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Globalization and Challenges to the Developmental State: A Comparison between South Korea and Singapore

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  • Jang-Sup Shin

Abstract

By focusing on the interaction between mobile factors and less mobile factors in the process of globalization, this paper argues that the role of the state becomes more important in some significant respects as the pace of globalization accelerates, contrary to the popular perception that it should be diminished invariably. It elaborates on the argument by comparing different challenges to the developmental states in East Asia, mainly those of South Korea and Singapore.

Suggested Citation

  • Jang-Sup Shin, 2005. "Globalization and Challenges to the Developmental State: A Comparison between South Korea and Singapore," Global Economic Review, Taylor & Francis Journals, vol. 34(4), pages 379-395.
  • Handle: RePEc:taf:glecrv:v:34:y:2005:i:4:p:379-395
    DOI: 10.1080/12265080500441495
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    References listed on IDEAS

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    1. Edgar C. Schein, 1996. "Strategic Pragmatism: The Culture of Singapore's Economics Development Board," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262193671, January.
    2. Barry Eichengreen & Michael D. Bordo, 2003. "Crises now and then: what lessons from the last era of financial globalization?," Chapters,in: Monetary History, Exchange Rates and Financial Markets, chapter 3 Edward Elgar Publishing.
    3. Paul BAIROCH & Richard KOZUL-WRIGHT, 1996. "Globalization Myths: Some Historical Reflections On Integration, Industrialization And Growth In The World Economy," UNCTAD Discussion Papers 113, United Nations Conference on Trade and Development.
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    Cited by:

    1. Ahrens, Joachim & Stark, Manuel, 2012. "Unabhängige Organisationen in autoritären Regimes: Widerspruch in sich oder effektives Instrument von Developmental States?," PFH Forschungspapiere/Research Papers 2012/09, PFH Private University of Applied Sciences, Göttingen.

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    Keywords

    Developmental states; South Korea; Singapore;

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