Abstract
James E. Rauch of University of California, San Diego reviews “Emergent Economies, Divergent Paths: Economic Organization and International Trade in South Korea and Taiwan” by Robert C. Feenstra and Gary G. Hamilton. The EconLit Abstract of the reviewed work begins, “Studies the business groups in South Korea and Taiwan and what their different paths of development say about economic organization. Discusses the problem of economic organization; interpreting business groups in South Korea and Taiwan; a model of business groups--the interaction of authority and market….”
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