From Evolution to Revolution: Korea's New Market EnvironmentThis multi-disciplinary book not only offers a close examination of the dynamics and politico-economic significance of Korea's 1997 financial and economic crisis but also provides an accurate assessment of the intertwining economic, social, political and cultural aspects of the relationship between foreign investment and Korea's new changing economic and market environment, as well as an encompassing analysis of the historical shaping of Korea's current political economy. The micro-specific and firm-level nature of the book provides qualitative insights into the Korean business mindset while exploring how multinational corporations mesh with the Korean marketplace in the prevailing, yet continually changing, economic and market environment. In particular, this book expands further the market analysis offering a cohesive exploration of the political economic framework, which comprises a detailed appraisal of the social, political, cultural and institutional changes reflected in the course of Korea's capitalist industrial development. |
Contents
The Evolution of the Korean Political Economy | 10 |
An Opportunity for MNCs? | 38 |
Dynamics and Contradictions | 72 |
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Asia Asian countries Asian values authoritarian Bank of Korea banks behaviour brand bureaucrats business hub business in Korea chaebol groups Chamber of Commerce chapter China Commerce in Korea companies in Korea competition corruption critical Daewoo decision to invest difficulties domestic economic growth Economist Intelligence Unit European example export factors financial crisis financial institutions financial sectors foreign capital foreign companies foreign investors global globalisation Hong Kong Hyundai important Indonesia industrialisation industries infrastructure invest in Korea issues Japan Kim Dae-Jung Kim Young-Sam Korea Ltd Korean business culture Korean companies Korean consumers Korean economy Korean financial Korean government Korean government's Korean market Korean political economy labour unions lack loans major Malaysia market environment million MNCs Northeast Asian opportunities Park Chung-Hee particular policies potential regime relationship restructuring result role Samsung senior Seoul Singapore social strategy strong structure survey Taiwan Thailand trade