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Korea: The Impossible Country
by Daniel Tudor[Long overshadowed by Japan and China, South Korea is a small country that happens to be one of the great national success stories of the postwar period. From a failed state with no democratic tradition, ruined and partitioned by war, and sapped by a half-century of colonial rule, South Korea transformed itself in just fifty years into an economic powerhouse and a democracy that serves as a model for other countries. With no natural resources and a tradition of authoritarian rule, Korea managed to accomplish a second Asian miracle.Daniel Tudor is a journalist who has lived in and written about Korea for almost a decade. In Korea: The Impossible Country, Tudor examines Korea's cultural foundations; the Korean character; the public sphere in politics, business, and the workplace as well as the family, dating, and marriage. In doing so, he touches on topics as diverse as shamanism, clan-ism, the dilemma posed by North Korea, the myths about doing business in Korea, the Koreans' renowned hard-partying ethos, and why the infatuation with learning English is now causing huge social problems.]South Korea has undergone two miracles at once: economic development and complete democratization. The question now is, will it become as some see Japan, a rich yet aging society, devoid of energy and momentum? Or will the dynamism of Korean society and its willingness to change-as well as the opportunity it has now to welcome outsiders into its fold-enable it to experience a third miracle that will propel it into the ranks of the world's leading nations in terms of human culture, democracy, and wealth?
Korea at the Center: Dynamics of Regionalism in Northeast Asia
by Charles K. Armstrong Gilbert Rozman Samuel S. Kim Stephen KotkinThe common images of Korea view the peninsula as a long-standing battleground for outside powers and the Cold War's last divided state. But, Korea's location at the very center of Northeast Asia gives it a pivotal role in the economic integration of the region and the dynamic development of its more powerful neighbors. A great wave of economic expansion, driven first by the Japanese miracle and then by the ascent of China, has made South Korea - an economic powerhouse in its own right - the hub of the region once again, a natural corridor for railroads and energy pipelines linking Asiatic Russia to China and Japan. And, over the horizon, an opening of North Korea, with multilateral support, would add another major push toward regional integration. Illuminating the role of the Korean peninsula in three modern historical periods, the eminent international contributors to this volume offer a fresh and stimulating appraisal of Korea as the key to the coalescence of a broad, open Northeast Asian regionalism in the twenty-fifth century.
Korea First Bank (A)
by Yasheng Huang Kirsten J. O'Neil-MassaroIn December 1999, Newbridge Capital, an equity investment fund based in San Francisco, successfully negotiated with the Korean government to acquire a controlling interest in Korea First Bank. It was the first time a foreign financial institution acquired a Korean Bank. The negotiation was difficult and protracted, and the two sides tried hard to reach an agreement that would preserve the interests of both. The case examines the conditions and the motivations underlying one of the most significant acquisition deals in the Korean economy.
Korea Telecom: Building a GiGAtopia
by Feng Zhu Shane Greenstein Kerry HermanKorea Telecom has committed $4billion in investments and R&D to build a GiGAtopia, essentially ushering in the next generation of mobile (5G) and wired infrastructure. CEO Dr. Hwang and his team are considering which areas to prioritize in terms of new products and services in development. The top five sectors identified by KT's team include Internet of Things (including connected cars and smart city/homes), media, health, energy, and security and surveillance. Which might provide some quick wins both in terms of revenues and market lead. Should KT develop solutions that could be exported to other countries? Should KT go all in across all five sectors, or select one or two to prioritize?
Korea Telecom: Building a GiGAtopia
by Feng Zhu Kerry Herman Shane GreensteinKorea Telecom has committed $4billion in investments and R&D to build a GiGAtopia, essentially ushering in the next generation of mobile (5G) and wired infrastructure. CEO Dr. Hwang and his team are considering which areas to prioritize in terms of new products and services in development. The top five sectors identified by KT's team include Internet of Things (including connected cars and smart city/homes), media, health, energy, and security and surveillance. Which might provide some quick wins both in terms of revenues and market lead. Should KT develop solutions that could be exported to other countries? Should KT go all in across all five sectors, or select one or two to prioritize?
Korea Telecom: Building a GiGAtopia (A)
by Feng Zhu Kerry Herman Shane GreensteinKorea Telecom has committed $4billion in investments and R&D to build a GiGAtopia, essentially ushering in the next generation of mobile (5G) and wired infrastructure. CEO Dr. Hwang and his team are considering which areas to prioritize in terms of new products and services in development. The top five sectors identified by KT's team include Internet of Things (including connected cars and smart city/homes), media, health, energy, and security and surveillance. Which might provide some quick wins both in terms of revenues and market lead. Should KT develop solutions that could be exported to other countries? Should KT go all in across all five sectors, or select one or two to prioritize?
Korea Telecom: Building a GiGAtopia (B)
by Feng Zhu Shane Greenstein Susie L. MaKorea Telecom has committed $4billion in investments and R&D to build a GiGAtopia, essentially ushering in the next generation of mobile (5G) and wired infrastructure. CEO Dr. Hwang and his team are considering which areas to prioritize in terms of new products and services in development. The top five sectors identified by KT's team include Internet of Things (including connected cars and smart city/homes), media, health, energy, and security and surveillance. Which might provide some quick wins both in terms of revenues and market lead. Should KT develop solutions that could be exported to other countries? Should KT go all in across all five sectors, or select one or two to prioritize?
Korean Attitudes Toward the United States: Changing Dynamics
by David I. SteinbergThis is the first book-length work in English dealing with the crucial and troubled relationship between Korea and the United States. Leading scholars in the field examine the various historical, political, cultural, and psychological aspects of Korean-American relations in the context of American global and East Asian relationships, especially with Japan.
The Korean Automotive Industry, Volume 1: Beginnings to 1996
by A. J. JacobsIn 1962, South Korea assembled just 1,100 new automobiles. By 1996, this total had soared to 2,812,714. What explains this remarkable growth? The answer is complex, and involves a combination of a supportive State, timely technology alliances, a skilled but historically low-paid workforce, aggressive pricing, savvy entrepreneurs, and fortuitous circumstances. Despite this amazing ascent, comparatively little has been written about the Korean auto industry in English. In the first of a two-volume set, this 11-chapter book seeks to help fill this void by providing in-depth examinations of all six of Korea’s automakers from their beginnings through 1996. Uniquely written from the perspective of industry analysts at the time (without knowledge of the Asian Fiscal Crisis), the book should prove informative to practitioners, scholars, and students interested in automotive history, international political economy, Asian studies, and more.
The Korean Automotive Industry, Volume 2: Asian Crisis to Today, 1997–2020
by A.J. JacobsThis volume chronicles the maturation of the South Korean auto industry and its native automakers, from the 1997 Asian Crisis to 2019. After examining the context for domestic vehicle production in South Korea, the author presents multiple case studies for all five Korean automakers: General Motors Korea/Daewoo Motors, Kia, Hyundai, Ssangyong and Renault Samsung. This includes coverage of Hyundai-Kia’s foreign plants in North America, Europe, India, China, and Emerging Asia. The book closes by assessing the five-to-ten-year future outlooks for Korean automakers at home and abroad. This important work will prove informative to scholars of business, management, automotive history, international development, Asian studies, and public administration.
Korean Business Communication: A Comprehensive Introduction
by Yeonkwon JungKorean Business Communication demonstrates the heuristic value of the research on Korean business communication. It is composed of two parts: theory and practice. First, alongside the review of the major research trend of Asian business communication, it explores the contemporary teaching trend of business communication in Korean higher education to define business communication from the local perspective. It also shows how Korean business professionals manage facework within the communication rules or cultural values. Second, Korean business communication data are analyzed with the main sources of three competences, discourse competence, sociolinguistic competence, and strategic competence. Emphasis is on stakeholder communication genres, Korean service encounters, Korean business apology, and Korean CEO’s online greetings. By examining how business communication and Korean communication are projected to Korean business, Korean Business Communication provides the audience knowledge far beyond cultural stereotypes in Korean business communication illustrated in classical textbooks on Korean business communication. A useful book for researchers and students in Asian business communication; intercultural communication and global communication.
Korean Business Etiquette: The Cultural Values and Attitudes that Make Up the Korean Business Personality
by Boye Lafayette De MenteSouth Korean companies and technology have suddenly conquered the world. Samsung, Hyundai and LG are industry leaders and the global brands. <P><P>Korean culture in the form of K-Pop music videos and "Korean Wave" films and TV dramas are watched everywhere from Tel Aviv to Singapore to Rio. Korean gourmet food trucks ply the streets of New York and LA, and kimchi has found a place on the shelves of well-stocked supermarkets around the world.With just a fraction of Japan's land area, less than half its population, and no natural resources--how have Korean companies managed to conquer the world in such a short period of time? What is the "secret sauce" of Korean business practices and companies that makes them so successful?To find out, readers need more than statistics and company profiles. Learning the basics about Korean culture, about Korean social etiquette and Korean business culture, will enable you to understand for the first time how Koreans think and why they work so effectively to achieve their goals. This understanding will enhance your own effectiveness in doing business with Koreans, or in competing with them--whether in Korea or elsewhere.
Korean Businesses: Internal and External Industrialization (Studies In Asia Pacific Business)
by CHRIS ROWLEY; JOHNGSEOK BAEEssays in the book focus on the Korean model of industrialization and internal internationalization, organizational capabilities and management roles, and disadvantages inherent in the model. The subjects covered include corporate catch-up strategies, foreign investment, and future possibilities.
Korean Crisis and Recovery
by David T. Coe Se-Jik KimThis volume contains papers presented at a May 2001 conference in Seoul sponsored by the IMF and the Korea Institute for International Economic Policy on the Korean Crisis and Recovery. The papers examine the response to the 1997 crisis, its long-term impact on growth, and the state of financial and corporate sector reforms. Authors include academics, Korean policymakers, and IMF and World Bank staff involved in the Korean program. [from the IMF website]
The Korean Developmental State
by Kyung Mi KimThis book analyzes, from a historical comparative perspective, the Korean economic development model, the extent to which it has changed from its classical model, and what constitutes its changes and continuity. Unlike studies claims the dissolution of Korean developmentalism, the book holds that the Korean state maintains its characteristics of state-led capitalism despite significant changes in policies and instruments rather than converge toward an AngloSaxon-style free market system. It emphasizes that the continuity of state-led capitalism is compatible with institutional change. Some institutionalists insist that the continuity of Korean developmentalism is based on path dependency. In contrast, this book argues that Korean capitalism could sustain its state developmentalism by changes in policies and instruments to improve national industrial competitiveness in the changed context of international competition. This book will be of interest to East Asian scholars, comparative economists, and those curious about the future of the Korean peninsula.
Korean Dynasty: Hyundai and Chung Ju Yung
by Donald KirkThis study focuses on a single Korean "chaebol", the business conglomerate which dominates the Korean economy. Hyundai, the largest chaebol, is examined in the context of Korean history, ancient and modern, and the Confucian value system that permeates all Korean life.
The Korean Economic Developmental Path
by Seok-Choon LewThis book defines the Korean development as the moral economy of growth derived from a synergy between strong state and strong society and argues that Confucian cultural orientation has played a critical role in the process.
The Korean Economic System: Governments, Big Business and Financial Institutions (Asian Finance and Development)
by Moosung Lee Jae-Seung ShimFocusing on the formation of the Korean economic system, this book presents a fascinating and comprehensive analysis of economic development outside of the traditional neo-classical, developmental-state and dependency perspectives. It examines in detail the evolution of institutions that contributed to economic growth and the formation and the workings of the economic system. With an emphasis on the interaction between government, private institutions (Chaebol and financial institutions) and the influence of Japan, it offers one of the most stimulating and distinctive views of Korean economic development to date. It will be of key interest to scholars and researchers of financial growth and development, Asian finance, and regional and heterodox economics.
The Korean Economy: From Growth to Maturity (Routledge Studies in the Modern World Economy)
by You-il Lee Richard LeeThe Korean Economy: From Growth to Maturity takes an in-depth, amalgamated look at the evolution of Korea’s globalization drive from the early 2000s (Kim Dae-jung regime, 1998–2003) to the present period (Park Geun-hye, 2013–2017). The book discusses the role of foreign companies on the sustainability of Korea’s economic growth, the relationship between the chaebol and the MNCs, the evolution of Korea's nation brand, and the role of the state in Korea’s new economic trajectory (globalization) since the 2000s. With data collected from fieldwork, the book provides both empirical and qualitative insights (economic, socio-cultural and political economic analysis) into the Korean political economy and would be a very useful reference to other emerging economies experiencing similar globalization paths.
The Korean Economy at the Crossroads: Triumphs, Difficulties and Triumphs Again (Routledge Studies in the Growth Economies of Asia #No.48)
by Chung-Sok Suh Moon Joong TchaFor many years up until 1997, Korea was widely seen in economic and financial circles as something of a miracle. The financial crisis that Korea experienced then did much to set its economy back, but by 2001 it was still the 13th largest economy in terms of GDP in the world.This enticing collection, with contributions from experts with an impressive knowledge of Korea and its economy, charts not only the well documented causes of the crisis, but more importantly, its response and recovery from it. With an admirable scholarly rigour, the book covers such topics as: *the origin and evolution of the Korean economic system and its special factors including chaebols*Korean industries since the crisis*What happened to the money after the capital flight of the crisis and did the USA benefit?"The Korean Economy at the" "Crossroads" is intended and recommended not only for students and academics involved in international finance, economics and Asian studies, but also for the business leaders and policy makers who can draw lessons from the books important analyses.
Korean Entrepreneurship
by T. Youn-ja ShimThe growth of entrepreneurship in South Korea has turned the country into an economic powerhouse. In this collection of essays, scholars highlight the favourable political and cultural values conductive to its development, including the characteristics of entrepreneurial family firms and the impact of new media and globalization.
The Korean Government and Public Policies in a Development Nexus
by Min Gyo Koo Huck-Ju Kwon Jongwon ChoiIn the postwar period, Korea's economic and social-political metamorphosis is a rare example of a successful transition from one of the world's poorest developing countries to a highly sophisticated industrial society--an experience which many developing countries are keen to emulate The change is particularly significant as Korea was able to reduce poverty and keep social inequality at a modest level during its rapid economic development. This volume analyzes the Korean transition in regards to the political and institutional foundation of its government and public policies The government of Korea single-mindedly carried out public policies to stimulate economic growth, but the government and public policies have themselves been affected and changed by the process The contention of this volume is that the transition of Korean society and the evolution of the Korean government are the results of two-way interactions In this context, the volume analyzes the way in which the dynamics of public administration were shaped within the Korean government and the kinds of public policies and instruments that were adopted to encourage this economic and social development This analysis will allow a more complete understanding of the economic and social transformation of Korea Surprisingly, there is a paucity of research on this aspect--a gap which this volume seeks to fill This volume shows that it is necessary to maintain consistency and coherence in government and public policy in order to achieve economic and social transformation, making it of interest to both scholars and policy-makers concerned with development in the Asia-Pacific.
The Korean Government and Public Policies in a Development Nexus, Volume 1
by Huck-Ju Kwon Min Gyo KooIn the postwar period, Korea's economic and social-political metamorphosis is a rare example of a successful transition from one of the world's poorest developing countries to a highly sophisticated industrial society--an experience which many developing countries are keen to emulate. The change is particularly significant as Korea was able to reduce poverty and keep social inequality at a modest level during its rapid economic development. This volume analyzes the Korean transition in regards to the political and institutional foundation of its government and public policies. The government of Korea single-mindedly carried out public policies to stimulate economic growth, but the government and public policies have themselves been affected and changed by the process. The contention of this volume is that the transition of Korean society and the evolution of the Korean government are the results of two-way interactions. In this context, the volume analyzes the way in which the dynamics of public administration were shaped within the Korean government and the kinds of public policies and instruments that were adopted to encourage this economic and social development. This analysis will allow a more complete understanding of the economic and social transformation of Korea. Surprisingly, there is a paucity of research on this aspect--a gap which this volume seeks to fill. This volume shows that it is necessary to maintain consistency and coherence in government and public policy in order to achieve economic and social transformation, making it of interest to both scholars and policy-makers concerned with development in the Asia-Pacific.