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

摘要

The Korean government has made many efforts to repair the damagedone by the financial crisis since November 1997. The restructuringprogrammes for the Korean economy, including chaebols' (i.e.family-controlled conglomerates) restructuring, have impacted in manyways on the shipping, shipbuilding and port sectors. This is becausemajor shipping lines, shipyards, and recent privatiza- tion andoperation of container terminals have closely been related tochaebols. This paper is concerned with the impacts of the Koreanfinancial crisis on the shipping, shipbuilding, and port sector, withrestructuring of the economy and chaebols.