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The sustained remarkable economic growth in the East Asian countries - Japan, South Korea, Taiwan, Hong Kong and Singapore - has brought about a great deal of debate over the role of the state in the market and society. Shin analyses the dynamic process of state interventions in the economy and social affairs in Korea from the early 1960s until the present with special reference to five policy areas: macro-economic policy, industrial policy, social security policy, labour policy, and education and training policy. Social and Economic Policies in Korea develops a unique explanation about the development of Korean social policy using the concepts of 'policy idea', 'policy network', and 'policy-linkages' to examine the causes, patterns and consequences of state interventions in the economy and social affairs over time. It should interest students and researchers of East Asian studies, social policy and development studies.
In the postwar period, Korea’s economic and social-political metamorphosis is a rare example of a successful transition from one of the world’s poorest developing countries to a highly sophisticated industrial society—an experience which many developing countries are keen to emulate. The change is particularly significant as Korea was able to reduce poverty and keep social inequality at a modest level during its rapid economic development. This volume analyzes the Korean transition in regards to the political and institutional foundation of its government and public policies. The government of Korea single-mindedly carried out public policies to stimulate economic growth, but the government and public policies have themselves been affected and changed by the process. The contention of this volume is that the transition of Korean society and the evolution of the Korean government are the results of two-way interactions. In this context, the volume analyzes the way in which the dynamics of public administration were shaped within the Korean government and the kinds of public policies and instruments that were adopted to encourage this economic and social development. This analysis will allow a more complete understanding of the economic and social transformation of Korea. Surprisingly, there is a paucity of research on this aspect—a gap which this volume seeks to fill. This volume shows that it is necessary to maintain consistency and coherence in government and public policy in order to achieve economic and social transformation, making it of interest to both scholars and policy-makers concerned with development in the Asia-Pacific.
This volume chronicles the policy challenges and adaptations faced and made by the South Korean government during the post-industrialization and democratization period. Following the model set by the first volume in the series, which covered the economic and social development during the developmental period from the 1960s to the 1980s, this volume examines how and to what extent the South Korean government has adapted to a variety of political, economic and social transformations since the 1990s. The book is divided in two parts. Part I reviews the changing policy environments and government policy paradigms in the wake of industrialization and democratization, focusing on the reorganization and coordination of government ministries and agencies. Part II explores key public policy areas, such as economics, social welfare, and foreign relations, where the South Korean government has successfully adapted to new policy challenges and environments. Drawing policy implications for the future actions of the South Korean government as well as for those countries wishing to replicate South Korea’s success and avoid its errors, this book of interest to both scholars and policy-makers concerned with development in the Asia-Pacific.
How did a country with a dearth of natural resources, a sprawling population congested in a limited arable land transform itself to a modern industrial state within a generation? How could these have been achieved given the lingering geopolitical threats to its very survival as a state, as evidenced by the Korean War and the internecine aggressive posturing of its neighbor from the north? This book looks at strategies, institutional arrangement, role of entrepreneurs and workers in this odyssey, and on how those factors have worked together through effective leadership to transform South Korea’s economic fortunes.
This book, by a noted Korean economist, is already well known for providing a unique insider's view on Korea's impressive economic and industrial growth. The first edition of this standard work is now updated with statistics as recent as 1993. It will be of interest to students, professionals, and the general reader interested in the development of Korea.
There are two great mysteries in the political economy of South Korea. How could a destroyed country in next to no time become a sophisticated and affluent economy? And how could a ruthlessly authoritarian regime metamorphose with relative ease into a stable democratic polity? South Korea was long ruled with harsh authoritarianism, but, strangely, the authoritarian rulers made energetic use of social policy. The Korean State and Social Policy observes South Korean public policy from 1945 to 2000 through the prism of social policy to examine how the rulers operated and worked. After the military coup in 1961, the new leaders used social policy to buy themselves legitimacy. That enabled them to rule in two very different ways simultaneously. In their determination to hold on to power they were without mercy, but in the use of power in governance, their strategy was to co-opt and mobilize with a sophistication that is wholly exceptional among authoritarian rulers. It is governance and not power that explains the Korean miracle. Mobilization is a strategy with consequences. South Korea was not only led to economic development but also, inadvertently perhaps, built up as a society rich in public and civil institutions. When authoritarianism collapsed under the force of nationwide uprisings in 1987, the institutions of a reasonably pluralistic social and political order were there, alive and well, and democracy could take over without further serious drama. This book is about many things: development and modernization, dictatorship and democracy, state capacity and governance, social protection and welfare states, and Korean history. But finally it is about lifting social policy analysis out of the ghetto of self-sufficiency it is often confined to and into the center ground of hard political science.
This book examines how the South Korean state is able to execute national policies that are opposed to the interests of social constituents, despite the expansion of social power. The relationship between the government and big business provides an illuminating example of this. The author demonstrates how Confucian values, the role of the family and a firm hierarchical tradition have prevented South Korea from developing a modern state on the Western model.
Export-oriented industrialization has transformed the Korean economy so profoundly that it has become known as the "Miracle on the Han." Yet, this industrial model has become fragile, as Korea’s chaebols are being challenged by Chinese competitors. Attempts to seek out new engines of economic growth have failed, or remain underdeveloped, while a looming demographic crisis threatens to exacerbate Korea’s problems. This book outlines a blueprint for overcoming these challenges, moving beyond the business strategies, government policies, and socio-cultural patterns established under export-oriented industrialization. Written by a stellar line-up of international contributors, its central proposition is that social change is needed to support the strategic and operational transformation of the chaebol and SMEs. Specifically, it stresses the need for an appreciation of the gender, national, and ethnic diversity emerging within the Korean workplace today. If properly leveraged, such diversity has the potential to reduce the groupthink that hampers the creativity and responsiveness of Korean firms today, as well as facilitating greater success in overseas markets. Taking an interdisciplinary approach, this book will be useful to students and scholars in Korean Studies, as well as those studying business, economics, and sociology more broadly in East Asia.
Lee, former South Korean government Minister of Labor for the South Korean government, discusses the country's economic development from 1945-1994 and the public policies that shaped it, arguing that if South Korea is to become a major economic power, the government should withdraw from the economic front line.
A concise and comprehensive survey of East Asia's fast-developing but little understood nation. Emphasizes recurring social and historical themes; considers changes of the postwar era, examines its importance to the US, discusses the Korean national character, looks at the future. Annotation copyrighted by Book News, Inc., Portland, OR