The Park Chung Hee Era: The Transformation of South Korea

The Park Chung Hee Era: The Transformation of South Korea

Ezra F. Vogel, Hyung-A Kim, Byung-Kook Kim, Chang Jae Baik, Yong-Sup Han, Sung Gul Hong, Paul D. Hutchcroft, Hyug Baeg Im, Byung

In 1961 South Korea used to be mired in poverty. via 1979 it had a strong commercial economic system and a colourful civil society within the making, which might result in a democratic leap forward 8 years later. The transformation came about throughout the years of Park Chung Hee’s presidency. Park seized energy in a coup in 1961 and governed as a digital dictator until eventually his assassination in October 1979. he's credited with modernizing South Korea, yet at an important political and social cost.

South Korea’s political panorama less than Park defies effortless categorization. The nation used to be predatory but technocratic, reform-minded but speedy to crack down on dissidents within the identify of political order. The state used to be balanced uneasily among competition forces calling for democratic reforms and the Park government’s obsession with fiscal development. The chaebol (a strong conglomerate of multinationals established in South Korea) bought vast govt help to pioneer new development industries, whilst a national crusade of monetary surprise therapy—interest hikes, devaluation, and salary cuts—met powerful public resistance and prompted huge hardship.

This landmark quantity examines South Korea’s period of improvement as a learn within the complicated politics of modernization. Drawing on a rare variety of resources in either English and Korean, those essays recuperate and contextualize the various ambiguities in South Korea’s trajectory from poverty to a sustainable excessive fee of financial growth.

Show sample text content

Download sample