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Building a developmental state : The Korean case reconsidered

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Frame of Image the one that held sway for nearly two decades starting from the 1970s was neoclassical in fundamentals: South Korea developed, so the story went, because of its fidelity to free market principles and the wisdom of its state in adhering to a minimalist role in the developmental process.1 This pairing of economic success with a minimalist state stood in sharp relief against the contrasting pair of economic stagnation and an interventionist state, which seemed to obtain just about everywhere else in the developing world. The symmetry appeared to give the neoclassicals a watertight case: the solution to the developmental conundrum lay in minimizing the direct hand of the government in the economy. Since the late 1980s, however, a series of detailed case studies have served to raise grave doubts about the descriptive adequacy of the neoclassical story, at least as it pertains to Korea. In the work of Alice Amsden, Jung-en Woo, Robert Wade, Stephen Haggard, and others, it has emerged that the Korean state, as well as that in Taiwan, has been anything but minimalist; not only has it been involved
For their comments on this paper, I would like to thank Patrick Barrett, Robert Brenner, Stephen Bunker, Charles Post, Erik Olin Wright, and the participants of the “Sociology of Economic Change” colloquium in the University of Wisconsin’s sociology department. Thanks also to the editorial board of Politics & Society, especially to Susan Stokes, for prodding me to greater clarity.
POLITICS


Full Text
Title Building a developmental state
Similar Titles
Sub Title

The Korean case reconsidered

Material Type Reports
Author(English)

Chibber, Vivek

Publisher

Sage Publications, Inc.

Date 1999
Journal Title; Vol./Issue POLITICS & SOCIETY:27
Pages 38
Language English
File Type Documents
Original Format pdf
Subject Economy < Economic System
Government and Law < Political Systems