Explores the economic and social development of Korea, primarily in the twentieth century. Includes extensive statistical data. Examines the impact of Japanese colonialism and subsequent macroeconomic development, industrialization, rural development, fiscal and financial development, income distribution, the development of foreign trade, the role of education, foreign assistance, and urbanization. Includes 134 tables and 10 figures summarizing historical statistical data.
This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.
This book investigates the contextual factors that led to Korean society becoming ‘broadband heaven’ — the most wired nation in the world — by scrutinizing the historical contexts surrounding the Korean Information Infrastructure (KII) project (1995–2005), which aimed to establish a nationwide high-speed backbone network, as well as its later evolution, which involved redesigning the public infrastructure. The book details the hidden mechanisms and the real elements of building the ‘broadband heaven’: the global constraints conditioning its telecom policies, the dense state–capital linkages, and the bureaucratic desire for social control. It draws on the state-in-society approach to analyze the deformations caused by the symbiosis between the state and big business in implementing the rosy vision of the broadband network. This book provides insights into how to formulate future telecom policies along much more democratically participatory lines while restraining the overwhelming power of the telecom oligopolies and conglomerates. It stands alone as a comprehensive study of the recent East Asian model of IT development, written specifically to examine Korea’s socio-historical mechanisms for promoting physical speed and broadband mobility. This book will be important reading to anyone interested in Korean Studies, Information Technology and I.T. Development.
The remarkable economic growth achieved by Japan and Korea makes analysis of the style of economic management practiced in each of special interest. Some similarities emerge, specifically a strong partnership between government and the private sector, an export-oriented development strategy, and emphasis on education and the development of skills. The policies differed in that government became the more senior partner and the apparatus of planning and policy making was more centralized and streamlined in Korea, and Korea relied much more on foreign trade. Although the experience of these two countries in general confirms that prices, markets, and outward orientation can play a significant part in economic development, their styles of economic management do not fall neatly into the conventional pigeonholes in economics. No definitive conclusions as to transferability of the Japanese and Korean techniques emerge, but some important inferences can be drawn from the experiences of Japan and Korea regarding the power of prices and role of competition, both internal and external.
Explores the economic and social development of Korea, primarily in the twentieth century. Includes extensive statistical data. Examines the impact of Japanese colonialism and subsequent macroeconomic development, industrialization, rural development, fiscal and financial development, income distribution, the development of foreign trade, the role of education, foreign assistance, and urbanization. Includes 134 tables and 10 figures summarizing historical statistical data.
This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.
The remarkable economic growth achieved by Japan and Korea makes analysis of the style of economic management practiced in each of special interest. Some similarities emerge, specifically a strong partnership between government and the private sector, an export-oriented development strategy, and emphasis on education and the development of skills. The policies differed in that government became the more senior partner and the apparatus of planning and policy making was more centralized and streamlined in Korea, and Korea relied much more on foreign trade. Although the experience of these two countries in general confirms that prices, markets, and outward orientation can play a significant part in economic development, their styles of economic management do not fall neatly into the conventional pigeonholes in economics. No definitive conclusions as to transferability of the Japanese and Korean techniques emerge, but some important inferences can be drawn from the experiences of Japan and Korea regarding the power of prices and role of competition, both internal and external.
Thank you for visiting our website. Would you like to provide feedback on how we could improve your experience?
This site does not use any third party cookies with one exception — it uses cookies from Google to deliver its services and to analyze traffic.Learn More.