ABSTRACT

The economic success of East Asia is often attributed to the relationship between state and business. In The State and Industry in South Korea , Jong-Chan Rhee presents a more balanced view of Korea's `industrial miracle'. The book examines the limits of a strong authoritarian state as a vehicle for intervening in the market or for sponsoring liberal reform. In so doing the author focuses on how state-controlled industrial adjustment in Korea has succeeded and failed.

chapter |7 pages

Introduction

chapter 1|27 pages

Institutional change and capitalist collective action

The analytical framework and arguments

chapter 2|24 pages

The state-led industrial adjustments in comparative perspective

Japan and France

chapter 7|16 pages

The politics of economic reform

chapter 8|27 pages

The return to a collusive state-big business governing coalition

The disposals of financially ill-managed firms