of economic integration. After complete economic integration, the inte