Contemporary South Korean Economy: Challenges and Prospects
In Contemporary South Korean Economy, Chiang provides a critical analysis of the Republic of Korea’s economic development in the two most recent decades. Chiang highlights that most of the literature on the Republic of Korea’s economy focuses on the country’s substantial economic growth periods between the 1960s and 1980s; yet, there is little literature that discusses Republic of Korea’s post-industrialization period. Examining the recent economic performance of the country is important because policymakers can observe whether the Republic of Korea’s export-oriented policies were sustainable in the long-run. This book aims to investigate the core economic structures of the country and issues after attaining its post-war industrialization. Contemporary South Korean Economy is a necessary addition to literature on the country’s miraculous growth.