Neo-liberal Reform and Bipolarisation of Income in Korea
Bibliographic Data
| ID | 3986265 |
|---|---|
| Authors | Juyoung Park (0000-0002-9248-2961), Ju-Young Park (0000-0002-3825-9005, Rutgers, the State University of New Jersey), Jai S Mah (0000-0002-4909-8606, Ewha Womans University, corresponding author) |
| Year | 2011 |
| Volume | 41 |
| Issue | 2 |
| Pages | 249-265 |
| Publication date | 2011-05-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Contemporary Asia (JOURNAL) |
| Journal identifiers | ISSN: 0047-2336 • E-ISSN: 1752-7554 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00472336.2011.553044 |
| OpenAlex | W2165159402 |
| Language | EN |
| Citations received | 9 |
| References cited | 18 |
This paper explains the neo-liberal reform measures – foreign direct investment (FDI) policies, financialisation and labour market reform – of the Korean economy following the 1998 economic crisis. It investigates how they have influenced a process identified as the bipolarisation of Korea. Although the increase in FDI inflows has contributed to the economy by overcoming balance of payments difficulties, it has led to increased income inequality. As a result of labour market reforms that targeted labour market flexibility, the number of non-regular/non-standard and part-time workers has increased significantly over the past decade. Labour market reform and financialisation aggravated the bipolarisation
Balance (ability · Balance of payments · Economic policy · Economic reform · Economics · Flexibility (engineering · Foreign direct investment · Inequality · International economics · Investment (military · Labour economics · Labour market flexibility · Macroeconomics · Market economy · Political science · Politics · Asian Industrial and Economic Development · Housing, Finance, and Neoliberalism · Social Policy and Reform Studies
Projecting the Arena of Inclusion
Authoritarian neoliberalism in South Korea
Basic Income Policy of Korea
Aging and the rise in bottom income inequality in Korea
A comparative analysis of the impact of the 1997 Asian crisis and the contemporary global economic crisis on the Korean political economy
Financial Liberalisation and Institutional Incompatibility
Restoration of Nature or Special Interests? A Political Economy Analysis of the Four Major Rivers Restoration Project in South Korea
The Migrant Workers' Movement in the Democratic Consolidation of Korea
Chaebol and the Turn to Services
Foreign direct investment and relative wages
The Neo-Liberal Revolution
The Neo-Liberal Revolution
Introduction
The social perils of the Korean financial crisis
Globalisation and the Working Class in South Korea
The financialization of the American economy
Neo-liberalism in post-crisis South Korea
The transformation of Korean labour relations since 1997
DJnomicsand the transformation of the developmental state
| Unique citing works | 9 |
|---|---|
| Citations per year | 0,64 |
| Citation span | 2012 - 2025 (14) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 9 |