Title: RESTRUCTURING OF THE ECONOMY AND ITS IMPACTS ON THE KOREAN MARITIME INDUSTRY
Abstract: The Korean government has made many efforts to repair the damage done by the financial crisis since November 1997. The restructuring programs for the Korean economy, including chaebols' (family-controlled conglomerates) restructuring, have impacted the shipping, shipbuilding, and port sectors in many ways. This is because major shipping lines, shipyards, and recent privatization and operation of container terminals have closely been related to chaebols. This paper is concerned with the impacts of the Korean financial crisis on the shipping, shipbuilding, and port sector, with restructuring of the economy and chaebols.
Publication Year: 1999
Publication Date: 1999-10-01
Language: en
Type: article
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Cited By Count: 5
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