Non-Fiction Books:

Restructuring 'Korea Inc.'

Financial Crisis, Corporate Reform, and Institutional Transition
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$438.00
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Description

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 globalisation. 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.

Author Biography:

Jang-Sup Shin is Assistant Professor at the National University of Singapore and Ha-Joon Chang is Assistant Director of Development Studies at the University of Cambridge.
Release date NZ
January 16th, 2003
Audiences
  • Professional & Vocational
  • Tertiary Education (US: College)
Pages
176
Dimensions
138x216x13
ISBN-13
9780415278652
Product ID
5791115

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