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The Korean Developmental State

  • Book
  • © 2020

Overview

Authors:
  1. Kyung Mi Kim

    1. Seoul National University, Seoul, Korea (Republic of)

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  • Explores the nature of South Korean capitalism

  • Seeks to explain the role of state and society in the development of the Korean economy

  • Provides interesting insights for the road ahead for Korean unification

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-xviii
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  2. Introduction

    • Kyung Mi Kim
    Pages 1-13

  3. Current Debates and Theoretical Arguments

    • Kyung Mi Kim
    Pages 15-50

  4. Characteristics of Korean Economic Growth

    • Kyung Mi Kim
    Pages 51-74

  5. The Traditional Korean Political Economic Model

    • Kyung Mi Kim
    Pages 75-119

  6. Change and Continuity of the Korean Developmental Model

    • Kyung Mi Kim
    Pages 121-163

  7. Politics of Evolution

    • Kyung Mi Kim
    Pages 165-228

  8. Conclusion

    • Kyung Mi Kim
    Pages 229-231

  9. Back Matter

    Pages 233-254
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Keywords

About this book

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. 

Authors and Affiliations

  • Seoul National University, Seoul, Korea (Republic of)

    Kyung Mi Kim

About the author

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.


Bibliographic Information

  • Book Title: The Korean Developmental State

  • Authors: Kyung Mi Kim

  • DOI: https://doi.org/10.1007/978-981-15-3465-2

  • Publisher: Palgrave Macmillan Singapore

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2020

  • Hardcover ISBN: 978-981-15-3464-5Published: 26 April 2020

  • Softcover ISBN: 978-981-15-3467-6Published: 26 April 2021

  • eBook ISBN: 978-981-15-3465-2Published: 25 April 2020

  • Edition Number: 1

  • Number of Pages: XVIII, 254

  • Number of Illustrations: 15 b/w illustrations

  • Topics: Asian Economics, Development Economics, Asian Politics

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