The Rise and Fall of Koreas Economic Development

This book provides a unique and refreshing look at the Korean economy over the past 60 years. While most books and articles on the Korean economy would be technical or specifically address some aspect of Korea, this book takes an overarching view of Koreas economic development. It assesses Koreas economic take-off in the 1960s and 1970s, but also views the problems of economic egalitarianism since the late-1980s to today. The book begins by listing and dispelling a number of important myths of the Korean economy and concludes by providing eight important lessons derived from Koreas experiences for developed as well as developing countries.