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"This book explains how South Korea has uniquely transformed itself from a developing to a developed country by combining economic analysis with historical perspective. The book shows that the path has been a tortuous one, involving earlier failure in history and recurring crises after the high growth began"--
List of contents
1. South Korean Economic Development in Perspective; 2. The Great Tradition that Failed; 3. Some Lights in the Dark; 4. Kicking Off the Miracle; 5. Contours of the High Economic Growth; 6. Industrial Policy and Chaebol; 7. Growth with Equity?; 8. Crisis and Reform; 9. The Slowing Engine of Growth; 10. Industrial Policy and Firms; 11. Inequality, Jobs, and Welfare; 12. Questions for the Future; Appendices; References; Index.
About the author
Jaymin Lee, PhD (Harvard), is Professor Emeritus of Economics at Yonsei University, Seoul, South Korea. He was Vice Chairman of the National Economic Advisory Council of the Republic of Korea (2019–21), president of the Korea Development Economics Association (2006–7) and president of the Korean Economic History Society (2001–3). Jaymin also served as Editor of the International Economic Journal for 2002–15. As an economist, he combines theoretical analysis with historical perspectives and policy insights to explain South Korea's economic development.
