The Prospect for Economic Democracy in South Korea

John Lie
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John Lie: University of Oregon

Economic and Industrial Democracy, 1991, vol. 12, issue 4, 501-513

Abstract: This paper assesses South Korean development from the vantage point of economic democracy. By embarking on export-oriented industrialization policy in the 1960s, the Korean state fostered capital concentration and repressed labor demands. After two decades of economic authoritarianism, political democratization in the late 1980s offers a brighter prospect for the democratization of the economy. Nonetheless, the prospect remains imperiled by the consequences of past policy.

Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ecoind:v:12:y:1991:i:4:p:501-513

DOI: 10.1177/0143831X91124005

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