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About this product
Product Identifiers
PublisherCambridge University Press
ISBN-101009419315
ISBN-139781009419314
eBay Product ID (ePID)20061946254
Product Key Features
Book TitleTortuous Path of South Korean Economic Development
Number of Pages380 Pages
LanguageEnglish
TopicEconomic History, Development / Economic Development
Publication Year2023
IllustratorYes
GenreBusiness & Economics
AuthorJaymin Lee
FormatTrade Paperback
Dimensions
Item Height1.1 in
Item Length9 in
Item Width5.9 in
Additional Product Features
TitleLeadingThe
Reviews'In six short decades, South Korea has been transformed from one of the poorest economies on the planet into a manufacturing and export powerhouse. In this important volume, Jaymin Lee places this experience in its historical and comparative context. Looking back and at international comparisons enables Professor Lee to gauge Korea's economic prospects going forward. Will the economic miracle continue? Readers anxious to know should consult this book for answers.' Barry Eichengreen, George C. Pardee & Helen N. Pardee Chair and Distinguished Professor of Economics and Political Science, University of California, Berkeley
Dewey Edition23
Dewey Decimal338.95195
Table Of Content1. South Korean Economic Development in Perspective; 2. The Great Tradition that Failed; 3. Some Lights in the Dark; 4. Kicking Off the Miracle; 5. Contours of the High Economic Growth; 6. Industrial Policy and Chaebol; 7. Growth with Equity?; 8. Crisis and Reform; 9. The Slowing Engine of Growth; 10. Industrial Policy and Firms; 11. Inequality, Jobs, and Welfare; 12. Questions for the Future; Appendices; References; Index.
SynopsisThis book explains how South Korea has uniquely transformed itself from a developing to a developed country by combining economic analysis with historical perspective, an approach badly needed but rarely taken by previous studies. The book shows that the country has done so through a tortuous process. It first explains how Korea failed earlier in history to emerge as a developing rather than a developed country after the Second World War but South Korea began to grow rapidly in the 1960s. It then explains that the country has sustained growth while undergoing recurring crises, examining three conditions for sustaining growth: macroeconomic management, structural transformation, and social conflict management. While doing so, the book interprets some important subjects differently from the previous studies; it also explains some other important subjects they have not covered sufficiently. The book finally discusses questions for the future briefly., This book explains how South Korea has uniquely transformed itself from a developing to a developed country by combining economic analysis with historical perspective. The book shows that the path has been a tortuous one, involving earlier failure in history and recurring crises after the high growth began.