Koreas Industry Policy During The 1980s

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Industry Policy in Taiwan and Korea in the 1980s

Author : Heather Smith
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782543572
Total Pages : 328 pages
Book Rating : 4.5/5 (435 download)

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Book Synopsis Industry Policy in Taiwan and Korea in the 1980s by : Heather Smith

Download or read book Industry Policy in Taiwan and Korea in the 1980s written by Heather Smith and published by Edward Elgar Publishing. This book was released on 2000-01-01 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This is a very good piece of research. As a book, it is important because it focuses on important conceptual and empirical issues, namely the role of government and industrial policy in promoting rapid economic growth; and particularly the case of Taiwan as an exemplar of rapid industrial development. The author convincingly refutes the view that sector-specific industrial policy was an important source of Taiwan's rapid industrial growth in the 1980s.' - Hugh T. Patrick, Columbia University, US 'Dr Smith takes Taiwan and Korea as case studies to address fundamental questions concerning the rapid growth and subsequent financial crisis in East Asia: * were the Taiwan and Korean governments interventionist in the 1980s? * did industry policy play a role in the financial crisis of 1997-1998? Heather Smith has put together a comprehensive discussion of strategic industry policy. She analyses at length the fascinating connection between the growth of the chaebol in Korea, its links to the government and to the financial sector, and the unravelling of the financial crisis in Korea. Her analysis throws light on the fundamental strength that Taiwan has shown throughout the crisis. These are fascinating and important questions vital to the economics profession and of interest to the enormous contingent of economic commentators following the East Asian crisis.' - Ron Duncan, Australian National University, Australia The growth in global competitiveness and interdependence has led to an increased interest in the role of industrial policy in achieving economic growth objectives. Heather Smith reignites the contentious debate of the role of the state using East Asian economic development in general with particular emphasis on Taiwan and Korea. Using quantitive techniques, the author analyses the view that industry policy interventions were a necessary factor explaining Taiwan's economic performance in the 1980s.

Differences and Changes in Wage Structures

Author : Richard B. Freeman
Publisher : University of Chicago Press
ISBN 13 : 0226261840
Total Pages : 474 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis Differences and Changes in Wage Structures by : Richard B. Freeman

Download or read book Differences and Changes in Wage Structures written by Richard B. Freeman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States or is part of a general growth in inequality in advanced countries. Focusing on labor market institutions and the supply and demand forces that affect wages, the papers compare patterns of earnings inequality and pay differentials in the United States, Australia, Korea, Japan, Western Europe, and the changing economies of Eastern Europe. Cross-country studies examine issues such as managerial compensation, gender differences in earnings, and the relationship of pay to regional unemployment. From this rich store of data, the contributors attribute changes in relative wages and unemployment among countries both to differences in labor market institutions and training and education systems, and to long-term shifts in supply and demand for skilled workers. These shifts are driven in part by skill-biased technological change and the growing internationalization of advanced industrial economies.

Re-Inventing Africa's Development

Author : Jong-Dae Park
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.

To Save the Children of Korea

Author : Arissa H Oh
Publisher : Stanford University Press
ISBN 13 : 0804795339
Total Pages : 318 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis To Save the Children of Korea by : Arissa H Oh

Download or read book To Save the Children of Korea written by Arissa H Oh and published by Stanford University Press. This book was released on 2015-06-17 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: “The important . . . largely unknown story of American adoption of Korean children since the Korean War . . . with remarkably extensive research and great verve.” —Charles K. Armstrong, Columbia University Arissa Oh argues that international adoption began in the aftermath of the Korean War. First established as an emergency measure through which to evacuate mixed-race “GI babies,” it became a mechanism through which the Korean government exported its unwanted children: the poor, the disabled, or those lacking Korean fathers. Focusing on the legal, social, and political systems at work, To Save the Children of Korea shows how the growth of Korean adoption from the 1950s to the 1980s occurred within the context of the neocolonial US-Korea relationship, and was facilitated by crucial congruencies in American and Korean racial thought, government policies, and nationalisms. Korean adoption served as a kind of template as international adoption began, in the late 1960s, to expand to new sending and receiving countries. Ultimately, Oh demonstrates that although Korea was not the first place that Americans adopted from internationally, it was the place where organized, systematic international adoption was born. “Absolutely fascinating.” —Giulia Miller, Times Higher Education “ Gracefully written. . . . Oh shows us how domestic politics and desires are intertwined with geopolitical relationships and aims.” —Naoko Shibusawa, Brown University “Poignant, wide-ranging analysis and research.” —Kevin Y. Kim, Canadian Journal of History “Illuminates how the spheres of ‘public’ and ‘private,’ ‘domestic’ and ‘political’ are deeply imbricated and complicate American ideologies about family, nation, and race.” —Kira A. Donnell, Adoption & Culture

Asia's Next Giant

Author : Alice Hoffenberg Amsden
Publisher : Oxford University Press, USA
ISBN 13 : 9780195076035
Total Pages : 400 pages
Book Rating : 4.0/5 (76 download)

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Book Synopsis Asia's Next Giant by : Alice Hoffenberg Amsden

Download or read book Asia's Next Giant written by Alice Hoffenberg Amsden and published by Oxford University Press, USA. This book was released on 1989 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Korea has been quietly growing into a major economic force, even challenging Japan in some industries. This growth may be seen as an example of "late industrialization" and this book discusses this point.

Media Governance in Korea 1980–2017

Author : Daeho Kim
Publisher : Springer
ISBN 13 : 3319703021
Total Pages : 224 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis Media Governance in Korea 1980–2017 by : Daeho Kim

Download or read book Media Governance in Korea 1980–2017 written by Daeho Kim and published by Springer. This book was released on 2018-02-09 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the changes in Korea's media governance between 1980 and 2017. It addresses this change by applying media governance frameworks, which emphasizes citizen participation and the impact of globalization. It focuses on the formation of the media system in which not only government, but also the private sector and civil society, have interacted as multi-stakeholders and changed the media ecosystem from authoritarian to democratic. The Korean media sector is a rare case that shows how industrialization, democratization and informatization–with global influence–have influenced and changed media governance.

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

Author : Mr.Angel J. Ubide
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.

The Economic Development of South Korea

Author : Seung-hun Chun
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.

Credit Policies and the Industrialization of Korea

Author : Yoon-Je Cho
Publisher : World Bank Publications
ISBN 13 : 9780821332467
Total Pages : 110 pages
Book Rating : 4.3/5 (324 download)

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Book Synopsis Credit Policies and the Industrialization of Korea by : Yoon-Je Cho

Download or read book Credit Policies and the Industrialization of Korea written by Yoon-Je Cho and published by World Bank Publications. This book was released on 1995-01-01 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Discussion Paper No. 286. This report was commissioned as part of a project on the effectiveness of credit policies in East Asian countries. In the Republic of Korea, the government has played a pervasive role in promoting industrializati

Human Capital and Development

Author : Ju-Ho Lee
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.

Developmental State Building

Author : Yusuke Takagi
Publisher : Springer
ISBN 13 : 9811329044
Total Pages : 200 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Developmental State Building by : Yusuke Takagi

Download or read book Developmental State Building written by Yusuke Takagi and published by Springer. This book was released on 2019-01-18 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book modifies and revitalizes the concept of the ‘developmental state’ to understand the politics of emerging economy through nuanced analysis on the roles of human agency in the context of structural transformation. In other words, there is a revived interest in the ‘developmental state’ concept. The nature of the ‘emerging state’ is characterized by its attitude toward economic development and industrialization. Emerging states have engaged in the promotion of agriculture, trade, and industry and played a transformative role to pursue a certain path of economic development. Their success has cast doubt about the principle of laissez faire among the people in the developing world. This doubt, together with the progress of democratization, has prompted policymakers to discover when and how economic policies should deviate from laissez faire, what prevents political leaders and state institutions from being captured by vested interests, and what induce them to drive economic development. This book offers both historical and contemporary case studies from Japan, South Korea, Taiwan, Singapore, Indonesia, Malaysia, Myanmar, Ethiopia, Kenya, and Rwanda. They illustrate how institutions are designed to be developmental, how political coalitions are formed to be growth-oriented, and how technocratic agencies are embedded in a network of business organizations as a part of their efforts for state building.

The Transformation of the World Economy, 1980-93

Author : Robert Solomon
Publisher : Springer
ISBN 13 : 1349236756
Total Pages : 243 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis The Transformation of the World Economy, 1980-93 by : Robert Solomon

Download or read book The Transformation of the World Economy, 1980-93 written by Robert Solomon and published by Springer. This book was released on 1994-10-28 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transformation since 1980 of many industrial countries, Communist nations and numerous developing countries entails a shift away from government involvement in economies toward greater reliance on market forces. This book analyses these dramatic changes in the context of the increasing economic interdependence under the influence of the revolution in computer technology and telecommunications.

Financial Liberalization and Economic Development in Korea, 1980-2020

Author :
Publisher : BRILL
ISBN 13 : 1684176301
Total Pages : 336 pages
Book Rating : 4.6/5 (841 download)

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Book Synopsis Financial Liberalization and Economic Development in Korea, 1980-2020 by :

Download or read book Financial Liberalization and Economic Development in Korea, 1980-2020 written by and published by BRILL. This book was released on 2022-03-07 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 1980s, Korea’s financial development has been a tale of liberalization and opening. After the 1997 financial crisis, great strides were made in building a market-oriented financial system through sweeping reforms for deregulation and the opening of financial markets. However, the new system failed to steer the country away from a credit card boom and bust in 2003, a liquidity crisis in 2008, and a run on its savings banks in 2011, and has been severely tested again by the ongoing COVID-19 pandemic crisis. Financial liberalization, clearly, has been no panacea. This study analyzes the deepening of and structural changes in Korea’s financial system since the early 1980s and presents the empirical results of the effects of financial development on economic growth, stability, and the distribution of income. It finds that, contrary to conventional wisdom, financial liberalization has contributed little to fostering the growth and stability of the Korean economy and has exacerbated income distribution problems. Are there any merits in financial liberalization? The authors answer this query through empirical examinations of the theories of finance and growth. They point to a clear need to further improve the efficiency, soundness, and stability of Korean financial institutions and markets.

The Political Economy of Democratic Transitions

Author : Stephan Haggard
Publisher : Princeton University Press
ISBN 13 : 9780691027753
Total Pages : 410 pages
Book Rating : 4.0/5 (277 download)

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Book Synopsis The Political Economy of Democratic Transitions by : Stephan Haggard

Download or read book The Political Economy of Democratic Transitions written by Stephan Haggard and published by Princeton University Press. This book was released on 1995 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1970s there has been a widespread movement from authoritarian to democratic rule among developing countries, often occuring against a backdrop of severe economic crises and the adoption of market-oriented reforms. This book analyzes this relationship, addressing a variety of questions.

The Korean Economic System

Author : Jae-Seung Shim
Publisher : Routledge
ISBN 13 : 1317026462
Total Pages : 246 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis The Korean Economic System by : Jae-Seung Shim

Download or read book The Korean Economic System written by Jae-Seung Shim and published by Routledge. This book was released on 2016-03-03 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the formation of the Korean economic system, this book presents a fascinating and comprehensive analysis of economic development outside of the traditional neo-classical, developmental-state and dependency perspectives. It examines in detail the evolution of institutions that contributed to economic growth and the formation and the workings of the economic system. With an emphasis on the interaction between government, private institutions (Chaebol and financial institutions) and the influence of Japan, it offers one of the most stimulating and distinctive views of Korean economic development to date. It will be of key interest to scholars and researchers of financial growth and development, Asian finance, and regional and heterodox economics.

Dynamics of Economic Spaces in the Global Knowledge-based Economy

Author : Sam Ock Park
Publisher : Routledge
ISBN 13 : 1317808541
Total Pages : 321 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis Dynamics of Economic Spaces in the Global Knowledge-based Economy by : Sam Ock Park

Download or read book Dynamics of Economic Spaces in the Global Knowledge-based Economy written by Sam Ock Park and published by Routledge. This book was released on 2014-09-19 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses how economic spaces dynamically change within the context of the global knowledge-based economy. Specifically, it centers the discussion on integrated views of understanding and conceptualizing dynamic changes of global economy under the global megatrends of globalization, knowledge-based economy, information society, service world, climate change, and population aging. Focusing on East Asia, especially on Korea, it deals with case studies regarding the processes and patterns of these global dynamics, looking at economic spaces of various spatial scales and types of economic actors. This book develops a theoretical model for understanding and analysing the dynamics of economic spaces that are being reshaped within the larger global economy. It also emphasizes the analysis of empirical studies at the level of firm, region, and state by considering an evolutionary perspective over time. In developing its theoretical framework, this book examines regional resilience, intangible assets, service innovation, path dependence, and other notions related to the evolution of economic spaces, and incorporates these elements into real-world case studies. The integrated theoretical framework examined here contributes a new perspective on spatial disparities in the global economy. An integral model of service innovation; the integration of path dependence and regional resilience; the interaction between firm and region for the accumulation of intangible assets; and the roles of governments and global firms: these are all essential to understanding the dynamics of economic spaces in East Asia. The theoretical model and case studies in this book suggest policy implications for developing countries, especially in the Asian and African regions, with regard to regional development and innovation policies.

South Korea Since 1980

Author : Uk Heo
Publisher : Cambridge University Press
ISBN 13 : 0521743532
Total Pages : 225 pages
Book Rating : 4.5/5 (217 download)

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Book Synopsis South Korea Since 1980 by : Uk Heo

Download or read book South Korea Since 1980 written by Uk Heo and published by Cambridge University Press. This book was released on 2010-06-28 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the changes in politics, economics, society, and foreign policy in South Korea since 1980. Starting with a brief description of its history leading up to 1980, this book deals with South Korea's transition to democracy, the stunning economic development achieved since the 1960s, the 1997 financial crisis, and the economic reforms that followed and concludes with the North Korean nuclear crisis and foreign relations with regional powers. The theoretical framework of this book addresses how democratization affected all of these dimensions of South Korea. For instance, democratization allowed for the more frequent alternation of political elites from conservative to liberal and back to conservative. These elites initiated different policies for dealing with North Korea and held different views on South Korea's role in its alliance with the United States. Consequently, ideological divides in South Korean politics became more stark and the political process more combative.