"Mo and Weingast study three critical turning points in South Korea's remarkable transformation and offer a new view of how Korea was able to maintain pro-development policies with sustained growth by resolving repeated crises in favor of rebalancing and greater political and economic...

"Analyzes the deepening of and structural changes in Korea's financial system since the early 1980s and presents the empirical results of the effects of financial development on economic growth, stability, and the distribution of income. Finds that, contrary to conventional wisdom, financial...

Empowering the coastal provinces, 1978-80 -- Initiating the special economic zones, 1980-81 -- Review and adjustment of the experiment, 1981-83 -- Coastal expansion, 1983-88 -- Initiating China's third way.