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Books > Reference & Interdisciplinary > Interdisciplinary studies > Area / regional studies
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Korea's Political Economy - An Institutional Perspective (Hardcover)
Loot Price: R3,959
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Korea's Political Economy - An Institutional Perspective (Hardcover)
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Over the past three decades, South Korea has moved along a path of
strong economic growth and political democratization, attracting
worldwide attention and providing valuable lessons for other
developing economies. Yet Korea still must grapple with many
intractable problems fueled by its rapid industrialization and
uneven growth, including unbalanced distribution of wealth,
concentrated economic power, and adversarial relationships between
management and labor. Within the context of these sweeping changes,
this volume explores options for economic and social institutional
reform in Korea. Drawing on models of economic development from
Japan, the United States, and Europe, a distinguished group of
Asian and Western scholars relates the experiences of previously
industrialized economies to each facet of Koreas economic system,
including national management; taxation and banking; land ownership
and use; trade and industrial strategy; and relations among
business ownership, management, and labor. In so doing, the
contributors provide valuable insights and fresh proposals for a
viable model of social and economic modernization. Throughout the
volume, the contributors emphasize the importance of Koreas
cultural heritage-not only in explaining the nations recent growth
but also as a key element of its continued success. By providing an
overview of the evolution and interaction of Korean economic,
political, and sociocultural institutions, the contributors make
clear how these structures mediate the movement between cultural
values and economic progress.
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