Learning From The South Korean Developmental Success
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Learning From The South Korean Developmental Success
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Author : Ilcheong Yi
language : en
Publisher: Springer
Release Date : 2014-04-13
Learning From The South Korean Developmental Success written by Ilcheong Yi and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04-13 with Business & Economics categories.
This analysis of South Korea's development experience can present lessons for development in the 21st century. Situating the development experience of South Korea within the framework of the capability enhancing state, this volume examines the empowering institutions and policies of South Korea between 1945 and 2000.
Learning From The South Korean Developmental Success
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Author : Ilcheong Yi
language : en
Publisher: Springer
Release Date : 2014-04-13
Learning From The South Korean Developmental Success written by Ilcheong Yi and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04-13 with Business & Economics categories.
This analysis of South Korea's development experience can present lessons for development in the 21st century. Situating the development experience of South Korea within the framework of the capability enhancing state, this volume examines the empowering institutions and policies of South Korea between 1945 and 2000.
Social Policy In A Development Context
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Author : T. Mkandawire
language : en
Publisher: Springer
Release Date : 2004-11-10
Social Policy In A Development Context written by T. Mkandawire and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-11-10 with Business & Economics categories.
Drawing upon both conceptual and empirical evidence, this volume argues the case for the centrality of social policy in development, focusing particularly on the message that social policy needs to be closely intertwined with economic policy. It is argued that social policy can provide the crucial link between economic development poverty eradication and equity. This volume is a significant contribution to thinking about social policy in a development context.
The Economic Development Of South Korea
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Author : Seung-hun Chun
language : en
Publisher: Routledge
Release Date : 2018-01-29
The Economic Development Of South Korea written by Seung-hun Chun and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-29 with Business & Economics categories.
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.
The Strategy For Korea S Economic Success
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Author : Hwy-Chang Moon
language : en
Publisher: Oxford University Press
Release Date : 2016-04-01
The Strategy For Korea S Economic Success written by Hwy-Chang Moon and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-01 with Business & Economics categories.
Korea's economic success has inspired numerous studies and research projects in past decades. Despite good efforts to analyze the strategy of Korea, earlier studies have not been able to comprehensively and systematically explain the country's "miraculous" growth. After thorough analysis of these earlier studies, a new model has been developed by showing that a country or firm does not have to be more innovative or possess more resources to have a competitive advantage over others. In The Strategy for Korea's Economic Success, Hwy-Chang Moon details four factors that comprise the ABCD model and illustrates how the Korean government, corporations, and people have exemplified these factors in achieving their current level of success. The four factors are agility (speed + precision), benchmarking (learning + best practices), convergence (mixing + synergy), and dedication (diligence + goal-orientation). Together, these factors have enabled Korea's economic success and will continue to drive the next level of growth. Anyone can become more competitive with proper implementation of the ABCDs. Korea's development strategy holds special value, because it is more practical and appropriate for many developing countries. For more developed countries, on the other hand, the ABCDs can be used to fast-track the next phase of growth. Moon also highlights the role of internationalization in broadening the scope of strategic choices, and shows how the combined implementation of internationalization and the ABCDs deepens the pool of strategic resources.
Developmental Mindset
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Author : Elizabeth Thurbon
language : en
Publisher: Cornell University Press
Release Date : 2016-03-31
Developmental Mindset written by Elizabeth Thurbon and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-31 with Business & Economics categories.
The Asian financial crisis of 1997–1998 was supposed to be the death knell for the developmental state. The International Monetary Fund supplied emergency funds for shattered economies but demanded that states liberalize financial markets and withdraw from direct involvement in the economy. Financial liberalization was meant to spell the end of strategic industry policy and the state-directed "policy lending" it involved. Yet, largely unremarked by analysts, South Korea has since seen a striking revival of financial activism. Policy lending by state-owned development banks has returned the state to the core of the financial system. Korean development banks now account for one quarter of all loans and take the lead in providing low-cost finance to local manufacturing firms in strategic industries. Elizabeth Thurbon argues that an ideational analysis can help explain this renewed financial activism. She demonstrates the presence of a "developmental mindset" on the part of political leaders and policy elites in Korea. This mindset involves shared ways of thinking about the purpose of finance and its relationship to the productive economy. The developmental mindset has a long history in Korea but is subject to the vicissitudes of political and economic circumstances. Thurbon traces the structural, institutional, political, and ideational factors that have strengthened and at times weakened the developmental consensus, culminating in the revival of financial activism in Korea. In doing so, Thurbon offers a novel defense of the developmental state idea and a new framework for investigating the emergence and evolution of developmental states. She also canvasses the implications of the Korean experience for wider debates concerning the future of financial activism in an era of financialization, energy insecurity, and climate change.
The South Korean Development Experience
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Author : E. Kim
language : en
Publisher: Springer
Release Date : 2014-06-25
The South Korean Development Experience written by E. Kim and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-25 with Social Science categories.
This volume explores South Korea's successful transition from an underdeveloped, authoritarian country to a modern industrialized democracy. South Korea's experience of foreign aid gives a unique perspective on how to use foreign aid for economic development as well as how to build a strong partnership between developed and developing countries.
Asian Transformations
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Author : Deepak Nayyar
language : en
Publisher: Oxford University Press
Release Date : 2019
Asian Transformations written by Deepak Nayyar and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Business & Economics categories.
Including in-depth contributions by eminent economists and social scientists, Asian Transformations examines the phenomenal changes transforming economies in this continent and shifting the balance of economic power in the world, while reflecting on the future prospects in Asia over the next twenty-five years.
Strategic Coupling
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Author : Henry Wai-chung Yeung
language : en
Publisher: Cornell University Press
Release Date : 2016-05-24
Strategic Coupling written by Henry Wai-chung Yeung and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-24 with Political Science categories.
In Strategic Coupling, Henry Wai-chung Yeung examines economic development and state-firm relations in East Asia, focusing in particular on South Korea, Taiwan, and Singapore. As a result of the massive changes of the last twenty-five years, new explanations must be found for the economic success and industrial transformation in the region. State-assisted startups and incubator firms in East Asia have become major players in the manufacture of products with a global reach: Taiwan's Hon Hai Precision has assembled more than 500 million iPhones, for instance, and South Korea’s Samsung provides the iPhone’s semiconductor chips and retina displays.Drawing on extensive interviews with top executives and senior government officials, Yeung argues that since the late 1980s, many East Asian firms have outgrown their home states, and are no longer dependent on state support; as a result the developmental state has lost much of its capacity to steer and direct industrialization. We cannot read the performance of national firms as a direct outcome of state action. Yeung calls for a thorough renovation of the still-dominant view that states are the primary engine of industrial transformation. He stresses action by national firms and traces various global production networks to incorporate both firm-specific activities and the international political economy. He identifies two sets of dynamics in these national-global articulations known as strategic coupling: coevolution in the confluence of state, firm, and global production networks, and the various strategies pursued by East Asian firms to attain competitive positions in the global marketplace.
The Korean Developmental State
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Author : Kyung Mi Kim
language : en
Publisher: Springer Nature
Release Date : 2020-04-25
The Korean Developmental State written by Kyung Mi Kim and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-25 with Business & Economics categories.
This book analyzes, from a historical comparative perspective, the Korean economic development model, the extent to which it has changed from its classical model, and what constitutes its changes and continuity. Unlike studies claims the dissolution of Korean developmentalism, the book holds that the Korean state maintains its characteristics of state-led capitalism despite significant changes in policies and instruments rather than converge toward an AngloSaxon-style free market system. It emphasizes that the continuity of state-led capitalism is compatible with institutional change. Some institutionalists insist that the continuity of Korean developmentalism is based on path dependency. In contrast, this book argues that Korean capitalism could sustain its state developmentalism by changes in policies and instruments to improve national industrial competitiveness in the changed context of international competition. This book will be of interest to East Asian scholars, comparative economists, and those curious about the future of the Korean peninsula.