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Edward Irving (1792-1834) has been known as a controversial pastor-theologian in nineteenth-century Britain, particularly given his belief that Christ took on sinful flesh in His incarnation. This book focuses on Irving’s teaching of the church as the body of Christ in the power of the Holy Spirit and the eschatological community in holiness. It explores Irving’s emphasis upon the exalted humanity of Christ after His resurrection in relation to the church. Such a Christ-centred and Spirit-empowered concept of the church has relevance to the twenty-first century church in China as the Chinese church leaders attempt to reconstruct a contemporary theology of the church.
For many years up until 1997, Korea was widely seen in economic and financial circles as something of a miracle. The financial crisis that Korea experienced then did much to set its economy back, but by 2001 it was still the 13th largest economy in terms of GDP in the world. This enticing collection, with contributions from experts with an impressive knowledge of Korea and its economy, charts not only the well documented causes of the crisis, but more importantly, its response and recovery from it. With an admirable scholarly rigour, the book covers such topics as: *the origin and evolution of the Korean economic system and its special factors including chaebols *Korean industries since the crisis *What happened to the money after the capital flight of the crisis and did the USA benefit? "The Korean Economy at the" "Crossroads" is intended and recommended not only for students and academics involved in international finance, economics and Asian studies, but also for the business leaders and policy makers who can draw lessons from the books important analyses.
Edited by David T. Coe and Se-Jik Kim, this volume contains papers presented at a May 2001 conference in Seoul sponsored by the IMF and the Korea Institute for International Economic Policy on the Korean Crisis and Recovery. The papers examine the response to the 1997 crisis, its long-term impact on growth, and the state of financial and corporate sector reforms. Authors include academics, Korean policymakers, and IMF and World Bank staff involved in the Korean program.
This book, first published in 2006, offers an explanation of the development paths of post-World War II Korea and Taiwan.
In The Doctrine of the Incarnation Opened, an abridgement of Edward Irving's (1792-1834) sermons, readers have fresh access to and insightful comment on Irving's distinctive views regarding the person of Jesus Christ. The book follows the sermons in a logical progression: the goal and method of the incarnation, the events of the incarnate life and the death of Christ, and the effects of the incarnation. For Irving, God the Son's assumption of a fallen human nature was of the upmost importance, and garnered most attention. This view also dominates Irving's soteriology, according to which the incarnate Son takes over the human will, reforming the very origin of sin, and offers obedience to the Father as a sacrifice of praise. Irving's radical Christological thought informed the thinking of notable theologians such as John McLeod Campbell, Thomas F. Torrance, and Karl Barth. With an introduction by G. McFarlane and a critical response by J.D. Cameron, The Doctrine of the Incarnation Opened provides an accessible format to engage with Irving's influential thoughts and ideas.
Recent crises in emerging markets have highlighted the role of the corporate sector in transmitting financial shocks to the macroeconomy. This paper takes stock of the performance of the Thai corporate sector in emerging from the Asian crisis, and discusses remaining challenges and vulnerabilities. Econometric evidence is presented on the impact of excess leverage on performance. Debt levels, though high, have fallen from post-crisis peaks, while returns and corporate cash flows have stabilized. However, the aggregate picture masks significant firm-level variation, which is analyzed by examining estimated distributions for various indicators across firms.
Over the last twenty-five years, there has been an acceleration in the move from government regulation towards privatization. Governance, Regulation, and Privatization in the Asia-Pacific Region is the first thoroughgoing account of the relative success of the different approaches to privatization as undertaken in Korea, China, Australia, and Japan. In most contexts, privatization is expected to yield greater efficiency and cost effectiveness while avoiding the corruption and bloated budgets of government regulation or monopoly control. But broad-scale privatization, if ill designed, has also yielded its share of difficulties in East Asia. Privatization sometimes has created a vacuum in corp...
The volume of capital flows between industrial and developing countries has grown dramatically in the past decade and has become a major issue in a world that is increasingly "globalized." Here Takatoshi Ito and Anne O. Krueger, two leading experts on this topic, have assembled a group of scholars who address different types of capital flows—bank lending, bonds, direct foreign investment—and the implications they hold for economic performance. With its particular focus on the Asian financial crises, this work presents a new model for policy makers everywhere in thinking about the role of private capital flows.