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Author : Chin Seung Chung
Publisher :
ISBN 13 :
Total Pages : 632 pages
Book Rating : 4.:/5 (318 download)
Download or read book Economic Development and Economic Crisis Management in Korea written by Chin Seung Chung and published by . This book was released on 2004 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jong Kyu Lee
Publisher : Nova Publishers
ISBN 13 : 9781604561883
Total Pages : 88 pages
Book Rating : 4.5/5 (618 download)
Download or read book Recurring Economic Crisis in Korea written by Jong Kyu Lee and published by Nova Publishers. This book was released on 2008 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: There exists a large volume of literature on Korean success in economic development. However, Korea has experienced several economic crises in the development process. While the financial crisis in 1997 has received a substantial amount of attention in the mass media and in the academic as well, Korea had not been immune to economic crisis prior to the 1997 financial crisis. This 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. This indicates that the measures to resolve the previous crises were ultimately ineffective in the sense that the fundamental causes for the economic crisis had remained unresolved and, as a result, recurrence of the crisis has not been prevented.
Author : Charles Harvie
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782543824
Total Pages : 342 pages
Book Rating : 4.5/5 (438 download)
Download or read book The Korean Economy written by Charles Harvie and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea has played, and will increasingly play, an important role in the future development of the South East Asian region, including the expansion of regional economic cooperation and interregional trade. Indeed 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.
Author : Jongryn Mo
Publisher : Hoover Inst Press Publication
ISBN 13 :
Total Pages : 236 pages
Book Rating : 4.:/5 (321 download)
Download or read book Democracy and the Korean Economy written by Jongryn Mo and published by Hoover Inst Press Publication. This book was released on 1999 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes and explains the effect democratic change has had on Korean economic policy and its economy. It explains how conflicts over economics have evolved in major policy areas and which economic factors have been important in resolving these conflicts, with a close look at "chaebols," their market positions and political influence.
Author : Van Hoa Tran
Publisher : Edward Elgar Publishing
ISBN 13 : 9781843765530
Total Pages : 272 pages
Book Rating : 4.7/5 (655 download)
Download or read book Economic Crisis Management written by Van Hoa Tran and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Crisis Management discusses contemporary and economic policy and its application to major crisis economies in Asia. The book contains a collection of studies by international experts in economics and finance with special focus on major aspects of the economic management of the Asia crisis.
Author : Jongryn Mo
Publisher : BRILL
ISBN 13 : 1684175372
Total Pages : 246 pages
Book Rating : 4.6/5 (841 download)
Download or read book Korean Political and Economic Development written by Jongryn Mo and published by BRILL. This book was released on 2020-10-26 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: "How do poor nations become rich, industrialized, and democratic? And what role does democracy play in this transition? To address these questions, Jongryn Mo and Barry R. Weingast study South Korea’s remarkable transformation since 1960. The authors concentrate on three critical turning points: Park Chung Hee’s creation of the development state beginning in the early 1960s, democratization in 1987, and the genesis of and reaction to the 1997 economic crisis. At each turning point, Korea took a significant step toward creating an open access social order.The dynamics of this transition hinge on the inclusion of a wide array of citizens, rather than just a narrow elite, in economic and political activities and organizations. The political economy systems that followed each of the first two turning points lacked balance in the degree of political and economic openness and did not last. The Korean experience, therefore, suggests that a society lacking balance cannot sustain development. Korean Political and Economic Development offers a new view of how Korea was able to maintain a pro-development state with sustained growth by resolving repeated crises in favor of rebalancing and greater political and economic openness."
Author : Chuk Kyo Kim
Publisher : World Scientific Publishing Company
ISBN 13 : 9789813274907
Total Pages : 0 pages
Book Rating : 4.2/5 (749 download)
Download or read book Economic Development of Korea written by Chuk Kyo Kim and published by World Scientific Publishing Company. This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to provide a systematic and policy-focused analysis of Korea's development performance from a historical perspective. The book begins with post-war reconstruction efforts and extends to recent developments in the Korean economy. Through a comprehensive analysis of Korea's development performance over the last six decades, the book examines in detail how development strategies and policies evolved over time, what were their consequences and underlying factors, and what lessons can be drawn from the Korean experience. A wide range of issues are discussed, including the role of government, capital accumulation, growth and structural change, industrial development and concentration, economic liberalization, human resource and technology development, social development and income distribution. The important features of the Korean development model are highlighted to draw lessons from the Korean experience.
Author : Yung Chul Park
Publisher : Harvard University Press
ISBN 13 : 9780674251281
Total Pages : 375 pages
Book Rating : 4.2/5 (512 download)
Download or read book Financial Liberalization and Economic Development in Korea, 1980-2020 written by Yung Chul Park and published by Harvard University Press. This book was released on 2021-03-30 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea's financial development has been a tale of liberalization and opening but the new system has failed to steer the country away from financial crises. This study analyzes the changes in the financial system and finds that financial liberalization has contributed little to grow and stabilize the Korean economy.
Author : Young-Chan Kim
Publisher : Elsevier
ISBN 13 : 1780632517
Total Pages : 303 pages
Book Rating : 4.7/5 (86 download)
Download or read book South Korea written by Young-Chan Kim and published by Elsevier. This book was released on 2008-12-30 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Korea: Challenging globalisation and the post-crisis reforms examines the major economic issues flowing from the Korean financial crisis of 1997 and covers such issues as industrial relations, macroeconomic sectors, the role of administrations, and corporates’ globalisation process by over-expanded foreign direct investment. The chapters contained in this book are written by a wide variety of contributors, including a former government technocrat, president’s advisory board member, plus leading Korean economy specialists. Includes empirical surveys from the leading academics in Korea Exclusively research methodology on each topic First attempt to explain limited but historically important period economic policy
Author : O. Yul Kwon
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782543732
Total Pages : 344 pages
Book Rating : 4.5/5 (437 download)
Download or read book Korea's Economic Prospects written by O. Yul Kwon and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: '. . . very well presented academic book. . . in Korea's Economic Prospects a valuable source of research material on the economy and its prospects. It will help one to understand the factors leading to the Korean recovery which has recently been recognised by the credit rating agency. . .' - Marie-Aimée Tourres, The Journal of Development Studies This book examines the major issues arising from the Korean financial crisis of 1997. It considers the strong prospects for rapid economic recovery and the emerging changes in Korea's international economic relations and business environment. The authors investigate the causes of the financial crisis and provide an evaluation of remedial measures and reforms currently being introduced in both private and public sectors of the Korean economy. The book identifies a paradigm shift in Korean economic policy and discusses Korea's new role in both the regional and global economy. It also examines the major developments reshaping Korea's international business environment through fundamental policy shifts in trade, foreign direct investment, labor relations, management practices and the emerging trends in e-commerce.
Author : O. Yul Kwon
Publisher :
ISBN 13 : 9781784719593
Total Pages : 0 pages
Book Rating : 4.7/5 (195 download)
Download or read book Social Trust and Economic Development written by O. Yul Kwon and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In just one generation, South Korea has transformed from a recipient of foreign aid to a member of the G20. In this informative book, South Korea is used as a case by which to explore and illustrate specific issues arising from the complex relationships between the nation's economic development and society. O. Yul Kwon considers the task of achieving sustainable and equitable social and economic development in South Korea. Kwon presents an in-depth analysis from macro perspectives as well as examining micro-level relationships between economic development and social trust in the recent past. Grounded in empirical research of Korean society and economy, Kwon offers practical suggestions by which to achieve sustainable and equitable development in South Korea. This insightful and timely book provides valuable information for a scholarly audience interested in South Korean history, economics and society, and for researchers investigating the significance of the relationship between economic development and society as well as social trust.
Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
ISBN 13 : 1498309704
Total Pages : 41 pages
Book Rating : 4.4/5 (983 download)
Download or read book Republic of Korea written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2015-01-09 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea experienced significant financial distress in the late 1990s along with some of its Asian neighbors. The authorities’ experience in handling this crisis and the experience in handling the fallout from the global financial crisis in 2007–08 helped them establish a broad crisis management framework in Korea. Improving and formalizing the framework for crisis management would help preserve and build upon institutional memory. Authorities can consider formally setting up an apex forum for leading the inter-agency cooperation and coordination work on crisis preparedness and crisis management. With a view to avoid duplication, the authorities may consider upgrading the Macroeconomic Financial Meeting (MEFM) with participation by the heads of the Ministry of Strategy and Finance (MOSF), Financial Services Commission (FSC), Financial Supervisory Service (FSS), Bank of Korea (BOK), and Korea Deposit Insurance Corporation (KDIC) as members, and by including crisis preparedness and crisis management as an explicit mandate. The essential elements of a financial safety net are available in Korea, and the Emergency Liquidity Assistance (ELA) framework and deposit insurance system can be improved to make the safety net more responsive. For ELA, this can be achieved by reviewing and revising the legal and procedural aspects to remove any scope for delays in actual disbursement of funds. For deposit insurance system, improvements can be made by bringing the deposit insurance fund out of deficit, and assuring a back-up funding. The financial safety net is well supported by an efficient framework of financial sector supervision. While the corrective action framework has some of the main elements in place it can, among others, be improved in the following areas for better effectiveness: (a) reviewing the triggers for corrective actions and improving their objectivity to enable timely intervention, including even before banks breach regulatory thresholds; and (b) putting in place norms and guidance determining the use of the powers to postpone or suspend corrective actions.
Author : Stephan Haggard
Publisher : Cambridge University Press
ISBN 13 : 9780521823630
Total Pages : 374 pages
Book Rating : 4.8/5 (236 download)
Download or read book Economic Crisis and Corporate Restructuring in Korea written by Stephan Haggard and published by Cambridge University Press. This book was released on 2003-02-26 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asian business conglomerates have clearly been successful agents of growth, mobilizing capital, borrowing technology from abroad and spearheading Asia's exports. However, these firms have long had a number of organisational and financial weaknesses, including heavy reliance on debt, that make them vulnerable to shocks. Nowhere was this more true than in Korea, where the large corporate groups known as chaebol have dominated the economic landscape. This collection of essays by leading political scientists and economists provides a comprehensive look at the chaebol problem in the wake of the Asian financial crisis. The authors consider the historical evolution of the chaebol and their contribution to the onset of economic turmoil in 1997. The book analyses the government's short-run response to corporate and financial distress, and outlines an agenda for longer-term reform of the financial system, corporate governance and the politics of business-government relations.
Author : Grigory Gerasimov
Publisher : Litres
ISBN 13 : 5041506884
Total Pages : pages
Book Rating : 4.0/5 (415 download)
Download or read book The South Korean economic development experience: smart cities, green growth, public toilets, land and capital markets written by Grigory Gerasimov and published by Litres. This book was released on 2019-01-16 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines Policies for Development in Korea and explores the opportunities and challenges faced by Korea in harnessing technology for economic growth. A central goals of this book is to share practical cases from South Korea for those aspiring to become global professionals who contribute and resolve remaining challenges of developing countries. Topics covered include export-oriented industrialization, smart cities, government reforms, green growth, land and capital markets.
Author : Hwy-Chang Moon
Publisher : Oxford University Press
ISBN 13 : 0190228814
Total Pages : 305 pages
Book Rating : 4.1/5 (92 download)
Download or read book The Strategy for Korea's Economic Success written by Hwy-Chang Moon and published by Oxford University Press. This book was released on 2016-04-01 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea's economic success has inspired numerous studies and research projects in past decades. Despite good efforts to analyze the strategy of Korea, earlier studies have not been able to comprehensively and systematically explain the country's "miraculous" growth. After thorough analysis of these earlier studies, a new model has been developed by showing that a country or firm does not have to be more innovative or possess more resources to have a competitive advantage over others. In The Strategy for Korea's Economic Success, Hwy-Chang Moon details four factors that comprise the ABCD model and illustrates how the Korean government, corporations, and people have exemplified these factors in achieving their current level of success. The four factors are agility (speed + precision), benchmarking (learning + best practices), convergence (mixing + synergy), and dedication (diligence + goal-orientation). Together, these factors have enabled Korea's economic success and will continue to drive the next level of growth. Anyone can become more competitive with proper implementation of the ABCDs. Korea's development strategy holds special value, because it is more practical and appropriate for many developing countries. For more developed countries, on the other hand, the ABCDs can be used to fast-track the next phase of growth. Moon also highlights the role of internationalization in broadening the scope of strategic choices, and shows how the combined implementation of internationalization and the ABCDs deepens the pool of strategic resources.
Author : Wontack Hong
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.F/5 ( download)
Download or read book Catch-up and Crisis in Korea written by Wontack Hong and published by Edward Elgar Publishing. This book was released on 2002 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea has experienced one of the most profound economic transformations of any nation in history, and remains a very important focus of academic inquiry. Whilst the process of catch-up in Korea - led by export-oriented growth - has been rapid and, in a sense, very successful, it has also been subject to turbulence, not least in a crisis of near bankruptcy that has dramatically revealed its Achilles heel. Informed by the 1997 crisis, Wontack Hong writes a new history of the Korean economy; one that seeks to understand export-oriented catch-up in newly industrialized countries (NICs) whilst offering a realistic appraisal and forewarning of the pitfalls which could signal self-destruction. Catch-up and Crisis in Korea offers a balanced perspective on the Korean economy, and on newly industrialized countries in general, for those who have a serious interest in understanding the industrialization process.
Author : Leroy P. Jones
Publisher : BRILL
ISBN 13 : 1684172241
Total Pages : 475 pages
Book Rating : 4.6/5 (841 download)
Download or read book Government, Business, and Entrepreneurship in Economic Development written by Leroy P. Jones and published by BRILL. This book was released on 2020-03-17 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of Korea's economic growth and modernization, beginning with Yi Dynasty entepreneurship and extending through the colonial and post-war periods. Separate chapters are devoted to the colonial heritage, the government economic decision-making process; implementation of government policy; public enterprise; private entrepreneurship, including supply of labor and capital and sources of expansion; and private economic power. Case studies of small and medium enterpises and also of chaebol are presnted. Over 70 tables and figures are included.
