Korea's Political Economy

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Business Groups
Capital Gains Tax
Category=JP
Central Government
chaebol corporate structure
comparative institutional reform in South Korea
Corporate Income Tax
economic development models
economic modernization
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financial system transformation
Gift Taxes
GNP Growth
High Speed Economic Growth
Indirect Tax Exemptions
Industrial Relations System
institutional economics
International Competitiveness
Korea's cultural heritage
Korea's economic system
Korea's Political Economy
Korean Economy
Korean Financial
Korean Financial System
Korean Tax
Labor Management Council
Labor Management Relations
labor relations reform
land policy analysis
Land Price
Land Price Increase
Large Business Groups
National Economic Management
Personal Income Tax
political democratization
Sixth Republics
social institutional reform
West Germany

Product details

  • ISBN 9780367016838
  • Weight: 1530g
  • Dimensions: 147 x 229mm
  • Publication Date: 07 Jun 2019
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Over the past three decades, South Korea has moved along a path of strong economic growth and political democratization, attracting worldwide attention and providing valuable lessons for other developing economies. Yet Korea still must grapple with many intractable problems fueled by its rapid industrialization and uneven growth, including unbalanced distribution of wealth, concentrated economic power, and adversarial relationships between management and labor. Within the context of these sweeping changes, this volume explores options for economic and social institutional reform in Korea. Drawing on models of economic development from Japan, the United States, and Europe, a distinguished group of Asian and Western scholars relates the experiences of previously industrialized economies to each facet of Koreas economic system, including national management; taxation and banking; land ownership and use; trade and industrial strategy; and relations among business ownership, management, and labor. In so doing, the contributors provide valuable insights and fresh proposals for a viable model of social and economic modernization. Throughout the volume, the contributors emphasize the importance of Koreas cultural heritage—not only in explaining the nations recent growth but also as a key element of its continued success. By providing an overview of the evolution and interaction of Korean economic, political, and sociocultural institutions, the contributors make clear how these structures mediate the movement between cultural values and economic progress.