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The Shrimp that Became a Tiger - Transformation Theory and Korea's Rise After the Asian Crisis (Hardcover, New edition)
Loot Price: R2,904
Discovery Miles 29 040
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The Shrimp that Became a Tiger - Transformation Theory and Korea's Rise After the Asian Crisis (Hardcover, New edition)
Series: Emerging Markets Studies, 3
Expected to ship within 10 - 15 working days
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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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