Word: noland
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Dates: during 2000-2009
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...Lastly and most interestingly, Marcus Noland of the Institute for International Economics testified before Congress in April and told a Subcommittee that the DPRK economic structure is bizarre to say the least and in large part based on black market trading...
...economic sanctions, if it does not. The status quo must be made unsustainable. Kim must be forced to choose cooperation or risk a confrontation that would impose an economic noose around his country's neck. He must not be allowed to keep "muddling through," in the words that Marcus Noland of the Institute for International Economics used a decade...
...Trump may get most of what he wants anyway--not because of his managerial acumen but because the brand he has promoted so tirelessly is a key asset. "His name has cachet," says Kim Noland, debt analyst at Gimme Credit newsletter. "That might actually help with customer count." Trump is a tough negotiator too. He knows from experience that when you owe billions, the creditors are in just as much trouble as you are. And he isn't all that desperate. His outsize ego could no doubt handle the potential Atlantic City bankruptcy, and his stake in the casino properties...
...Koreas were to move toward reunification. North Korea's gross national product is less than 4% the size of the South's. The North needs basic roads and power plants, new technology and factories, and food and jobs for an estimated 23 million starving citizens. Marcus Noland, a senior fellow at the Institute for International Economics in Washington, says $600 billion will be needed over 10 years to raise incomes in the North to 60% of those in the South, a level at which social stability can be maintained. Today, the North's estimated average per-capita income...
...Still, says Noland, unification "doesn't have to be a catastrophe." The South would probably see some benefits from the start of a unification process, such as a "peace dividend" from reduced military expenditure. And all that cheap North Korean labor could make the South's companies more competitive. But, worries Thae Khwarg, chief executive of SEI Asset Korea, a fund-management firm in Seoul, South Koreans are terrified about unification because they haven't prepared for it by setting aside financial resources...