Brazil and South Korea: Economic Crisis and Restructuring

Name: Brazil and South Korea: Economic Crisis and Restructuring
Brand: University of London Press
SKU: 9781900039512
Price: 3466.0 INR
Availability: InStock

by Edmund Amann , Ha-Joon Chang

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ISBN13: 9781900039512
Binding: Paperback
Subject: N/A
Publisher: University of London Press
Publisher Imprint: University of London Press
Publication Date: February 1, 2003
Pages: 242
Original Price: GBP 26.99
Language: English
Edition: N/A
Item Weight: 391 grams
BISAC Subject(s): Economics / Comparative

About The Book

The 1990s saw lower- and middle-income countries throughout the world come under pressure to open their domestic markets to international trade and investment. Despite the progressive implementation of market-friendly policies, many emerging market countries experienced financial market volatility, exchange rate collapse, and slumps in output. These problems profoundly affected two of the world's largest middle-income industrialized countries - Brazil and South Korea. Despite superficial similarities, prior to the onset of crisis both countries had very different models of industrialization and had adopted contrasting approaches to trade and market reform. This collection analyzes the factors underlying the economic crises in South Korea and Brazil, pointing out areas of similarity and divergence. It also reviews the paths of recovery taken by both economies, examining the role of policy and variations in structural characteristics.
Contributors include Andre Averburg (United Nations Development Programme/ Banco Nacional de Desenvolvimento Economico e Social, Brazil), Fabio Giambiagi (Banco Nacional de Desenvolvimento Economico e Social), Andrea Goldstein (OECD Development Centre), Louise Haagh (Department of Politics, University of York, USA), Tat Yan Kong (School of Oriental and African Studies, University of London, UK), Jose Ricardo Ramalho (Federal University of Rio de Janeiro, Brazil), Ben Ross Schneider (Center for International and Comparative Studies, Northwestern University, USA), and Jaang-Sup Shin (Department of Economics, National University of Singapore).

About The Author

Edmund Amann is a lecturer at the School of Economic Studies, University of Manchester. Ha-Joon Chang is a reader in the Political Economy of Development at the Faculty of Economics, University of Cambridge, UK.

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