Limits of regulatory governance change in the post-developmental state
Korean telecommunications market restructurings from a comparative perspective
Bibliographic Data
| ID | 6233662 |
|---|---|
| Authors | Jong-Chan Rhee (Kookmin University, corresponding author) |
| Year | 2016 |
| Volume | 24 |
| Issue | 1 |
| Pages | 142-161 |
| Publication date | 2016-01-02 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Asian Journal of Political Science (JOURNAL) |
| Journal identifiers | ISSN: 0218-5377 • E-ISSN: 1750-7812 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/02185377.2015.1131616 |
| OpenAlex | W2299764063 |
| Language | EN |
| Citations received | 1 |
| References cited | 44 |
This study explains the limits of institutional transformation in Korea from the developmental state to a post-developmental state, in terms of regulatory institutions instead of developmental institutions. The Korean state has taken advantage of the government's discretionary policy changes and power formed by both informal state institutions and informal policy networks, while the regulatory state has placed a special emphasis on social consensus as well as political support for changes of market institutions. New market rules and laws have also been inefficient and ineffective for fair market competition. Limits of regulatory governance change have occurred due to misalignments between informal regulatory institutions in the developmental state and formal regulatory institutions in the post-developmental state. State managers have created discretionary state intervention in policy implementation, politicized the roles of regulatory agencies, and brought ministry-type regulatory state institutions back in. The establishment of effective market institutions has failed due to informal market institutions (unfair and illegal market practices) that have interfered with the policy implementation of new formal market regulations
Business · Corporate governance · Developmental state · Economic system · Economics · Government (linguistics · Market economy · Political science · Politics · Regulatory state · State (computer science · Asian Industrial and Economic Development · ICT Impact and Policies · Law · Public Administration · Social Policy and Reform Studies · Finance
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| Unique citing works | 1 |
|---|---|
| Citations per year | 0,13 |
| Citation span | 2018 - 2018 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |