Abstract
The Korean economy is currently going through an extensive restructuring process as a result of the upheavals occurring in highly competitive international markets. Since the early 1980s, government and business leaders alike have understood the need to restructure the economy in order to enhance the nation’s competitiveness. To this end, major renovation measures have been taken, focusing on reducing market concentration and deregulating, as well as market liberalization and privatization.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
References
Aldrich, Howard, and David A. Whetten (1981), ‘Organization-Sets, Action-Sets, and Networks: Making the Most of Simplicity’, in Paul C. Nystrom, and William H. Starbuck, eds, Handbook of Organizational Design: Vol. 1. Adopting Organizations to Their Environments (New York: Oxford University Press).
Amsden, Alice (1989), Asia’s Next Giant: South Korea and Late Industrialization (New York: Oxford University Press).
Balassa, Bela (1988), The Lessons of East Asian Development: An Overview’, Economic Development and Cultural Change, Vol. 36, No. 3 (Supplement).
Biggart, Nichole Woolsey (1991), ‘Explaining Asian Economic Organization: Toward a Weberian Institutional Perspective’, Theory and Society, Vol. 20, No. 2.
Chang, Ha-Joon (1993), ‘The Political Economy of Industrial Policy in Korea’, Cambridge Journal of Economics, Vol. 17.
Cho, Dong-Sung (1990), Hankuk Chaebol Yonku (A Research on Korean Chaebol) (Seoul: Maeil-Kyungje Shinmunsa, in Korean).
Chowdhury, Anis, and Iyanatul Islam (1993), The Newly Industrializing Economies of East Asia (London: Routledge).
Chung, Byung-Hyu, and Young-Sik Yang (1992), Hankuk Chaebol Bumuneui Kyungje Bunsuk (An Economic Analysis on Korea Chaebol) (Seoul: Korea Development Institute, in Korean).
Gereffi, Gary (1990), ‘Path of Industrialization: An Overview’, in Gary Gereffi, and Donald L. Wyman, eds, Manufacturing Miracles: Paths of Industrialization in Latin America and East Asia (Princeton, NJ: Princeton University Press).
Haggard, Stephen (1990), Pathways from the Periphery: the Politics of Growth in the Newly Industrializing Countries (Ithaca, NY: Cornell University Press).
Haggard, Stephen, and Chung-In Moon (1990), ‘Institutions and Economic Policy: Theory and a Korean Case Study’, World Politics, Vol. 42, No. 2.
Hattori, Tamio (1991), Ilboni Bon Hankukeui Kiop Kyungyunggwa Chaebol (Korean Business Management and Chaebol from Japanese Perspective) (Seoul: Hwapyungsa, in Korean translation).
Johnson, Chalmers (1982), MITI and the Japanese Miracle: The Growth of Industrial policy, 1925–1975 (Stanford: Stanford University Press).
Kang, Cheol-Kyu, Choi, Jeong-Pyo, and Ji-Sang Chang (1991), Chaebol (Seoul: Bibong, in Korean).
Kim, Seok-Ki (1987), ‘Business Concentration and Government Policy’, Unpublished D.B.A. Thesis, Harvard University.
Komiya, Ryutaro, Okuno, Masahiro, and Kotaro Suzumura, eds (1984), Nihon no Sangyoseisaku (Industrial Policy in Japan) (Tokyo: Todai Shuppankai, in Japanese).
Lal, D., and S. Rajapatirana (1987), ‘Foreign Trade Regime and Economic Growth in Developing Countries’, Work Bank Research Observer, Vol. 2, No. 2.
Lee, Chung H. (1992), The Government, Financial System, and Large Private Enterprises in the Economic Development of South Korea’, World Development, Vol. 20, No. 2.
Lee, Chung H., and S. Naya (1988), Trade in East Asian Development with Comparative Reference to Southeast Asian Experience’, Economic Development and Cultural Change, Vol. 36, No. 3 (Supplement).
Lee, Kyu-Uck, and Jae-Hyung Lee (1990), Giop Jipdangwa Kyungjeryok Jipjung (Business Groups and Concentration of Economic Power) (Seoul: KDI, in Korean).
March, James G., and Johan P. Olsen (1984), The New Institutionalism: Organizational Factors in Political Life’, American Political Science Review, Vol. 78.
Moon, Chung-In, and Rashemi Prasad (1994), ‘Beyond the Developmental State: Networks, Politics, and Institutions’, Governance: An International Journal of Policy and Administration, Vol. 7, No. 4.
Murakami, Yasusuke (1988) A Tale About Diffusion of Social Exchange: Cultural Patterns in Postwar Japanese Economy, mimeo.
Ouchi, William (1984), The M-form society: how American team work can recapture the competitive edge (Reading, Mass.: Addison-Wesley).
Pack, Howard, and Larry Westphal (1986), ‘Industrial Strategy and Technological Change: Theory versus Reality’, Journal of Development Economics, Vol. 22.
Pressman, Jeffrey L., and Aaron Wildavsky (1973), Implementation (Berkeley: University of California Press).
Shin, Roy W. (1991), ‘The Role of Industrial Policy Agents: A Study of Korean Intermediate Organization as a Policy Network’, Pacific Focus, Vol. 6, No. 2.
Suh, Jae Jean (1989), ‘The Social and Political Networks of the Korean Capitalist Class’, Asian Perspective, Vol. 13, No. 2.
Wade, Robert (1990a), ‘Industrial Policy in East Asia: Does It Lead or Follow the Market?’ in Gary Gereffi and Donald L. Wyman, eds, Manufacturing Miracles: Paths of Industrialization in Latin America and East Asia (Princeton, NJ: Princeton University Press).
Wade, Robert (1990b), Governing the Market: Economic Theory and the Role of Government in East Asian Industrialization (Princeton, NJ: Princeton University Press).
Westphal, Larry E. (1990), ‘Industrial Policy in an Export-Propelled Economy: Lessons from South Korea’s Experience’, Journal of Economic Perspectives, Vol. 4, No. 3.
Williamson, Oliver (1985), Markets and Hierarchies, Analysis and Antitrust Implications: A Study in the Economics of Internal Organization (New York: Free Press).
World Bank (1993), The East Asian Miracle: Economic Growth and Public Policy (New York: Oxford University Press).
Yeom, Jaeho (1989), ‘A Bureaucratic Organization in a Network Setting: MITI and the Japanese Industrial Policy for High Technology’, Unpublished Ph.D. Dissertation, Stanford University.
Yoshino, M.Y., and Thomas B. Lifson (1986), The Invisible Link: Japan’s Sogo Shosha and the Organization of Trade (Cambridge, MA: The MIT Press).
Editor information
Editors and Affiliations
Copyright information
© 1998 Palgrave Macmillan, a division of Macmillan Publishers Limited
About this chapter
Cite this chapter
Yeom, J. (1998). Economic Reform and Government—Business Relations in Korea: Towards an Institutional Approach. In: Hosono, A., Saavedra-Rivano, N. (eds) Development Strategies in East Asia and Latin America. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-26567-1_9
Download citation
DOI: https://doi.org/10.1007/978-1-349-26567-1_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-26569-5
Online ISBN: 978-1-349-26567-1
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)