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Catch-up and Crisis in Korea

Author

Listed:
  • Wontack Hong

Abstract

Whilst the process of catch-up in Korea – led by export-oriented growth – has been rapid and, in a sense, very successful, it has also been subject to turbulence, not least in a crisis of near bankruptcy that has dramatically revealed its Achilles heel. Informed by the 1997 crisis, Wontack Hong writes a new history of the Korean economy; one that seeks to understand export-oriented catch-up in newly industrialized countries (NICs) whilst offering a realistic appraisal and forewarning of the pitfalls which could signal self-destruction.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Wontack Hong, 2002. "Catch-up and Crisis in Korea," Books, Edward Elgar Publishing, number 2631.
    • Handle: RePEc:elg:eebook:2631
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    Citations

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    Cited by:

    1. Francisco J. Buera & Yongseok Shin, 2013. "Financial Frictions and the Persistence of History: A Quantitative Exploration," Journal of Political Economy, University of Chicago Press, vol. 121(2), pages 221-272.
    2. Francisco Buera & Benjamin Moll & Yongseok Shin, 2013. "Well-Intended Policies," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(1), pages 216-230, January.
    3. Wontack Hong, 2005. "Taking a Turnpike: A Korean Perspective," Review of International Economics, Wiley Blackwell, vol. 13(1), pages 146-164, February.
    4. Robert Fitzgerald & Young Chan Kim, 2004. "Business Strategy, Government and Globalization: Policy and Miscalculation in the Korean Electronics Industry," Asia Pacific Business Review, Taylor & Francis Journals, vol. 10(3-4), pages 441-462, March.

    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    Economics and Finance;

    JEL classification:

    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory

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