Restructuring 'Korea Inc.' : Financial Crisis, Corporate Reform, and Institutional Transition
Book Details
Format
Hardback or Cased Book
ISBN-10
0415278651
ISBN-13
9780415278652
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 16th, 2003
Print length
176 Pages
Weight
318 grams
Product Classification:
Political economyEconomic history
Ksh 27,900.00
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This snappy, informative and readable book has a broad historical overview and is an important contribution not only to Asian Studies, but also to the study of financial crises and the political economy of economic reform.
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.'' in comparison with other East Asian countries, the authors describe the challenges faced by Korea in the 1990s due to the acceleration of globalization. By arguing that the transition attempted by Korea was badly conceived and ill designed, Restructuring ''Korea Inc.'' focuses on corporate reform after the crisis that has led to the running up of huge ''transition costs''.
This snappy, informative and readable book has a broad historical overview and with its suggestions for structural change for Korea. This book is an important contribution not only to Asian studies, but also to the study of financial crises and the political economy of economic reform.
Looking first at the strengths and weaknesses of ''Korea Inc.'' in comparison with other East Asian countries, the authors describe the challenges faced by Korea in the 1990s due to the acceleration of globalization. By arguing that the transition attempted by Korea was badly conceived and ill designed, Restructuring ''Korea Inc.'' focuses on corporate reform after the crisis that has led to the running up of huge ''transition costs''.
This snappy, informative and readable book has a broad historical overview and with its suggestions for structural change for Korea. This book is an important contribution not only to Asian studies, but also to the study of financial crises and the political economy of economic reform.
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