Acknowledgments Introduction Part I. Business Groups and Economic Organization: 1. The problem of economic organization 2. Interpreting business groups in South Korea and Taiwan 3. A model of business groups: the interaction of authority and market power in the context of competitive economic activity 4. Economic organization in South Korea and Taiwan: a first test of the model Part II. Emergence and Divergence of the Economies: 5. The origins of capitalist economic organization 6. The rise of intermediary demand: a reassessment of the 'Asian miracle' 7. Global matching, demand responsiveness, and the emergence of divergent economies 8. Trade performance of South Korea and Taiwan: a second test of the model Conclusions Appendix A. Mathematical model of business groups Appendix B. Examples of differential pricing practices of Korean groups Appendix C. Hypothesis tests of the model Appendix D. The role of debt in the Korean financial crisis, 1997 References Index.
Acknowledgments Introduction Part I. Business Groups and Economic Organization: 1. The problem of economic organization 2. Interpreting business groups in South Korea and Taiwan 3. A model of business groups: the interaction of authority and market power in the context of competitive economic activity 4. Economic organization in South Korea and Taiwan: a first test of the model Part II. Emergence and Divergence of the Economies: 5. The origins of capitalist economic organization 6. The rise of intermediary demand: a reassessment of the 'Asian miracle' 7. Global matching, demand responsiveness, and the emergence of divergent economies 8. Trade performance of South Korea and Taiwan: a second test of the model Conclusions Appendix A. Mathematical model of business groups Appendix B. Examples of differential pricing practices of Korean groups Appendix C. Hypothesis tests of the model Appendix D. The role of debt in the Korean financial crisis, 1997 References Index.
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