Corea en los 90 : las estrategias de las economías asiáticas industrializadas ante la globalización
In just thirty years, Korea not only grew but also industrialized, becoming a commercial middle power. Its development and industrialization model was designed from the combination of a growth strategy led by the exports of manufactured products and a strict control over imports and the inflow of capital based on the requirements established by the productive development. Once the industrialization goals had been achieved, it faced a process of rethinking its international economic relations marked by openness and liberalization. Weeks before the December 1997 crisis, Korea's external financial accounts were good. The economic crisis, however, surprised Korea at a time of extreme industrial fragility and a domestic economy dependent on international markets, vulnerable to the Asia-Pacific currency and financial crises due to an inefficient and distorted financial system.
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| Format: | Digital revista |
| Language: | spa |
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Universidad de Chile. Instituto de Estudios Internacionales
2001
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| Online Access: | https://revistaei.uchile.cl/index.php/REI/article/view/14764 |
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| Summary: | In just thirty years, Korea not only grew but also industrialized, becoming a commercial middle power. Its development and industrialization model was designed from the combination of a growth strategy led by the exports of manufactured products and a strict control over imports and the inflow of capital based on the requirements established by the productive development. Once the industrialization goals had been achieved, it faced a process of rethinking its international economic relations marked by openness and liberalization. Weeks before the December 1997 crisis, Korea's external financial accounts were good. The economic crisis, however, surprised Korea at a time of extreme industrial fragility and a domestic economy dependent on international markets, vulnerable to the Asia-Pacific currency and financial crises due to an inefficient and distorted financial system. |
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