THE SHIPBUILDING INDUSTRY IN KOREA, 1945-1990: INTRODUCTION 1. THE BIRTH OF A SHIPBUILDING INDUSTRY IN SOUTH KOREA 1.1. The first reconstruction 1.2. 1953-1960: the failure of Rhee's economic policy? 1.3. The State in the heart of economic field 2. 1973-1979, PLANNING AND SHIPBUILDING, DRIVING FORCES OF INDUSTRIALIZATION 2.1. The advent of shipbuilding 2.2. The consequences of the government's commitment 2.3. The Korean shipbuilding industry walks on its two legs 3. 1980-1990, THE DISORDERLY TIMES 3.1. An increasingly criticised economic policy 3.2. Shipbuilding depends on foreign countries 3.3. Shipyards in distress? CONCLUSION

Abstract

The birth, in South Korea, of a modern shipbuilding industry began during the 1960s. From this period, the shipbuilding industry benefited from the efficient economic policy of the new South Korean president, Park Chung-Hee. The, after 1973, from the emergence of the chaebols. During the last quarter of the 20th century a strong shipbuilding industry emerged. thanks to the low cost of Korean manpower, a growing know-how, and an active dumping policy, the Korean shipbuilding industry acceded during the 1990s to the second rank in the world behind Japan.