Brazil and South Korea : economic crisis and restructuring / edited by Edmund Amann and Ha-Joon Chang.

Format:

Book

Contributor:

Amann, Edmund.

Chang, Ha-Joon.

Language:

English

Subjects (All):

Brazil--Economic conditions--1985-.

Brazil.

Economic conditions.

Korea (South)--Economic conditions--1960-.

Korea (South).

Physical Description:

x, 242 pages : illustrations ; 23 cm

Place of Publication:

London : Institute of Latin American Studies, 2004.

Summary:

The 1990s saw lower- and middle-income countries throughout the world come under pressure to open their domestic markets to international trade and investment. Despite the progressive implementation of market-friendly policies, many emerging market countries experienced financial market volatility, exchange rate collapse and slumps in output. The crisis profoundly affected two of the world's largest middle-income industrialised countries - Brazil and South Korea. Both economies, despite substantial industrial sectors and impressive post-war growth records, succumbed rapidly to crisis. Despite superficial similarities, prior to the onset of crisis both countries had very different models of industrialisation and had adopted contrasting approaches to trade and market reform. This collection analyses the factors underlying the crisis in both South Korea and Brazil, pointing out the areas of similarity and of divergence, as well as the paths taken by both economies away from crisis, examining both the role of policy and variations in structural characteristics.

Contents:

Chapter 1 Economic Crisis and Restructuring in Brazil and South Korea: Overview / Edmund Amann, Ha-Joon Chang 1

Chapter 2 The Brazilian Crisis of 1998-99: Origins and Consequences / Andre Averbug, Fabio Giambiagi 12

Chapter 3 Big Business in Brazil: States and Markets in the Corporate Reorganisation of the 1990s / Andrea Goldstein, Ben Ross Schneider 48

Chapter 4 Trade Reform, Market Liberalisation and Industrial Performance in Brazil / Edmund Amann 75

Chapter 5 The Brazilian Labour Market in the 1990s: Restructuring, Unemployment and Informality / Jose Ricardo Ramalho 90

Chapter 6 The 1997 Korean Crisis: Causes and Consequences / Ha-Joon Chang 107

Chapter 7 Globalisation and Industrial Restructuring: The Case of South Korea / Jang-Sup Shin 123

Chapter 8 The Labour Market and Korea's 1997 Financial Crisis / Louise Haagh 152

Chapter 9 Patterns of Government-Business Relations in South Korea and the Impact of the Recent Crisis / Tat Yan Kong 201.

Notes:

Includes bibliographical references (pages [221]-242).

ISBN:

1900039516

OCLC:

55092747