{"title":"Marcus Noland","description":null,"products":[{"product_id":"economic-integration-of-the-korean-peninsula-book-marcus-noland-9780881322552","title":"Economic Integration of the Korean Peninsula","description":"The North Korean economy cannot sustain its population. Absent fundamental economic reforms, it will never be able to do so. Hence North Korea will require sizable external support for the foreseeable future. South Korea, China, Japan, and the United States have been willing to provide this support because they fear a collapse in the North or, even worse, a lashing out that would unleash war on the peninsula and put millions of people in Asia in jeopardy--including thousands of US troops stationed in South Korea and Japan. The status quo is thus closer to extortion than charity. In this volume, a diverse group of contributors analyze prospective developments on the Korean peninsula. The authors first address the three broad strategic possibilities of war, collapse, and gradual adjustment. Four immediate policy issues are then considered: the current economic conditions and policies in the North, the food crisis, the nuclear energy\/nuclear weapons issue, and the possibility of large-scale refugee flows. Finally, the volume considers several longer-run issues concerning the inevitable integration of the peninsula: the potential relevance of the German experience, the costs and benefits of economic unification between North and South Korea, and the possible role of the international financial institutions in funding the new arrangement. The volume concludes with recommendations for policymakers, especially in the United States and South Korea, from the preceding analyses.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49625377308945,"sku":"GOR012187732","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0881322555.jpg?v=1750788034"},{"product_id":"global-economic-effects-of-the-asian-currency-devaluations-book-marcus-noland-9780881322606","title":"Global Economic Effects of the Asian Currency Devaluations","description":"The Asian financial crisis has precipitated significant changes in real exchange rates in the region that will substantially alter the volume and pattern of international trade. The crisis countries will increase their exports and, especially, reduce their imports. Japan, China, and the other non-crisis countries will experience more complex changes. The trade balances of the United States and Western Europe will deteriorate by about $40-50 billion as a result of the currency movements in Asia.\u003cbr\u003e \u003cbr\u003e This study, newly updated in August 1999, quantifies the impact of the currency changes on the individual countries in Asia, on the United States, on Europe and on other regions on a sector-by-sector basis. It analyzes the additional impact that might occur if China, thus far a relative bystander in the crisis, were to devalue its currency as well. It then examines potential trade policy responses to these developments including the risk of an upsurge in protectionist pressure in the United States.","brand":"WoB","offers":[{"title":"US \/ GOOD \/ SBYB","offer_id":49801268789521,"sku":"CIN0881322601G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0881322601.jpg?v=1750819092"},{"product_id":"avoiding-the-apocalypse-the-future-of-the-two-koreas-book-marcus-noland-9780881322781","title":"Avoiding the Apocalypse - The Future of the Two Koreas","description":"On the Korean peninsula one of the greatest success stories of the postwar era confronts a famine-ridden--and possibly nuclear-armed--totalitarian state. The stakes are extraordinarily high for both North and South Korea and for countries such as the United States that have a direct stake in these affairs. This study, the most comprehensive volume to date on the subject, examines the current situation in the two Koreas in terms of three major crises: the nuclear confrontation between the United States and North Korea, the North Korean famine, and the South Korean financial crisis. The future of the peninsula is then explored under three alternative scenarios: successful reform in North Korea, collapse and absorption (as happened in Germany), and muddling through in which North Korea, supported by foreign powers, makes ad hoc, regime-preserving reforms that fall short of fundamental transformation.","brand":"WoB","offers":[{"title":"US \/ GOOD \/ SBYB","offer_id":49939349799185,"sku":"CIN0881322784G","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ GARDNERS","offer_id":51803232502033,"sku":"NGR9780881322781","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0881322784.jpg?v=1750980758"},{"product_id":"industrial-policy-in-an-era-of-globalization-lessons-from-asia-book-marcus-noland-9780881323504","title":"Industrial Policy in an Era of Globalization - Lessons from Asia","description":"Globalization reigns supreme as a description of recent economic transformation--and it carries many meanings. In the policy realm, the orthodox terms of engagement have been enshrined in the Washington consensus. But disappointing results in Latin America and transitional economies--plus the Asian financial crisis--have shaken the faith in Washington and elsewhere. One response has been to hark back to the more statist policies that the consensus marginalized. In this regard, Japan, Korea, and Taiwan are promoted as the poster nations that have derived great benefits from increasing integration with the international economy, without surrendering national autonomy in the economic or cultural spheres, effectively beating the West at its own game. The fundamental questions addressed in this monograph are whether industrial policy was indeed a major source of growth in these three economies, and if so, can it be replicated under current institutional arrangements, and if so, is it worth replicating, or, would developing countries today be better off embracing the suitably refined orthodoxy?","brand":"WoB","offers":[{"title":"US \/ GOOD \/ SBYB","offer_id":50372208591121,"sku":"CIN0881323500G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0881323500.jpg?v=1750788036"},{"product_id":"new-protectionists-book-marcus-noland-9780255364676","title":"The New Protectionists","description":"For half a century the US Congress effectively evaded its constitutional duty by allowing the US President to take the lead in the formulation of trade policy. The result was a system which avoided the danger of log-rolling exercises when setting tariffs. It facilitated the growth of trade and thus encouraged economic growth and rising living standards. For some, however, the system has shown signs of fragmentation arising from new pressures and challenges and is producing policy outcomes that lack coherence and rationale. New pressures include demands for trade protection arising from America's mounting trade deficit, as well as jolts to the system caused by the struggle to create a North America Free Trade Agreement. More recently, new demands largely unrelated to trade have perversely affected the policy as non-governmental organisations have demanded a role in its formulation, including those concerned with environmental, social and labour issues. To a significant extent they have effectively 'privatised' the policy process. Moreover, the US government has increasingly used trade policy for non-trade purposes - principally as a tool of foreign and security policy. The pro-liberalisation forces within Congress and the administration have been comprehensively outplayed. In the absence of political leadership and a greater public awareness of the issues at stake the stage is set for the still greater abuse of trade policy by narrow special interest groups in pursuit of particularist ends. In the circumstances, the best that can be hoped for may be a series of international agreements which could constrain the abuse of US domestic policy formulation. But even this will require greater courage and resolve by the advocates of free trade than has recently been shown.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52480654606609,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52480655786257,"sku":"NLS9780255364676","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780255364676.jpg?v=1759850553"}],"url":"https:\/\/www.worldofbooks.com\/collections\/author-books-by-marcus-noland.oembed","provider":"World of Books ","version":"1.0","type":"link"}