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The Tortuous Path of South Korean Economic Development
This 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.
The Tortuous Path of South Korean Economic Development
This 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.
The Oxford Handbook of Industrial Policy
Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competitiveness, catching up, and structural change in both advanced and developing countries. It has also been one of the most contested perspectives, reflecting ideologically inflected debates and shifts in prevailing ideas. There has lately been a renewed interest in industrial policy in academic circles and international policy dialogues, prompted by the weak outcomes of policies pursued by many developing countries under the direction of the Washington Consensus (and its descendants), the slow economic recovery of many advanced economie...
Asia Pacific Dynamism 1550-2000
First Published in 2004. Routledge is an imprint of Taylor & Francis, an informa company.
Collaborative Regional Development in Northeast Asia
Against the background of accelerating globalization and growing economic interdependence in Northeast Asia over the past two decades, including the recent global economic crisis, this book sets out to examine the status and prospect of cross-border cooperation. It has synthesized diverse strands of discussion and different country perspectives to highlight the challenges and opportunities of collaborative regional development in Northeast Asia. Distinct from previous studies, this book attempts to capture international, national, and local viewpoints in regional development. Practical experience across countries has been analyzed and consolidated to form the basis of a policy agenda for cro...
The Social Impact of the Asian Financial Crisis
This volume presents a scholarly insider's perspective on the Asian economic crisis, examining the social, economic and political consequences of the crisis in six influential Asian economies: Indonesia, Korea, Malaysia, the Philippines, Taiwan and Thailand. Each chapter contains an analysis of the events leading up to and during the crisis, the social impacts and an assessment of possible futures for these countries. The contributors expertise and use of up-to-date data ensures an integrated approach by which the process of economic change can be understood. The book reveals that professional workers in the urban financial sector, as well as manual labourers in the export sector, felt the most dramatic effects. Impacts on the latter group resulted in a significant rise in the population living below the poverty line. The book emphasises the previous absence of strong social security 'nets' and the need to strengthen macroeconomic policies and institutional, legal, regulatory and supervisory structures. Other topics covered include intractable government corruption and fiscal management.
From Crisis To Recovery: East Asia Rising Again?
It is interesting to note that after two years of recession in East Asia, almost all the countries in this region are rising again. In the wake of that sudden onslaught on the economies of East Asia, many new questions have come to the fore (and are waiting for the right answers), such as: How could the Asian countries have become so weak as to totally succumb to the financial crisis? What were the real causes of the crisis? What policy measures have the affected countries taken to combat the crisis and how effective have they been? As for the argument of “hands-off policy” versus “government intervention”, which approach was more appropriate for curbing the expansion of the crisis? ...
International Environmental Law in the Asia Pacific
The purpose of this book is to assess the development of international environmental law in the Asia Pacific. Consideration is given to the impact upon the region of global, regional and subregional environmental law. An assessment is also undertaken of how certain states, and groups of states, have responded domestically and within their own subregions to these developments. For the purposes of this book the Asia Pacific is defined as essentially the states which comprise East and Southeast Asia, Australia, New Zealand and the island states of the Southwest Pacific. Occasional consideration is also given to the states of South Asia.
Whither APEC?
Analyses various aspects of economic cooperation among 18 Pacific-Rim countries, members of the Asia Pacific Economic Cooperation (APEC) forum. Covers trends in the 1990s and gives projections to 2020.
Political Economy of Northeast Asian Regionalism
Functional integration in the economy has developed sufficiently in Northeast Asia. This study proposes a Northeast Asian version of the regional integration model. It suggests a crisis model and a political leadership model, with political leadership playing a critical role in utilizing crises to advance regional integration.
