'This is a very good piece of research. As a book, it is important because it focuses on important conceptual and empirical issues, namely the role of government and industrial policy in promoting rapid economic growth; and particularly the case of Taiwan as an exemplar of rapid industrial development. The author convincingly refutes the view that sector-specific industrial policy was an important source of Taiwan's rapid industrial growth in the 1980s.' - Hugh T. Patrick, Columbia University, US 'Dr Smith takes Taiwan and Korea as case studies to address fundamental questions concerning the rapid growth and subsequent financial crisis in East Asia: * were the Taiwan and Korean governments interventionist in the 1980s? * did industry policy play a role in the financial crisis of 1997-1998? Heather Smith has put together a comprehensive discussion of strategic industry policy. She analyses at length the fascinating connection between the growth of the chaebol in Korea, its links to the government and to the financial sector, and the unravelling of the financial crisis in Korea. Her analysis throws light on the fundamental strength that Taiwan has shown throughout the crisis. These are fascinating and important questions vital to the economics profession and of interest to the enormous contingent of economic commentators following the East Asian crisis.' - Ron Duncan, Australian National University, Australia The growth in global competitiveness and interdependence has led to an increased interest in the role of industrial policy in achieving economic growth objectives. Heather Smith reignites the contentious debate of the role of the state using East Asian economic development in general with particular emphasis on Taiwan and Korea. Using quantitive techniques, the author analyses the view that industry policy interventions were a necessary factor explaining Taiwan's economic performance in the 1980s.

This open access book analyses the development problems of sub-Sahara Africa (SSA) from the eyes of a Korean diplomat with knowledge of the economic growth Korea has experienced in recent decades. The author argues that Africa's development challenges are not due to a lack of resources but a lack of management, presenting an alternative to the traditional view that Africa's problems are caused by a lack of leadership. In exploring an approach based on mind-set and nation-building, rather than unity – which tends to promote individual or party interests rather than the broader country or national interests – the author suggests new solutions for SSA's economic growth, inspired by Korea's successful economic growth model much of which is focused on industrialisation. This book will be of interest to researchers, policymakers, NGOs and governmental bodies in economics, development and politics studying Africa's economic development, and Korea's economic growth model.

During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States or is part of a general growth in inequality in advanced countries. Focusing on labor market institutions and the supply and demand forces that affect wages, the papers compare patterns of earnings inequality and pay differentials in the United States, Australia, Korea, Japan, Western Europe, and the changing economies of Eastern Europe. Cross-country studies examine issues such as managerial compensation, gender differences in earnings, and the relationship of pay to regional unemployment. From this rich store of data, the contributors attribute changes in relative wages and unemployment among countries both to differences in labor market institutions and training and education systems, and to long-term shifts in supply and demand for skilled workers. These shifts are driven in part by skill-biased technological change and the growing internationalization of advanced industrial economies.

An epoch-marking alliance of laborers, students, dissident intellectuals, and ordinary citizens was at the heart of South Korea’s transformation from a dictatorship into a vibrant democracy during the 1980s. Collectively known as the minjung (“the people”), these agents of Korean democratization historically carved out an expanded role for civil society in the country’s politics. In Revisiting Minjung, some of the foremost experts in 1980s Korean history, literature, film, art, and music provide new insights into one of the most crucial decades in South Korean history. Drawing from the theoretical perspectives of transnationalism, post-Marxist studies, intersectional feminism, popular culture studies, and more, the volume demonstrates how an era that is often associated with radical politics was, in effect, the catalyst for the subsequent flourishing of democratic and liberal values in South Korea. Revisiting Minjung brings new themes, new subjectivities, and new theoretical perspectives to the study of the rich ecosystem of 1980s Korean culture. Treated here is a wide array of topics, including the origins of minjung ideology, its critique by the right wing, minjung art and music, workers’ literary culture, women writers and the resurgence of feminism, erotic cinema, science fiction, transnational political travels, and the representations of race and queerness in 1980s popular culture. The book thus details the origins and development of some of the movements that shape cultural life in South Korea today, and it does so through analyses that engage some of the most pressing debates in current scholarship in Korea and abroad.

This open access book modifies and revitalizes the concept of the ‘developmental state’ to understand the politics of emerging economy through nuanced analysis on the roles of human agency in the context of structural transformation. In other words, there is a revived interest in the ‘developmental state’ concept. The nature of the ‘emerging state’ is characterized by its attitude toward economic development and industrialization. Emerging states have engaged in the promotion of agriculture, trade, and industry and played a transformative role to pursue a certain path of economic development. Their success has cast doubt about the principle of laissez faire among the people in the developing world. This doubt, together with the progress of democratization, has prompted policymakers to discover when and how economic policies should deviate from laissez faire, what prevents political leaders and state institutions from being captured by vested interests, and what induce them to drive economic development. This book offers both historical and contemporary case studies from Japan, South Korea, Taiwan, Singapore, Indonesia, Malaysia, Myanmar, Ethiopia, Kenya, and Rwanda. They illustrate how institutions are designed to be developmental, how political coalitions are formed to be growth-oriented, and how technocratic agencies are embedded in a network of business organizations as a part of their efforts for state building.

“The important . . . largely unknown story of American adoption of Korean children since the Korean War . . . with remarkably extensive research and great verve.” —Charles K. Armstrong, Columbia University Arissa Oh argues that international adoption began in the aftermath of the Korean War. First established as an emergency measure through which to evacuate mixed-race “GI babies,” it became a mechanism through which the Korean government exported its unwanted children: the poor, the disabled, or those lacking Korean fathers. Focusing on the legal, social, and political systems at work, To Save the Children of Korea shows how the growth of Korean adoption from the 1950s to the 1980s occurred within the context of the neocolonial US-Korea relationship, and was facilitated by crucial congruencies in American and Korean racial thought, government policies, and nationalisms. Korean adoption served as a kind of template as international adoption began, in the late 1960s, to expand to new sending and receiving countries. Ultimately, Oh demonstrates that although Korea was not the first place that Americans adopted from internationally, it was the place where organized, systematic international adoption was born. “Absolutely fascinating.” —Giulia Miller, Times Higher Education “ Gracefully written. . . . Oh shows us how domestic politics and desires are intertwined with geopolitical relationships and aims.” —Naoko Shibusawa, Brown University “Poignant, wide-ranging analysis and research.” —Kevin Y. Kim, Canadian Journal of History “Illuminates how the spheres of ‘public’ and ‘private,’ ‘domestic’ and ‘political’ are deeply imbricated and complicate American ideologies about family, nation, and race.” —Kira A. Donnell, Adoption & Culture

South Korea has been quietly growing into a major economic force, even challenging Japan in some industries. This growth may be seen as an example of "late industrialization" and this book discusses this point.