ECON MIDTERM STUDYGUIDE:
Countries/Economies:
Key:
o 4-Dragons, 4-Tigers, 4-NIES, 4-NICS
Japan, Taiwan, Korea, Hong Kong, Singapore
o ASEAN-4
o TRANSITION ECONS
Country/Econ Capital Currency
Japan Tokyo Yen
China Beijing Yuan
Taiwan Taipei $
Thailand Bangkok Baht
Indonesia Jakarta Rupiah
Malaysia Kuala Lumpar Ringgit
The Phillipines Manila U.S $ or Peso
Singapore $
South Korea Seoul Won
Hong Kong $
Terms/Abrieviaions:
- BRI: Belt and Road Initiative
o Strategy by republic of China that seeks to connect
Asia with Africa and Europe via land time and maritime
networks
o Goals:
improve regional integration
increase trade
stimulate economic growth
- IMF: international monetary fund
, 1. View that questions, the practicality and real motivations
behind China’s BRI:
a. Skeptical
2. According to introduction chapter from the handbook, what
are several long-term issues for the future development of
Northeast Asia?
a. Inequality re-emerging as a social issue
b. Growth primarily input driven not productivity driven
c. Protection and management of environment has
received insufficient attention, which is a barrier to
substantial growth
d. Rise of China
3. Main motivations of China’s development strategy BRI
consisted of:
a. Export of surplus capital and technology
b. Diversification of economic ties
c. Geopolitical influence
d. Economic growth, and development
e. Global leadership and institutional reform
4. What is China’s dual circulation development strategy?
a. China’s dual circulation development strategy:
5. Prior to the Asian financial crisis, which country/economy
had the highest corporate ownership concentration?
a. South Korea
Countries/Economies:
Key:
o 4-Dragons, 4-Tigers, 4-NIES, 4-NICS
Japan, Taiwan, Korea, Hong Kong, Singapore
o ASEAN-4
o TRANSITION ECONS
Country/Econ Capital Currency
Japan Tokyo Yen
China Beijing Yuan
Taiwan Taipei $
Thailand Bangkok Baht
Indonesia Jakarta Rupiah
Malaysia Kuala Lumpar Ringgit
The Phillipines Manila U.S $ or Peso
Singapore $
South Korea Seoul Won
Hong Kong $
Terms/Abrieviaions:
- BRI: Belt and Road Initiative
o Strategy by republic of China that seeks to connect
Asia with Africa and Europe via land time and maritime
networks
o Goals:
improve regional integration
increase trade
stimulate economic growth
- IMF: international monetary fund
, 1. View that questions, the practicality and real motivations
behind China’s BRI:
a. Skeptical
2. According to introduction chapter from the handbook, what
are several long-term issues for the future development of
Northeast Asia?
a. Inequality re-emerging as a social issue
b. Growth primarily input driven not productivity driven
c. Protection and management of environment has
received insufficient attention, which is a barrier to
substantial growth
d. Rise of China
3. Main motivations of China’s development strategy BRI
consisted of:
a. Export of surplus capital and technology
b. Diversification of economic ties
c. Geopolitical influence
d. Economic growth, and development
e. Global leadership and institutional reform
4. What is China’s dual circulation development strategy?
a. China’s dual circulation development strategy:
5. Prior to the Asian financial crisis, which country/economy
had the highest corporate ownership concentration?
a. South Korea
