Industry Policy in Taiwan and Korea in the 1980s

Industry Policy in Taiwan and Korea in the 1980s PDF Author: Heather Smith
Publisher: Edward Elgar Publishing
ISBN: 9781782543572
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
'This is a very good piece of research. As a book, it is important because it focuses on important conceptual and empirical issues, namely the role of government and industrial policy in promoting rapid economic growth; and particularly the case of Taiwan as an exemplar of rapid industrial development. The author convincingly refutes the view that sector-specific industrial policy was an important source of Taiwan's rapid industrial growth in the 1980s.' - Hugh T. Patrick, Columbia University, US 'Dr Smith takes Taiwan and Korea as case studies to address fundamental questions concerning the rapid growth and subsequent financial crisis in East Asia: * were the Taiwan and Korean governments interventionist in the 1980s? * did industry policy play a role in the financial crisis of 1997-1998? Heather Smith has put together a comprehensive discussion of strategic industry policy. She analyses at length the fascinating connection between the growth of the chaebol in Korea, its links to the government and to the financial sector, and the unravelling of the financial crisis in Korea. Her analysis throws light on the fundamental strength that Taiwan has shown throughout the crisis. These are fascinating and important questions vital to the economics profession and of interest to the enormous contingent of economic commentators following the East Asian crisis.' - Ron Duncan, Australian National University, Australia The growth in global competitiveness and interdependence has led to an increased interest in the role of industrial policy in achieving economic growth objectives. Heather Smith reignites the contentious debate of the role of the state using East Asian economic development in general with particular emphasis on Taiwan and Korea. Using quantitive techniques, the author analyses the view that industry policy interventions were a necessary factor explaining Taiwan's economic performance in the 1980s.

Industry Policy in Taiwan and Korea in the 1980s

Industry Policy in Taiwan and Korea in the 1980s PDF Author: Heather Smith
Publisher: Edward Elgar Publishing
ISBN: 9781782543572
Category : Business & Economics
Languages : en
Pages : 328

Get Book Here

Book Description
'This is a very good piece of research. As a book, it is important because it focuses on important conceptual and empirical issues, namely the role of government and industrial policy in promoting rapid economic growth; and particularly the case of Taiwan as an exemplar of rapid industrial development. The author convincingly refutes the view that sector-specific industrial policy was an important source of Taiwan's rapid industrial growth in the 1980s.' - Hugh T. Patrick, Columbia University, US 'Dr Smith takes Taiwan and Korea as case studies to address fundamental questions concerning the rapid growth and subsequent financial crisis in East Asia: * were the Taiwan and Korean governments interventionist in the 1980s? * did industry policy play a role in the financial crisis of 1997-1998? Heather Smith has put together a comprehensive discussion of strategic industry policy. She analyses at length the fascinating connection between the growth of the chaebol in Korea, its links to the government and to the financial sector, and the unravelling of the financial crisis in Korea. Her analysis throws light on the fundamental strength that Taiwan has shown throughout the crisis. These are fascinating and important questions vital to the economics profession and of interest to the enormous contingent of economic commentators following the East Asian crisis.' - Ron Duncan, Australian National University, Australia The growth in global competitiveness and interdependence has led to an increased interest in the role of industrial policy in achieving economic growth objectives. Heather Smith reignites the contentious debate of the role of the state using East Asian economic development in general with particular emphasis on Taiwan and Korea. Using quantitive techniques, the author analyses the view that industry policy interventions were a necessary factor explaining Taiwan's economic performance in the 1980s.

Differences and Changes in Wage Structures

Differences and Changes in Wage Structures PDF Author: Richard B. Freeman
Publisher: University of Chicago Press
ISBN: 0226261840
Category : Political Science
Languages : en
Pages : 474

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Book Description
During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States or is part of a general growth in inequality in advanced countries. Focusing on labor market institutions and the supply and demand forces that affect wages, the papers compare patterns of earnings inequality and pay differentials in the United States, Australia, Korea, Japan, Western Europe, and the changing economies of Eastern Europe. Cross-country studies examine issues such as managerial compensation, gender differences in earnings, and the relationship of pay to regional unemployment. From this rich store of data, the contributors attribute changes in relative wages and unemployment among countries both to differences in labor market institutions and training and education systems, and to long-term shifts in supply and demand for skilled workers. These shifts are driven in part by skill-biased technological change and the growing internationalization of advanced industrial economies.

Re-Inventing Africa's Development

Re-Inventing Africa's Development PDF Author: Jong-Dae Park
Publisher: Springer
ISBN: 3030039463
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
This open access book analyses the development problems of sub-Sahara Africa (SSA) from the eyes of a Korean diplomat with knowledge of the economic growth Korea has experienced in recent decades. The author argues that Africa's development challenges are not due to a lack of resources but a lack of management, presenting an alternative to the traditional view that Africa's problems are caused by a lack of leadership. In exploring an approach based on mind-set and nation-building, rather than unity – which tends to promote individual or party interests rather than the broader country or national interests – the author suggests new solutions for SSA's economic growth, inspired by Korea's successful economic growth model much of which is focused on industrialisation. This book will be of interest to researchers, policymakers, NGOs and governmental bodies in economics, development and politics studying Africa's economic development, and Korea's economic growth model.

Revisiting Minjung

Revisiting Minjung PDF Author: Sunyoung Park
Publisher: University of Michigan Press
ISBN: 0472054120
Category : History
Languages : en
Pages : 321

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Book Description
An epoch-marking alliance of laborers, students, dissident intellectuals, and ordinary citizens was at the heart of South Korea’s transformation from a dictatorship into a vibrant democracy during the 1980s. Collectively known as the minjung (“the people”), these agents of Korean democratization historically carved out an expanded role for civil society in the country’s politics. In Revisiting Minjung, some of the foremost experts in 1980s Korean history, literature, film, art, and music provide new insights into one of the most crucial decades in South Korean history. Drawing from the theoretical perspectives of transnationalism, post-Marxist studies, intersectional feminism, popular culture studies, and more, the volume demonstrates how an era that is often associated with radical politics was, in effect, the catalyst for the subsequent flourishing of democratic and liberal values in South Korea. Revisiting Minjung brings new themes, new subjectivities, and new theoretical perspectives to the study of the rich ecosystem of 1980s Korean culture. Treated here is a wide array of topics, including the origins of minjung ideology, its critique by the right wing, minjung art and music, workers’ literary culture, women writers and the resurgence of feminism, erotic cinema, science fiction, transnational political travels, and the representations of race and queerness in 1980s popular culture. The book thus details the origins and development of some of the movements that shape cultural life in South Korea today, and it does so through analyses that engage some of the most pressing debates in current scholarship in Korea and abroad.

To Save the Children of Korea

To Save the Children of Korea PDF Author: Arissa H Oh
Publisher: Stanford University Press
ISBN: 0804795339
Category : History
Languages : en
Pages : 318

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Book Description
“The important . . . largely unknown story of American adoption of Korean children since the Korean War . . . with remarkably extensive research and great verve.” —Charles K. Armstrong, Columbia University Arissa Oh argues that international adoption began in the aftermath of the Korean War. First established as an emergency measure through which to evacuate mixed-race “GI babies,” it became a mechanism through which the Korean government exported its unwanted children: the poor, the disabled, or those lacking Korean fathers. Focusing on the legal, social, and political systems at work, To Save the Children of Korea shows how the growth of Korean adoption from the 1950s to the 1980s occurred within the context of the neocolonial US-Korea relationship, and was facilitated by crucial congruencies in American and Korean racial thought, government policies, and nationalisms. Korean adoption served as a kind of template as international adoption began, in the late 1960s, to expand to new sending and receiving countries. Ultimately, Oh demonstrates that although Korea was not the first place that Americans adopted from internationally, it was the place where organized, systematic international adoption was born. “Absolutely fascinating.” —Giulia Miller, Times Higher Education “ Gracefully written. . . . Oh shows us how domestic politics and desires are intertwined with geopolitical relationships and aims.” —Naoko Shibusawa, Brown University “Poignant, wide-ranging analysis and research.” —Kevin Y. Kim, Canadian Journal of History “Illuminates how the spheres of ‘public’ and ‘private,’ ‘domestic’ and ‘political’ are deeply imbricated and complicate American ideologies about family, nation, and race.” —Kira A. Donnell, Adoption & Culture

Developmental State Building

Developmental State Building PDF Author: Yusuke Takagi
Publisher: Springer
ISBN: 9811329044
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
This open access book modifies and revitalizes the concept of the ‘developmental state’ to understand the politics of emerging economy through nuanced analysis on the roles of human agency in the context of structural transformation. In other words, there is a revived interest in the ‘developmental state’ concept. The nature of the ‘emerging state’ is characterized by its attitude toward economic development and industrialization. Emerging states have engaged in the promotion of agriculture, trade, and industry and played a transformative role to pursue a certain path of economic development. Their success has cast doubt about the principle of laissez faire among the people in the developing world. This doubt, together with the progress of democratization, has prompted policymakers to discover when and how economic policies should deviate from laissez faire, what prevents political leaders and state institutions from being captured by vested interests, and what induce them to drive economic development. This book offers both historical and contemporary case studies from Japan, South Korea, Taiwan, Singapore, Indonesia, Malaysia, Myanmar, Ethiopia, Kenya, and Rwanda. They illustrate how institutions are designed to be developmental, how political coalitions are formed to be growth-oriented, and how technocratic agencies are embedded in a network of business organizations as a part of their efforts for state building.

Oxford Handbook of the International Relations of Asia

Oxford Handbook of the International Relations of Asia PDF Author: Saadia M. Pekkanen
Publisher: Oxford University Press, USA
ISBN: 0199916241
Category : Medical
Languages : en
Pages : 841

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Book Description
This Handbook examines the theory and practice of international relations in Asia. Building on an investigation of how various theoretical approaches to international relations can elucidate Asia's empirical realities, authors examine the foreign relations and policies of major countries or sets of countries.

The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform

The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform PDF Author: Mr.Angel J. Ubide
Publisher: International Monetary Fund
ISBN: 1451844646
Category : Business & Economics
Languages : en
Pages : 67

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Book Description
After years of strong performance, Korea’s economy entered a crisis in 1997, owing largely to structural problems in its financial and corporate sectors. These problems emerged in the second half of that year, when the capital inflows that had helped finance Korea’s growth were reversed, as foreign investors—reeling from losses in other Southeast Asian economies—decided to reduce their exposure to Korea. This paper focuses on the sources of the crisis that originated in the financial sector, the measures taken to deal with it, and the evolution of key banking and financial variables in its aftermath.

The Economic Development of South Korea

The Economic Development of South Korea PDF Author: Seung-hun Chun
Publisher: Routledge
ISBN: 1351215728
Category : Business & Economics
Languages : en
Pages : 460

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Book Description
How did a country with a dearth of natural resources, a sprawling population congested in a limited arable land transform itself to a modern industrial state within a generation? How could these have been achieved given the lingering geopolitical threats to its very survival as a state, as evidenced by the Korean War and the internecine aggressive posturing of its neighbor from the north? This book looks at strategies, institutional arrangement, role of entrepreneurs and workers in this odyssey, and on how those factors have worked together through effective leadership to transform South Korea’s economic fortunes.

Asia's Next Giant

Asia's Next Giant PDF Author: Alice Hoffenberg Amsden
Publisher: Oxford University Press, USA
ISBN: 9780195076035
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
South Korea has been quietly growing into a major economic force, even challenging Japan in some industries. This growth may be seen as an example of "late industrialization" and this book discusses this point.