Korean Economic Crisis
problems with format
The Korean economy did an important role in the remarkable economic growth, which was so called ¡°East Asia¡¯s miracle¡±. At the end of 1997, however, the Korean economy fell into a crisis of default and finally received IMF¡¯s relief aid. After that, Korea has been struggling not only to reform its monetary system but also to promote drastic reforms in its economic structure in order to improve the productivity of the Korean industry.
Given this context, understanding what truly caused the Korean economic crisis is very important. Without identifying and remedying the fundamental problems, nobody can be sure that Korea will not have the similar kind of economic crisis never again. So, we need to identify what caused the crisis in 1997 and what the Korean government has to do. Therefore, this paper will examine the root cause of Korea's economic crisis in 1997 and present solutions for the stable growth of the Korean economy in the future.
2. Causes of the Korean economic crisis
On November 21, 1997, the Korean government formally asked the International Monetary Fund for stand-by loans. With this request, the Korean government admitted its inability to meet international debt payments with its own means.
The followings are three popular views about the cause of the Korean economic crisis in 1997(Cho, 1999): First, the currency crisis in Southeast Asian countries mainly Thailand and Indonesia in the summer of 1997 made Korea vulnerable to the attacks of currency speculators. So, the currency speculators turned their attention to Korea after having devoured the Southeast Asian countries. Second, the root cause of the...
... middle of paper ...
...1998.
Press Release IV. ¡°Economic Crisis and Restructuring in Korea,¡± International Conference, Dec.3, 1999, Seoul, Korea .(http://www.idep.org/conference12/default_eng.htm)
Underwood, Peter(1998), Korea¡¯s Current Economic Crisis, Industrial Research & Consulting, Affiliate of Fry Consultants Atlanta, (http://www.fryconsultants.com/new.html)
Yang , Woo Jin(2002), ¡°Roots of the Economic Crisis in Post-Democratization Korea¡±. By Eileen Sir, UCLA International Institute, (http://www.isop.ucla.edu/research.asp)
http://www.nira.go.jp/newse/research/a151.html
http://www.res.org.uk/media/annconf99/demet.htm
http://www-hoover.stanford.edu/homepage/Books/koreareform.html
http://www.hankooki.com/kt_op/200011/t20001129171159481174.htm
http://www.nira.go.jp/newse/research/a151.html
http://www.hartford-hwp.com/archives/55a/index-g.html
The term sex offender is generically used to describe someone who has been convicted of crimes involving sex, and these crimes include rape, molestation, sexual harassment, and pornography production and distribution. A sexual offender usually differs from a sexual predator because sexual predators usually seek to obtain sexual contact with another person in a methodically “predatory” manner. There are also pedophiles, and they are a categorically distinct form of sexual offenders, as their crimes are geared toward children. Also, they are considered to be sexual deviants. Pedophilia itself is defined as “a sexual perversion in which children are the preferred sexual object.” There has been many cases in the news about pedophiles and pedophilia. In Canada, there was Cecilia Zhang, who was kidnapped and murdered by Min Chen, a Chinese national who was in the country as a student. More recently, in the United States, Ariel Castro was convicted of kidnapping and raping three young girls; Georgina “Gina” DeJesus, Amanda Berry, and Michelle Knight. How can we explain pedophilic tendencies? Are pedophiles born that way or are they conditioned to be that way? There is no definite answer, but there are arguments to support both sides of this statement. This essay seeks to demonstrate that there are both biological and environmental factors that can influence a pedophile’s behaviour, and there are various ways in which they are assessed and treated.
Leonhard Euler was born in Basel, Switzerland as the first born child of Paul Euler and Marguerite Brucker on April 15, 1707. Euler’s formal education started in Basel where he was sent to live with his maternal grandmother on his father’s orders. Euler's father wanted his son to follow him in working for the church and sent him to the University of Basel to prepare him in becoming a pastor. He entered the University in 1720 to gain general knowledge before moving on to more advanced studies. Euler’s pastime was used for studying theology, Greek, and Hebrew in order to become a pastor like his father. During that time at the age of thirteen Euler started gaining his masters in Philosophy at the University of Basel, and in 1723 he achieved his master degree. On his weekends, Euler was learning from Bernoulli in several subjects because Bernoulli noticed that Euler was very intelligent in all types of mathematics and it also helped that Euler’s father was a friend of the Bernoulli Family, at the time Johann Bernoulli was Europe’s best mathematician. Bernoulli would later become one of ...
The birth rate among teens in the United States has declined 9% from 2009 to 2010, a historic low among all racial and ethnic groups, with the least being born in 2010; and in 2011 the number of babies born to adolescents aged 15-19 years of age was 329,797 (“Birth Rates for U.S.”, 2012). Although the decline in unwanted and unplanned teen births is on the rise the United States continues to be among the highest of industrialized countries facing this problem. This is a prevailing social concern because of the health risks to these young mothers as well as their babies. Teens at higher risk of becoming pregnant are raised at or below the poverty level by single parents; live in environments that cause high levels of stress (i.e., divorce, sexual psychological and physical abuse); are influenced by peers or family members that are sexually active; and lack parental guidance that would direct them to be responsible and self-controlled.
New York Times, p. 1. http://www.nytimes.com/2009/09/09/business/economy/09leonhardt.html?_r=1 Lipman, Marc. A. A. Personal Interview. March 21, 2010. Marano, Hara E. (2004).
It has been said that teens across the world have not been receiving enough sex education. This has led to many issues with teens becoming pregnant, which most of the time is unanticipated. Teenage pregnancy has been a social problem throughout the world for a number of decades now. Many studies have been completed in several countries that pertain to the amount of teens and the types of teens who are becoming pregnant. Rates among teens had been declining for some time, but are starting to take a turn and increase. This is still a significant social problem, though some people do not perceive it like it is.
Leonhard Euler was a Swiss mathematician born on April 15, 1707 in Basel, Switzerland. His parents were Paul Euler and Marguerite Brucker. Euler had two sisters,named Anna Maria and Maria Magdalena, and he was raised in a religious family and would be a faithful calvinist for the rest of his life because of his father being a priest of the Reformed Church and his mother being raised by a dad who was a pastor. Soon after Leonhard Euler was born, his parents moved from Basel to Riehen. His early education started when he began living with his grandmother were he would learn from a poor school that did not have a way of teaching advanced math. He was enrolled in the University of Basel by age
Pedophilia is a sexual preference for children. There are several laws that prevent adults from having sexual relations with minors, but this of course does not stop these crimes from being committed. Sex offenders and pedophiles believe that they are in love with the children that they have sexual relations with. They claim that they can help children discover their sexuality. There is even a group to defend the rights of pedophiles called NAMBLA, The North American Man/Boy Love Association. NAMBLA was founded in 1978 by David Thorstad, they are headquartered in New York CIty and San Francisco. Persons convicted of the production of child pornography are given a minimum of 15 years. Section 3559 (e) states that persons convicted of a second certain sex offense will be imprisoned for life. Because the victims of these crimes are left traumatized and often are unable to continue to lead normal lives pedophiles should be in prison for life before they can become a repeat offender.
Withnall, Adam. "North Korea Elections." The Independent. Independent Digital News and Media, n.d. Web. 15 May 2014.
The past two decades have shown a decline in adolescent pregnancy but today, the United States continues to hold the number one position for highest adolescent pregnancy rates among developed countries.1 Research has found that about two in every five teenage girls become pregnant before the age of twenty years old.2 The recurrence of early childhood bearing now reaches up to 900,000 pregnancies each year in the United States.1 The various factors associated with high prevalence of teenage motherhood can be seen among communities affected by low socioeconomic status, a lack of education, and more interestingly, a new found correlation between the history of intergenerational, teenage childhood bearing with the family.2 Communities facing these problems continue to sustain such high statistical values for teenage pregnancy and have created a vicious cycle which is then adopted by following generations. Adolescent pregnancy not only creates a toll on the family, but also has adverse health effects on the child and society.
The rise of the teen pregnancy rate has caused us to question the effectiveness of the prevention programs that are offered to adolescents. There have been several programs focused on preventing teen pregnancy from abstinence-only to more comprehensive sexual education programs. Abstinent-only advocates believe that abstaining from having intercourse is the only way to prevent unwanted teen pregnancy. While practicing abstinence is the only 100% secure method of reducing this rate, it is not a logical view. Adolescents will continue to have sexual behavior, and it is important in teaching them more precise education when it comes to sex education. With-holding important information and facts about sexual behavior can change an adolescents’ life forever. Whether it be from teen pregnancy or from a life threatening STD.
This paper provides an overview of the crisis, outlines the major causes of the crisis, examine alternative solutions to the problem
Leonhard Euler was easily the best mathematician of the eighteenth century. His contributions to mathematics ranges from common notation to proving the hypothesis of Newton and Leibnitz. His discoveries cannot be limited to just one field of interest, nor just the field of mathematics. He made great strides in geometry, infinitesimal calculus, trigonometry, algebra, and number theory, as well as continuum physics, lunar theory and other areas of physics. He is also one of the most well written mathematicians whose works could be contained in 60–80 quarto volumes. Probably the most extraordinary fact about him is that the majority of the work he did was in the last twenty years of his life, when he was completely blind. Euler is arguably one of the greatest mathematicians who ever lived.
Warwick J. McKibbin, and Andrew Stoeckel. “The Global Financial Crisis: Causes and Consequences.” Lowy Institute for International Policy 2.09 (2009): 1. PDF file.
Approximately one million teens get pregnant and give birth every year in the United States. Eighty percent of those births are to unmarried teens (ProQuest). There are serious consequences for teen pregnancy for the child as well as for the mother. The opportunity to a bright future dwindles down with such a high responsibility; a child. Many teens who end up pregnant do not finish high school and are less likely even consider going to college. Another effect of teen pregnancy is that both mother and child become apt to health issues. Infants are more likely to suffer from low birth weight and other health problems. Most teens do not have health insurance therefore it becomes harder to provide adequate healthcare for themselves and their babies. Not only are children of teen parents more likely to be unhealthy physically but sometimes emotionally as well. A teen cannot provide the fostering environment that a baby needs to develop. Although teen pregnancy rates declined throughout the 1990s, a 3 percent jump in births to teen mothers between 2005 and 2006 raised alarm that sex education programs and campaigns to reduce teen motherhood were failing (ProQuest). Various methods of contraceptives and the righteous yet difficult choice of abstinence are among possible solutions Preventing teen pregnancy is an issue in the United States of utmost importance and society as a whole must convince teens in a more innovative , extreme way and they must push forward now.
One of the United States’ current social problems and most discussed “hot topics” is adolescent pregnancy, otherwise known as teenage pregnancy. The majorities of teenage pregnancies are unplanned and lead to serious consequences for the parents and even possibly the child. It is important that today’s teens are well aware of the repercussions of teenage pregnancy because it is a very serious matter that can eventually lead to lifelong consequences. Even though teenage pregnancies have decreased in the past years, it is still a very prevalent issue in the United States and contributes to other current social problems such as poverty and poor education. The current cycle starts with teenage pregnancy and then leads to poor education, which leads to not many job opportunities, which leads to poverty, which can then lead to many other issues of the family like abuse and mental issues. Teenage pregnancy is so important that it is even considered one of the top six priorities of the Centers for Disease Control and Prevention (Centers for Disease Control and Prevention 2012). Through the studies of risk factors and data regarding teenage pregnancy, trends arise that exemplify social issues and problems that can subsequently be dealt with by various methods presented by health professionals.