Koreas Growth And Industrial Transformation
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| Author | : H. Lim |
| Publisher | : Springer |
| Total Pages | : 222 |
| Release | : 1998-08-19 |
| Genre | : Political Science |
| ISBN | : 0230377939 |
This book seeks to explore the role of domestic politics in the selection of industrial policy and the different patterns of industrial transformation in East Asia. The approach taken in this book partly draws on earlier studies of industrial transformation, product cycle theory and statist theory, but combines and complements them by emphasizing the role of coalition in industrial policy and industrial transformation.
| Author | : Alice Hoffenberg Amsden |
| Publisher | : Oxford University Press, USA |
| Total Pages | : 400 |
| Release | : 1989 |
| Genre | : Business & Economics |
| ISBN | : 9780195076035 |
South Korea has been quietly growing into a major economic force, even challenging Japan in some industries. This growth may be seen as an example of "late industrialization" and this book discusses this point.
| Author | : Kim Chuk Kyo |
| Publisher | : World Scientific |
| Total Pages | : 308 |
| Release | : 2019-03-06 |
| Genre | : Business & Economics |
| ISBN | : 9813276010 |
The purpose of this book is to provide a systematic and policy-focused analysis of Korea's development performance from a historical perspective. The book begins with post-war reconstruction efforts and extends to recent developments in the Korean economy. Through a comprehensive analysis of Korea's development performance over the last six decades, the book examines in detail how development strategies and policies evolved over time, what were their consequences and underlying factors, and what lessons can be drawn from the Korean experience. A wide range of issues are discussed, including the role of government, capital accumulation, growth and structural change, industrial development and concentration, economic liberalization, human resource and technology development, social development and income distribution. The important features of the Korean development model are highlighted to draw lessons from the Korean experience.
| Author | : Seung-hun Chun |
| Publisher | : Routledge |
| Total Pages | : 460 |
| Release | : 2018-01-29 |
| Genre | : Business & Economics |
| ISBN | : 1351215728 |
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.
| Author | : Kwang Suk Kim |
| Publisher | : BRILL |
| Total Pages | : 224 |
| Release | : 2020-03-17 |
| Genre | : History |
| ISBN | : 1684172195 |
This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.
| Author | : Byung-Kook Kim |
| Publisher | : Harvard University Press |
| Total Pages | : 753 |
| Release | : 2013-03-11 |
| Genre | : History |
| ISBN | : 0674265092 |
In 1961 South Korea was mired in poverty. By 1979 it had a powerful industrial economy and a vibrant civil society in the making, which would lead to a democratic breakthrough eight years later. The transformation took place during the years of Park Chung Hee's presidency. Park seized power in a coup in 1961 and ruled as a virtual dictator until his assassination in October 1979. He is credited with modernizing South Korea, but at a huge political and social cost. South Korea's political landscape under Park defies easy categorization. The state was predatory yet technocratic, reform-minded yet quick to crack down on dissidents in the name of political order. The nation was balanced uneasily between opposition forces calling for democratic reforms and the Park government's obsession with economic growth. The chaebol (a powerful conglomerate of multinationals based in South Korea) received massive government support to pioneer new growth industries, even as a nationwide campaign of economic shock therapy-interest hikes, devaluation, and wage cuts-met strong public resistance and caused considerable hardship. This landmark volume examines South Korea's era of development as a study in the complex politics of modernization. Drawing on an extraordinary range of sources in both English and Korean, these essays recover and contextualize many of the ambiguities in South Korea's trajectory from poverty to a sustainable high rate of economic growth.
| Author | : Haeran Lim |
| Publisher | : |
| Total Pages | : 822 |
| Release | : 1996 |
| Genre | : |
| ISBN | : |
| Author | : Sang-Woo Nam |
| Publisher | : Emirates Center for Strategic Studies and Research |
| Total Pages | : 19 |
| Release | : 2020-02-12 |
| Genre | : Antiques & Collectibles |
| ISBN | : 9948341791 |
The paper examines the remarkable growth of the South Korean economy from the early 1960s to the early 2000s. This paper provides an overview of South Korea’s industrial development process, with a particular emphasis on the heavy and chemical industries’ drive in the 1970s and the impact of educational expansion and investment on technological capabilities. The paper shows how this economic growth was primarily due to an export- oriented industrialization strategy and consistent upgrades to industrial infrastructure and systems to remain competitive in the global market. One of the most important policies pursued by the government was the development of the country's human potential. The paper argues that without this investment, it would have been impossible for South Korea to emerge as one of the most innovative economies in the world. These achievements are attributable to the vision of the political leadership, a supportive government, the hard work of entrepreneurs and others who contributed their valuable human resources. It also examines the 1997 foreign exchange crisis, its causes, and impact on South Korea, as well as the lessons learned, and new policies enacted in its aftermath. The rapid build-up of industrial capabilities was the result of a substantial reduction in investment risks with comprehensive government support for financing, infrastructure, technology and manpower development. However, this also made South Korea's large multi-national industrial companies (chaebols) reckless in fiscal policies. Furthermore, a concentration of economic power and chaebol's putting family interests first — remains a cause of serious socio-political tension in South Korea. The paper concludes that South Korea’s industrial development since the early 1960s include: strong political leadership with vision and a strong commitment to economic development; industrial policy with a focus on promoting heavy and chemical industries; state-chaebol development partnership; and huge investment in human capital and technological capabilities.
| Author | : Richard B. Freeman |
| Publisher | : University of Chicago Press |
| Total Pages | : 474 |
| Release | : 2007-12-01 |
| Genre | : Political Science |
| ISBN | : 0226261840 |
During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States or is part of a general growth in inequality in advanced countries. Focusing on labor market institutions and the supply and demand forces that affect wages, the papers compare patterns of earnings inequality and pay differentials in the United States, Australia, Korea, Japan, Western Europe, and the changing economies of Eastern Europe. Cross-country studies examine issues such as managerial compensation, gender differences in earnings, and the relationship of pay to regional unemployment. From this rich store of data, the contributors attribute changes in relative wages and unemployment among countries both to differences in labor market institutions and training and education systems, and to long-term shifts in supply and demand for skilled workers. These shifts are driven in part by skill-biased technological change and the growing internationalization of advanced industrial economies.
| Author | : Byung-Nak Song |
| Publisher | : Oxford University Press, USA |
| Total Pages | : 300 |
| Release | : 1994 |
| Genre | : Business & Economics |
| ISBN | : |
This book, by a noted Korean economist, is already well known for providing a unique insider's view on Korea's impressive economic and industrial growth. The first edition of this standard work is now updated with statistics as recent as 1993. It will be of interest to students, professionals, and the general reader interested in the development of Korea.
