of other commodities. The ratio of grain price in consumption expenditure is 65 % in developing countries, while only 10~20 % in developed countries. Moreover, high grain price causes social insecurity. For example, citizens came out and demonstrated against rising price of tortilla, which is staple food of Mexico, made from corn.
Korea is not an exception from this situation. Korean situation
the US. They have very strong brand names and are quite competitive. However they differ in their strategies, like the market segment each one targets, the role of technology in the business, the financial efficiency oftheir systems etc. The paper also analyses the benefits and demerits each chain faces as a result ofthe individual strategy they had adopted. They also analyzed the effect the re
the state's active intervention in the process of economic development. These East Asian countries were called "the developmental state"(henceforth DS). Japan and four East Asian dragons - Korea, Taiwan, Singapore, and Hong Kong - have achieved economic growth at an unprecedented pace mainly thanks to the successful performances ofthe DS. East Asian developmental states except for Japan excluded
2. Warrant & Option
2.1. General concept
2.1.1. Warrant In this report, we would refer to the details ofthewarrant in chapter 3, because thewarrant normally means the E.L.W. in Korea. Moreover, in fact, E.L.W. has a characteristic of option, So we mentioned thewarrant simply.
(1) What is theWarrant Contracts?
Warrant is a right that someone can buy a stock at a certain price
문화를 만들어내고 이는 결국 시장의 비효율성(시장실패, 역자 주)을 야기한다.
International Journal of Public
Sector Management, Vol. 10 No. 5,
1997, pp. 311-330. ?MCB
University Press, 0951-3558
This paper develops some ofthe concepts in EDI's working paper "The Role of a National
Integrity System in Fighting Corruption", The World Bank, 1997.
IJPSM