Abstract

AbstractThis paper is a brief account of ‘miraculous’ economic development in postwar South Korea. The paper provides a short appraisal of existing perspectives regarding Korean economic development and discusses how three recent military regimes utilized current opportunities in relation to the international political economy situation and Korean society including its Confucian culture. Focus is given to the ways in which military regimes have constantly pursued development as a way of justifying their regimes. While pursuing growth and exported-oriented policies, the regimes in South Korea adopted a tight control over industrial relations and a low wage policy towards its work force.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.