Liberalization in the Process of Economic Development

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1、LiberalizationintheProcessofEconomicDevelopmentPrefaceKimJae-Ik:HisLifeandContributions•Korea'sEconomicPolicyShiftinthe1970s•AttheEconomicPlanningBoard•The1980EconomicCrisis•AchievingPriceStability•PromotingGrowthThroughStructuralReforms•ImprovingIncomeDistribution:Macro-Micro

2、Approach•KimJae-IkthePolicymaker•ReferencesIntroductionLiberalizationintheProcessofEconomicDevelopment•IndustrialDevelopmentandLiberalization•TowardaModelofDevelopment•PublicFinanceforDevelopingCountries•TheRoleofMedium-TermPlansinDevelopment•AdjustmenttoExternalShocks•ExportL

3、iberalization•ImportRestrictionandLiberalization•AgricultureintheLiberalizationProcess•FinancialRepressionandLiberalization•MonetaryStabilizationinLDCs•Cross-CuttingIssues•ConclusionsOne—IndustrialDevelopmentandLiberalization•1—TheDevelopmentProcess2—RelevanceoftheModelForEcon

4、omicPolicy•2.1—OptimalandActualPolicy•2.2—InteractionsofPoliciesandGrowth2.3—ImpactofGovernmentFailuresonEfficiencyandGrowth•2.3.1.InterventioninAgriculture.•2.3.2.DistortionsinIndustry.•2.3.3.TheTradeandPaymentsRegime.•2.3.4.TheLaborMarket.•2.3.5.Capital-MarketInterventions.3

5、—LiberalizationandEconomicGrowth•3.1—TheoryandLiberalization•3.2—LessonsfromtheKoreanExperience•4—TimingandSequencingofLiberalization•ReferencesTwo—TowardaModelofDevelopment•1—Inroduction•2—InitialConditions•3—ContrastsinTransitionGrowth•4—NaturalResourcesandthePoliticalEconom

6、yofTransitionalGrowth•ReferencesThree—PublicFinanceforDevelopingCountries•FromPlanningParadigmToMarketParadigm•MethodofAnalysis•GovernmentExpenditures•Taxation•Growth,Distribution,andPoverty•ProblemsofTransitionandMacroeconomicInstability•ReferencesFour—TheRoleofMedium-TermPla

7、nsinDevelopment•1—Introduction•2—DevelopmentofEconomicPlanning3—ObjectivesofPlanning•PlanningandGrowth4—ResourceMobilizationandAllocation•DeterminationofInvestment5—PlanningEducationandR&D•TechnicalProgress•6—StabilityandEquity•7—ConcludingRemarks•ReferencesFive—AdjustmenttoEx

8、ternalShocks•1—RecentShiftsinGlobalEconomicEnvironment2—TheNa