The Korean government has made many efforts to repair the damage done by the financial crisis since November 1997. The restructuring programmes for the Korean economy, including chaebols' (i.e. family-controlled conglomerates) restructuring, have impacted in many ways on the shipping, shipbuilding and port sectors. 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.


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    Title :

    Restructuring of the economy and its impacts on the Korean maritime industry


    Contributors:

    Published in:

    Publication date :

    1999-10-01




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    Unknown