The Korean Economy at the Crossroads: Triumphs, Difficulties and Triumphs Again

by Suh; Chung-Sok

• ISBN13: 9780415316026
• ISBN10: 0415316022
• Edition: 1st
• Format: Hardcover
• Copyright: 2003-09-09
• Publisher: RoutledgeCurzon

Summary

leaders and policy makers who can draw lessons from the books important analyses.

Table of Contents

List of figures	xi
List of tables	xiii
List of contributors	xvi
Foreword	xviii
Acknowledgements	xx
1 The Korean economy: triumphs, difficulties, and triumphs again?	1	(18)
MOONJOONG TCHA, MINSOO LEE, AND CHUNG-SOK SUH
2 The Asian financial crisis: genesis and exegesis	19	(22)
JOHN HAWKINS
3 The origin and evolution of the Korean economic system	41	(12)
WONHYUK LIM
4 A 'stroke' hypothesis of Korea's 1991 financial crisis	53	(16)
HYUN-HOON LEE
5 The restructuring of the Korean economy since 1986 and the onset of the financial crisis: the industrial/financial nexus	69	(15)
JOHN McKAY
6 The impact of ownership and capital structure on the productivity performance of Korean firms in the 1990's	84	(19)
EUYSUNG KIM
7 Financial reporting of selected Korean listed companies: disclosure practices	103	(24)
YOUNGOK KIM
8 The chaebol and Korean capitalism: the Hyundai business group	127	(26)
SEUNG-HO KWON AND CHUNG-SOK SUH
9 Real exchange rate and inward FDI in crisis-ridden Korea	153	(34)
JUNG-SOO SEO
10 The financial system in Korea after the 1997 financial crisis: a legal perspective	187	(1)
SUNSEOP JUNG
11 Dynamic prospects for Korean banks' monitoring of business groups	187	(13)
BYUNG S. MIN
12 The Korean steel industry after the economic crisis: challenges and opportunities	200	(15)
KWANG SOO PARK AND MOONJOONG TCHA
13 Restructuring of the public enterprise after the crisis: the case of deposit insurance fund	215	(18)
SANG-MOON HARM
14 The rise and fall of real estate trust institutions in Korea	233	(14)
JINU KIM, SANG-YOUNG LEE, AND DENNY McGEORGE
15 Asia crisis postmortem: where did the money go and did the United States benefit?	247	(30)
ERIC VAN WINCOOP AND KEI-MU YI
16 Interpreting some empirical facts of business cycles and stock returns in Korea	277	(14)
DAVID DEOK-KI KIM
17 The role of FDI in the recovery of the financial crisis in Korea: the bilateral economic relationship between Korea and Australia under APEC	291	(21)
HYUNG-MIN KIM
18 Korea's FTA policy: background and current progress	312	(15)
INKYO CHEONG
Index	327