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Restructuring Korea Inc
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ISBN: 113446939X 1280056010 0203219414 0415278651 0203295463 0429229925 9780203219416 9780415278652 9781134469390 9781134469345 9781134469383 1134469381 Year: 2003 Volume: 42 Publisher: London New York RoutledgeCurzon

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The 1997 South Korean financial crisis not only shook the country itself but also sent shock waves through the financial world at large. This impressive book critically assesses the conventional wisdom surrounding the Korean crisis and the performance of the IMF-sponsored reform programme.Looking first at the strengths and weaknesses of 'Korea Inc.' in comparison with other East Asian countries, the authors describe the challenges faced by Korea in the 1990s due to the acceleration of globalization. By arguing that the transition attempted by Korea was badly conceived and ill designed,

Emergent economies, divergent paths
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ISBN: 0521622093 9780521622097 9780511499586 9781107634510 0511168918 9780511168918 0511166389 9780511166389 0511167970 9780511167973 0511168489 9780511168482 0511499582 1107142423 1280436840 0511167423 0511312318 1107634512 Year: 2006 Publisher: New York Cambridge University Press

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The economies of South Korea and Taiwan in the second half of the twentieth century are to scholars of economic development what the economy of Britain in the late eighteenth and early nineteeth centuries is to economic historians. This book, first published in 2006, is a collaboration between a leading trade economist and a leading economic sociologist specializing in East Asia, and offers an explanation of the development paths of post-World War II Korea and Taiwan. The ambitions of the authors go beyond this, however. They use these cases to reshape the way economists, sociologists, and political scientists will think about economic organization in the future. They offer nothing less than a theory of, and extended evidence for, how capitalist economies become organized. One of the principal empirical findings is that a primary cause for the industrialization of East Asia is the retail revolution in the United States and the demand-responsiveness of Asian manufacturers.

Corporation and Korean capitalism.
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ISBN: 1134636903 1280333359 9786610333356 0203257995 0203021878 0415200520 9780203257999 9780415200523 9780203021873 9781134636853 9781134636891 9781134636907 Year: 1999 Publisher: London Routledge

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Corporatism and Korean Capitalism employs corporatist theory to examine the Korean experience of state-business ties. It includes theoretical chapters on Asian and Korean corporatism, case studies of agriculture, industry and industrial relations and an introduction to comparative corporatism. It helps to push the study of Korean political and economic change from description on to theoretical analysis.This volume will challenge researchers and students of Asian studies, economics and politics to extend and refine their understanding of both corporatism and Korea. Moreover, this

The limits of convergence : globalization and organizational change in Argentina, South Korea, and Spain
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ISBN: 0691116334 0691057052 1400824206 1283134659 9786613134653 1400814316 9781400814312 Year: 2001 Publisher: Princeton Princeton University Press

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This book challenges the widely accepted notion that globalization encourages economic convergence--and, by extension, cultural homogenization--across national borders. A systematic comparison of organizational change in Argentina, South Korea, and Spain since 1950 finds that global competition forces countries to exploit their distinctive strengths, resulting in unique development trajectories. Analyzing the social, political, and economic conditions underpinning the rise of various organizational forms, Guillén shows that business groups, small enterprises, and foreign multinationals play different economic roles depending on a country's path to development. Business groups thrive when there is foreign-trade and investment protectionism and are best suited to undertake large-scale, capital-intensive activities such as automobile assembly and construction. Their growth and diversification come at the expense of smaller firms and foreign multinationals. In contrast, small and medium enterprises are best fitted to compete in knowledge-intensive activities such as component manufacturing and branded consumer goods. They prosper in the absence of restrictions on export-oriented multinationals. The book ends on an optimistic note by presenting evidence that it is possible--though not easy--for countries to break through the glass ceiling separating poor from rich. It concludes that globalization encourages economic diversity and that democracy is the form of government best suited to deal with globalization's contingencies. Against those who contend that the transition to markets must come before the transition to ballots, Guillén argues that democratization can and should precede economic modernization. This is applied economic sociology at its best--broad, topical, full of interesting political implications, and critical of the conventional wisdom.

The colonial origins of Korean enterprise, 1910-1945
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ISBN: 0521385652 0521032083 0511528108 Year: 1990 Publisher: Cambridge Cambridge University Press

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South Korean conglomerates, or 'chaebol,' such as Hyundai and Samsung, play a far more important role in the Korean economy than do comparable large firms in the US and Japanese economies. Despite the importance of the chaebol to the rapid postwar development of the Korean economy, little has been written about their origins during the Japanese occupation. Through case studies of local ownership in major financial, commercial, and industrial ventures, this book provides a detailed picture of indigenous capitalism during Japanese colonization. Drawing on Japanese government sources, Korean biographies and diaries, interviews and US intelligence material, the author gives a compelling account of key personalities in the Korean business elite and of the personal dilemmas of balancing nationalism against success under dependent, colonial conditions. The author concludes that dependent rather than comprador capitalism characterized leading Korean businesses through 1945. Patterns of concentration within family enterprises, close ties with the colonial state, and mutual support among a Korean inner circle of business leaders constitute a legacy of the colonial period important to the subsequent development of Korean conglomerates.


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Foreign investment and investment arbitration in Asia
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ISBN: 9781780687131 1780687133 9781780688404 1780688407 Year: 2019 Publisher: Cambridge Intersentia

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This book brings together foreign investment and investment arbitration in Asia. It provides a critical analysis of foreign investment, its benefits and the legal regimes of the jurisdictions studied at a time when investor-state disputes are on the rise and investment arbitration is under growing scrutiny. Governments are under greater pressure to balance the promotion of investment with public policy development and interests and calls for a permanent court for investment arbitration are getting louder.0To assess future possibilities, this book takes stock of, brings together and analyses the legal regimes on foreign investment in 12 major Asian jurisdictions, namely China, Hong-Kong, India, Indonesia, Japan, South Korea, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. These constitute paradigmatic examples of what is happening in the legal framework of Asian foreign investment and the impact that the current system of investment arbitration has in all of them. The analysis shows the existence of changing positions and degrees of openness towards foreign investment in the region, as well as a distinct level of exposure to and involvement in investment arbitration.

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