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Books > Business & Economics > Economics > Macroeconomics
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Korea at the Turning Point - Innovation-Based Strategies for Development (Hardcover, New)
Loot Price: R2,783
Discovery Miles 27 830
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Korea at the Turning Point - Innovation-Based Strategies for Development (Hardcover, New)
Expected to ship within 10 - 15 working days
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Can Korea realize its dream of matching the economic performance of
the G-7 nations in the next 15 years? The marshalling of capital,
and dedicated, low-cost labor by authoritarian governments in the
past created double-digit economic growth based on imported
technology. How can Korea's young democracy, fledgling science, and
liberalizing policies compete against a new level of global
competition? Korea must build its research capability, accelerate
the development of smaller, high-tech firms, and reduce
bureaucratic conflict in support of an innovation-based strategy.
This book puts Korea's technological challenge in its historical
context, documents the reasons past strategies are no longer
viable, and presents a blueprint for the next stage in Korean
development. Korean economy is one of the most exciting and dynamic
ones in the world. Korea finds itself in the position of being
regarded as respected competition by nations and firms which
earlier regarded it only as a source of low-cost, high-quality
production. As the economy has slowed, the Korean government and
private sector have faced the challenge of making a change in
strategy in regard to its approach to technology, and how the
economy is to be managed. This analysis of where Korea has been and
how it will deal with technology and economic management is
conducted by prominent Korean and American scholars.
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