Lee, Kang-Kook; Crotty, James - Political Economy Research Institute (PERI), University … - 2001
This paper evaluates the neoliberal economic restructuring process implemented in Korea following the 1997 Asian financial crisis. We first argue that the austerity macroeconomic policy of late 1997 and early 1998 was the main cause of the economic collapse in 1998, and that the decision of the...
