The Postdevelopmental State Dilemmas of Economic Democratization in Contemporary South Korea

Author: Doucette, Jamie
Published: University of Michigan Press 2024
Physical Description: 1 online resource (234 p.)

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Series

Perspectives On Contemporary Korea

Language Note

English

Restrictions on Access

Open Access Unrestricted online access

Summary

Over the last 25 years, South Korea has witnessed growing inequality due to the proliferation of non-standard employment, ballooning household debt, deepening export-dependency, and the growth of super-conglomerates such as Samsung and Hyundai. Combined with declining rates of economic growth and turbulent political events, these processes mark a departure from Korea's past recognition as a high growth "developmental state." The Postdevelopmental State radically reframes research into the South Korean economy by foregrounding the efforts of pro-democratic reformers and social movements in South Korea to create an alternative economic model-one that can address Korea's legacy of authoritarian economic development during the Cold War and neoliberal restructuring since the Asian Financial Crisis of the late 1990s. Understanding these attempts offers insight into the types of economic reforms that have been enacted since the late 1990s as well as the continued legacy of dictatorship-era politics within the Korean political and legal system. By examining the dilemmas economic democracy has encountered over the past 25 years, from the IMF Crisis to the aftermath of the Candlelight Revolution, the book reveals the enormous and comprehensive challenges involved in addressing the legacy of authoritarian economic models and their neoliberal transformations.

Subject(s)

Other Subject(s)

developmental state, gig economy, labor relations, labour relations South Korea, neoliberalism, postdevelopment, chaebol, social democracy, economic democracy, authoritarianism, democratization, labor rights, labour rights, social partnership, trade unions, Gramsci, financialization, corporate governance, development studies, state theory, political sociology, economic geography, economic sociology, political geography, east asia, dictatorship, public intellectuals, civil society

ISBN

9780472057085
9780472077083
mpub.12875326

Collection

OAPEN Library.

Funding Information

Academy of Korean Studies

Terms of Use and Reproduction

Creative Commons https://creativecommons.org/licenses/by-nc/4.0/

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