The political economy of South Korea’s development
1. What were the sources of the economic “take-off” of the 1960s and 1970s?
2. Why was government intervention in Korea effective unlike in many Latin American countries?
Rodrik, Dani, Grossman, G., & Norman, V. 1995. “Getting Interventions Right: How South Korea and Taiwan Grew Rich.” Economic Policy 20, 55-107. https://www.jstor.org/stable/1344538?seq=1#metadata_info_tab_contents
Politics of chaebol reform and “economic democracy”
1. What are the problems of chaebols?
2. What reforms did take place? Why?
3. What further reforms are needed? Do you think further reforms are not needed?
Kim, Eun Mee. “Reforming the Chaebols.” In Diamond and Shin, Ch. 7.
Ha, Yong-Chool and Wang Hwi Lee. 2007. “The Politics of Economic Reform in South
Korea: Crony Capitalism after Ten Years.” Asian Survey 47(6): 894-914. https://www.proquest.com/docview/224229670?pq-origsite=gscholar&fromopenview=true
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