Policy and Economic Performance in Divided Korea during the Cold War Era
Nicholas. Eberstadt
Bok Engelsk 2010 · Electronic books.
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| Utgitt | Lanham : : AEI Press, , 2010.
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| Omfang | 1 online resource (332 p.)
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| Opplysninger | Description based upon print version of record.. - Cover; Title Page; Copyright Page; Table of Contents; List of Tables; Acknowledgment; Introduction: The Experiment; Limits of Observation; Organization of the Study; 1: Comparative Performance of the Two Korean Economies: 1945-91; A Survey of the Available Estimates for Korea; Some Indicators of Comparative Performance; Indices of Physical Output; Labor Force Trends; Urbanization Trends; The Official Budget of the DPRK; ""National Income""; Commercial Energy Consumption; Official ""GNP"" Estimates; Alternative Endpoints and Their Implications; Conclusion. - 2: Policy and Economic Performance in the DPRK: 1945-91Partition, War, Recovery; The 1960s; The 1970s and 1980s; Quantitative and Structural Aspects of North Korean Economic Development during the Cold War Era; North Korean Economy Before and After ""Liberation""; North Korean Economy and Noncommunist Low-Income Economies; North Koreas Economic Structure in Communist Perspective; Quantitative Trends in the North Korean Economy, 1960-1990; The North Korean Economy's Mounting Problems; Limits to Growth; Limits to Reform; The Soviet Bloc Collapse; Conclusions. - 3: Policy and Economic Performance in South Korea: 1945-91South Korea's Economic Successes: Conflicting Claims to Patrimony; The Years 1945-1960: The Interlude between ""Hard States""; General Park and the Return to Economic Development; Foreign Aid and Economic ""Takeoff""; Desiderata of Development: South Korean Exceptions; Microeconomic Issues: Transaction Costs and Uncertainty; Macroeconomic Issues: Market Structure, Allocative Efficiency, and Technical Efficiency; Development Policy: Some Mistakes Matter More than Others. - Induced Dirigiste Distortions: Agriculture, Heavy Industry, and FinanceAgriculture; Heavy Industry: The HCI Drive; Finance; Accounting for South Korea's Rapid Economic Growth: Factor Mobilization versus Factor Productivity; The ""Contrarian"" Reassessment of East Asian Growth; Caveats of ""Growth Accounting""; Total Factor Productivity in South Korea: Indications and Calculations; The Enigma of South Korean Growth: How Much Can We Explain?; Reconciling Paradigms; 4: Summation and Concluding Observations; Review of Findings; Observations, Speculations, and Issues for Further Research; Notes. - ReferencesIndex; About the Author. - In Policy and Economic Performance in Divided Korea during the Cold War Era: 1945-91, Eberstadt presents an impressive compilation of hard-to-find comparative data on economic performance for the Democratic People's Republic of Korea (DPRK, or North Korea) and the Republic of Korea (ROK, or South Korea) over two critical generations. By a number of indicators, Eberstadt argues, Kim Il Sung's North Korea actually outperformed South Korea for much of this period-not only in the years immediately following partition, but perhaps also into the 1970s.
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| ISBN | 0844742740. - 9780844742748
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