Boekhandel Douwes Den Haag

Changes by Competition

The Evolution of the South Korean Developmental State

Kwon, Hyeong-ki (Professor of Political Science, Seoul National University)

Changes by Competition

Changes by Competition

The Evolution of the South Korean Developmental State

Changes by Competition

 

By historically tracing Korean capitalism and comparing it with other economies, this book examines prevalent theories including neoliberalism, the developmental state, and institutionalism, and proposes a theoretical alternative.


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Beschrijving Changes by Competition

By tracing the evolution of South Korean state-led capitalism and comparing it with other economies, this book critiques prevalent theories including neoliberalism, the developmental state, and institutionalism, and proposes a theoretical alternative focusing on endogenous changes through elites' competition within and outside the state.

Unlike the arguments of neoliberals, this volume asserts that the state can still play an active role in reconstituting the national economy through globalization. The Korean state successfully fosters economic growth by nurturing industrial commons through globalization, rather than by adopting a neoliberal free-market system. This volume exerts that the Korean economy has successfully grown over the past 50 years because it has moved toward a new version of state-led developmentalism. In order to better account for the evolution of state-led developmentalism, this book proposes changes by competition within, as well as outside, the state, in order to bring about changes in developmentalism and the ability to adjust to new contexts. Unlike prevalent accounts of developmental state theory, Changes by Competition argues that the state is neither unitary nor cohesive, but a locus of competition.


ISBN
9780198866060
Pagina's
240
Verschenen
NUR
780
Druk
1
Uitvoering
Hardback
Taal
Engels
Uitgever
OUP Oxford

Economie en bedrijf