Book Description
One of the most comprehensive texts on the political economy of Korea available Up-to-date - goes up to 1999
Author : Tat Yan Kong
Publisher : Routledge
Page : 297 pages
File Size : 36,11 MB
Release : 2013-10-11
Category : Social Science
ISBN : 1136183981
One of the most comprehensive texts on the political economy of Korea available Up-to-date - goes up to 1999
Author : Nicholas Eberstadt
Publisher : Routledge
Page : 466 pages
File Size : 12,64 MB
Release : 2017-09-04
Category : Business & Economics
ISBN : 1351478265
Viewed from afar, North Korea may appear bizarre, or positively irrational. But as Nicholas Eberstadt demonstrates in this meticulously researched volume, there is a grim coherence to North Korea's political economy, and a ruthless logic undergirding it--one that unreservedly subordinates economic welfare to augmentation of political power. Thus, paradoxically, even as official policies and practices consign the DPRK economy to a perilous realm between crisis and catastrophe, the country's leadership maintains unchallenged domestic control and has actually managed to increase its international influence.Through painstaking collection of hard-to-uncover data and careful analysis, Eberstadt provides a quantitative tableau of North Korea's terrible failure in its economic race against South Korea; its stubborn adherence to policies all but guaranteed to stifle growth and undermine economic performance; and the longstanding official effort to ignore, or mitigate, pressures for economic reform.Eberstadt is skeptical of optimistic accounts from South Korea and elsewhere suggesting that the North Korean leadership is interested in resolving the current nuclear impasse, and getting on with the business of reform and development. So long as Pyongyang's rulers entertain the ambition of reunifying the Korean peninsula on its own terms, Eberstadt argues, economic reforms worthy of the name will be subversive of state authority--and vigilantly resisted by Pyongyang's rulers. This authoritative volume has received widespread attention from Asian specialists, well as those concerned with nuclear proliferation and world peace, and international relations professionals in general.
Author : Stephan Haggard
Publisher : Columbia University Press
Page : 337 pages
File Size : 35,98 MB
Release : 2007
Category : Business & Economics
ISBN : 0231140002
"In their carefully researched book, Stephan Haggard and Marcus Noland present the most comprehensive account of the famine to date, examining not only the origins and aftermath of the crisis but also the regime's response to outside aid and the effect of its current policies on the country's economic future. Their study begins by considering the root causes of the famine, weighing the effects of the decline in the availability of food against its poor distribution. Then it takes a close look at the aid effort, addressing the difficulty of monitoring assistance within the country, and concludes with an analysis of current economic reforms and strategies of engagement."--BOOK JACKET.
Author : Edward Montgomery Graham
Publisher : Peterson Institute for International Economics
Page : 228 pages
File Size : 44,81 MB
Release : 2003
Category : Business & Economics
ISBN :
In 1998, the Korean economy experienced the deepest recession since the Korean War. Within a year a number of smaller industrial conglomerates had failed. In this study, Graham examines the causes of this situation, tracing them back to the aggressive industrial policy begun by president Park Chung-hee during the late 1960s. He also analyzes reforms undertaken since 1997, concluding that they have not been entirely successful.
Author : Robert L. Carlin
Publisher : Routledge
Page : 74 pages
File Size : 32,39 MB
Release : 2013-03-07
Category : History
ISBN : 1134973284
In the past, foreign policy and security concerns have trumped any efforts to reform the North Korean economy. Today, the linkage between security and economic policies is being reconsidered as part of a larger debate in the North Korean leadership that has already transformed the country in fundamental ways. Despite renewed tensions with the United States, North Korea has begun to implement important economic reforms. Moreover, underneath the cover of the ever-present ‘military-first’ slogan in the controlled media, a debate is taking place between ‘reformers’ and ‘conservatives’ over whether Pyongyang’s bloated military industrial complex should be scaled back to help ensure the success of economic reform. Not only do these developments reflect strong political forces in the North Korean leadership that support reform, but they could also have profound implications for the future of Pyongyang’s national security policy. North Korea may decide that it will need a more favourable external security environment in order to secure greater access to international economic and financial assistance for its reform measures and, ultimately, downsizing its military. Pyongyang could launch a new policy of engagement that would include greater flexibility in the Beijing Six Party Talks. A second scenario is continued internal struggle over reform that could lead to an inability to act decisively on key security and foreign policy issues, including at the nuclear talks. Finally, progress in reform may, paradoxically, strengthen conservatives, leading to hopes in Pyongyang that it can improve the economy, while simultaneously maintaining a large powerful military. Whether Washington can do anything at this point to influence directly the emerging debate in Pyongyang is unclear, but a renewed policy of engagement on its part could enhance the chances of success for North Korean advocates of reform.
Author : Robert F. Emery
Publisher : Routledge
Page : 234 pages
File Size : 17,15 MB
Release : 2019-01-25
Category :
ISBN : 9781138721791
This title was first published in 2001. In 1997 the author was told, by an official at the Korean embassy in Washington DC, that the most serious economic problem facing Korea was the need for reform of the financial sector. This proved to be true, as a financial crisis hit Korea in November 1997. Though problems arising before November 1997 indicate that Korea's economic problems were not solely financial. This study covers earlier reform efforts, the 1997 crisis and the measures taken by Korea since then to deal with the country's economic problems. It attempts to analyze the problems and offer suggestions as to how problems might corrected or resolved.
Author : Stephan Haggard
Publisher : Cambridge University Press
Page : 374 pages
File Size : 15,91 MB
Release : 2003-02-26
Category : Business & Economics
ISBN : 9780521823630
Asian business conglomerates have clearly been successful agents of growth, mobilizing capital, borrowing technology from abroad and spearheading Asia's exports. However, these firms have long had a number of organisational and financial weaknesses, including heavy reliance on debt, that make them vulnerable to shocks. Nowhere was this more true than in Korea, where the large corporate groups known as chaebol have dominated the economic landscape. This collection of essays by leading political scientists and economists provides a comprehensive look at the chaebol problem in the wake of the Asian financial crisis. The authors consider the historical evolution of the chaebol and their contribution to the onset of economic turmoil in 1997. The book analyses the government's short-run response to corporate and financial distress, and outlines an agenda for longer-term reform of the financial system, corporate governance and the politics of business-government relations.
Author : Jang-Sup Shin
Publisher : Routledge
Page : 157 pages
File Size : 23,58 MB
Release : 2003-01-16
Category : Business & Economics
ISBN : 1134469381
The 1997 South Korean financial crisis not only shook the country itself but also sent shock waves through the financial world at large. This impressive book critically assesses the conventional wisdom surrounding the Korean crisis and the performance of the IMF-sponsored reform programme.Looking first at the strengths and weaknesses of 'Korea Inc.
Author : Byung-Kook Kim
Publisher : Harvard University Press
Page : 753 pages
File Size : 21,86 MB
Release : 2011-04-01
Category : History
ISBN : 0674061063
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 : Robert Bedeski
Publisher : Routledge
Page : 208 pages
File Size : 27,1 MB
Release : 2002-11
Category : Business & Economics
ISBN : 1134845154
A thorough analysis of the institutions of government in South Korea, their transformation by the introduction of political pluralism, and the impact of that on the country's economy.