The 1997 financial crisis turns out to be a major turning point in the history of Korean chaebols. The post-crisis corporate reform has resulted in a dramatic change in the landscape of chaebols as about one half of the top 30 chaebols changed their names after the crisis. The reform was swift...

This paper investigates the reason why Korea's export suddenly and rapidly expanded in the early 1960s. By doing so, it hopes to throw light on the unresolved issue, whether it was market-liberalizing or interventionist policies that explain Korea's rapid growth and industrialization. Evidences...