Transnational Economic Linkages, the State, and Dependent Development in South Korea, 1966--1988
A Time-Series Analysis
Bibliographic Data
| ID | 19005310 |
|---|---|
| Authors | York W Bradshaw (Indiana University, corresponding author), Younghoon Kim (0000-0001-7261-3066, Jeonbuk National University), Y-J Kim, B London (Clark University) |
| Year | 1993 |
| Volume | 72 |
| Issue | 2 |
| Pages | 315-345 |
| Publication date | 1993-12-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Social Forces (JOURNAL) |
| Journal identifiers | ISSN: 0037-7732 • E-ISSN: 1534-7605 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1093/sf/72.2.315 |
| OpenAlex | W1983647434 |
| Language | EN |
| Citations received | 6 |
| References cited | 18 |
This article uses time-series analysis to examine development patterns in South Korea, a country that has realized dramatic economic growth over the last several decades. We show that (1) arguments associated with classical dependency and dependent development theory must be modified substantially when applied to Korea; (2) the Korean state has been an important actor in the country's economic success, closely regulating direct foreign investment but strongly encouraging foreign trade; and (3) foreign trade and foreign loans have facilitated economic growth throughout the Korean economy, whereas the capital outflow associated with direct foreign investment continues to impede expansion. Overall, we conclude that Korea has experienced a form of “dependent development” that relies heavily on international trade (especially exports), a strong national state, and local business. This pattern is in contrast to Latin American dependent development, which places a heavy emphasis on direct foreign investment
Development economics · Developmental state · Economics · Foreign capital · Foreign direct investment · International economics · International trade · Investment (military) · Latin Americans · Macroeconomics · Political science · State (computer science) · Asian Industrial and Economic Development · Economic Growth and Productivity · Global trade and economics
Economic development
Transnational corporations and underdevelopment
Time Series Analysis
Dependent Development
Rethinking development theory
Foreign capital in Korea’s economic development, 1960–1985
Ahistoricism in Time-Series Analyses of Historical Process
The State and The Effective Control of Foreign Capital
The origins and development of the Northeast Asian political economy
Old and New Research Designs for Studying the World-System
Governing the Market
The Irish Case of Dependency
American Penetration and Canadian Development
Capitalist Resistance to the Organization of Labor Before the New Deal
Dependency and Rebellion
Reassessing Economic Dependency and Uneven Development
Capitalist industrialisation in East Asia's four little tigers
| Unique citing works | 6 |
|---|---|
| Citations per year | 0,21 |
| Citation span | 1998 - 2015 (18) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |