The reader will find here analyses of a wide range of past and current policy experiences and reform efforts in Korea. The policy lessons drawn are designed to aid Korea's transformation from the government-led development model to a modern market-orientated economic system. The main tenet of this book is that Korea's economic future depends entirely upon the successful integration of market-orientated systems and as such, policy recommendations are duly presented.

Autorentext

SUNG-HEE JWA is President of the Korean Economic Research Institute in Seoul.

Inhalt

Dedication List of Tables List of Figures Acknowledgements Overview of the Korean Economy Over the Past Thirty Years The Role of Government vs; Market for Sustainable Growth Legacies and Lessons of Korea's Macroeconomic Management The Evolution of the Chaebols: Property Rights System and Economic Organization in Korea Globalization and the Diversification Behaviour of the Chaebols Reform Prospects for Korea's Financial System Experiences of Economic Reforms in Korea and Future Challenges Korea's 1997 Currency Crisis: Causes and Post-Crisis Macroeconomic Developments D.J. Kim's Structural Reforms and Some Evaluations A Final Word: The Future of the Korean Economy Toward the Twenty-first Century References Index