The South Korean economic development trajectory has been widely
studied and is well understood. From an impoverished war-torn nation,
the country has progressed on all fronts, including a ten-fold
increase in per capita income over a 40 year period. It stands out
internationally when it comes to education and politically it has
moved away from authoritarianism to a more spirited democratic system.
In short, it seems to have achieved it all. The question then is, what
does a country do after it has attained development? This volume
examines Korea's strategic engagement with Asia as a response to the
limits of the home market. Access to new markets and resources in Asia
through exports and foreign investment are critical. Additionally,
with Korea's ongoing demographic crisis, its engagement with foreign
workers is also inevitable. After-Development Dynamics explores how
Korea is responding through regional integration, strategic industrial
upgrading of exports, foreign markets and resources, and coping with
migrants, including unskilled workers, students, and professionals.
The transfer of Korean business and employment practices through
investment to other countries and accommodating foreigners is not
trouble-free. Further, prosperity imposes demands for increased social
welfare, while the workings of contemporary global capitalism
introduce new sources of inequality. Sharing that prosperity with
small firms, irregular workers, and women becomes critical. This
volume presents the key internal challenges facing Korean society and
suggests multiple ways to address them as a related response to
Korea's after-development prosperity.
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South Korea's Contemporary Engagement with Asia
Produktdetaljer
ISBN
9780191045738
Publisert
2020
Utgave
1. utgave
Utgiver
Oxford University Press Academic UK
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter