Preliminary Material -- Theories of Financial Development and the Relevance of Korean Experience -- The Financial System: Size, Structure, and Patterns of Intermediation -- Korea's Regulated Financial Institutions -- The Unregulated Financial Institutions and Markets -- Interactions of the Regulated and Unregulated Financial Markets -- Policies to Influence Resource Allocation -- Policies to Influence Resource Mobilization: The Monetary Reform of 1965 -- Price-Stabilization Problems and Policies -- Financial Development and Economic Development -- Lessons from the Korean Experience -- Epilogue -- Farmers' and Fishermen's Usurious Debts Resettlement Order -- Summary of Principal Recommendations Made by Gurley, Patrick, and Shaw -- Readjustment of Curb-Market Borrowings -- Notes -- Bibliography -- Index -- Harvard East Asian Monographs.
Exchange rate policy has profound consequences for economic development, financial crises, and international political conflict. Some governments in the developing world maintain excessively weak and "undervalued" exchange rates, a policy that promotes export-led development but often heightens tensions with foreign governments. Many other developing countries "overvalue" their exchange rates, which increases consumers' purchasing power but often reduces economic growth. In Demanding Devaluation, David Steinberg argues that the demands of powerful interest groups often dictate government decisions about the level of the exchange rate.Combining rich qualitative case studies of China, Argentina, South Korea, Mexico, and Iran with cross-national statistical analyses, Steinberg reveals that exchange rate policy is heavily influenced by a country's domestic political arrangements. Interest group demands influence exchange rate policy, and national institutional structures shape whether interest groups lobby for an undervalued or an overvalued rate. A country's domestic political system helps determine whether it undervalues its exchange rate and experiences explosive economic growth or if it overvalues its exchange rate and sees its economy stagnate as a result.
This book explores an adventurous life of engagement in the challenges of economic development in a destitute China (1946-47), war-torn Korea (1951-52), divided Vietnam (1955-1957), and post-Sukarno Indonesia (1966-71). It also relates the author's subsequent experiences helping South Korea enter onto its high growth trajectory and Indonesia to modernize its financial system. Interspersed are vignettes of academic life at Deep Springs College, Cornell University, University of Michigan, Vanderbilt University and Harvard, and the challenges of working with the Navajo Nation to extract revenue and reduce pollution from exploitative coal-mining and power companies, as well as trying to devise an appropriate and viable approach to rural development for the remote, politically and culturally divided district of Abyei, on the border between North and South Sudan. Finally, it describes the author's efforts at preserving environmental and historical resources in Southeast Massachusetts. Throughout, the book recounts and acknowledges the important roles of teachers, colleagues, friends and family in enriching the author's fortunate life.
Only a few years after the discovery in Europe in the late 1850s that humanity had roots predating history and the Biblical chronicles, and reaching deep into the Pleistocene, came the suggestion that North American prehistory might be just as old. And why not? There seemed to be an "exact synchronism [of geological strata] between Europe and America," and so by extension there ought to be a "parallelism as to the antiquity of man." That triggered an eager search for traces of the people who may have occupied North America in the recesses of the Ice Age. "The Great Paleolithic War "is the history of the longstanding and bitter dispute in North America over whether people had arrived here in Ice Age times.
From the late nineteenth century to the eve of World War II, America's experts on Russia watched as Russia and the Soviet Union embarked on a course of rapid industrialization. Captivated by the idea of modernization, diplomats, journalists, and scholars across the political spectrum rationalized the enormous human cost of this path to progress. In a fascinating examination of this crucial era, David Engerman underscores the key role economic development played in America's understanding of Russia and explores its profound effects on U.S. policy. American intellectuals from George Kennan to Samuel Harper to Calvin Hoover understood Russian events in terms of national character. Many of them used stereotypes of Russian passivity, backwardness, and fatalism to explain the need for--and the costs of--Soviet economic development. These costs included devastating famines that left millions starving while the government still exported grain. This book is a stellar example of the new international history that seamlessly blends cultural and intellectual currents with policymaking and foreign relations. It offers valuable insights into the role of cultural differences and the shaping of economic policy for developing nations even today.
Understand and evaluate family violence programs for your community!Twenty years ago, the major issue in creating interventions to prevent domestic violence was persuading the courts, the funding agencies, and society that domestic violence was a serious problem worthy of time, trouble, and money. Now that the importance of domestic violence has been established, we need safe and effective ways to evaluate those interventions to see which ones are working and how they can be improved. Program Evaluation and Family Violence Research brings together some of the best minds in the field discussing such vital evaluation issues as policy implications, alternative designs for evaluation studies, and ethical concerns.This comprehensive book approaches the vexed question of evaluation with compassion as well as scientific rigor. Clearly, traditional double-blind studies and control groups are difficult to conduct when family violence is the subject; it is ethically indefensible to sit back and watch abusers hurt their mates or children when interventions are available. Yet finding usable methods of program evaluation is also essential. Program Evaluation and Family Violence Research confronts these questions and discusses practical ways to evaluate a variety of domestic violence programs.Program Evaluation and Family Violence Research draws on years of experience to address the difficult questions raised, including: going beyond evaluating program effectiveness to analyze why and how interventions help change behavior creating new research designs to adapt to the unique concerns of the family violence field using meta-analysis for program evaluation research determining the interaction between research and program results identifying barriers between community activists and social scientists that may impede researchProgram Evaluation and Family Violence Research offers fresh and creative ways to do program evaluations, guarantee subjects’physical and emotional safety, and make good science humane.
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