Korean Economy, The: Perspectives for the 21st Century

SUNY Press
1
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In The Korean Economy, Hyung-Koo Lee, formerly South Korea’s Minister of Labor, chronicles South Korea’s economic development from 1945–1994 and the public policies that have shaped that development. In the past, the South Korean government supported protectionist policies. Mr. Lee, arguing that these policies no longer serve the long-term interest of South Korea’s economy, supports the allowance of greater private-sector initiatives, a fundamental paradigm shift in South Korea’s economic policy. He argues that if South Korea is to become a major economic power, the government should withdraw from the economic front line. He also provides a succinct analysis of the vast economic potential of a reunified Korea and discusses the pros and cons of two alternative scenarios for the South Korean economy.
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About the author

Hyung-Koo Lee previously served as Minister of Labor in the South Korean government. He also served as Governor of the Korea Development Bank and as Vice Minister at the Ministry of Construction, the Ministry of Finance, and the Economic Planning Board.

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Additional Information

Publisher
SUNY Press
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Published on
Jan 1, 1996
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Pages
254
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ISBN
9781438410319
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Best For
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Language
English
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Genres
Business & Economics / General
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Content Protection
This content is DRM protected.
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Eligible for Family Library

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