ENGLISH

Korea's Economic Miracle: Fading or Reviving?

Book information

Year
2002
ISBN
0333924991, 9780333924990, 9781403920195
LCC
HC467 .H3675 2002
Open Library ID
OL22489898M
Language
english
Format
PDF
Filesize
666 kB (681590 bytes)
Pages
336\259
Topic
Economy
Time added
2011-06-04 13:46:07

Description

Korea experiences a traumatic and largely unanticipated economic crisis in 1997-98 from which the country is still recovering. The crisis laid bare numerous structural, economic, and policy weaknesses. The authors 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. As the country undertakes a series of recovery measures, the authors consider the importance of the ongoing restructuring efforts in the corporate and banking sectors, the development of the 'new economy', and the potential economic advantages to be derived from reunification with the North.

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