• myGriffith
    • Staff portal
    • Contact Us⌄
      • Future student enquiries 1800 677 728
      • Current student enquiries 1800 154 055
      • International enquiries +61 7 3735 6425
      • General enquiries 07 3735 7111
      • Online enquiries
      • Staff phonebook
    View Item 
    •   Home
    • Griffith Research Online
    • Book chapters
    • View Item
    • Home
    • Griffith Research Online
    • Book chapters
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

  • All of Griffith Research Online
    • Communities & Collections
    • Authors
    • By Issue Date
    • Titles
  • This Collection
    • Authors
    • By Issue Date
    • Titles
  • Statistics

  • Most Popular Items
  • Statistics by Country
  • Most Popular Authors
  • Support

  • Contact us
  • FAQs
  • Admin login

  • Login
  • Paradigm shift in Korean economic policy in the wake of the 1997 financial crisis

    Author(s)
    Kwon, Oh
    Griffith University Author(s)
    Kwon, Oh Y.
    Year published
    2001
    Metadata
    Show full item record
    Abstract
    Paradigm shift in Korean economic policy in the wake of the 1997 financial crisis O. Yul Kwon INTRODUCTION The objective of this chapter is to examine critically a shift in the paradigm of South Korean economic policy in the wake of the 1997 financial crisis. After a successful performance over the last three decades, the South Korean economy (hereafter South Korea will be referred to as Korea) fell into financial crisis in 1997, and was rescued by the IMF. No one would repudiate the fact that the government has played the pivotal role not only as regards the prodigious growth of the Korean economy over the last three decades, ...
    View more >
    Paradigm shift in Korean economic policy in the wake of the 1997 financial crisis O. Yul Kwon INTRODUCTION The objective of this chapter is to examine critically a shift in the paradigm of South Korean economic policy in the wake of the 1997 financial crisis. After a successful performance over the last three decades, the South Korean economy (hereafter South Korea will be referred to as Korea) fell into financial crisis in 1997, and was rescued by the IMF. No one would repudiate the fact that the government has played the pivotal role not only as regards the prodigious growth of the Korean economy over the last three decades, but also in the recent developments of the financial crisis and the ensuing restructuring process. Its economic policy has extensively permeated and affected all the factors related to recent economic developments, rendering it of overriding importance. A few burning questions have therefore arisen, including the following. Why did Korean economic policy work well over the three decades of the economic success period? Why should the economic policy that had worked well in the past have suddenly failed, thereby resulting in the financial crisis? How would the Korean policy paradigm change in the wake of the financial crisis? It appears that these questions have not been dealt with systematically and comprehensively.
    View less >
    Book Title
    Beyond the Asian Crisis: Pathways to sustainable growth
    DOI
    https://doi.org/10.4337/9781781009901.00011
    Publication URI
    http://hdl.handle.net/10072/965
    Collection
    • Book chapters

    Footer

    Disclaimer

    • Privacy policy
    • Copyright matters
    • CRICOS Provider - 00233E
    • TEQSA: PRV12076

    Tagline

    • Gold Coast
    • Logan
    • Brisbane - Queensland, Australia
    First Peoples of Australia
    • Aboriginal
    • Torres Strait Islander