미국 위스콘신매디슨대학교 경영대학원 경영학 석사
미국 컬럼비아대학교 경영대학원 박사
삼성경제연구소 금융증권실 실장
삼성증권 리써치센터 센터장
삼성경제연구소 IMF태스크포스팀 팀장
현재 삼성경제연구소 상무(경제연구본부 글로벌경제실장 겸 금융실장)
Korean Economic Trends의 Editor-in-chief
목차
CHAPTER I INTRODUCTION and OVERVIEW
1 Introduction
2 Overview of this book
CHAPTER II MACROECONOMY
1 Overview
2 Expanded private consumption and bi-polarization in consumption patterns
3 Continued trend of low inflation
4 Continued surplus of the nations current account
5 Major changes in the employment structure amid the downward trend in the unemployment rate
6 Increased fiscal burden of the government
CHAPTER III FINANCIAL MARKET & INDUSTRY
1 Stabilization of the foreign exchange market with continued instability of other financial markets
2 Shift to a low interest rate regime and its side effects
3 Sweeping changes in the financial industry
CHAPTER IV INDUSTRIES
1 Overview
2 IT-related industries: emergence of the new growth engine
3 Traditional industries: search for breakthrough through restructuring efforts
4 Service industries: high growth driven by brisk domestic demand
5 Venture industry and new technologies: pains from the burst bubble and new hopes for the economy
CHAPTER V CORPORATE MANAGEMENT
1 Overview
2 Restructuring centering on large conglomerates
3 Great increase in foreign capital-managed companies
4 Spread of the Choose and Concentrate strategy across the corporate world
CHAPTER VI FOUR MAJOR SYSTEM REFORMS
1 Overview
2 Financial sector restructuring
3 Corporate sector restructuring
4 Public sector reform
5 Reform of the labor market
CHAPTER VII CONCLUSION
Verdict: a half success
References
Appendix I Critique of the effects of the IMF program on the Korean economy
Appendix II Chronology of major events of the Korean economy (1998 2002)