Korea's economic miracle : fading or reviving?
Author(s)
Bibliographic Information
Korea's economic miracle : fading or reviving?
Palgrave Macmillan, 2003
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Note
Includes bibliographical references (p. 231-238) and index
Description and Table of Contents
Description
Korea, one of the original 'Tiger Economies', experiences a traumatic and largely unanticipated economic crisis in 1997-98 from which the country is still recovering. Despite having achieved spectacular economic advances from the early 1960s, the crisis laid bare numerous structural, economic and policy weaknesses. Charles Harvie and Hyun-Hoon Lee 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. Is the Korean economy still fading or is its revival underway? 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.
Table of Contents
List of Tables List of Figures Acknowledgements Introduction PART I Korea's Economic Miracle 1962-89 The Fading Miracle 1990-97 PART II Financial Crisis, IMF Bailout and its Aftermath PART III Post Crisis Macroeconomic Policy Framework and Structural Reform: Reviving the Old Economy Boom in Information and Communications Technology Industries: New Economy Emerging? Economic Integration with North Korea: Expanding a New Economic Territory PART IV Challenges and Prospects in the Twenty-First Century
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