Disagreements persist on whether the Korean and Taiwanese economic miracle is export-led as advocated by market fundamentalists or investment-led as envisioned by the market interventionists. The Granger causality test has been conducted within the context of a VAR system comprised of exports,...

Corporate strategy and the competitiveness of Korean electronics firms versus their Japanese and Chinese counterparts / Hyungoh Lee and Hyung-deok Shin -- Competitive strategy and challenges for the chaebol -- Myeong Hyeon Cho, Jonghoon Bae, Jaiho Chung, Sungchoon Kang and Deasoo Kim -- SME...

1. Introduction : catch-up -- 2. Export-oriented growth : positive aspects -- 3. Institutionalizing an export-oriented regime -- 4. Trade pattern in the early phase of catch-up -- 5. The engine of catch-up : big conglomerates -- 6. Growth and equity -- 7. Experiences of East Asian NICs -- 8. The...