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.
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