Nothing better captures the development vitality that spur South Korea to resume itself from its economic crisis than the information technology industry. This ultramodern high-technology industry in the area of dynamic random access memory (DRAM) chips, transistor liquid-crystal displays...

Providing an integrated analysis of the event and its consequences, the chapters in the book consider the causes of the crisis, the response of the US government and International Monetary Fund, adjustments in the Korean monetary and fiscal policies, and the success of financial and corporate...