Presents an analysis of South Korean economic growth. Discusses the aggregate sources of growth; the changing structure of growth; the service sector and economic growth; exports and economic growth; foreign direct investment and economic growth; and crises and growth. Eichengreen is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley. Perkins is Harold Hitchings Burbank Professor of Political Economy, Emeritus, at Harvard University. Shin is Professor of Economics at Korea University.