Crisis In Korea
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Crisis In Korea
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Author : Yossef Bodansky
language : en
Publisher: SP Books
Release Date : 1994
Crisis In Korea written by Yossef Bodansky and has been published by SP Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with History categories.
First in a new series of titles examining current world events. Terrorism and unconventional warfare expert Yossef Bodansky focuses on the volatile North Korean leaders who could at any moment plunge the West into nuclear war.
Crisis In Korea
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Author : Korea Committee
language : en
Publisher: Nottingham : Bertrand Russell Peace Foundation for Spokesman Books
Release Date : 1977
Crisis In Korea written by Korea Committee and has been published by Nottingham : Bertrand Russell Peace Foundation for Spokesman Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with History categories.
Recurring Economic Crisis In Korea
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Author : Jong Kyu Lee
language : en
Publisher: Nova Publishers
Release Date : 2008
Recurring Economic Crisis In Korea written by Jong Kyu Lee and has been published by Nova Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
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.
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 Crisis And Corporate Restructuring In Korea
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Author : Stephan Haggard
language : en
Publisher: Cambridge University Press
Release Date : 2003-02-26
Economic Crisis And Corporate Restructuring In Korea written by Stephan Haggard and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-02-26 with Business & Economics categories.
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.
South Korea
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Author : Young-Chan Kim
language : en
Publisher: Elsevier
Release Date : 2008-12-30
South Korea written by Young-Chan Kim and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12-30 with Business & Economics categories.
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
South Koreans In The Debt Crisis
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Author : Jesook Song
language : en
Publisher: Duke University Press
Release Date : 2009-08-18
South Koreans In The Debt Crisis written by Jesook Song and has been published by Duke University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-08-18 with Social Science categories.
South Koreans in the Debt Crisis is a detailed examination of the logic underlying the neoliberal welfare state that South Korea created in response to the devastating Asian Debt Crisis (1997–2001). Jesook Song argues that while the government proclaimed that it would guarantee all South Koreans a minimum standard of living, it prioritized assisting those citizens perceived as embodying the neoliberal ideals of employability, flexibility, and self-sufficiency. Song demonstrates that the government was not alone in drawing distinctions between the “deserving” and the “undeserving” poor. Progressive intellectuals, activists, and organizations also participated in the neoliberal reform project. Song traces the circulation of neoliberal concepts throughout South Korean society, among government officials, the media, intellectuals, NGO members, and educated underemployed people working in public works programs. She analyzes the embrace of partnerships between NGOs and the government, the frequent invocation of a pervasive decline in family values, the resurrection of conservative gender norms and practices, and the promotion of entrepreneurship as the key to survival. Drawing on her experience during the crisis as an employee in a public works program in Seoul, Song provides an ethnographic assessment of the efforts of the state and civilians to regulate social insecurity, instability, and inequality through assistance programs. She focuses specifically on efforts to help two populations deemed worthy of state subsidies: the “IMF homeless,” people temporarily homeless but considered employable, and the “new intellectuals,” young adults who had become professionally redundant during the crisis but had the high-tech skills necessary to lead a transformed post-crisis South Korea.
Economic Crisis And Korea Taiwan
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Author : Makoto Abe
language : en
Publisher:
Release Date : 1999
Economic Crisis And Korea Taiwan written by Makoto Abe and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Asia categories.
The Causes Of The Imf Crisis In South Korea What Experts Say
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Author : Juhyuk Park
language : en
Publisher:
Release Date : 2021-01-08
The Causes Of The Imf Crisis In South Korea What Experts Say written by Juhyuk Park and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-08 with categories.
Seminar paper from the year 2011 in the subject Economics - Finance, grade: A, The University of North Carolina at Chapel Hill, course: Advanced Macroeconomics, language: English, abstract: What had happened to Korea, and why did the nation have to face the IMF crisis in 1997 all of a sudden? To see what the causes for the crisis were, analyses from six essays of scholars and experts in the field of economics will be introduced and compared. While they have similar and different views for the causes at the same time, their views can be grouped into two categories: internal factors and external factors. When the Korean currency crisis broke out, the IMF and many scholars focused the whole crisis on Korea's internal problems. However, there are many other scholars who attribute the causes not only to internal but also to external problems. The experts who see the causes as internal problems think the crisis originated from internal factors of Korea such as policy mistakes, highly leveraged corporate sectors, and banking system. The external factors refer to the external shocks such as contagion effect from South-east financial crisis and appreciation of Japanese yen. Although all the causes for the crisis are closely related with each other, addressing the causes separately would give people better understanding of the context. On Nov. 1997, Korea faced the IMF crisis, or also known as the financial crisis, which caused severe damage to the Korean economy. The new OECD member was reduced from being the world's eleventh largest economy to an economy surviving on overnight loans from the international money markets. The won, the Korean currency, fell by more than 50 percent against the US dollar. Also, KOSPI (the Korea Composite Stock Price Index) fell by thirty percent, and the short-term interest rate shot up to forty percent per year. Consequently, on Dec. 1997, Korea called the IMF for rescue, owing $58.3 billion of financial aid. As shown in table 1 and 2 in the
Korean Political And Economic Development
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Author : Jongryn Mo
language : en
Publisher: BRILL
Release Date : 2020-10-26
Korean Political And Economic Development written by Jongryn Mo and has been published by BRILL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-26 with History categories.
"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."