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Modernity, the South Korean Path

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  • Modernity, the South Korean Path
  • Lim, Jinho
  • US-Korea Institute


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Title Modernity, the South Korean Path
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Material Type Reports
Author(English)

Lim, Jinho

Publisher

Washington, DC:US-Korea Institute

Date 2015-08
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Conditions
Social Development < Social Welfare
Government and Law < Political Systems
Holding US-Korea Institute

Abstract

South Korea has experienced a ‘compressed capitalist development’ over the last five decades, characterized by unprecedented levels of industrialization and democratization with other distinctive features. The country’s unique experience with development has attracted the attention of many scholars who view the country as a site for new modernity, following after the Western prototype. However, controversy surrounds these claims about South Korea’s emerging modernity. Although some scholars argue that South Korea is now experiencing a Western type of modernity, others reject this assertion and argue that the country has not modernized at all. This paper attempts to investigate the dynamics and contradictions of capitalist development in Korea from a perspective of vertical modernization. It will consider the origin, process and outcomes of modernization, mainly in terms of democracy, economic growth and welfare. (The rest omitted)