Diseased Dirigisme

Diseased Dirigisme

The Political Sources of Financial Policy toward Small Business in Korea (KRM 31)

Hun Joo Park

Publication date: 2007
ISBN-13 (print): 978-1-55729-090-8
ISBN-10 (print): 1-55729-090-3

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The 1997 Asian financial crisis provoked serious reflection on South Korea's development experience. This book offers a critique of how conventional analyses have interpreted Korean development by focusing on the problems of Korean dirigisme (state-led development) that led to the crisis. Korea's dirigisme carried with it a flawed authoritarian rule that undermined the fruits of development by directing the development process without genuine and principled regard for the needs and lives of ordinary citizens.

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Title information

The financial and economic collapse of 1997 provoked serious reflection on South Korea's development experience. This book offers a critique of how conventional analyses have interpreted Korean development by focusing on the problems of Korean dirigisme (state-led development) that led to the crisis. Korea's dirigisme carried with it a flawed authoritarian rule that undermined the fruits of development by directing the development process without genuine and principled regard for the needs and lives of ordinary citizens. The problem this book examines lies at the intersection of two areas of discussion—development and the state—often carried out separately by different professional and academic groups.

Pages: 226
Language: English
Publisher: Institute of East Asian Studies, University of California, Berkeley
OCLC: 180079956

Hun Joo Park

Hun Joo Park is a professor of the KDI School of Public Policy and Management, Seoul.

Education: B.A. Political Science, Ohio State University, S.M. Political Science, MIT, Ph.D. Political Science, University of California, Berkeley

Diseased Dirigisme (KRM 31)

Acknowledgements – vi
Abbreviations – viii

1. Recasting Korean Dirigisme – 1
2. The Dirigiste Institutions of Korean Finance – 35
3. The Sword-Wŏn Nexus – 68
4. The Yushin Coalition – 92
5. When the Statist Coalition Changes – 114
6. The Perspective of Small Business – 136
7. Dirigiste Coalition Politics in Japan and Taiwan – 167
8. The Financial Crisis and Its Aftermath – 190

Index – 214
Permissions – 227