The Korean Economy From a Miraculous Past to a Sustainable Future - HBK - VGC

Harvard University Press

The Korean EconomyFrom a Miraculous Past to a Sustainable Future\nAuthor(s): Barry Eichengreen, Wonhyuk Lim, Yung Chul Park, Dwight H. Perkins\nFormat: Hardback\nPublisher: Harvard University, Asia Center, United States\nImprint: Harvard University, Asia Center\nISBN-13: 9780674417182, 978-0674417182\nSynopsis\nSouth Korea has been held out as an economic miracleas a country that successfully completed the transition from underdeveloped to developed country statusand as an example of how a middle-income country can continue to move up the technology ladder into the production and export of more sophisticated goods and services. But with these successes have come challenges, among them poverty, inequality, long work hours, financial instability, and complaints about the economic and political power of the countrys large corporate conglomerates, or chaebol.\n\nThe Korean Economy provides an overview of Korean economic experience since the 1950s, with a focus on the period since democra.