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Re-examination of Korea’s Economic Adjustment Policies since the 1997 Crisis

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New Development Strategies
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Abstract

Korea’s experience since the 1997 economic crisis has prompted many questions about its development policies and strategy towards the transition of the economy, whose rapid growth in the past had been based on a government-led development strategy, with heavy protection and intervention, in the move towards a fully market-based economy.

This chapter is a revised version of a paper presented at a workshop organized by the Institute of Developing Economies in Tokyo on 21–2 March 2001. I appreciate comments made by the participants of the workshop and Akira Kohsaka.

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© 2004 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Cho, Y.J. (2004). Re-examination of Korea’s Economic Adjustment Policies since the 1997 Crisis. In: Kohsaka, A. (eds) New Development Strategies. Palgrave Macmillan, London. https://doi.org/10.1057/9780230523609_9

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