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Restructuring 'Korea Inc.'
Financial Crisis, Corporate Reform, and Institutional Transition
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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. less
Taylor and Francis; January 2003
174 pages; ISBN 9781134469383
Read online, or download in EPUB or secure PDF format
174 pages; ISBN 9781134469383
Read online, or download in EPUB or secure PDF format
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0203219414
9780203219416
9780415278652
9781134469383
9781134469390