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G20 Summit In Seoul
The 2010 G20 Seoul Summit was the fifth meeting of the G20 heads of government/heads of state, to discuss the global financial system and the world economy,Cho Jin-seo "Seoul unveils G20 summit's symbol," ''Korea Times'' (ROK). July 8, 2010; retrieved Nov 10, 2010. which took place in Seoul, the capital of South Korea, on November 11–12, 2010. South Korea was the first non- G8 nation to host a G20 leaders' summit. The G20 is the premier forum for discussing, planning, and monitoring international economic cooperation. The theme of the summit was "Shared Growth Beyond Crisis". Agenda The summit leaders addressed several mid- and long-term policy issues, including * Ensuring global economic recoveryG20 Seoul summitAgenda/ref> * Framework for strong, sustainable, and balanced global growth * Strengthening the international financial regulatory system * Modernizing the international financial institutions * Global financial safety netsG20 Seoul summit New agenda and initiati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COEX Convention & Exhibition Center
Coex Convention & Exhibition Center (Coex) located in Samseong-dong of Gangnam-gu district, Seoul, is one of South Korea's convention and exhibition centers. Coex is serviced by Samseong Station on line 2 and Bongeunsa Station on line 9 of the Seoul Subway. The 836-meter (914-yard) section of sidewalk along Yeongdong Boulevard from exit No. 5 of Samseong Station on Seoul Subway Line 2 to exit No. 7 of Bongeunsa Station on Seoul Subway Line 9, outside Convention & Exhibition Center and ASEM Tower is designated as a smoke-free zone by the Seoul Metropolitan Government. Notable events * The 2000 Asia-Europe Summit (ASEM) * 2010 G-20 Seoul summit - November 2010 * 2012 Nuclear Security Summit - 26–27 March 2012 * International Congress on Mathematical Education The International Commission on Mathematical Instruction (ICMI) is a commission of the International Mathematical Union and is an internationally acting organization focussing on mathematics education. ICMI was founde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2011 G20 Cannes Summit
The 2011 G20 Cannes Summit was the sixth meeting of the G20 heads of government/heads of state in a series of on-going discussions about financial markets and the world economy. The G20 forum is the avenue for the G20 economies to discuss, plan and monitor international economic cooperation. While the summit achieved little progress on resolving the Eurozone crisis and providing concrete measures to addressing global financial imbalances, it did produce some tangible results, including the adoption of the Cannes Action Plan for Growth and Jobs, the launch of the Agricultural Market Information System (AMIS) and the endorsement of an Action Plan on Food Price Volatility and Agriculture. Priorities France put agriculture and food security at the heart of the G20 priorities. Around this broad theme, it divided the priorities of the Summit into six areas: # Reform the International Monetary System. # Strengthen financial regulation, especially in non-banking financial institutions ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banpo Bridge
The Banpo Bridge (Korean: 반포대교; Hanja: 盤浦大橋) is a major bridge in downtown Seoul over the Han River, South Korea, connecting the Seocho and Yongsan districts. The bridge is on top of Jamsu Bridge, forming the upper half of a double-deck bridge; it is the first double deck bridge built in South Korea. During periods of high rainfall, the Jamsu Bridge is designed to submerge as the water level of the river rises, as the lower deck lies close to the waterline. In the past decade, the bridge has submerged every year, and the bridge and surrounding area is cleared of mud and silt shortly afterward. The bridge was built as a girder bridge and was completed in 1982. The south side, during times without global pandemics, has a yearly fall market, with live music and food trucks. The northern side has several bike and skating ramps. Moonlight Rainbow Fountain The Moonlight Rainbow Fountain (Korean: 달빛무지개 분수) is the world's longest bridge fountain that set ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Han River (Korea)
The Han River or Hangang () is a major river in South Korea and the fourth longest river on the Korean peninsula after the Yalu River, Amnok (Yalu), Tumen River, Tuman (Tumen), and Nakdong rivers. The river begins as two smaller rivers in the eastern mountains of the Korean peninsula, which then converge near Seoul, the capital of the country. The Hangang River and its surrounding area have played an important role in Korean history. The Three Kingdoms of Korea strove to take control of this land, where the river was used as a trade route to China (via the Yellow Sea). The river is no longer actively used for navigation, because its estuary is located at the Korean Demilitarized Zone, borders of the two Koreas, barred for entrance by any civilian. The river serves as a water source for over 12 million South Koreans. In July 2000, the United States military admitted to having dumped formaldehyde in the sewer system connected to the river, causing protests. The lower stretches ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Artificial Islands
An artificial island is an island that has been constructed by people rather than formed by natural means. Artificial islands may vary in size from small islets reclaimed solely to support a single pillar of a building or structure to those that support entire communities and cities. Early artificial islands included floating structures in still waters or wooden or megalithic structures erected in shallow waters (e.g. crannógs and Nan Madol discussed below). In modern times artificial islands are usually formed by land reclamation, but some are formed by the incidental isolation of an existing piece of land during canal construction (e.g. Donauinsel, Ko Kret, and much of Door County, Wisconsin), or flooding of valleys resulting in the tops of former knolls getting isolated by water (e.g., Barro Colorado Island). One of the world's largest artificial islands, René-Levasseur Island, was formed by the flooding of two adjacent reservoirs. History Despite a popular image of mod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cheongsachorong
A cheongsachorong is a traditional South Korea, Korean lantern. It is typically made by joining red and blue silk shades and hanging a candle inside the body. Although used historically in Marriage in South Korea, wedding ceremonies, it is widely displayed in various cultural exhibitions today in South Korea. A stylized ''cheongsachorong'' has been featured as the logo of the 2010 G-20 Seoul summit. References 『고려도경(高麗圖經)』 『만기요람(萬機要覽)』 『사례변람(四禮便覽)』 『성호사설(星湖僿說)』 {{Korea-stub Types of lamp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Exchange Rates
In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro. The exchange rate is also regarded as the value of one country's currency in relation to another currency. For example, an interbank exchange rate of 114 Japanese yen to the United States dollar means that ¥114 will be exchanged for or that will be exchanged for ¥114. In this case it is said that the price of a dollar in relation to yen is ¥114, or equivalently that the price of a yen in relation to dollars is $1/114. Each country determines the exchange rate regime that will apply to its currency. For example, a currency may be floating, pegged (fixed), or a hybrid. Governments can impose certain limits and controls on exchange rates. Countries can also have a strong or weak currency. There is no agreement in the econom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sherpa (emissary)
A sherpa is the personal representative of a head of state or head of government who prepares an international summit, such as the annual G7 and G20 summits. Between the G7 summits there are multiple sherpa conferences where possible agreements are laid out. This reduces the amount of time and resources required at the negotiations of the heads of state at the final summit. The name sherpa—without further context—refers to sherpas for the G7 summit, but the designation can be extended to different regular conferences where the participation of the head of state is required. The sherpa is generally quite influential, although they do not have the authority to make a final decision about any given agreement. The name is derived from the Sherpa people, a Nepalese ethnic group, who serve as guides and porters in the Himalayas, a reference to the fact that the sherpa clears the way for a head of state at a major summit. European Union In the European Union, the name was originall ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency War
Currency war, also known as competitive devaluations, is a condition in international affairs where countries seek to gain a trade advantage over other countries by causing the exchange rate of their currency to fall in relation to other currencies. As the exchange rate of a country's currency falls, exports become more competitive in other countries, and imports into the country become more and more expensive. Both effects benefit the domestic industry, and thus employment, which receives a boost in demand from both domestic and foreign markets. However, the price increases for import goods (as well as in the cost of foreign travel) are unpopular as they harm citizens' purchasing power; and when all countries adopt a similar strategy, it can lead to a general decline in international trade, harming all countries. Historically, competitive devaluations have been rare as countries have generally preferred to maintain a high value for their currency. Countries have generally allowed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Financial Institutions
An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders. The most prominent IFIs are creations of multiple nations, although some bilateral financial institutions (created by two countries) exist and are technically IFIs. The best known IFIs were established after World War II to assist in the reconstruction of Europe and provide mechanisms for international cooperation in managing the global financial system. Types Multilateral Development Banks A multilateral development bank (MDB) is an institution, created by a group of countries, that provides financing and professional advice to enhance development. An MDB has many members, including developed donor countries and developing borrower cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Regulation
Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled by either a government or non-government organization. Financial regulation has also influenced the structure of banking sectors by increasing the variety of financial products available. Financial regulation forms one of three legal categories which constitutes the content of financial law, the other two being market practices and case law. History In the early modern period, the Dutch were the pioneers in financial regulation. The first recorded ban (regulation) on short selling was enacted by the Dutch authorities as early as 1610. Aims of regulation The objectives of financial regulators are usually: * market confidence – to maintain confidence in the financial system * financial stability – contributing to the protection and e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Economy
The world economy or global economy is the economy of all humans of the world, referring to the global economic system, which includes all economic activities which are conducted both within and between nations, including production, consumption, economic management, work in general, exchange of financial values and trade of goods and services. In some contexts, the two terms are distinct "international" or "global economy" being measured separately and distinguished from national economies, while the "world economy" is simply an aggregate of the separate countries' measurements. Beyond the minimum standard concerning value in production, use and exchange, the definitions, representations, models and valuations of the world economy vary widely. It is inseparable from the geography and ecology of planet Earth. It is common to limit questions of the world economy exclusively to human economic activity, and the world economy is typically judged in monetary terms, even in cases in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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