ABSTRACT

This comprehensive and authoritative account of the development of the Korean economy combines an historical approach with a substantial treatment of the new economy. Its fresh analysis of the recent transition and systematic treatment of labour issues represent a significant contribution to the scholarship on the politics of development. It is an essential resource for students of comparative political economy and East Asian development.

chapter 1|25 pages

Introduction

Korea in the comparative political economy debate

chapter 2|46 pages

Pre-1979 patterns of political economy

The making of a fragile miracle

chapter 3|39 pages

Gradualist pattern of transition

Korea Inc. after the 1979—80 crisis

chapter 4|33 pages

From autonomous state to consensual development?

The impact of democratisation

chapter 5|65 pages

Rise and fall of the 'globalisation' project

The political economy of 'high cost, low efficiency'

chapter 6|33 pages

The twilight of developmentalism?

Korea in the 'IMF era'

chapter 7|10 pages

Conclusion

The fragile miracle 1979-99