Search

The Korean Economy provides an overview of Korean economic experience since the 1950s, with a focus on the period since democratization in 1987. Chapters analyze the Korean experience from a wide range of economic and social perspectives, as well as describing the country's economic challenges going forward and how they can best be met.

Preliminary Material -- Theories of Financial Development and the Relevance of Korean Experience -- The Financial System: Size, Structure, and Patterns of Intermediation -- Korea's Regulated Financial Institutions -- The Unregulated Financial Institutions and Markets -- Interactions of the Regulated and Unregulated Financial Markets -- Policies to Influence Resource Allocation -- Policies to Influence Resource Mobilization: The Monetary Reform of 1965 -- Price-Stabilization Problems and Policies -- Financial Development and Economic Development -- Lessons from the Korean Experience -- Epilogue -- Farmers' and Fishermen's Usurious Debts Resettlement Order -- Summary of Principal Recommendations Made by Gurley, Patrick, and Shaw -- Readjustment of Curb-Market Borrowings -- Notes -- Bibliography -- Index -- Harvard East Asian Monographs.