|
Title: |
Recurring Economic Crisis in Korea |
Search Result:
| By (author): |
Jong Kyu Lee, Sanghack Lee |
| ISBN10-13: |
1604561882 : 9781604561883 |
| Illustrations: |
tables & charts |
| Format: |
Paperback |
| Size: |
140x215mm |
| Pages: |
70 |
| Weight: |
.166 Kg. |
| Published: |
Nova Science Publishers, Inc (US) - May 2008 |
| List Price: |
50.99 Pounds Sterling |
| Availability: |
In Stock
Qty Available: 2 |
| Subjects: |
Economics : Korea |
| There exists a large volume of literature on Korean success in economic development. However, Korea has experienced several economic crises in the development process. While the financial crisis in 1997 has received a substantial amount of attention in the mass media and in the academic as well, Korea had not been immune to economic crisis prior to the 1997 financial crisis. This book reviews the experiences of economic crises and their resolutions in Korea since 1960s. The book examines each crisis and concludes that the factors that caused one previous crisis later brought about another crisis repeatedly. This indicates that the measures to resolve the previous crises were ultimately ineffective in the sense that the fundamental causes for the economic crisis had remained unresolved and, as a result, recurrence of the crisis has not been prevented. |
| Table of Contents: |
| Preface; Introduction; Korean Experience in Resolving Economic Crises -- Four Economic Crises of Korea; The 1972 Economic Crisis; The 1980 Economic Crisis; The Post-1989 "Grave Situation"; The 1997 Economic Crisis. Appraisal of Policies for Resolving the Crises -- The 1972 Crisis; The 1980 Crisis; The Post-1989 "Grave Situation"; Effectiveness of Crisis Resolutions in the Past. Characteristics of the 1997 Economic Crisis -- Main Characteristics of the 1997 Crisis; Comparison of the Structural Adjustment Policy with the Past Economic Crisis Resolutions; Implications for Structural Adjustment Policy. Conclusion; Index. |
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