2004•Journal of Yanbian UniversityRequires access

New Structural Adjustment of Industry in R. O. Korea and Its Inspiration to Chinese Economic Reform

Huo Yan

Abstract

Korean economic development has slowed down since 1990s. One important reason is that the structural adjustment of industry could not keep up with the economic development. Currently, new structural adjustment of industry is right under way in R. O. Korea and the adjustment has made some achievement. Therefore, it is of great benefit for Chinese to study and learn from the success and failure of the structural adjustment of industry in R. O. Korea.

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Key concepts: Structural adjustment, Economic reform, Structural change, Economics, Chinese economy, Structural approach, Economic system, China