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Limits of the authoritarian developmental state of South Korea

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  • Limits of the authoritarian developmental state of South Korea
  • Kim,Eun Mee
  • Human Sciences Research Council


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Title Limits of the authoritarian developmental state of South Korea
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Material Type Books
Author(English)

Kim,Eun Mee

Publisher

Pretoria,South Africa : Human Sciences Research Council

Date 2017
Pages 29
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Conditions
Holding Human Sciences Research Council
License

Abstract

South Korea's authritariand and comprehensive developmental state produced remarkable results for economic development from the early 1960s-1980s(EM Kim1997). In less than three decades, South Korea was transformed from a war-stricken nation living under extreme poverty(GNP per capita in 1961 stood at US$81) to a bustling industrial economy with exports reaching all corners of the world(GNP per capita in 2007 was US$20 045; GDP was US$969.9 billion and South Korea was the 13th largest economy in the world). Its continued rapid economic development recorded one of the most successful such cases even among the late-industrialising nations.