When the south Korean economy experienced the first oil shock in early 1970s,there had been preliminary discussions whether there was need for an unemployment insurance system. In the latter half the 1970s, south korea’s economic structure was transformed from an agricultural to an industrial economy.the labour market in consequence went through major changes and the excess supply of labour was
1. 신경제(New Economy)에 대해 논하시오.
신경제(New Economy)란 미국이 1991년부터 2000년까지 지속적 호황국면을 맞이하면서 등장한 개념으로서 낮은 인플레이션 속에 최장기의 고도성장을 달성한 것 <고성장-저물가 현상>을 말한다.
90년대 들어와서 미국경제는 컴퓨터 기술의 비약적 발전으로 임금상승률보
Russian economy. He overthrew a radical economic reform, focusing on restructuring Russia’s economic system-from the world’s largest command economy into a free-market one. His reform can be explained by three key principles: fiscal austerity, privatization, and liberalization of its economy. It was carried out through the entire sphere of Russia, with particular emphasis on five aspects:
economic idea was combined with the industrial revolution, as a result, the principle of laissez-faire capitalism was founded. In this political system, having private property and business in market were allowed. Otherwise, country had only responsibility of Nachtwachterstaat. Especially, business in market was based on ‘invisible hand’ of Adam Smith.
Until now, Adam Smith's 'invisible han
Public Policies in Europe
Market liberalism vs. Social democracy
Market Liberalism
In the United States, Market liberalism depicts a political ideology, combining free market economy with personal liberty and human rights, supports a more mixed economy with state produced public services. It opposes both equalitarianism and ecumenical familism. Market liberalism