EAST 213 Lecture Notes - Lecture 21: Uch, Park Chung-Hee, Mitsubishi 1Mf

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Kim byung-kook the politics of crisis and a crisis of politics : the presidency of kim dae-jung . Capital w/ the most econ repressed at the time. Someone who hadn"t been corrupted by korean government prior. Reunification efforts : kdj"s name was synonymous with innovative and unorthodox thinking, especially on issues related to inter-korea relations (kim byung-kook 44) Financial troubles were a systematic crisis arising from 5 general faults in k"s political economy : a highly regulated economy that bred market inefficiency and corruption. Private partnership/guided capitalism: a labour market w/ structural rigidities caused by company unionism. Kim dae jung"s presidency : imf reforms and the development of democratic civil society. 1997-8 peaceful transfer of power to opposition party. National soul searching identity of nation in post-dictatorship period. Growth of civil society and the notion of shared benefits in national development by the middle class. Continuing support for capitalist free enterprise as the most democratic economic system.

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