The New Korea

The New Korea

An Inside Look at South Korea's Economic Rise

Book - 2010
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American Management Association
In 1953, South Korea was rated by the U.N. as the poorest country in the world. Five decades later, it is the fifteenth largest economy. Now, South Korea’s decisions on how to manage its society and its role as a modern democracy—while also establishing its policy regarding reunification with North Korea—will determine where the country will go in the next fifty years. The New Korea examines the political, economic, industrial, and societal aspects of Korea today. Will it continue to enjoy an economic boom through new industries while competing against low-wage countries like China and India? Will it return to its role as a stomping ground for other powers? And what should Westerners pay attention to in terms of investment and business opportunities? As South Korea enters the most critical phase of its journey, it is crucial that we understand the factors involving its decisions and evolution. The New Korea is a fascinating account of what is and may become the state of this important region.

Book News
Kim, a native of South Korea, worked as an investigative reporter in South Korea for 15 years. Writing with former magazine journalist, she offers an insider's perspective on the political history, economics, industries, and society of the country's past 50 years. Some topics explored include relations with North Korea, the 1997-98 financial crisis and the resulting restructuring of the economy, and Korea's response to the current economic downturn. The country's relationships with China and Japan are examined, as are the roles of major companies such as Hyundai and Samsung. Social issues considered are stress in the workplace, mail order brides, childhood in Korea, and the country's obsession with golf. The book concludes with a discussion of how the country's weak environmental record, closed social systems, and political unrest may affect its future. Kim now works as a communications manager in Colorado government. Jaffe is a research analyst specializing in renewable energy. Annotation ©2010 Book News, Inc., Portland, OR (

& Taylor

Discusses the recent economic development of South Korea into the world's fifteenth largest economy, including how it opened itself to capitalism and multiculturalism while maintaining a distinct Korean perspective.

Publisher: New York : AMACOM, c2010
ISBN: 9780814414897
Characteristics: vii, 280 p. ; 24 cm
Additional Contributors: Jaffe, Sam


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