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Globalization and the institutional persistence of the developmental state in Korea

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  • Globalization and the institutional persistence of the developmental state in Korea
  • Jung, Yong-duck
  • Seoul National University(Graduate School of Public Administration)


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Title Globalization and the institutional persistence of the developmental state in Korea
Similar Titles
Material Type Articles
Author(English)

Jung, Yong-duck

Publisher

[Seoul]:Seoul National University(Graduate School of Public Administration)

Date 2000
Journal Title; Vol./Issue Korean Journal of Policy Studies:vol. 15(no. 2)
Pages 14
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Holding Seoul National University

Abstract

Today's economic crisis in Korea was brought about by a failure to properly respond to globalization, which began in the early 1990s. Confronted with economic difficulties and globalization, the country invested a great deal of efforts to restructure both private and public sectors with relatively effective outcomes. The current process of structural adjustment, however, reveals that a pattern of a developmental state is maintained. The governments restructuring efforts have, in fact, sustained and even reinforced the institutional structure suitable for a strong state in Korea. Such institutional persistence of the strong state was caused by the economic crisis, which resulted from a drastically changed international environment, namely globalization, the domestic political dynamics, and the institutional characteristics embedded in the state apparatus.