"South Korea has been held out as an economic miracle—as a country that successfully completed the transition from underdeveloped to developed country status—and as an example of how a middle-income country can continue to move up the technology ladder into the production and export of more sophisticated goods and services. But with these successes have come challenges, among them poverty, inequality, long work hours, financial instability, and complaints about the economic and political power of the country’s large corporate conglomerates, or chaebol. The Korean Economy provides an overview of Korean economic experience since the 1950s, with a focus on the period since democratization in 1987. Successive chapters analyze the Korean experience from the perspectives of political economy, the growth record, industrial organization and corporate governance, financial development and instability, labor and employment, inequality and social policy, and Korea’s place in the world economy. A concluding chapter describes the country’s economic challenges going forward and how they can best be met. The volume also serves to summarize the findings of companion volumes in the Harvard–Korean Development Institute series on the Korean economy, also published by the Harvard University Asia Center."
Within thirty years, and despite the aftereffects of colonial rule and devastating war, the Republic of Korea has transformed itself from an agricultural society to a modern industrial power free...
O. Yul Kwon presents in-depth impact analyses of institutional reforms (economic policy, regulations, culture and politics) on areas such as the transitions of the overall economy, external economic relations, the business, financial and ...
Growth and Structural Changes in the Korean Economy, 1910-1940
In this valuable book for both the academic and policy-making circles, Byung-Yeon Kim offers the most comprehensive and systematic analysis of the present day North Korean economy in the context of economic systems and transition economics.
Academic Paper from the year 2017 in the subject Asian studies, grade: 1,3, Ewha Womans University, course: Korean History and Society, language: English, abstract: The main concern of this paper is to answer the question if Confucianism ...
Preface -- About the author -- South Korea's economy at a crossroads -- Chaebol's role in South Korea's economic development -- South Korea-United States free trade agreement -- South Korea's free trade agreement with China -- South Korea's ...
Essays on the Korean Economy
Attempts to draw from the Korean miracle, useful conclusions in economic terms for other Third World countries by examining its origins. Also analyzes the prospects for Korea's economy in the...
Grossman, Gregory. 1963. “Soviet Concern with Reliability.” In Harry G. Schaffer, ed. The Soviet Economy. New York: Appleton-Century-Crofts. pp. 10—15. Hwang, Eui-Gak. 1993. The Korean Economies: A Comparison ofNorth and.
And yet, many Koreans are less than satisfied with their country’s economic performance, given the continuing financial volatility and sluggish growth since the Korean economic crisis of 1997–1998.From Miracle to Maturity offers a ...