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Korea's evolving business-government relationship

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  • Eun Mee Kim

Abstract

South Korea has gained economic development despite the obstacles it faced as a war-torn country with little natural resources and capital. Poverty, lack of democracy, as well as war and conflict were challenges the country faced in the early 1960s; issues not very different from what many developing countries face in the 21st century. This paper focuses on the following topics during the most dynamic period in South Korea's economic development from 1960s to 1980s: the developmental state and industrial policies; the role of the private businesses; and state-business relationship.

Suggested Citation

  • Eun Mee Kim, 2015. "Korea's evolving business-government relationship," WIDER Working Paper Series wp-2015-103, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2015-103
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    References listed on IDEAS

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    1. Verena Fritz & Alina Rocha Menocal, 2007. "Developmental States in the New Millennium: Concepts and Challenges for a New Aid Agenda," Development Policy Review, Overseas Development Institute, vol. 25(5), pages 531-552, September.
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    Keywords

    Public - private sector cooperation;

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