emerged as the hub of overseas Chinese capital, enhancing the network among them. The amount of money that Chinese corporate are holding in Hong Kong is known as around 1000 million dollar in forms of real estate, stock share, bank deposits, etc.
Since its return to China in 1997, politically, Hong Kong has been the special administrative region of People’s Republic of China, but economically
economies to discuss key issues in the global economy. The inaugural meeting ofthe G-20 took place in Berlin, on December 1516, 1999, hosted by German and Canadian finance ministers.
Mandate
The G-20 is an informal forum that promotes open and constructive discussion between industrial and emerging-market countries on key issues related to global economic stability. By contributing to the st
the global financial crisis, it was an extremely difficult situation. A sudden rise in exchange rates cause losses in exchange rate profits. However, recently, theeconomic status of Korea has been recovering slowly and has also shown possibilities to continue.
Thestabilization of such financial markets, aided the object-economy into stabilization as well. On the last quarter of2008 which reco
economy and make ourselves get enough knowledge providing quite exact information.
Ⅱ. About Federal Reserve System
1.The Structure ofthe Federal Reserve System
Congress created the Federal Reserve System on December 23, 1913, with the signing ofthe Federal Reserve Act by President Woodrow Wilson. The Fed is an unusual mixture of public and private elements.
1) The Board of Governor
economic growth at an unprecedented pace mainly thanks to the successful performances ofthe DS. East Asian developmental states except for Japan excluded civil society and trade unions from politics and economic planning, making them the authoritarian developmental state (henceforth ADS), at least until the 1980s.
In Korea, the developmental state emerged in earnest from the early 1960s, and co