Download or read book Success and Failure of the Korean Economy and Its Prospects written by Chong-wŏn Yi and published by . This book was released on 2004 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book provides a competent analysis and discussion regarding the Korean economic development process by focusing on its major characteristics. To be specific, the Korean economy is characterized with the term ""Centralized Management Economic System(CMES)"" which has somewhat different perspectives from the so-called developmental state model approach. Afterwards, on the basis of such an analysis, successes and failures of the development plans and strategies are examined. Finally, this book presents a new development paradigm, the ""advanced country development model(ACDM)"" approach for future economic development of Korea."