Young‐Iob Chung

in Korea under Siege, 1876-1945

Published in print March 2006 | ISBN: 9780195178302
Published online September 2006 | e-ISBN: 9780199783557 | DOI:

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This introductory chapter discusses the purpose of the book and its scope of analysis relative to the extent, pattern, and character of capital formation and its contribution to Korea's three stages of economic development and transformation. It identifies the reasons why the study of capital formation and economic transformation in Korea during the 70-year period is essential to understanding the path of the country's economic transformation. The chapter emphasizes the three major groups of players in Korea, namely, the Koreans, the Japanese, and foreigners (those other than Japanese and Korean nationals) whose role or lack of role was significant. The approach followed in this study is more behavioral and analytical than historical; the nature of the sources of data used in this book is also noted.

Keywords: capital formation; economic development; transformation; behavioral approach; analytical approach

Chapter.  2049 words. 

Subjects: Business and Management

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