The Korean Economy Beyond the Crisis
- ISBN-10
- 1845422252
- ISBN-13
- 9781845422257
- Category
- Business & Economics
- Pages
- 372
- Language
- English
- Published
- 2005
- Publisher
- Edward Elgar Pub
- Authors
- Barry J. Eichengreen, Duck-Koo Chung
Description
More than five years have passed since South Korea fell prey to the Asian financial crisis. Bringing together experts from Korea and a variety of other countries, this book aims to better understand the three stages of the Korean crisis: the onset, the policy reaction, and the economic response. Providing an integrated analysis of the event and its consequences, the chapters in the book consider the causes of the crisis, the response of the US government and International Monetary Fund, adjustments in the Korean monetary and fiscal policies, and the success of financial and corporate restructuring. The concluding chapters bring the story up-to-date, describing the aftermath of the crisis and assessing whether there has been sufficient reform to facilitate the country's recovery and growth.International and also Asian economists will find this a thoroughly accessible and illuminating book, as will specialists on Korea, political scientists and political economists.
Get the book
Other editions
Similar books
-
Beyond the Crisis: Korea's Emergence from the Global Financial Storm of 2008
By Kwang Woo JunOtherwise, the ominous threat that "the end of one crisis is the beginning of the next crisis" looms exponentially closer. This book is prepared to serve two objectives.
-
The Global Financial Crisis and the Korean Economy
By Jang-Sup ShinThis book deals with the question in two ways. First, it investigates the frame of mind that distances people from the reality of life.
-
The Korean Economy: Post-crisis Policies, Issues and Prospects
By Charles Harvie, Hyun-Hoon Lee, Junggun OhIndeed Korea has been a leading proponent of the idea of ASEAN+3. Clearer understanding of this economy, its major contemporary policy and reform issues and its future, are of particular interest from both regional and global perspectives.
-
The Global Financial Crisis and the Korean Economy
By Jang-Sup ShinThis book deals with the question in two ways. First, it investigates the frame of mind that distances people from the reality of life.
-
Recurring Economic Crisis in Korea
By Jong Kyu Lee, Sanghack LeeThis book reviews the experiences of economic crises and their resolutions in Korea since 1960s. The book examines each crisis and concludes that the factors that caused one previous crisis later brought about another crisis repeatedly.
-
Korea's Economic Miracle: Fading or Reviving?
By Hyun-Hoon Lee, C. HarvieCharles Harvie and Hyun-Hoon Lee chronicle and analyze the key factors behind Korea's economic miracle from 1962-1989 and the causes that contributed to the economic downturn and ensuing crisis of 1997-98.
-
Korea after the Crash: The Politics of Economic Recovery
By Brian BridgesCovering events up to and including the recent parliamentary elections in South Korea, the book considers the socio-economic and political implications of the financial crisis. It is invaluable reading for students of modern Korea.
-
Economic Crisis and Corporate Restructuring in Korea: Reforming the Chaebol
By Wonhyuk Lim, Stephan Haggard, Euysung KimDaewoo had over 75,000 employees in Korea , a massive supplier network , and creditors that included trust companies holding nearly $ 18 billion in junk bonds ( Clifford 1999 ) . The impact would also be global as investigations later ...
-
The causes of the IMF crisis in South Korea. What Experts Say
By Juhyuk ParkSeminar paper from the year 2011 in the subject Economics - Finance, grade: A, The University of North Carolina at Chapel Hill, course: Advanced Macroeconomics, language: English, abstract: What had happened to Korea, and why did the nation ...
-
Korea's Economic Prospects: From Financial Crisis to Prosperity
By William Shepherd, O. Yul Kwon. .' - Marie-Aimée Tourres, The Journal of Development Studies This book examines the major issues arising from the Korean financial crisis of 1997.