{"product_id":"the-tortuous-path-of-south-korean-economic-development-hardback-9781009419321","title":"The Tortuous Path of South Korean Economic Development (Hardback) 9781009419321","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe Tortuous Path of South Korean Economic Development\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eThis book explains that South Korea has transformed itself from a developing to a developed country through a tortuous path.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eJaymin Lee (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781009419321, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 21 December 2023\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e494 pages\u003cbr\u003e23.5 x 15.6 x 3 cm, 0.913 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e'There have been numerous books written about South Korea's rapid development in the latter half of the twentieth century. Jaymin Lee, in this important contribution to our understanding of the Korean experience brings the story up to the present and puts that experience in the much broader context of the country's history, its politics, and its challenging international environment. It is a major work that should be read by both newcomers and specialists.' Dwight H. Perkins, Harold Hitchings Burbank Research Professor of Political Economy, Harvard University\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThis book explains how South Korea has uniquely transformed itself from a developing to a developed country by combining economic analysis with historical perspective, an approach badly needed but rarely taken by previous studies. The book shows that the country has done so through a tortuous process. It first explains how Korea failed earlier in history to emerge as a developing rather than a developed country after the Second World War but South Korea began to grow rapidly in the 1960s. It then explains that the country has sustained growth while undergoing recurring crises, examining three conditions for sustaining growth: macroeconomic management, structural transformation, and social conflict management. While doing so, the book interprets some important subjects differently from the previous studies; it also explains some other important subjects they have not covered sufficiently. The book finally discusses questions for the future briefly.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e1. South Korean Economic Development in Perspective\u003cbr\u003e 2. The Great Tradition that Failed\u003cbr\u003e 3. Some Lights in the Dark\u003cbr\u003e 4. Kicking Off the Miracle\u003cbr\u003e 5. Contours of the High Economic Growth\u003cbr\u003e 6. Industrial Policy and Chaebol\u003cbr\u003e 7. Growth with Equity?\u003cbr\u003e 8. Crisis and Reform\u003cbr\u003e 9. The Slowing Engine of Growth\u003cbr\u003e 10. Industrial Policy and Firms\u003cbr\u003e 11. Inequality, Jobs, and Welfare\u003cbr\u003e 12. Questions for the Future\u003cbr\u003e Appendices\u003cbr\u003e References\u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Development economics \u0026amp; emerging economies [\u003ca title=\"See our other books on Development economics \u0026amp; emerging economies\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Development%20economics%20\u0026amp;%20emerging%20economies%20%5BKCM%5D%22\"\u003eKCM\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Brand New","offer_id":52414004723992,"sku":"9781009419321","price":77.97,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781009419321i.jpg?v=1784335500","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-tortuous-path-of-south-korean-economic-development-hardback-9781009419321","provider":"Freshly Printed Books","version":"1.0","type":"link"}