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In A Troubled Peace, Professor Chae-Jin Lee reviews the vicissitudes of U.S. policy toward South and North Korea since 1948 when rival regimes were installed on the Korean peninsula. He explains the continuously changing nature of U.S.-Korea relations by discussing the goals the United States has sought for Korea, the ways in which these goals have been articulated, and the methods used to implement them. Using a careful analysis of declassified diplomatic documents, primary materials in English, Korean, Japanese, and Chinese, and extensive interviews with American and Korean officials, Lee draws attention to a number of factors that have affected U.S. policy: the functions of U.S. security ...
This book examines how inter- and intra-party coalition-building affects governability in South Korea. Focusing on the Kim Dae-jung administration (1998-2003) as a case study in the failure of a government to turn electoral success into stable governability, or ability to implement reform policies, the book’s research draws on two bodies of literature which, though focusing on the same dependent variable (cabinet or government stability), have rarely been used in tandem: coalition research on parliamentary systems and studies of divided government in presidential systems. Youngmi Kim argues that a weak institutionalization of the ruling party and the party-system accounts for political ins...
South Korea is often cited as a case of miraculous transformation from poverty to prosperity. Korea’s achievement of moving from one of the world’s poorest countries as recently as the early 1960s to the ranks of the ten biggest economies only four decades later has rightly attracted interest from policymakers and scholars alike. This book identifies the factors that shaped relations between the state and big business in Korea, the ‘developmental alliance’. These factors offer a cogent framework in which to identify and predict changes in power relations between government and business. Rather than merely offering a means of explaining the rapid-growth phase of Korean development, th...
My book contains grammatical mistakes, and for that I am deeply sorry. This is the first book in a series, which is intented to examine the links between Shotokan Karate and the three teachings - Daoism, Confucianism and Buddhism. The book deals with Heian Shodan (aka Pinan Shodan) and the rest of Heian katas. We can learn a lot from the Chinese origins of Karate. Daoism (Taoism) in particular has been forgotten in modern times, as a tool for understanding Karate and improving it. There are very practical conclusions that we can come to, using Daoism. In order to achieve that, we must develop a deep understanding of the Heian katas using Chinese philosophy. The book explains how Yin and Yang...
This book explores the dynamics of Asian labour markets in a cross section of eight Asian economies including Japan, South Korea, Taiwan, Hong Kong, Singapore, China, India, Vietnam, Thailand and Indonesia. It considers how these markets have responded to globalisation, and assesses likely future trends and developments.
Providing a detailed account of the history of banking reform in Southeast Asia, this book analyzes the major developments in the global economic system over the past three decades, including the globalization of finance, the debt crisis of the 1980s and the 1997-1998 Asian financial crisis.
Singapore's phenomenal transformation from Third World to First World status has been of great interest to economists around the world yet there has been little quantitative research done on its economy and institutions. This innovative new research monograph fills the lacunae by presenting the Singapore economy through a macroeconometric model and laying the foundations for further research. Using formal econometric analysis and novel modelling techniques, Abeysinghe and Choy offer rare insights into how the Singapore economy works. Each of the major chapters discusses the implications of the empirical findings for current policy and an entire chapter has been devoted to macroeconomic policy simulations. This book is a unique introduction to the Singapore economy and would be of interest to econometric modellers and policy makers in Singapore as well as advanced undergraduates and graduate researchers interested in modelling small open economies.
Following the acquisition of its sovereignty from the Netherlands in 1949, Indonesia experienced serious economic and political problems during the 1950s and 1960s, before entering a three-decade-long period of rapid economic growth. Hard-hit by the financial crisis of the late 1990s, Indonesia undertook a wide range of economic and financial reforms. These reforms served to prepare it well for the 2007-08 global financial crisis, through which Indonesia passed relatively unscathed. Drawing on empirical research, this book presents a comprehensive empirical study on the key macroeconomic relations and monetary policy issues in Indonesia. The book analyses monetary, fiscal and exchange-rate p...
While South Asia’s economic reform initiatives of the last two decades were often born in crisis, this alone does not account for their occurrence. This book looks at the processes and institutional arrangements behind these reforms, and analyses what lessons can be learnt about how South Asia can improve its policy efficiency. The book develops ideas about how to overcome the political restraints to reform by drawing on recent theories of political economy and policy learning. It tests these ideas against authoritative case studies of actual reform initiatives in South Asia, which illustrate processes and institutional arrangements that have helped South Asian governments to sustain reform efforts, even in the absence of a strong political base. This offers valuable lessons for the global economy as it moves into a phase of rebalancing, with the structural adjustments that this will require. The book goes on to identify weaknesses that could be addressed by South Asian national governments and regional forums. It is an important contribution to studies on South Asian Politics and International Political Economy