1.

Record Nr.

UNINA9910821211703321

Autore

Thurbon Elizabeth

Titolo

Developmental mindset : the revival of financial activism in South Korea  / / Elizabeth Thurbon

Pubbl/distr/stampa

Ithaca, New York ; ; London, [England] : , : Cornell University Press, , 2016

©2016

ISBN

1-5017-0416-8

1-5017-0417-6

Descrizione fisica

1 online resource (236 p.)

Collana

Cornell Studies in Money

Disciplina

332.095195

Soggetti

Finance - Korea (South)

Economic development - Korea (South) - Finance

Korea (South) Economic policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Frontmatter -- Contents -- List of Illustrations -- List of Abbreviations -- 1. Rebirth of the Developmental State -- 2. Developmental States: Bringing Ideas Back In -- 3. Makings of a Developmental Mindset and Emergence of Strategy Mark I -- 4. Rise of Financial Activism -- 5. Fracturing Consensus and the Abandonment of Financial Activism -- 6. Return of the State -- 7. Emergence of Strategy Mark II -- 8. Return of Development Bankers -- 9. Full Flowering of Financial Activism -- 10. What Future for Financial Activism in Korea and Beyond? -- Acknowledgments -- Notes -- References -- Index

Sommario/riassunto

The Asian financial crisis of 1997-1998 was supposed to be the death knell for the developmental state. The International Monetary Fund supplied emergency funds for shattered economies but demanded that states liberalize financial markets and withdraw from direct involvement in the economy. Financial liberalization was meant to spell the end of strategic industry policy and the state-directed "policy lending" it involved. Yet, largely unremarked by analysts, South Korea has since seen a striking revival of financial activism. Policy lending by state-owned development banks has returned the state to the core of



the financial system. Korean development banks now account for one quarter of all loans and take the lead in providing low-cost finance to local manufacturing firms in strategic industries.Elizabeth Thurbon argues that an ideational analysis can help explain this renewed financial activism. She demonstrates the presence of a "developmental mindset" on the part of political leaders and policy elites in Korea. This mindset involves shared ways of thinking about the purpose of finance and its relationship to the productive economy. The developmental mindset has a long history in Korea but is subject to the vicissitudes of political and economic circumstances. Thurbon traces the structural, institutional, political, and ideational factors that have strengthened and at times weakened the developmental consensus, culminating in the revival of financial activism in Korea. In doing so, Thurbon offers a novel defense of the developmental state idea and a new framework for investigating the emergence and evolution of developmental states. She also canvasses the implications of the Korean experience for wider debates concerning the future of financial activism in an era of financialization, energy insecurity, and climate change.

2.

Record Nr.

UNINA9910337635303321

Titolo

Advanced Engineering for Processes and Technologies / / edited by Azman Ismail, Muhamad Husaini Abu Bakar, Andreas Öchsner

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2019

ISBN

3-030-05621-X

Edizione

[1st ed. 2019.]

Descrizione fisica

1 online resource (328 pages)

Collana

Advanced Structured Materials, , 1869-8441 ; ; 102

Disciplina

620

Soggetti

Mechanics, Applied

Solids

Materials - Analysis

Materials

Solid Mechanics

Characterization and Analytical Technique

Materials Engineering

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa



Livello bibliografico

Monografia

Nota di contenuto

1 State-of-the-art applications for the development of new materials and technologies -- 2 computer-based engineering tools which are widely used and related to the simulation, evaluation of data and design processes -- 3 Modern joining technologies can be used to fabricate new compound.

Sommario/riassunto

This volume contains many state-of-the-art applications for the development of new materials and technologies. It discusses computer-based engineering tools which are widely used and related to the simulation, evaluation of data and design processes. For example, modern joining technologies can be used to fabricate new compound or composite materials, even composed of dissimilar materials. Such materials are many times exposed to harsh environments and must reveal specific properties. Technologies in this context are mainly related to the transportation technologies in their wider sense. This means automotive and marine technology, i.e., ships, amphibious vehicles, docks, offshore structures, and even robots. Typically, finite element and finite volume methods are used in the context of engineering simulations and this volume highlights their importance.