Rising To The Challenge In Asia Republic Of Korea


Rising To The Challenge In Asia Republic Of Korea
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Rising To The Challenge In Asia Republic Of Korea


Rising To The Challenge In Asia Republic Of Korea
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Author : Asian Development Bank
language : en
Publisher:
Release Date : 1999

Rising To The Challenge In Asia Republic Of Korea written by Asian Development Bank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Asia categories.




East Asia S Dynamic Development Model And The Republic Of Korea S Experiences


East Asia S Dynamic Development Model And The Republic Of Korea S Experiences
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Author : Ho-Chul Lee
language : en
Publisher:
Release Date : 2016

East Asia S Dynamic Development Model And The Republic Of Korea S Experiences written by Ho-Chul Lee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.


No region has been more dynamic in recent years than East Asia. Despite its successful economic development, evaluations of the East Asian development model have often been capricious, shifting from quot;miraclequot; to quot;cronyism.quot; How can we explain East Asia's ups and downs consistently? To respond to this challenge, it is necessary to study the progress of East Asian development and to trace the influence of Asian cultural values. This study mainly focuses on cultural aspects of economic progress and analyzes East Asia's philosophical and historical backgrounds to explain the dynamic process.East Asians believe that balance between opposite but complementary forces, Yin and Yang, will ensure social stability and progress. Through repeated rebalancing to maintain harmony, the society comes to maturity. In traditional East Asian societies, a balance was maintained between Confucianism (Yang) and Taoism, Buddhism, and other philosophies (Yin). In modern societies, the challenge is to balance traditional systems (Yang) and Western style capitalism (Yin).This East Asian development model explains the Republic of Korea's rise, fall, and recovery. Korea was a poor country until the early 1960s, during the time when spiritualism (Yang) dominated. From the 1960s through the 1980s, Korea achieved rapid growth by finding a new balance and moving toward materialism (Yin) from spiritualism (Yang). But the failure to maintain a harmonious balance between cooperatism and collectivism (Yang) and individualism (Yin) led to major weaknesses in labor and financial markets that contributed significantly to the financial crisis in 1997. As Korea arrived at a new balance by instituting reform programs, the venture-oriented information and communication technology (ICT) industry blossomed and led to a rapid economic recovery. Since 2000, domestic financial scandals and political corruption have emerged as new social issues. Korea's next challenge is to find a new harmonization between moralism (Yang) and legalism (Yin).This paper - a product of the Office of the Senior Vice President and Chief Economist, Development Economics - is part of a larger effort in the Bank to examine institutional and cultural foundations of development across regions and countries.



Rising To The Challenge


Rising To The Challenge
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Author : Avery Goldstein
language : en
Publisher: NUS Press
Release Date : 2008

Rising To The Challenge written by Avery Goldstein and has been published by NUS Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Political Science categories.


Chinas increasing economic and military capabilities have attracted much attention in recent years. How should the world, especially the United States, respond to this emerging great power? A sensible response requires not only figuring out the speed and extent of Chinas rise, but also answering a question that has received much less attention: What is Chinas grand strategy?



Rising To The Challenge In Asia People S Republic Of China


Rising To The Challenge In Asia People S Republic Of China
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Author : Asian Development Bank
language : en
Publisher:
Release Date : 1999

Rising To The Challenge In Asia People S Republic Of China written by Asian Development Bank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Asia categories.




Korea In The New Asia


Korea In The New Asia
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Author :
language : en
Publisher: Routledge
Release Date :

Korea In The New Asia written by and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




East Asia S Dynamic Development Model And Teh Republic Of Korea S Experiences


East Asia S Dynamic Development Model And Teh Republic Of Korea S Experiences
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Author : Ho-chʻŏl Yi
language : en
Publisher: World Bank Publications
Release Date : 2003

East Asia S Dynamic Development Model And Teh Republic Of Korea S Experiences written by Ho-chʻŏl Yi and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with East Asia categories.


No region has been more dynamic in recent years than East Asia. Despite its successful economic development, evaluations of the East Asian development model have often been capricious, shifting from "miracle" to "cronyism." How can we explain East Asia's ups and downs consistently? To respond to this challenge, it is necessary to study the progress of East Asian development and to trace the influence of Asian cultural values. This study mainly focuses on cultural aspects of economic progress and analyzes East Asia's philosophical and historical backgrounds to explain the dynamic process. East Asians believe that balance between opposite but complementary forces, Yin and Yang, will ensure social stability and progress. Through repeated rebalancing to maintain harmony, the society comes to maturity. In traditional East Asian societies, a balance was maintained between Confucianism (Yang) and Taoism, Buddhism, and other philosophies (Yin). In modern societies, the challenge is to balance traditional systems (Yang) and Western style capitalism (Yin). This East Asian development model explains the Republic of Korea's rise, fall, and recovery. Korea was a poor country until the early 1960s, during the time when spiritualism (Yang) dominated. From the 1960s through the 1980s, Korea achieved rapid growth by finding a new balance and moving toward materialism (Yin) from spiritualism (Yang). But the failure to maintain a harmonious balance between cooperatism and collectivism (Yang) and individualism (Yin) led to major weaknesses in labor and financial markets that contributed significantly to the financial crisis in 1997. As Korea arrived at a new balance by instituting reform programs, the venture-oriented information and communication technology (ICT) industry blossomed and led to a rapid economic recovery. Since 2000, domestic financial scandals and political corruption have emerged as new social issues. Korea's next challenge is to find a new harmonization between moralism (Yang) and legalism (Yin). This paper-a product of the Office of the Senior Vice President and Chief Economist, Development Economics-is part of a larger effort in the Bank to examine institutional and cultural foundations of development across regions and countries.



Korea S New Challenges And Kim Young Sam


Korea S New Challenges And Kim Young Sam
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Author : Christopher J. Sigur
language : en
Publisher:
Release Date : 1993

Korea S New Challenges And Kim Young Sam written by Christopher J. Sigur and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Political Science categories.




The Rise Of China And India


The Rise Of China And India
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Author :
language : en
Publisher:
Release Date :

The Rise Of China And India written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




The Rise Of China And India


The Rise Of China And India
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Author : Peng Er Lam
language : en
Publisher: World Scientific
Release Date : 2009

The Rise Of China And India written by Peng Er Lam and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business & Economics categories.


The most remarkable phenomenon in Asia in the 21st century is arguably the economic rise of China and India. Amazingly, the two most populous countries in the world are uplifting millions of their citizens annually from poverty through rapid economic growth. What is the impact on the region, given the ascendance of China and India? There are at least two possible outcomes: the rise of the two great Asian powers may challenge the US and instill fear among the smaller countries in Asia, or, China and India will act as new economic dynamos that will benefit the region even if US economic presence in the region is to decline in the future. This book explores the opportunities and obstacles to a OC harmoniousOCO region underpinned by the rise of China and India."



Economic And Social Survey Of Asia And The Pacific 2016


Economic And Social Survey Of Asia And The Pacific 2016
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Author : United Nations Economic and Social Commission for Asia and the Pacific
language : en
Publisher: United Nations
Release Date : 2016-06-29

Economic And Social Survey Of Asia And The Pacific 2016 written by United Nations Economic and Social Commission for Asia and the Pacific and has been published by United Nations this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-29 with Political Science categories.


The Survey 2016 assesses the region’s outlook as it navigates through global uncertainties, providing policy options and strategies to support countries in striving towards achieving the Sustainable Development Goals. The report analyses a wide range of areas including economic growth, inflation, trade and investment, financial markets, inequality, employment, and environmental concerns. The special theme of Survey 2016 highlights how both economic growth and productivity growth have declined in the aftermath of the 2008 economic and financial crisis in the Asia-Pacific region. In doing so, the report examines underlying trends of productivity growth and argues that the 2030 Agenda for sustainable development provides an entry point to strengthen productivity as investing in the SDGs can foster productivity growth, thereby creating a virtuous cycle between sustainable development, productivity and development.