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Global Liquidity through the Lens of Monetary Aggregates
This paper examines how the financial activities of non-financial corporates (NFCs) in international markets potentially affects domestic monetary aggregates and financial conditions. Monetary aggregates reflect, in part, the activities of NFCs, who channel capital market financing into the domestic banking system, thereby influencing funding conditions and credit availability. Periods of capital inflows are also those when the domestic currency is appreciating, and such periods of rapid exchange rate appreciation coincide with increases in the central bank’s foreign exchange reserves, increasing the stock of narrow money. The paper examines economic significance of cross-country panel data on monetary aggregates and other measures of non-core bank liabilities. Non-core liabilities that reflect the activities of NFCs reflect broad credit conditions and predict global trade and growth.
Kim Jong-un's Strategy for Survival
In Kim Jong-un’s Strategy for Survival, David W. Shin contends that Kim Jong-un's consolidation of power at home and the leveraging of Beijing, Moscow, Seoul, and Washington, and others abroad show that he is not a madman and, like the two earlier Kims, has consistently been underestimated. Shin presents an alternative framework for Kim Jong-un’s behavior through his analysis of Kim's background and his development as the successor to his father, Kim Jong-il; the evolution of the totalitarian system Kim inherited from his grandfather, Kim Il-sung; and the security environment after Kim Jong-il’s death in 2011. This book is recommended for scholars and students of political science, Asian studies, international relations, and history.
Understanding Kim Jong-un's North Korea
This ambitious book is constructed to provide the reader with unusually broad and deep insight into North Korea, illustrating how the Kim Jong-un regime calculates, balances, and addresses the various key policy challenges it faces. This will be accomplished through the extensive experience of the authors—Korean, European, and American—in North Korea and with North Koreans. There is no substitute for such direct experience in order to address the numerous myths and misconceptions that have grown up and persisted over the years about how the North functions, and how it perceives the world. Moreover, the usual focus on a single issue—for example, just nuclear or just economic matters—fails to provide a sense of how important the inter-relationship of these separate parts is in understanding the whole. The experience brought to bear in the book and the breadth of coverage provides badly needed, critical insights about North Korea at time when policy in Seoul and Washington toward the North is at a crucial hinge point.
North Korea, 2009-2012
North Korea continues to be a country of great concern internationally, where future developments are uncertain, especially as a result of the succession to the leadership of Kim Jong-un following the death of Kim Jong-il. It is also a country which is relatively unknown and relatively little studied. This book provides a comprehensive, detailed survey of economic and political developments in the last few years. As such it provides many insights into the current trends which are likely to shape the country’s future direction.
A Cross Section of Nursing Research
• The 39 research articles in this collection illustrate a wide variety of models for both quantitative and qualitative nursing research. •The lines in each article are sequentially numbered, which facilitates classroom discussions by allowing professors and students to pinpoint specific parts of an article. •The articles have been carefully selected for use with students who are just beginning their study of research methods. The difficulty level will challenge but not overwhelm. •Factual Questions at the end of each article draw students’ attention to methodologically important points. •Questions for Discussion request students’ opinions on unique aspects of each article. •...
Aromatic and Medicinal Plants of Drylands and Deserts
The description and analysis of the Mexican and other countries desertic plants from the point of view of their use in traditional medicine and their potential use in integrative medicine is the overall theme of this book. Aromatic and Medicinal Plants of Drylands and Deserts: Ecology, Ethnobiology and Potential Uses describes the historic use of drylands plants, botanical and geological classification, also describes the endemic plants used in traditional medicine, going through the most relevant aspects of biomedicine and integrative medicine. The chemical and bioactive compounds from desertic medicinal and aromatic plants and the analytic techniques to determine chemical and bioactive com...
