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Begin New Search Topic Development Political Geography South Korea Content Type Journal Article

1. Behind the Myth of the National Bourgeoisie: A Comparative Analysis of the Developmentalist State in Brazil and South Korea

Author:
Pedro Brites and Bruna Coelho Jaeger
Publication Date:
08-2019
Content Type:
Journal Article
Journal:
AUSTRAL: Brazilian Journal of Strategy International Relations
Institution:
Postgraduate Program in International Strategic Studies, Universidade Federal do Rio Grande do Sul
Abstract:
Since the 1990s, many analysts have sought to explain the differences in development paths between Brazil and South Korea, the latter often being pointed as an example of success. As a highly industrialized economy focused on international trade, the South Korean case stood out as a way of overcoming the backwardness of developing countries. However, there is a need for analysis that point to the specificities of the developmental state in South Korea, whose interventionist action was decisive in leveraging the country’s industrial production in accordance with internal business groups, as well as the geopolitical context favorable to outward-oriented industrialization. The Brazilian process, in turn, due to the wealth of natural resources and the large domestic market, has made the induction of the state in industrialization more artificial, whose policy supposes an element of coercion, induction and control. This research, therefore, seeks to analyze the specific dimensions of each case, highlighting the role of the state and its relationship with the internal bourgeoisie in the construction of an industrial policy. The trajectories of rise and decline of Brazilian and South Korean developmental state will be analyzed, including the current crisis of reconfiguration of political power that both countries are going through.
Topic:
Development, Science and Technology, Governance, and Industrialization
Political Geography:
Asia, South Korea, Brazil, and South America

2. Invisible legacies: Brazil's and South Korea's shift from ISI towards export strategies under authoritarian rule

Author:
Vinícius Rodrigues Vieira
Publication Date:
04-2014
Content Type:
Journal Article
Journal:
Journal of International Relations and Development
Institution:
Central and East European International Studies Association
Abstract:
Between the 1960s and the 1970s, Brazil and South Korea adopted similar strategies of development under authoritarian rule: an import substitution industrialisation (ISI) programme later replaced by export strategies (ES), namely, export promotion (EP) in Brazil and export-led growth (EG) in Korea. However, whereas Korea was successful, Brazil began the 1980s facing socio-economic crisis because of imbalances in external accounts. Through the analysis of institutions, organisations, and economic indicators, I conclude that the social-political structure (defined as the institutions and organisations within the economic, political, and social levels) of each nation shaped differently the opportunities given by changes in the organisation of the domestic economy and international contexts between 1945 and 1985. The social-political institutions, which last longer than organisations, come mainly from Portuguese (in the case of Brazil) and Japanese (in the case of South Korea) colonisation. Therefore, the impact of historical junctures, such as economic transformations influenced by changes at the international level, might be restricted to organisations at the domestic level as institutions related to pre-industrial periods persist and constrain the reach of modernisation.
Topic:
Development, Economics, and Politics
Political Geography:
South Korea, Brazil, and Korea

3. From “Cardinal Sin” to Policy Agenda? The Role of Capital Controls in Emerging Market Economies

Author:
June Park
Publication Date:
04-2012
Content Type:
Journal Article
Journal:
Joint U.S.-Korea Academic Studies
Institution:
Korea Economic Institute of America (KEI)
Abstract:
Korea’s economic development since the 1980s has occurred in the context of capital controls and a strong governmental role in achieving sustained growth. The experiences of two financial crises—the Asian financial crisis (1997–98) and the global financial crisis (2008–09)—confirm the impression of a highly responsive state, although different pictures emerge as to how the Korean government sought to abolish or deploy capital controls in accordance with global consensus and intellectual trends in international political economy. Contrary to the policies of financial liberalization by the Korean government in the aftermath of the Asian financial crisis, the Korean government shifted to a policy direction favoring capital controls following the global financial crisis, as seen in recent Group of 20 proclamations. However, given the necessity of capital inflows for an outward-oriented economy such as Korea’s, which is heavily dependent on foreign capital inflows for investment, it is questionable to what extent Korea can effectively take advantage of capital controls, what the goals of such controls should be, whether there will be strong political backing for implementation of such policies, and what political risks the current government faces in implementing new capital controls. This paper seeks to provide answers to these questions by examining Korea’s initiatives for capital controls in light of its history and the surge of capital inflows to emerging market economies since the global financial crisis.
Topic:
Development, Economics, Markets, and Domestic Policy
Political Geography:
Asia and South Korea

4. Top of the Class

Author:
Richard C. Levin
Publication Date:
05-2010
Content Type:
Journal Article
Journal:
Foreign Affairs
Institution:
Council on Foreign Relations
Abstract:
The rapid economic development of Asia since World War II -- starting with Japan, South Korea, and Taiwan, then extending to Hong Kong and Singapore, and finally taking hold powerfully in India and mainland China -- has forever altered the global balance of power. These countries recognize the importance of an educated work force to economic growth, and they understand that investing in research makes their economies more innovative and competitive. Beginning in the 1960s, Japan, South Korea, and Taiwan sought to provide their populations with greater access to postsecondary education, and they achieved impressive results. Today, China and India have an even more ambitious agenda. Both seek to expand their higher-education systems, and since the late 1990s, China has done so dramatically. They are also aspiring to create a limited number of world-class universities. In China, the nine universities that receive the most supplemental government funding recently self-identified as the C9 -- China's Ivy League. In India, the Ministry of Human Resource Development recently announced its intention to build 14 new comprehensive universities of "world-class" stature. Other Asian powers are eager not to be left behind: Singapore is planning a new public university of technology and design, in addition to a new American-style liberal arts college affiliated with the National University. Such initiatives suggest that governments in Asia understand that overhauling their higher-education systems is required to sustain economic growth in a postindustrial, knowledge-based global economy. They are making progress by investing in research, reforming traditional approaches to curricula and pedagogy, and beginning to attract outstanding faculty from abroad. Many challenges remain, but it is more likely than not that by midcentury the top Asian universities will stand among the best universities in the world.
Topic:
Development, Economics, and War
Political Geography:
Japan, China, Taiwan, and South Korea

5. South Korea-North Korea Relations

Author:
Aidan Foster-Carter
Publication Date:
09-2010
Content Type:
Journal Article
Journal:
Comparative Connections
Institution:
Center for Strategic and International Studies
Abstract:
The past quarter in inter-Korean relations might be called the morning after the night before. Tensions over the sunken ROK corvette Cheonan by no means disappeared; the less so since North Korea still denied responsibility, while the South smarted at its failure to convince key powers – China and Russia above all – of Pyongyang‟s culpability. The Cheonan incident remains a crime and an obstacle. Yet hopeful signs are emerging that both sides realize they will have to get past this eventually and that they might as well start now. Among various small initiatives, including flood aid, the quarter ended on a hopeful note with an agreement to hold a fresh round of reunions of separated families in late October.
Topic:
International Relations, Development, and Government
Political Geography:
Russia, China, South Korea, and North Korea

6. North Korea-South Korea Relations

Author:
Aidan Foster-Carter
Publication Date:
04-2009
Content Type:
Journal Article
Journal:
Comparative Connections
Institution:
Center for Strategic and International Studies
Abstract:
Looking back, it was a hostage to fortune to title our last quarterly review: “Things can only get better?” Even with that equivocating final question mark, this was too optimistic a take on relations between the two Koreas – which, as it turned out, not only failed to improve but deteriorated further in the first months of 2009. Nor was that an isolated trend. This was a quarter when a single event – or more exactly, the expectation of an event – dominated the Korean Peninsula and Northeast Asia more widely. Suspected since January, announced in February and awaited throughout March, despite all efforts to dissuade it North Korea's long-anticipated Taepodong launched on April 5. This too evoked a broader context, and a seeming shift in Pyongyang. Even by the DPRK's unfathomable logic, firing a big rocket – satellite or no – seemed a rude and perverse way to greet a new U.S. president avowedly committed to engagement with Washington's foes. Yet, no fewer than four separate senior private U.S. delegations, visiting Pyongyang in unusually swift succession during the past quarter, heard the same uncompromising message. Even veteran visitors who fancied they had good contacts found the usual access denied and their hosts tough-minded: apparently just not interested in an opportunity for a fresh start offered by a radically different incumbent of the White House.
Topic:
International Relations, Development, and Government
Political Geography:
United States, South Korea, North Korea, and Pyongyang