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During the 1990s the Korean economy was regarded as a possible "role model" to be followed by other newly industrializing economies, but the "Asian Crisis" of 1997 destroyed this image. Past practices, challenges and responses are explored in this collection by an international group of authors.
Chris Rowley, Tae-Won Sohn, Johngseok Bae
provides an evolutionary view on the Korean model and analyses the capabilities of this model at firm level rather than national level...a useful guide for Korean business circle that has to overcome liabilities and reform its system. It also provides academics with new perspectives and insights in approaching Korean management, stimulating further research in this field.
- Asean Economic Bulletin