Korea’s Economic Miracle

Fading or Reviving?

  • Charles Harvie
  • Hyun-Hoon Lee

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Introduction

    1. Charles Harvie, Hyun-Hoon Lee
      Pages 1-6
  3. Part I

    1. Front Matter
      Pages 7-7
    2. Charles Harvie, Hyun-Hoon Lee
      Pages 9-40
    3. Charles Harvie, Hyun-Hoon Lee
      Pages 41-75
  4. Part II

    1. Front Matter
      Pages 77-77
    2. Charles Harvie, Hyun-Hoon Lee
      Pages 79-118
  5. Part III

    1. Front Matter
      Pages 119-119
    2. Charles Harvie, Hyun-Hoon Lee
      Pages 180-202
  6. Part IV

    1. Front Matter
      Pages 203-203
    2. Charles Harvie, Hyun-Hoon Lee
      Pages 205-221
  7. Back Matter
    Pages 222-243

About this book


Korea, one of the original 'Tiger Economies', experiences a traumatic and largely unanticipated economic crisis in 1997-98 from which the country is still recovering. Despite having achieved spectacular economic advances from the early 1960s, the crisis laid bare numerous structural, economic and policy weaknesses. Charles Harvie and Hyun-Hoon Lee chronicle and analyze the key factors behind Korea's economic miracle from 1962-1989 and the causes that contributed to the economic downturn and ensuing crisis of 1997-98. Is the Korean economy still fading or is its revival underway? As the country undertakes a series of recovery measures, the authors consider the importance of the ongoing restructuring efforts in the corporate and banking sectors, the development of the 'new economy; and the potential economic advantages to be derived from reunification with the North.


crisis development economic policy Import macroeconomics New Economy

Authors and affiliations

  • Charles Harvie
    • 1
  • Hyun-Hoon Lee
    • 2
  1. 1.University of WollongongAustralia
  2. 2.Kangwon National UniversitySouth Korea

Bibliographic information