Contemporary South Korean Economy: Challenges And Prospects

Contemporary South Korean Economy: Challenges And Prospects

Author: Min-hua Chiang

Publisher: #N/A

Published: 2017-06-28

Total Pages: 169

ISBN-13: 9813207256

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South Korea's post-war economic success is a well-known story. However, its development in the past two decades is relatively less investigated. By reviewing key economic issues in South Korea's economy today, this book offers an input to the research of contemporary South Korea, in particular the country's economic development and its external economic relations.This book provides an analytical overview of key issues in contemporary South Korean economy. The timely and in-depth study presented in the book examines the main reasons behind South Korea's economic slowdown in recent years, the economic and social impact following chaebol's growing business expansion, free trade agreements with China and the United States, the development of income inequality, the ageing demography and the Korean government's policy response to overcome the current economic difficulties.


Marxist Perspectives on South Korea in the Global Economy

Marxist Perspectives on South Korea in the Global Economy

Author: Martin Hart-Landsberg

Publisher: Taylor & Francis

Published: 2017-03-02

Total Pages: 287

ISBN-13: 135191958X

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This volume brings together work by international scholars to provide a unique analysis of the past, present and possible future trajectory of Korea's political economy from a distinctly Marxist perspective. The volume differentiates the Marxian approach to the political economy of Korean development from the Keynesian, social democratic approach that currently dominates the critical literature. In doing so the volume provides a unique view of the development of the South Korean Economy.


The North Korean Economy

The North Korean Economy

Author: Nicholas Eberstadt

Publisher: Routledge

Published: 2017-09-04

Total Pages: 466

ISBN-13: 1351478265

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Viewed from afar, North Korea may appear bizarre, or positively irrational. But as Nicholas Eberstadt demonstrates in this meticulously researched volume, there is a grim coherence to North Korea's political economy, and a ruthless logic undergirding it--one that unreservedly subordinates economic welfare to augmentation of political power. Thus, paradoxically, even as official policies and practices consign the DPRK economy to a perilous realm between crisis and catastrophe, the country's leadership maintains unchallenged domestic control and has actually managed to increase its international influence.Through painstaking collection of hard-to-uncover data and careful analysis, Eberstadt provides a quantitative tableau of North Korea's terrible failure in its economic race against South Korea; its stubborn adherence to policies all but guaranteed to stifle growth and undermine economic performance; and the longstanding official effort to ignore, or mitigate, pressures for economic reform.Eberstadt is skeptical of optimistic accounts from South Korea and elsewhere suggesting that the North Korean leadership is interested in resolving the current nuclear impasse, and getting on with the business of reform and development. So long as Pyongyang's rulers entertain the ambition of reunifying the Korean peninsula on its own terms, Eberstadt argues, economic reforms worthy of the name will be subversive of state authority--and vigilantly resisted by Pyongyang's rulers. This authoritative volume has received widespread attention from Asian specialists, well as those concerned with nuclear proliferation and world peace, and international relations professionals in general.


Domestic Constraints on South Korean Foreign Policy

Domestic Constraints on South Korean Foreign Policy

Author: Scott A. Snyder

Publisher: Council on Foreign Relations

Published: 2018-01-01

Total Pages: 106

ISBN-13: 0876097336

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These essays support the argument that strong and effective presidential leadership is the most important prerequisite for South Korea to sustain and project its influence abroad. That leadership should be attentive to the need for public consensus and should operate within established legislative mechanisms that ensure public accountability. The underlying structures sustaining South Korea’s foreign policy formation are generally sound; the bigger challenge is to manage domestic politics in ways that promote public confidence about the direction and accountability of presidential leadership in foreign policy.


Communication, Digital Media, and Popular Culture in Korea

Communication, Digital Media, and Popular Culture in Korea

Author: Kyong Yoon Yong Jin

Publisher: Lexington Books

Published: 2018-05-16

Total Pages: 533

ISBN-13: 1498562043

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In recent decades, Korean communication and media have substantially grown to become some of the most significant segments of Korean society. Since the early 1990s, Korea has experienced several distinctive changes in its politics, economy, and technology, which are directly related to the development of local media and culture. Korea has greatly developed several cutting-edge technologies, such as smartphones, video games, and mobile instant messengers to become the most networked society throughout the world. As the Korean Wave exemplifies, the once small and peripheral Korea has also created several unique local popular cultures, including television programs, movies, and popular music, known as K-pop, and these products have penetrated many parts of the world. As Korean media and popular culture have rapidly grown, the number of media scholars and topics covering these areas in academic discourses has increased. These scholars’ interests have expanded from traditional media, such as Korean journalism and cinema, to several new cutting-edge areas, like digital technologies, health communication, and LGBT-related issues. In celebrating the Korean American Communication Association’s fortieth anniversary in 2018, this book documents and historicizes the growth of growing scholarship in the realm of Korean media and communication.


Korea’s Quest for Economic Democratization

Korea’s Quest for Economic Democratization

Author: Youngmi Kim

Publisher: Springer

Published: 2017-09-06

Total Pages: 312

ISBN-13: 3319570668

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This book studies the sources of inequality in contemporary South Korea and the social and political contention this engenders. Korean society is becoming more polarized. Demands for ‘economic democratization’ and a fairer redistribution of wealth occupy centre-stage of political campaigns, debates and discourse. The contributions offer perspectives on this wide-ranging socio-political change by examining the transformation of organized labour, civil society, the emergence of new cleavages in society, and the growing ethnic diversity of Korea’s population. Bringing together a team of scholars on Korea’s transition and democratization, the story the books tells is one of a society acutely divided by the neo-liberal policies that accompanied and followed the Asian financial crisis. Taken together, the contributions argue that tackling inequalities are challenges that Korean policy-makers can no longer postpone. The solution, however, cannot be imposed, once again, from the top down, but needs to arise from a broader conversation including all segments of Korean society. The book is intended for a readership interested in South Korean politics specifically, and global experiences in transition more generally.


South Korea at the Crossroads

South Korea at the Crossroads

Author: Scott A. Snyder

Publisher: Columbia University Press

Published: 2018-01-02

Total Pages: 203

ISBN-13: 0231546181

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Against the backdrop of China’s mounting influence and North Korea’s growing nuclear capability and expanding missile arsenal, South Korea faces a set of strategic choices that will shape its economic prospects and national security. In South Korea at the Crossroads, Scott A. Snyder examines the trajectory of fifty years of South Korean foreign policy and offers predictions—and a prescription—for the future. Pairing a historical perspective with a shrewd understanding of today’s political landscape, Snyder contends that South Korea’s best strategy remains investing in a robust alliance with the United States. Snyder begins with South Korea’s effort in the 1960s to offset the risk of abandonment by the United States during the Vietnam War and the subsequent crisis in the alliance during the 1970s. A series of shifts in South Korean foreign relations followed: the “Nordpolitik” engagement with the Soviet Union and China at the end of the Cold War; Kim Dae Jung’s “Sunshine Policy,” designed to bring North Korea into the international community; “trustpolitik,” which sought to foster diplomacy with North Korea and Japan; and changes in South Korea’s relationship with the United States. Despite its rise as a leader in international financial, development, and climate-change forums, South Korea will likely still require the commitment of the United States to guarantee its security. Although China is a tempting option, Snyder argues that only the United States is both credible and capable in this role. South Korea remains vulnerable relative to other regional powers in northeast Asia despite its rising profile as a middle power, and it must balance the contradiction of desirable autonomy and necessary alliance.


Contemporary Korea-Southeast Asian Relations

Contemporary Korea-Southeast Asian Relations

Author: Lam Peng Er

Publisher: Taylor & Francis

Published: 2022-07-29

Total Pages: 288

ISBN-13: 1000624625

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This book presents a comprehensive overview of the relations between the two Koreas and the different ASEAN states, including their relations with ASEAN as an organization. It outlines a complex picture with both bilateral and multilateral relations in play at the same time. It charts for each relationship how the present situation has arisen, discusses current difficulties and strains, and assesses how the relationship may develop in future.


Oxford Handbook of the International Relations of Asia

Oxford Handbook of the International Relations of Asia

Author: Saadia M. Pekkanen

Publisher: Oxford University Press, USA

Published: 2014

Total Pages: 841

ISBN-13: 0199916241

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This Handbook examines the theory and practice of international relations in Asia. Building on an investigation of how various theoretical approaches to international relations can elucidate Asia's empirical realities, authors examine the foreign relations and policies of major countries or sets of countries.