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Revisiting the critical moment of the Korean economy and labor market From central control to liberalization

Revisiting the critical moment of the Korean economy and labor market From central control to... This paper, in face of the increasing interconnectivity between local and global, has attempted to retrospect the critical moment of Korean society under Taewoo Rho 198893 regime, in which Korea struggled for fundamental reforms of the earlier centrally controlled state system through economic rationalization and labor flexibilization. During that juncture of Korean history, neoliberalization under the influence of Fordian decline was a governing theme behind the Korean economy's policy formation as well as labor agenda. This reliance of government on the neoliberal pillar has made an impact on the subsequent leaderships under Young Sam Kim 19931998 and Dae Jung Kim 1998present. After briefly reviewing the major aspect of Korean economy and labor problems surrounding the financial crisis of East Asia around 1998, the international influence of Fordian decline and neoliberalization as a Korean alternative has been discussed. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Development Issues Emerald Publishing

Revisiting the critical moment of the Korean economy and labor market From central control to liberalization

International Journal of Development Issues , Volume 3 (2): 24 – Feb 1, 2004

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References (1)

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1446-8956
DOI
10.1108/eb045845
Publisher site
See Article on Publisher Site

Abstract

This paper, in face of the increasing interconnectivity between local and global, has attempted to retrospect the critical moment of Korean society under Taewoo Rho 198893 regime, in which Korea struggled for fundamental reforms of the earlier centrally controlled state system through economic rationalization and labor flexibilization. During that juncture of Korean history, neoliberalization under the influence of Fordian decline was a governing theme behind the Korean economy's policy formation as well as labor agenda. This reliance of government on the neoliberal pillar has made an impact on the subsequent leaderships under Young Sam Kim 19931998 and Dae Jung Kim 1998present. After briefly reviewing the major aspect of Korean economy and labor problems surrounding the financial crisis of East Asia around 1998, the international influence of Fordian decline and neoliberalization as a Korean alternative has been discussed.

Journal

International Journal of Development IssuesEmerald Publishing

Published: Feb 1, 2004

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