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Korea's evolving business-government relationship

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  • Korea's evolving business-government relationship
  • Kim, Eun Mee
  • United Nations University


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Title Korea's evolving business-government relationship
Similar Titles
Material Type Reports
Author(English)

Kim, Eun Mee

Publisher

[Helsinki]:United Nations University

Date 2015-10
Series Title; No WIDER Working Paper / 2015/103
ISBN 978-92-9230-992-3
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Conditions
Economy < Economic System
Holding UNU-WIDER

Abstract

South Korea has gained economic development despite the obstacles it faced as a wartorn country with little natural resources and capital. Poverty, lack of democracy, as well as war and conflict were challenges the country faced in the early 1960s; issues not very different from what many developing countries face in the 21st century. This paper focuses on the following topics during the most dynamic period in South Korea’s economic development from 1960s to 1980s: the developmental state and industrial policies; the role of the private businesses; and state–business relationship