"Mo and Weingast study three critical turning points in South Korea's remarkable transformation and offer a new view of how Korea was able to maintain pro-development policies with sustained growth by resolving repeated crises in favor of rebalancing and greater political and economic...

"Analyzes the deepening of and structural changes in Korea's financial system since the early 1980s and presents the empirical results of the effects of financial development on economic growth, stability, and the distribution of income. Finds that, contrary to conventional wisdom, financial...

Contents: Preface -- Introduction -- Part I: Socioeconomic developments and social trust in Korea -- 1. Social trust: its concepts, determinants, roles, and raising ways -- 2. Recent economic development and emerging social issues in Korea -- 3. Social evolution in conjunction with economic...