03957oam 2200745I 450 991078399600332120230617005903.01-134-46938-10-429-22992-51-134-46939-X1-280-05601-00-203-21941-410.4324/9780203219416 (CKB)1000000000253312(EBL)171277(OCoLC)252898970(SSID)ssj0000308284(PQKBManifestationID)11925108(PQKBTitleCode)TC0000308284(PQKBWorkID)10250965(PQKB)10835933(MiAaPQ)EBC171277(Au-PeEL)EBL171277(CaPaEBR)ebr10100340(CaONFJC)MIL5601(OCoLC)56909281(OCoLC)1000437011(EXLCZ)99100000000025331220180331d2003 uy 0engur|n|---|||||txtccrRestructuring Korea Inc. /Jang-Sup Shin and Ha-Joon ChangLondon ;New York :RoutledgeCurzon,2003.1 online resource (174 p.)RoutledgeCurzon studies in the growth economies of Asia ;43Description based upon print version of record.0-203-29546-3 0-415-27865-1 Includes bibliographical references and index.Cover; Restructuring Korea Inc.; Copyright; Contents; Figures; Tables; Acknowledgements; 1 Restructuring Korea Inc.: The 1997 financial crisis and structural reform; Structure of the book; 2 The Korean model in historical perspective; 2.1 Gerschenkron's 'patterns of industrialisation' and the Korean model; 2.2 East Asian catching-up models; 2.3 The role of the state; 2.4 The role of the chaebols; 2.5 Concluding remarks; 3 The 1997 financial crisis and its aftermath; 3.1 Evolution of the crisis; 3.2 The alleged causes of the financial crisis3.3 The aftermath of the crisis: the IMF programme and the Keynesian recovery3.4 Explaining the Korean crisis: a 'transition failure'; 3.5 Concluding remarks; 4 Assessing the post-1997 corporate reform; 4.1 Restructuring the chaebols; 4.2 Attracting foreign investment; 4.3 Nurturing venture businesses; 4.4 Transition costs in 'restructuring Korea Inc.'; 4.5 Concluding remarks; 5 Conclusion: What future for Korea?; 5.1 Future implications of the post-1997 reform; 5.2 The need for a 'second-stage catching-up system' for the Korean economy; 5.3 Some final thoughts; Notes; References; IndexThe 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, <EMRoutledgeCurzon studies in the growth economies of Asia ;43.Conglomerate corporationsKorea (South)Big businessKorea (South)Financial crisesKorea (South)Industrial policyKorea (South)Conglomerate corporationsBig businessFinancial crisesIndustrial policy338.09519583.32bclShin Jang-Sup1962,1567899Chang Ha-Joon140658MiAaPQMiAaPQMiAaPQBOOK9910783996003321Restructuring Korea Inc3839660UNINA