Korea's experience with the development of trade and industry : lessons for Latin America

For a majority of Latin American countries, the 1980s have been fraught with economic crisis and politically difficult adjustments. Korea, on the other hand, successfully adjusted to the 1979 oil shock and managed to skirt the depressed international economy of the early 1980s and achieve high growt...

• Main Author: Franco, Silvio de
• Corporate Author: Banco Mundial. Instituto de Desarrollo Económico
• Format: Book
• Published: Washington, D.C. World Bank. Economic Development Institute 1988
• Series: EDI policy seminar report no. 14
• Subjects: 1953-1986; DESARROLLO INDUSTRIAL; DESARROLLO DEL COMERCIO; ESTADO; POLITICA ECONOMICA; COREA R; AMERICA LATINA; CRECIMIENTO INDUSTRIAL; POLITICA DE ESTABILIZACION

Table of Contents:

• Executive summary
• Pt. 1: Brief history to 1953
• Review of macroeconomic policies (1953-1986)
• Summary of key policy elements
• Pt. 2: Industrial policy
• Incentive systems
• Institutional aspects
• Decisionmaking processes in the bureaucracy
• The state, entrepreneurs, and workers
• Some preliminary lessons for Latin America
• Annex A: Seminar schedule
• Annex B: List of reading materials
• Annex C: List of participants
• Annex D: List of resource persons