The Korean Financial Crisis of 1997

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 480 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis The Korean Financial Crisis of 1997 by : Kyu-sŏng Yi

Download or read book The Korean Financial Crisis of 1997 written by Kyu-sŏng Yi and published by World Bank Publications. This book was released on 2011 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book chronicles how Korea dealt with and overcame the crisis over time. The book is organized into eleven chapters. Chapter one outlines the troubling financial market conditions at home and abroad before the crisis. Chapter two then delves into the origin of the crisis and offers analyses on the shortcomings of the Korean economy and the instability of the international financial system. In chapter three, policy measures the government executed in the wake of the onset of the crisis are described and analyzed. Chapter four probes the steps taken to reduce the risk of sovereign insolvency in the face of the cool market reaction to the initial package of crisis response measures announced by the International Monetary Fund in December 1997. Chapter five describes the background within which the government established the institutional framework necessary for corporate, financial, and labor market restructuring between December 1997 and April 1998. The government efforts to secure additional foreign currency liquidity through the markets and to devise initiatives to counter the massive unemployment are discussed in detail. In chapter six, the situation during May and June 1998 is explored with a focus on the closure of nonviable corporate and financial companies and the efforts to drive down interest rates and revive credit flows. This is followed, in chapter seven, by an analysis of the first phase of financial sector restructuring, which started in the third quarter of 1998, and the measures adopted to shore up potential growth and cope with the pressing problem of unemployment. Chapters eight and nine deal separately with the restructuring of the top five chaebols (the large family-controlled and family-run groups that dominate business in Korea), the economic stimulus packages applied during the fourth quarter of 1998, the efforts to restore financial market stability and economic growth, and the initial phase of foreign exchange liberalization measures, which were implemented during the first half of 1999. Chapter ten then discusses the situation during the second half of 1999, with a particular focus on the collapse of the Daewoo business group, including the steps taken to contain the resulting fallout, as well as measures aimed at expanding the economic recovery. Chapter eleven, the final chapter, offers a diagnosis of the Korean economy, along with an analysis of the policy implications and the responses for the future.

Economic reconstruction problems in South Korea

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Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Economic reconstruction problems in South Korea by : Institute of Pacific Relations. Conference

Download or read book Economic reconstruction problems in South Korea written by Institute of Pacific Relations. Conference and published by . This book was released on 1954 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Bank of Korea: A Sixty-Year History

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Publisher : 길잡이미디어
ISBN 13 : 899285837X
Total Pages : 304 pages
Book Rating : 4.9/5 (928 download)

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Book Synopsis The Bank of Korea: A Sixty-Year History by : The Bank of Korea (Central Bank of South Korea)

Download or read book The Bank of Korea: A Sixty-Year History written by The Bank of Korea (Central Bank of South Korea) and published by 길잡이미디어. This book was released on 2010-11-24 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Preface Chapter 1 Foundation of the Bank of Korea Chapter 2 The Bank of Korea Act Chapter 3 Organization and Functions of the Bank of Korea Chapter 4 Economic Development and the Bank of Korea Chapter 5 The Future Trajectory and Challenges of the Bank of Korea

The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451844646
Total Pages : 67 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform by : Mr.Angel J. Ubide

Download or read book The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform written by Mr.Angel J. Ubide and published by International Monetary Fund. This book was released on 1999-03-01 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: After years of strong performance, Korea’s economy entered a crisis in 1997, owing largely to structural problems in its financial and corporate sectors. These problems emerged in the second half of that year, when the capital inflows that had helped finance Korea’s growth were reversed, as foreign investors—reeling from losses in other Southeast Asian economies—decided to reduce their exposure to Korea. This paper focuses on the sources of the crisis that originated in the financial sector, the measures taken to deal with it, and the evolution of key banking and financial variables in its aftermath.

Re-Inventing Africa's Development

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Publisher : Springer
ISBN 13 : 3030039463
Total Pages : 456 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Re-Inventing Africa's Development by : Jong-Dae Park

Download or read book Re-Inventing Africa's Development written by Jong-Dae Park and published by Springer. This book was released on 2018-12-31 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book analyses the development problems of sub-Sahara Africa (SSA) from the eyes of a Korean diplomat with knowledge of the economic growth Korea has experienced in recent decades. The author argues that Africa's development challenges are not due to a lack of resources but a lack of management, presenting an alternative to the traditional view that Africa's problems are caused by a lack of leadership. In exploring an approach based on mind-set and nation-building, rather than unity – which tends to promote individual or party interests rather than the broader country or national interests – the author suggests new solutions for SSA's economic growth, inspired by Korea's successful economic growth model much of which is focused on industrialisation. This book will be of interest to researchers, policymakers, NGOs and governmental bodies in economics, development and politics studying Africa's economic development, and Korea's economic growth model.

Korean Confucianism

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Publisher :
ISBN 13 :
Total Pages : 179 pages
Book Rating : 4.1/5 (861 download)

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Book Synopsis Korean Confucianism by :

Download or read book Korean Confucianism written by and published by . This book was released on 2015 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Korea's Future and the Great Powers

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Publisher : University of Washington Press
ISBN 13 : 0295801271
Total Pages : 377 pages
Book Rating : 4.2/5 (958 download)

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Book Synopsis Korea's Future and the Great Powers by : Nicholas Eberstadt

Download or read book Korea's Future and the Great Powers written by Nicholas Eberstadt and published by University of Washington Press. This book was released on 2012-03-15 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: The eventual reunification of the Korean Peninsula will send political and economic reverberations throughout Northeast Asia and will catalyze the struggle over a new regional order among the four great powers of the Pacific—Russia, China, Japan, and the United States. Korea’s Future and the Great Powers addresses the vital issues of how to achieve a stable political order in a unified Korea, how to finance Korean economic reconstruction, and how to link Korea into a cooperative framework of international diplomatic relations.

Korea

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Publisher : World Bank Publications
ISBN 13 : 9780821326091
Total Pages : 60 pages
Book Rating : 4.3/5 (26 download)

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Book Synopsis Korea by : Kihwan Kim

Download or read book Korea written by Kihwan Kim and published by World Bank Publications. This book was released on 1993-01-01 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: The two case studies in this paper suggest that poor and low-income people strongly prefer private, fee-based health care to free public health-care services. The studies use household data from Santo Domingo, Dominican Republic and San Salvador, El Salvador. These data show how the demand for health care is shaped by price, convenience, quality of care, and the consumer's level of education. Important findings from household data compare the degree to which private care providers, public sector providers, and social security facilities are used. Also reviewed is the degree to which ineligible consumers exploit social security services. Policy recommendations for government officials discuss ways to deliver better health care to various economic groups.

Problems of Economic Reconstruction in the Far East

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Author :
Publisher : New York : International Secretariat, Institute of Pacific Relations
ISBN 13 :
Total Pages : 170 pages
Book Rating : 4.:/5 (9 download)

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Book Synopsis Problems of Economic Reconstruction in the Far East by : Institute of Pacific Relations. Conference

Download or read book Problems of Economic Reconstruction in the Far East written by Institute of Pacific Relations. Conference and published by New York : International Secretariat, Institute of Pacific Relations. This book was released on 1949 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Dynamics of Korean Economic Development

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Publisher : Longman
ISBN 13 : 9780881321876
Total Pages : 216 pages
Book Rating : 4.3/5 (218 download)

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Book Synopsis The Dynamics of Korean Economic Development by : Sun Cho

Download or read book The Dynamics of Korean Economic Development written by Sun Cho and published by Longman. This book was released on 1994 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study presents a perspective on Korea's economic development since the 1960s in the light of domestic and international changes that are forcing Korea to make far-reaching adjustments in its economic policies. Soon Cho is a former Deputy Prime Minister of the Republic of Korea.

Developmentalist Cities? Interrogating Urban Developmentalism in East Asia

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Publisher : BRILL
ISBN 13 : 9004383603
Total Pages : 381 pages
Book Rating : 4.0/5 (43 download)

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Book Synopsis Developmentalist Cities? Interrogating Urban Developmentalism in East Asia by :

Download or read book Developmentalist Cities? Interrogating Urban Developmentalism in East Asia written by and published by BRILL. This book was released on 2018-11-26 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developmentalist Cities addresses the missing urban story in research on East Asian developmentalism and the missing developmentalist story in studies of East Asian urbanization. It does so by promoting inter-disciplinary research into the subject of urban developmentalism: a term that editors Jamie Doucette and Bae-Gyoon Park use to highlight the particular nature of the urban as a site of and for developmentalist intervention. The contributors to this volume deepen this concept by examining the legacy of how Cold War and post-Cold War geopolitical economy, spaces of exception (from special zones to industrial districts), and diverse forms of expertise have helped produce urban space in East Asia. Contributors: Carolyn Cartier, Christina Kim Chilcote, Young Jin Choi, Jamie Doucette, Eli Friedman, Jim Glassman, Heidi Gottfried, Laam Hae, Jinn-yuh Hsu, Iam Chong Ip, Jin-Bum Jang, Soo-Hyun Kim, Jana M. Kleibert, Kah Wee Lee, Seung-Ook Lee, Christina Moon, Bae-Gyoon Park, Hyun Bang Shin.

Human Capital and Development

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Publisher : Edward Elgar Publishing
ISBN 13 : 1786436973
Total Pages : 431 pages
Book Rating : 4.7/5 (864 download)

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Book Synopsis Human Capital and Development by : Ju-Ho Lee

Download or read book Human Capital and Development written by Ju-Ho Lee and published by Edward Elgar Publishing. This book was released on with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: During recent decades, Korea has been one of only a handful of countries that have made the successful transformation to become a developed nation by simultaneously achieving persistent economic growth combined with a democratic political system. Experts and political leaders worldwide have attributed this achievement to investments in people or, in other words, the power of education. Whilst numerous books have highlighted the role of industrial policies, technological growth, and international trade in Korea’s development process, this is one of the first to focus on the role of human capital. It shows how the accumulation of human capital aided transformation and helps explain the policies, strategies and challenges that Korea faces now and in the future.

Economic Development Of Korea

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Publisher : World Scientific
ISBN 13 : 9813276010
Total Pages : 308 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Economic Development Of Korea by : Chuk Kyo Kim

Download or read book Economic Development Of Korea written by Chuk Kyo Kim and published by World Scientific. This book was released on 2019-03-06 with total page 308 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.

The Economic Development of South Korea

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Author :
Publisher : Routledge
ISBN 13 : 1351215728
Total Pages : 460 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis The Economic Development of South Korea by : Seung-hun Chun

Download or read book The Economic Development of South Korea written by Seung-hun Chun and published by Routledge. This book was released on 2018-01-29 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did a country with a dearth of natural resources, a sprawling population congested in a limited arable land transform itself to a modern industrial state within a generation? How could these have been achieved given the lingering geopolitical threats to its very survival as a state, as evidenced by the Korean War and the internecine aggressive posturing of its neighbor from the north? This book looks at strategies, institutional arrangement, role of entrepreneurs and workers in this odyssey, and on how those factors have worked together through effective leadership to transform South Korea’s economic fortunes.

Korea as a Knowledge Economy

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Publisher : World Bank Publications
ISBN 13 : 0821372025
Total Pages : 204 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Korea as a Knowledge Economy by : Chung-hae S?

Download or read book Korea as a Knowledge Economy written by Chung-hae S? and published by World Bank Publications. This book was released on 2007 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea's development process offers valuable lessons for other developing and less developed economies. In particular, the way Korea uses outside technologies, by accumulating indigenous capabilities, is still valid in the era of the knowledge economy. This volume examines the Korean model and Korea's march toward a knowledge economy from a poverty-ridden economy before the launch of full-scale industrialization in the early 1960s. It also emphasizes Korea's achievements, as well as remaining tasks within the four pillars of the knowledge economy, with a common theme throughout -- how Korea has narrowed the gaps in its knowledge and institutions in global competition with world leaders.

Domestic Constraints on South Korean Foreign Policy

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Author :
Publisher : Council on Foreign Relations
ISBN 13 : 0876097336
Total Pages : 106 pages
Book Rating : 4.8/5 (76 download)

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Book Synopsis Domestic Constraints on South Korean Foreign Policy by : Scott A. Snyder

Download or read book Domestic Constraints on South Korean Foreign Policy written by Scott A. Snyder and published by Council on Foreign Relations. This book was released on 2018-01-01 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays support the argument that strong and effective presidential leadership is the most important prerequisite for South Korea to sustain and project its influence abroad. That leadership should be attentive to the need for public consensus and should operate within established legislative mechanisms that ensure public accountability. The underlying structures sustaining South Korea’s foreign policy formation are generally sound; the bigger challenge is to manage domestic politics in ways that promote public confidence about the direction and accountability of presidential leadership in foreign policy.

Korea A History

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Author :
Publisher : Tuttle Publishing
ISBN 13 : 1462912486
Total Pages : 448 pages
Book Rating : 4.4/5 (629 download)

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Book Synopsis Korea A History by : Bong-youn Choy

Download or read book Korea A History written by Bong-youn Choy and published by Tuttle Publishing. This book was released on 2012-09-04 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: This detailed, scholarly history of Korea is a comprehensive political and socioeconomic history from 57 B.C. to modern times, including North and South Korea. Specializing in Korean industrial structure, economic planning, and administration, the author presents a concise yet readable historical approach to a greater understanding of Korea's position in East Asia. The author, a political scholar and experienced linguist, bases his text on primary Korean and Japanese sources, thus providing much information previously unavailable to English-speaking people. Ancient Korea is covered in the first chapter, "The Three Kingdoms," and also in the six subsequent chapters dealing with feudalism, land reform, and early Korean social structure. The thirteen succeeding chapters bring the history to modern times. They include a valuable account of Japanese colonial policy and the struggle for independence of the Korean people; the Korean War, its development, offensives, and counteroffensives; factionalism; the politics of Syngman Rhee and his twelve years of one-man rule; the background of the student revolutions; foreign relations; nationalism and neutrality; and the important comparative studies concerning Communism and the governments of North and South Korea. The concluding chapter deals with the future of Korea and its role in rapidly changing East Asia.