By David Hundt
South Korea is usually mentioned as a case of dazzling transformation from poverty to prosperity. Korea’s fulfillment of relocating from one of many world’s poorest international locations as lately because the early Sixties to the ranks of the 10 greatest economies in simple terms 4 a long time later has rightly attracted curiosity from policymakers and students alike.
This publication identifies the criteria that formed family members among the country and massive company in Korea, the ‘developmental alliance’. those elements supply a cogent framework within which to spot and expect adjustments in strength kin among executive and company. instead of purely supplying a way of explaining the rapid-growth section of Korean improvement, the politics of the developmental alliance additionally aid us know how and why the Korean miracle became to challenge in 1997 and why the following restoration has been so asymmetric. during this approach, the e-book highlights the political energy of commercial, that's frequently underplayed in discussions of the advance of Korea. It additionally sheds gentle at the constraints on policymakers in the course of modernisation, and the way energy is shared between a small variety of strong parties.
Illustrating the tumultuous politics of the ‘developmental alliance’ among enterprise and govt in the course of the upward thrust and decline of South Korea’s financial miracle, this ebook is a vital learn for somebody attracted to Korean politcs, economics and development,
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Extra resources for Korea's Developmental Alliance: State, Capital and the Politics of Rapid Development (Routledge Advances in Korean Studies)
Korea's Developmental Alliance: State, Capital and the Politics of Rapid Development (Routledge Advances in Korean Studies) by David Hundt