Confucian Statecraft and Korean Institutions. Yu Hyongwon and the Late Choson Dynasty - James B. Palais

912 FINANCIAL REFORM AND THE ECONOMY successful circulation throughout the country, and he estimated the optimum volume of cash ...

Yu's ANALYSIS OF CURRENCY 913 believed that Yu was totally unrealistic to expect that Korea had the financial capacity to import ...

914 FINANCIAL REFORM AND THE ECONOMY presumably backed by imports of copper from abroad, would in fact have meant a far greater ...

Yu's ANALYSIS OF CURRENCY 915 district magistrate would provide them some support by exempting them per- manently from the shop ...

916 FINANCIAL REFORM AND THE ECONOMY by officials in the capital would pay T 20 mun/year. Shops granted land by the state under ...

Yu's ANALYSIS OF CURRENCY 917 not interfere with proper moral standards, only with the abusive use of social dis- tinction to en ...

918 FINANCIAL REFORM AND THE ECONOMY To defend his belief in the vaunted superiority of fixed cash prices and exchange rates aga ...

Yu's ANALYSIS OF CURRENCY 919 situation at the time. The only thing [that is important] is that at the time the rate is set you ...

920 FINANCIAL REFORM AND THE ECONOMY failed to circulate, presumably because it was still overvalued, the price of one mal was r ...

Yu's ANALYSIS OF CURRENCY 921 from his own description of these places, they appear to have been the equiva- lent of flea market ...

922 FINANCIAL REFORM AND THE ECONOMY involved in administering the use of currency and cash. Instead of bragging about the super ...

Yu's ANALYSIS OF CURRENCY 923 planning and regulation, the government could calculate just how much cash was needed to enable th ...

CHAPTER 25 A Cycle of Inflation and Deflation By stimulating the exchange of goods the taedong refonn created a need for a bette ...

INFLATION AND DEFLATION 925 had either disappeared or was replaced by bolts of cotton cloth in the country- side. The problems a ...

926 FINANe] AL REFORM AND THE ECONOMY King Injo had prohibited this kind of illegal manipulation of the standards of quality for ...

INFLATION AND DEFLATION 927 of cotton to obtain cash to pay the commuted support taxes for soldiers, arti- sans, or labor servic ...

928 FINANCIAL REFORM AND THE ECONOM Y the familiar "check-off' (chomt'oe) tactic that tax clerks used to reject cloth on the gro ...

INFLATION AND DEFLATION 929 MyonghOn added that allowing so many separate agencies to mint cash had obstructed spread of cash in ...

930 FINANCIAL REFORM AND THE ECONOMY Rising Interest Rates and Inflation It was at this point that a crucial turning point in ge ...

INFLATION AND DEFLATION 931 the rich were getting richer and the poor poorer. It has heen less than twenty years since cash has ...