Growth, Crisis and the Korean Economy (Paperback)

Part I: Growth and Convergence  1. Industrialization, Convergence, and Patterns of Growth  2. The Other Side of Conditional Convergence  3. An Alternative Interpretation of Conditional Convergence Results  Part II: Exchange Rate and Asian Crisis  4. The Predictive Ability of Alternative Models of Exchange Rate Volatility  5. Liberalization of Capital Flows in Korea: Big-Bang or Gradualism  6. Currency Crisis of Korea: Internal Weakness or External Interdependence  7. Interest Rates and Exchange Rates in the Korean, Philippine and Thai Exchange Rate Crises  Part III: Global Crisis  8. House Prices in ASEAN+3: Recent Trends and Inter-Dependence  9. Crisis and Employment: the Case of Korea  10. Aggregate Demand Gap based on a Simple Structural VAR Model  11. Policy Reports for the G20 Summit Meetings  Part IV: Crises and Recoveries of the Korean Economy  12. Korea’s Stabilization Policies in the 1980s  13. Overcoming the 1997-98 Crisis: Macroeconomic Policy Adjustments  14. The Monetary Policy Response to the Crisis  15. Responses of the Korean Economy to the Global Crisis: Another Currency Crisis?