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For many years up until 1997, Korea was widely seen in economic and
financial circles as something of a miracle. The financial crisis
that Korea experienced then did much to set its economy back, but
by 2001 it was still the 13th largest economy in terms of GDP in
the world.
This enticing collection, with contributions from experts with an
impressive knowledge of Korea and its economy, charts not only the
well documented causes of the crisis, but more importantly, its
response and recovery from it. With an admirable scholarly rigour,
the book covers such topics as:
*the origin and evolution of the Korean economic system and its
special factors including chaebols
*Korean industries since the crisis
*What happened to the money after the capital flight of the crisis
and did the USA benefit?
"The Korean Economy at the" "Crossroads" is intended and
recommended not only for students and academics involved in
international finance, economics and Asian studies, but also for
the business leaders and policy makers who can draw lessons from
the books important analyses.
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