ABSTRACT

Before the economic crisis, the South Korean development model was a ‘successful’ model to be emulated by others. Such a conception of a successful model means that the contradictions and problems inherent in this model have not been illuminated at all. However, the crisis of the South Korean economy provided the momentum for an epistemological turning moment, which has allowed us to recognize the ‘unsuccessful’ aspects, and approach the South Korean development model as a model of crisis and contradiction.