콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Government and Law Governance
Government and Law Public Administration

Print

Global standards and the recent economic reform in Korea

Related Document
Frame of Image
  • Global standards and the recent economic reform in Korea
  • Choi, Byung-Sun
  • Seoul National University(Graduate School of Public Administration)


link
Title Global standards and the recent economic reform in Korea
Similar Titles
Material Type Articles
Author(English)

Choi, Byung-Sun

Publisher

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

Date 2000
Journal Title; Vol./Issue Korean Journal of Policy Studies:vol. 15(no. 1)
Pages 23
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Government and Law < Governance
Government and Law < Public Administration
Holding Seoul National University

Abstract

This paper reviews and evaluates the Korean government's recent reform efforts aimed at recovering its economy fi-om crisis and bringing its governance system closer to global noms and standards. Here the so-called global standards are classified into the following three groups: The first group of global standards refers to certain economic principles or noms such as openness in trade and investment. The second encompasses a certain related set of rules of conducts, and standards of behavior governing the conducts and behavior of the national financial system and corporate sector. The third relates to certain values and norms such as environmental and labo; standards that are fashionable in the era of continued economic prosperity and social well-being. After assessing the Korean government's reform performance in these three areas, which turned out to be far from satisfactory, 1 have singled out the government's deep-rooted habit and practice of discretionary intervention as the most important obstacle that has wreaked havoc with its basically market-oriented policy and institutional reform efforts.