The Untold Story of the Korean Film Industry: A Global Business and Economic Perspective

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Jimmyn Parc Patrick A. Messerlin

The Untold Story of the Korean Film Industry

A Global Business and Economic Perspective

Jimmyn Parc, Patrick A. Messerlin

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English

Springer Nature Switzerland AG
11 September 2022

Films, movies & cinema; Asian history; International relations; Economics; Cinema industry

Series: Cultural Economics & the Creative Economy

This book analyses the Korean film industry emergence and development in a global business and economic perspective. This is one of the first books to compare the film policies and industries of the world’s six largest film industries – featuring Korea as the central character – with the aim of defining the contours of what constitutes an effective film policy. It presents many cases showing that, contrary to what is often believed, an economically sound policy is a good instrument for achieving desired cultural goals. It uses a set of analytical tools – borrowed from the economic analysis of international trade policies – to provide a rich harvest of new, rigorous, and often unexpected results on the effectiveness of the existing film policies. The implications found in this book are relevant not only for Korea, but for all other countries that wish to foster or enhance the competitiveness of their film industries.

This book will be of interest to a wide spectrum of scholars interested in cultural studies – media and cultural specialists, political scientists, sociologists, historians – in addition to business analysts and economists specialized in cultural economics. As this book focuses on film policies and how to improve them, it will also appeal to policymakers, business figures, public relations officials, and staff from international organizations working on the film industry.

By: Jimmyn Parc, Patrick A. Messerlin
Imprint: Springer Nature Switzerland AG
Country of Publication: Switzerland
Edition: 2021 ed.
Dimensions: Height: 210mm, Width: 148mm,
Weight: 351g
ISBN: 9783030803445
ISBN 10: 3030803449
Series: Cultural Economics & the Creative Economy
Pages: 237
Publication Date: 11 September 2022
Audience: Professional and scholarly , Undergraduate
Format: Paperback
Publisher's Status: Active

Prologue: Why the Korean Film Industry?.- Chapter 1. The Korean Film Industry: From Domestic “Straggler” to Global “Outperformer”.- Chapter 2. Escaping the Import Quota and Why It Matters.- Chapter 3. From the Screen Quota to Cultural Cooperation: Preferential Trade Agreements.- Chapter 4. Subsidies: The Korean Exception.- Chapter 5. Governance: Regulations and Institutions.- Chapter 6. Film Quality: The Golden Key for Sustainable Success.- Chapter 7. Distribution and Exhibition: Clouds on the Horizon?.- Epilogue: Korea as a “Game Changer”.

Jimmyn Parc is Visiting Researcher at the Institute of Communication Research, Seoul National University, Korea and a visiting lecturer at the Institut d’Études Politiques de Paris (Sciences Po), France. He is also a research associate at the European Centre for International Political Economy (ECIPE), Brussels, Belgium. His recent research focuses on the film and music industries which are faced with a changing business and trade environment as well as new challenges from digitization. Patrick A. Messerlin is Professor Emeritus of economics at the Institut d’Études Politiques de Paris (Sciences Po), France, and Chairman of the Steering Committee of the European Centre for International Political Economy (ECIPE) in Brussels, Belgium. His current research deals with economic and trade relations between Europe and East Asia, with a particular focus on cultural industries.

Reviews for The Untold Story of the Korean Film Industry: A Global Business and Economic Perspective

“The book provides a concise and organized history of the Korean film industry, delving into its evolution. It offers a comprehensive overview of the industry’s historical background and analyzes the business responses and economic aspects with compelling supporting evidence. It is well-organized, with each chapter building upon the previous ones to thoroughly explore the Korean film business. … the book remains an insightful resource for anyone seeking to understand the complexities of the Korean film industry.” (Roya Hayatina Latua‑Silawane and Emy Rosiana, Journal of Cultural Economics, Vol. 47 (4), 2023)