Includes bibliographical references (pages 231-238) and index.
CONTENTS NOTE
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Korea's economic miracle, 1962-89 -- The fading miracle, 1990-97 -- Financial crisis and the IMF bailout -- The post-crisis macroeconomic policy framework and structural reform : reviving the old economy -- The boom in information and communication technology : a new economy emerging? -- Economic integration with North Korea : a new economic territory -- Future challenges and prospects.
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SUMMARY OR ABSTRACT
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"Korea, one of the original 'tiger economies', experienced a traumatic and largely unanticipated economic crisis in 1997-8 from which the country is still recovering. Despite having achieved spectacular economic growth from the early 1960s, the crisis laid bare numerous structural, economic and policy weaknesses. Charles Harvie and Hyun-Hoon Lee chronicle and analyse the key factors behind Korea's economic miracle from 1962 to 1989 and the causes that contributed to the economic downturn and ensuing crisis of 1997-8"--Jacket.