Preface -- About the author -- South Korea's economy at a crossroads -- Chaebol's role in South Korea's economic development -- South Korea-United States free trade agreement -- South Korea's free trade agreement with China -- South Korea's income inequality -- South Korea's ageing demography...

This essential volume reflects the continuing and enduring utility of general equilibrium as a framework of analyses. It attempts to reiterate that understanding broad and holistic consequence of economic events and policies go beyond partial equilibrium perspective. Cutting across areas of...