The State and The Effective Control of Foreign Capital: The Case of South Korea

1990 ◽  
Vol 43 (1) ◽  
pp. 111-138 ◽  
Author(s):  
Russell Mardon
Keyword(s):  
Industrial Development ◽  
Foreign Capital ◽  
Foreign Ownership ◽  
The State ◽  
Effective Control ◽  
The South ◽  
South Korean ◽  
Korean State ◽  
And Control ◽  
The Impact

The literature on the political economy of developing nations has focused attention upon the weakness and vulnerability of the nation-state and its limited ability to deal with and effectively alter the dominant forces of the international economy. Despite common international structures, however, the empirical pattern of foreign ownership and control of the means of production varies in newly industrializing nations. Domestic political structures and alternative state strategies may therefore have a significant impact on the pattern of foreign ownership and on the degree of control that foreign capital may exert on a developing economy.The author examines the principal legal and bureaucratic mechanisms utilized by the South Korean state to regulate the domestic economy's interaction with international capital, as well as the impact of these mechanisms upon domestic production patterns. The South Korean case demonstrates that, through the formulation and implementation of appropriate policy, the state in a developing nation possesses the capacity to shape the pattern of interaction with international economic forces. Legal and bureaucratic mechanisms have facilitated an industrial development that is predominantly owned and effectively controlled by Korean nationals.

scholarly journals Nadzór właścicielski nad przedsiębiorstwami z udziałem Skarbu Państwa w Korei Południowej i Singapurze w kontekście dyskusji dotyczącej reformy systemu nadzoru właścicielskiego w Polsce

2021 ◽  
pp. 235-249
Author(s):  
Dominik Aziewicz
Keyword(s):  
South Korea ◽  
National Economy ◽  
The State ◽  
Decision Makers ◽  
Ongoing Debate ◽  
Supervision System ◽  
South Korean ◽  
Holding Company ◽  
Korean State ◽  
The Impact

State-owned enterprises supervision system in South Korea and Singapore, within the context of the debate about reforming state-owned enterprises supervision system in Poland State-owned enterprises are a part of most modern economies. Therefore, it is substantial to elaborate which model of supervision system is the most suitable for the challenges of each country. Since the 2015 there is an ongoing debate in Poland, about the shape of a stateowned enterprises supervision system. It was considered to establish a national holding company, which would perform the ownership function for Polish state-owned enterprises. An inspiration for this idea was the South Korean state-owned supervision system and the impact of the chaebols on the Korean national economy. The aim of this article it to examine Korean solutions, and to present the state-owned supervision system which function in Singapore, because in many ways it seems to be a more adequate inspiration for the needs of Polish decision-makers.

An Old Right in New Bottles: State without Nation in South Korean New Right Historiography

2021 ◽  
pp. 1-21
Author(s):  
Sungik Yang
Keyword(s):  
Recent Change ◽  
New Right ◽  
Historical Narratives ◽  
Right Wing ◽  
The South ◽  
Nationalist Discourse ◽  
South Korean ◽  
Park Chung Hee ◽  
Korean State ◽  
The Right

The New Right movement that arose in the early 2000s in South Korea was a response to a change in ownership of Korean nationalist discourse during the preceding decades. Although nationalism was the preserve of the South Korean right wing from the trusteeship crisis in 1945 through the end of the Park Chung Hee regime, a historiographical revolt in the 1980s that emphasized the historical illegitimacy of the South Korean state allowed the Left to appropriate nationalism. With the loss of nationalism from its arsenal, the Right turned to postnationalist neoliberal discourse to blunt the effectiveness of leftist nationalist rhetoric. An examination of New Right historiography on the colonial and postliberation periods, however, shows that despite the recent change in conservatives’ stance on nationalism, a preoccupation with the legitimacy of the South Korean state remains at the center of right-wing historical narratives. The New Right represents old wine in new bottles.

Enterprising State and Entrepreneurial Self

Homing ◽  
2017 ◽  
Author(s):  
Ji-Yeon O. Jo
Keyword(s):  
South Korea ◽  
The State ◽  
Global Capitalism ◽  
Economic Mobility ◽  
Ethnic Nationalism ◽  
South Korean ◽  
Entrepreneurial Strategies ◽  
Korean State ◽  
And Shifts

I trace how conceptions of citizenship have transformed in post-1990 South Korea, focusing on the major formations of and shifts in Korean citizenship, as well as on the evolution of nationality laws concerning diaspora Koreans. I also examine legacy migrants’ perspectives on citizenship and legal belonging. The process of citizen-making, which unfolds through the dynamics between an “enterprising” South Korean state and the “entrepreneurial” strategies incorporated by the legacy migrants in this study, largely rests on the interplay between emotionally charged ethnic nationalism and economic mobility driven by neoliberal global capitalism, both of which in turn have rearticulated and reconfigured the borders of South Korean citizenship and belonging. As a result, various forms of conditional and contingent citizenship—statuses that are neither fully admitted by the state nor fully committed to by returnees—have been produced.

The Developmental State

2019 ◽  
pp. 71-100
Author(s):  
Luis Eslava
Keyword(s):  
Twentieth Century ◽  
International Law ◽  
Developmental State ◽  
The State ◽  
The South ◽  
Post Colonial ◽  
Institutional Formation ◽  
Complex Process ◽  
Starting Point ◽  
The Impact

The battle for international law during the era of decolonization in the mid-twentieth century was to a large extent a battle fought over the nature, function and objectives of the state—above all, over their relationship to the idea of ‘development’. A particular normative and institutional formation resulted from this battle: the ‘developmental state’, the impact of which on (in)dependence in the South was and continues to be profound. However, the ‘developmental state’ did not spring ready-made out of nowhere. On the contrary, using Latin America’s much earlier experience of colonialism, decolonization and independent statehood as a starting-point, this chapter draws attention to the long and complex process through which the developmental state’s most important elements emerged, defining what was thinkable and doable there and elsewhere in the post-colonial world.

The developmental state and social enterprise in South Korea

2015 ◽  
Vol 11 (2) ◽  
pp. 116-137 ◽  
Author(s):  
Bokgyo Jeong
Keyword(s):  
Public Policy ◽  
South Korea ◽  
Social Enterprise ◽  
Developmental State ◽  
The State ◽  
Social Enterprises ◽  
The South ◽  
Content Type ◽  
South Korean ◽  
Role Of The State

Purpose – This paper aims to examine the distinctiveness of South Korean social enterprises from a historical institutionalism perspective. From this perspective, the author focuses on the proactive roles played by the government in the process of emergence and formulation of social enterprises in South Korea. The author roots this paper in the concept of the developmental state and examines how this concept applies to newly emerging social enterprises in South Korea. Design/methodology/approach – This paper first introduces the process of South Korean social enterprises’ emergence as an independent phenomenon. The author explains the process with a link to governmental actions, such as the introduction of public programs and government acts. Second, this paper introduces the concept of developmental state which captures the proactive role of the state in social, economic and political development in South Korea. Third, this paper applies the institutional framework proposed by Kerlin (2013) to see how the South Korean social enterprise model can be located from a comparative perspective and how the South Korean model can contribute to the expansion of the existing framework. Findings – This paper finds that the state involvement in South Korea is a reflection of the historical path of the developmental state. The cross-comparison of South Korean social enterprises from a historical institutionalist approach finds that the South Korean case may contribute to the ongoing scholarly debate by suggesting taking a Weberian ideal type of an interventionist state into account for an extension of the proposed framework. This paper also uncovered the strategic approach of the South Korean Government in utilizing this public policy tool by adopting and combining existing social enterprise models. Research limitations/implications – This paper demonstrates the state’s intents to mobilize economic and societal resources as public policy intervention tools, which can be understood from a developmental state context. This role would be distinct when compared to those in Europe and the USA. This paper has a limitation to restrict its analytical scope to formally recognized social enterprises because it focuses on the role of the state in utilizing social enterprises for public policy agenda: social development and social welfare provision. Practical implications – As a practical implication, this study might provide an insightful framework for South Korean public policy makers, outlining the contributions and limitations of state-led public policies associated with social enterprises. As seen in the historical path of governmental interventions, governmental public policies do not necessarily guarantee their sustainable community impacts without the consideration of private or nonprofit actors’ spontaneous involvements. The flip side of state-led interventions requires policy makers to become more cautious, as they address social problems with public policy intents. Originality/value – The majority of current studies on social enterprises in South Korea mainly focus on reporting the quantitative increase in the number of registered social enterprises. Beyond this quantitative description of its achievement, this paper also provides a historical narration and philosophical background of this phenomenon. Additionally, it shows how this artificial government intervention in social enterprises could be accepted from a historical perspective and brought remarkable responses from the private and civil society sectors in South Korea.

scholarly journals Increasing resource efficiency in the industrial complex ensuring environmental human rights

2021 ◽  
Vol 12 (1) ◽  
pp. 124-139
Author(s):  
Liudmyla Deineko ◽  
Mykola Sychevskiy ◽  
Olena Tsyplitska ◽  
Nadiia Grebeniuk ◽  
Oleksandr Deineko
Keyword(s):  
Sustainable Development ◽  
Human Rights ◽  
Industrial Development ◽  
Business Models ◽  
The State ◽  
Economic Feasibility ◽  
Industrial Complex ◽  
Environmental Rights ◽  
Environmental Human Rights ◽  
The Impact

The close relationship between industrial development and environmental pollution is considered the main problem of negative climate changes and the deterioration of life quality leading to an increase in mortality. In this regard, the protection of environmental human rights is of great importance. The paper aims to assess the trends of industrial influence on the human environment and the level of protection of environmental human rights in different countries through reviewing and analysis of the set of relevant studies. The paper brings novelty exploring an array of objectives for protecting human environmental rights in the framework of the Sustainable Development Goals, implementation of a circular and resource-efficient economy, together with the Industry 4.0 technologies for industrialized countries, including Ukraine. Most studies consider contradictions between the economic and environmental goals of both businesses and the state the main obstacle for the ecologization of industrial production. The economic feasibility of introducing more resource-efficient business models has been proved. The impact of Ukrainian industrial companies on the environment and the state of human environmental rights protection is studied. The results of the study allow stating that the resource and energy inefficiency of industrial technology in the country, as well as the weakness of state institutions in the implementation of reforms for sustainable development, is a fundamental threat to human rights and a healthy life.

scholarly journals Emperor Alexander II and the South Urals: A New Collection of Documents Published by Archivists of the Chelyabinsk Region

2020 ◽  
pp. 306-311
Author(s):  
Sergey V. Lyubichankovsky ◽  
Keyword(s):  
National Archive ◽  
Southern Urals ◽  
The State ◽  
South Urals ◽  
State Archive ◽  
The South ◽  
The Southern Urals ◽  
Russian State ◽  
Chelyabinsk Region ◽  
The Impact

The article reviews the collection of documents “Emperor Alexander II and the Southern Urals,” published in 2019 and dedicated to the 200th anniversary of the Emperor. The book tells of the Tsarevich’s journey through the Southern Urals in 1837 and of manufacture of gifts to him by the Zlatoust craftsmen; a separate part consists of documents devoted to the reign of Alexander II and the impact of the Great Reforms on the development of the region. The collection ends with documents on the perpetuation of the Emperor’s memory. The review proves that this collection of documents closes the topic of relations between Alexander II and the Southern Urals, which has been little studied in the historiography. It concludes that the initiators of the publication – employees of the Joint State Archive of the Chelyabinsk Region – have included in the book legislative acts, recordkeeping materials, materials of the periodical press, sources of personal provenance, photographs, and visual materials. There is a list of archives and museums from which the sources originate: state archives of the Chelyabinsk, Orenburg, Sverdlovsk regions, the National Archive of the Republic of Bashkortostan, the Archive of the Zlatoust City District; the Verkhny Ufaley and Zlatoust local history museums; the Russian State Archive of Photo Documents, the State Russian Museum; the Department for Preservation of Historical Heritage of the South Ural Railway, the Russian State Historical Archive, and the State Archive of the Russian Federation. The review describes the structure of the collection and contends that it contributes to comprehensive coverage of the studied problems. It allows its readers to find the needed documents confidently and quickly, even with minimal research skills. Photo documents (little–known photographs and drawings) included in the collection complement the text quite successfully. The reviewers underscore that the publication contains three extensive introductory articles, the reading of which contributes to a deeper understanding of the sources. Thus, the review concludes that the collection has expanded the documentary base adequately in order to spur extensive research of the pre–revolutionary history of the Southern Urals.

scholarly journals Industrialization and Two-Party Democracy

1991 ◽  
Vol 12 ◽  
pp. 100-112
Author(s):  
Eric M. Mackey
Keyword(s):  
Republican Party ◽  
Industrial Development ◽  
American South ◽  
Industrial Change ◽  
The South ◽  
Congressional Voting ◽  
Industrial Employment ◽  
Primary Finding ◽  
The American South ◽  
The Impact

This paper analyzes the impact of industrial change on partisan transitions in the American South. Using aggregate data from the decennial censes from 1940 to 1980 and aggregate election returns for roughly this same period, the primary finding is a weak and often contradictory bivariate relationship between industrial employment and partisan support in the South. The results were usually much worse for a typical economic development thesis when the dependent and independent variables were operationalized dynamically and when presidential voting and congressional voting were analyzed separately. Overall, the evidence in this paper does not suggest that the Republican party is necessarily or often a beneficiary of industrialization. Neither does it speak well for the possibility of pursuing industrial development as a means of promoting partisan democracy in the South or any other geopolitical context.

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