1.

Record Nr.

UNINA9910409674903321

Autore

Kim Kyung Mi

Titolo

The Korean developmental state / / by Kyung Mi Kim

Pubbl/distr/stampa

Singapore : , : Springer Singapore : , : Imprint : Palgrave Macmillan, , 2020

ISBN

981-15-3465-9

Edizione

[1st ed. 2020.]

Descrizione fisica

1 online resource (266 pages)

Disciplina

330.95195

Soggetti

Development economics

Asian Economics

Development Economics

Asian Politics

Asia Economic conditions

Asia Politics and government

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

1. Introduction -- 2. Current Debates and Theoretical Arguments -- 3. Characteristics of Korean Economic Growth -- 4. The Traditional Korean Political Economic Model -- 5. Change and Continuity of the Korean Developmental Model -- 6. Politics of Evolution -- 7. Conclusion.

Sommario/riassunto

This book analyzes, from a historical comparative perspective, the Korean economic development model, the extent to which it has changed from its classical model, and what constitutes its changes and continuity. Unlike studies claims the dissolution of Korean developmentalism, the book holds that the Korean state maintains its characteristics of state-led capitalism despite significant changes in policies and instruments rather than converge toward an AngloSaxon-style free market system. It emphasizes that the continuity of state-led capitalism is compatible with institutional change. Some institutionalists insist that the continuity of Korean developmentalism is based on path dependency. In contrast, this book argues that Korean capitalism could sustain its state developmentalism by changes in policies and instruments to improve national industrial competitiveness



in the changed context of international competition. This book will be of interest to East Asian scholars, comparative economists, and those curious about the future of the Korean peninsula. Kyung Mi Kim earned a Ph.D. at Seoul National University, South Korea, in 2017, and now works as a research professor in the Philosophy, Politics, and Economics Program at the same institution. She co-authored a journal article titled, "The State’s Role in Globalization: Korea’s Experience from a Comparative Perspective" published in Politics & Society in 2017.