The Korean Economy

In The Korean Economy, Hyung-Koo Lee, formerly South Korea's Minister of Labor, chronicles South Korea's economic development from 1945-1994 and the public policies that have shaped that development. In the past, the South Korean government supported protectionist policies. Mr. Lee, arguing that these policies no longer serve the long-term interest of South Korea's economy, supports the allowance of greater private-sector initiatives, a fundamental paradigm shift in South Korea's economic policy. He argues that if South Korea is to become a major economic power, the government should withdraw from the economic front line. He also provides a succinct analysis of the vast economic potential of a reunified Korea and discusses the pros and cons of two alternative scenarios for the South Korean economy.

Year

1996

Language

English

Publisher

State University of New York Press

Editions

1

Pages

254

ISBN

9780791428887

Data source: Wikidata