Catch Up And Crisis In Korea

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Catch Up And Crisis In Korea

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Author : Wontack Hong
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002

Catch Up And Crisis In Korea written by Wontack Hong and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.

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.

Economic Catch Up And Technological Leapfrogging

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Author : Keun Lee
language : en
Publisher: Edward Elgar Publishing
Release Date : 2016-08-26

Economic Catch Up And Technological Leapfrogging written by Keun Lee and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-26 with Business & Economics categories.

This book elaborates upon the dynamic changes to Korean firms and the economy from the perspective of catch-up theory. The central premise of the book is that a latecomer’s sustained catch-up is not possible by simply following the path of the forerunners but by creating a new path or ‘leapfrogging’. In this sense, the idea of catch-up distinguishes itself from traditional views that focus on the role of the market or the state in development.

The Korean Government And Public Policies In A Development Nexus

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Author : Jongwon Choi
language : en
Publisher: Springer
Release Date : 2017-02-08

The Korean Government And Public Policies In A Development Nexus written by Jongwon Choi and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02-08 with Political Science categories.

This volume chronicles the policy challenges and adaptations faced and made by the South Korean government during the post-industrialization and democratization period. Following the model set by the first volume in the series, which covered the economic and social development during the developmental period from the 1960s to the 1980s, this volume examines how and to what extent the South Korean government has adapted to a variety of political, economic and social transformations since the 1990s. The book is divided in two parts. Part I reviews the changing policy environments and government policy paradigms in the wake of industrialization and democratization, focusing on the reorganization and coordination of government ministries and agencies. Part II explores key public policy areas, such as economics, social welfare, and foreign relations, where the South Korean government has successfully adapted to new policy challenges and environments. Drawing policy implications for the future actions of the South Korean government as well as for those countries wishing to replicate South Korea’s success and avoid its errors, this book of interest to both scholars and policy-makers concerned with development in the Asia-Pacific.

Restructuring Korea Inc

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Author : Jang-Sup Shin
language : en
Publisher: Routledge
Release Date : 2003-01-16

Restructuring Korea Inc written by Jang-Sup Shin and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-01-16 with Business & Economics categories.

The 1997 South Korean financial crisis not only shook the country itself but also sent shock waves through the financial world at large. This impressive book critically assesses the conventional wisdom surrounding the Korean crisis and the performance of the IMF-sponsored reform programme.Looking first at the strengths and weaknesses of 'Korea Inc.

Brazil And South Korea

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Author : Edmund Amann
language : en
Publisher: University of London Press
Release Date : 2004

Brazil And South Korea written by Edmund Amann and has been published by University of London Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.

The 1990s saw lower- and middle-income countries throughout the world come under pressure to open their domestic markets to international trade and investment. Despite the progressive implementation of market-friendly policies, many emerging market countries experienced financial market volatility, exchange rate collapse, and slumps in output. These problems profoundly affected two of the world's largest middle-income industrialized countries —Brazil and South Korea. Despite superficial similarities, prior to the onset of crisis both countries had very different models of industrialization and had adopted contrasting approaches to trade and market reform.This collection analyzes the factors underlying the economic crises in South Korea and Brazil, pointing out areas of similarity and divergence. It also reviews the paths of recovery taken by both economies, examining the role of policy and variations in structural characteristics. Contributors include André Averburg (United Nations Development Programme/ Banco Nacional de Desenvolvimento Econômico e Social, Brazil), Fabio Giambiagi (Banco Nacional de Desenvolvimento Econômico e Social), Andrea Goldstein (OECD Development Centre), Louise Haagh (Department of Politics, University of York), Tat Yan Kong (School of Oriental and African Studies, University of London), José Ricardo Ramalho (Federal University of Rio de Janeiro, Brazil), Ben Ross Schneider (Center for International and Comparative Studies, Northwestern University), and Jaang-Sup Shin (Department of Economics, National University of Singapore).

Catching Up Crisis And Industrial Upgrading Evolutionary Aspects Of Technological Learning In Korea S Electronics Industry

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Author : Dieter Ernst
language : en
Publisher:
Release Date : 2016

Catching Up Crisis And Industrial Upgrading Evolutionary Aspects Of Technological Learning In Korea S Electronics Industry written by Dieter Ernst and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.

This paper addresses a puzzle: How is it possible that a country that has established a broad, export-oriented industrial base at record speed, remains vulnerable to the vicissitudes of international finance and currency markets? I argue that the Korean model that was tremendously successful for catching-up, has now reached its limits. The analysis centers on the co-evolution of industry structure and firm behavior. The focus is on the role of technological learning for the development of the electronics industry, a main carrier of Korea ́s successful late industrialization. It is shown that a heavy reliance on credit and an extremely unbalanced industry structure have given rise to a narrow knowledge base and a sticky pattern of specialization. Catching-up has focused on capacity and international market share expansion for homogeneous, mass-produced products; very little upgrading has occurred into higher-end and rapidly growing market segments for differentiated products and services. Such truncated upgrading is one important reason for Korea ́s vulnerability to the financial and currency crisis.

Catching Up And Post Crisis Industrial Upgrading

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Author : Dieter Ernst
language : en
Publisher:
Release Date : 2000

Catching Up And Post Crisis Industrial Upgrading written by Dieter Ernst and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Electronic industries categories.

Factor Supply And Factor Intensity Of Trade In Korea

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Author : Wontack Hong
language : en
Publisher:
Release Date : 1976

Factor Supply And Factor Intensity Of Trade In Korea written by Wontack Hong and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Business & Economics categories.

Economic Development Of Emerging East Asia

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Author : Frank S.T. Hsiao
language : en
Publisher: Anthem Press
Release Date : 2017-09-27

Economic Development Of Emerging East Asia written by Frank S.T. Hsiao and has been published by Anthem Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-27 with Business & Economics categories.

Economic Development of Emerging East Asia presents economic studies of Taiwan and South Korea, compares them chiefly with Japan and the United States and finds that these East Asian countries are still in the process of emerging in the world economy. A timely quantitative and econometric analysis of the regional economies of emerging East Asia, the volume examines development indicators, effects of the 1997 Asian financial crisis, productivity growth, catching up and convergence of long run real GDP per capita growth, the time required for a country to catch up, colonialism and economic development in Taiwan and India. Arranged in increasing complexity of economic analyses, the chapters in this book provide a comprehensive understanding of emerging East Asian economies. In addition to serving as a handy reference for regional economists, policy analysts and researchers, Economic Development of Emerging East Asia can also be used as a textbook on economics and business.

Catch Up Industrialization

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Author : Akira Suehiro
language : en
Publisher: NUS Press
Release Date : 2008

Catch Up Industrialization written by Akira Suehiro and has been published by NUS Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.

Catch-Up Industrialization is an innovative examination of how the political ideology of 'developmentalism' has driven East Asian economic growth. The author considers innovative production and management techniques, the patterns of industrial relations, and the way education shapes the workforce, using this information to assess late 20th century East Asian economic development based on economic liberalization and the rapid diffusion of information technology.The term 'catch-up' links developing and developed countries, and defines the socioeconomic mindset common to high-growth societies of Asia. The author's argument differs from neoclassical approaches emphasizing the workings of the market, statist ones emphasizing policy rather than private initiatives, business studies lacking macroeconomic and global perspectives, work by development economists based on agriculture, and World BankIMF studies that lack socio-cultural and historical understanding.