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5.0 out of 5 stars
Interesting economic history of Korea and its progression/reform thru the financial crisis,
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This review is from: Reforming Korea's Industrial Conglomerates (Paperback)
A very interesting book detailing Korea's economic development since the Korean War and through the Asian financial crisis. Highlights much of the government directed import substitution policy and discusses the advantages and disadvantages of the choices made. Challenges the heavy chemical and industry revolution of the 70s in questioning whether it was the optimal return on investment, and shows a thorough comparison of the high debt to equity ratios of Korean chaebol pre-IMF, noting stark differences between the firms that survived and those that failed (most notably, Daewoo). Overall a very good read if interested in Korean economics.
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Reforming Korea's Industrial Conglomerates by Edward M. Graham (Paperback - January 1, 2003)
$28.00
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