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The Shrimp that Became a Tiger
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The Shrimp that Became a Tiger : Transformation Theory and Korea’s Rise After the Asian Crisis

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Book Details

Format Hardback or Cased Book
ISBN-10 3631607385
ISBN-13 9783631607381
Edition New
Publisher Peter Lang AG
Imprint Peter Lang AG
Country of Manufacture DE
Country of Publication GB
Publication Date Jul 30th, 2013
Print length 353 Pages
Weight 550 grams
Dimensions 21.70 x 15.20 x 2.40 cms
Ksh 12,100.00
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Since 1998, South Korea underwent a dramatic change, from a «tiger in trouble» in the wake of the Asian crisis to a showcase of economic development. This book deals not with the causes of the crisis, but rather with the implications for the development of a new economic model in South Korea by applying the theory of economic transformation.
South Korea underwent a dramatic change in the last one and a half decades, from being considered a «tiger in trouble» in the wake of the Asian crisis to a showcase of economic development. The judgment of 1998 was itself a complete reversal of the previous enthusiastic reviews of world record-high growth for several decades, from the 1960s to the 1990s. Korea, once considered a shrimp between two mighty whales, Japan and China, veritably made a jump to become a tiger. And, after the steep decline of 1998, this tiger again showed its claws. This book deals not with the causes of the crisis in retrospect, but rather with the implications for the development of a new economic model in South Korea. It argues that the crisis and the following institutional change can best be understood by applying the theory of economic transformation.

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