Prior to the 1997 financial crisis, the Korean economy had based its growth policies on East Asia's economic catch-up model which was based mainly on the Japanese development experience. However, the events that lead to the 1997 crisis and the changes instituted in the Korean economy after the...

This paper analyzes the process of Korea's recovery from the 1997 financial crisis with several policy implications. The driving force behind the better-than-expected economic recovery was the reform measures introduced by the Korean government in four major areas such as the financial,...

Foreign direct investment (FDI) into China contributed greatly to the current rapid economic development of China. Many efforts have been given to more thorough analysis of entry mode of FDI in China. Due to the lack of available relevant data, however, micro level analysis has rarely included...