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Developmental welfare capitalism in East Asia with a special emphasis on South Korea

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  • Developmental welfare capitalism in East Asia with a special emphasis on South Korea
  • Karmo, Kross
  • OrdnungsPolitisches Portal


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Title Developmental welfare capitalism in East Asia with a special emphasis on South Korea
Similar Titles
Material Type Reports
Author(English)

Karmo, Kross

Publisher

OrdnungsPolitisches Portal

Date 2013
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic System
Government and Law < Public Administration
Holding OrdnungsPolitisches Portal

Abstract

The aim of this paper is to clarify the kind of capitalist society that is emerging in South Korea. To keep the conceptual analysis focused, the paper addresses the questions of how and why the structural and institutional socio-economic and political arrangements have changed during South Korea’s catch-up process and what others could learn from it. Using a historical-comparative approach, the paper shows how the economic policy and welfare protection of the developmental welfare capitalism in East Asia in general and in South Korea in particular have changed during the different stages of the economic catch-up process. In addition, it points out the major challenges that the model faces in the future. (The rest omitted)