From Miracle to Crisis and Back
The Political Economy of South Korean Long-Term Development
Bibliographic Data
| ID | 5159534 |
|---|---|
| Authors | Nicolás Grinberg (0000-0002-4217-2754, SOAS University of London, corresponding author) |
| Year | 2014 |
| Volume | 44 |
| Issue | 4 |
| Pages | 711-734 |
| Publication date | 2014-10-02 |
| 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 | 10.1080/00472336.2014.883421 |
| OpenAlex | W2017758376 |
| Language | EN |
| Citations received | 10 |
| References cited | 50 |
This article analyses the process of economic development and associated political transformations in South Korea since the mid-1960s. It claims that, as in the rest of East Asia, capital accumulation in South Korea has revolved around the production of specific industrial goods for world markets using the relatively cheap and highly disciplined local workforce for simplified labour processes, as appendages of the machine or in manual assembly operations. This modality of accumulation resulted from changes in the forms of production of relative surplus value on a global scale through the development of computerisation and robotisation, and the concomitant transformation in the productive attributes of the collective worker of large-scale industry. The article identifies the main characteristics of the political and economic relations through which the structural transformation of the Korean society came about throughout the period studied, as a form of realising the global unity of the process of capitalist development. This analysis not only supports the claims made about the specific characteristics of the East Asian processes of capitalist development. It also shows the intrinsic unity of seemingly diverse political-economy processes, as forms of realisation of the transformations of Korean society
Capital (architecture · Capital good · Capitalism · China · East Asia · Economic system · Economics · Economy · Goods and services · Market economy · Political economy · Political science · Politics · Realisation · Scale (ratio · Surplus value · Asian Industrial and Economic Development · China's Socioeconomic Reforms and Governance · Indian Economic and Social Development
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Capital Accumulation in the “Lucky Country”
Institutions and Capitalist Development
Global capital accumulation and national varieties of capitalism
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State-Directed Development
Embedded Autonomy
The Rice Economies
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Forces of Labor
The political economy of industrial policy in Korea
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Asia's Next Giant
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The Mobility of Labor and Capital
The Korean Developmental State
The Political Economy of Brazilian (Latin American) and Korean (East Asian) Comparative Development
There are at least three models of East Asian development
The Limits of Studies in Comparative Development of East Asia and Latin America
Economic liberalisation and reform in South Korea in the 1990s
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Creating Competitive Advantage
Institutions and growth in East Asia
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Bridging the Gap
Developing Country Debt and Economic Performance
Capitalist Industrialization in Korea
Building a Developmental State
| Unique citing works | 10 |
|---|---|
| Citations per year | 0,91 |
| Citation span | 2015 - 2025 (11) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 10 |