The South Korean economy
Author(s)
Bibliographic Information
The South Korean economy
(World economies)
Agenda, 2022
- : hardcover
Available at 1 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references (p.185-199) and index
Description and Table of Contents
Description
South Korea has the tenth largest economy in the world and is one of only two Asian members of the OECD. It has achieved this remarkable level of economic development since its independence from Japan in 1945. Indeed, it has achieved this transformation, exceptional for any postcolonial state, despite one of the most brutal fratricidal conflicts fought since the Second World War. Sunil Kim and Jonson Porteux chart this astonishing economic and political development and explain the puzzle that is the South Korean economy.
The authors examine how South Korea has developed a highly innovative economy based on advanced technologies and infrastructure - counter-intuitively, given its postcolonial legacy of military leaders and lack of fully developed free markets. The longstanding family-owned and run industrial conglomerates - the chaebol - characteristic of the Korean economy are shown to have been behind the shift to high-tech industrialization, albeit under the strict influence of the state. The challenges of increased global interconnectedness, the precarious and fragile relationship with North Korea, the slowdown of domestic demand, recent assaults on the chaebol and their families, together with the impact of the Covid-19 pandemic, are furthermore addressed.
The book offers new insights and frameworks for understanding the fascinating history and future trajectory of South Korea's political economy as well as the causes and consequences of industrialization and democratization more generally.
Table of Contents
1. Introducing the South Korean economy
2. Explaining the South Korean "miracle"
3. The transformation of state-business relations
4. Making the economy: the state-labour nexus and the Korean miracle
5. Measuring the Korean economy
6. The Korean economy: the human factor
7. Consequences of economic development
8. Conclusion
by "Nielsen BookData"