In 1996, Korean and US officials, academics, and businessmen met in a frank, closed-door discussion of recent political, economic, and cultural developments affecting their two nations. These discussions came at a critical juncture in Korean-US relations as shifting international conditions have...

This study examines the factors that have contributed to the "Korean Miracle": an active role by government in managing the economy; an outward-oriented trade policy; market and nonmarket factors, including culture, rapid physical and human capital accumulation rates; and macroeconomic and...