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Labour and neo-liberal globalization in South Korea and Taiwan

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  • Labour and neo-liberal globalization in South Korea and Taiwan
  • Kong, Tat Yan
  • Cambridge University Press


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Title Labour and neo-liberal globalization in South Korea and Taiwan
Similar Titles
Material Type Articles
Author(English)

Kong, Tat Yan

Publisher

[Cambridge]:Cambridge University Press

Date 2005
Journal Title; Vol./Issue Modern Asian Studies:vol. 39(no. 1)
Subject Country South Korea(Asia and Pacific)
Taiwan(Asia and Pacific)
Language English
File Type Link
Subject Economy < General
Holding COnnecting REpositories

Abstract

As they increasingly embrace neo-liberal economic policies (especially since the 1997–8 Asian financial crisis), the Northeast Asian NICs of South Korea and Taiwan are now said to be losing their uniqueness as alternative capitalist models. Central to the neo-liberal project is labour flexibility. This entails the reform of employment legislation and of the wider social settlement between state, business and labour. This article will argue against the ‘homogenization’ thesis by revealing the distinctive political, economic and ideological characteristics that distinguish the recent market-oriented labour reforms in South Korea and Taiwan from neo-liberal transitions elsewhere. The sources of variation in the pathways of labour market reform within the Northeast Asian NICs will also be explained.