Young-Iob Chung

South Korea in the Fast Lane (eBook, ePUB)

Economic Development and Capital Formation

• Format: ePub

Produktbeschreibung

After having been a Japanese colony for more than 35 years until 1945, the miraculous economic development in the southern half of the Korean peninsula has transformed from basically an agrarian economy to that of a major industrial power, which is now considered one of a dozen or so of most industrialized countries in the world, during the 43-year period between 1953 and 1996. This book is a study of development of the South Korean economy from the time of the cessation of the Korean War to date. The findings reveal a number of significant, though perhaps not all unique, patterns and characteristics of capital formation and economic development of South Korea. The combination of circumstances, approaches, and experiences in the country was in many respects unique in comparison to many developing and developed countries, including many Asian countries, such as Japan and China.

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Produktdetails

• Verlag: Oxford University Press
• Erscheinungstermin: 20. Juli 2007
• Englisch
• ISBN-13: 9780190296025
• Artikelnr.: 42726983

Autorenporträt

Young-Iob Chung was born in Korea. After briefly attending Seoul National University, he completed a BBA degree at the University of California at Los Angeles and received MA and PhD degrees in economics from Columbia University. He taught at Moravian College in Pennsylvania and was associate professor and professor of economics at Eastern Michigan University from 1966 to 1998. Chung also served as department head (1970-1994) and is now emeritus professor of economics. Among numerous publications, his most recent book is Korea Under Siege, 1876-1945: Capital Formation and Economic Transformation (OUP, 2006).