Korea S Development Under Park Chung Hee

Based on personal interviews with the principal policy-makers of the 1970s, Korea's Development under Park Chung-Hee examines how the president sought to develop South Korea into an independent, autonomous sovereign state both economically and militarily. Kim provides a new narrative in the complex task of exploring the paradoxical nature and effects of Korea's rapid development which maintains that any judgement of Park must consider his achievements in the socio-economic, cultural and political context in which they took place. Aspects of Park's government analyzed include: *his abhorrence of Korea's reliance on the US presence *the Korean model of state-guided industrialization *Park's rapid development strategy *the role of the ruling elites *Park's clandestine nuclear development program *the heavy chemical industrialisation of the 1970s The prevailing popularity of Park in the eyes of the Korean public is significant and relevant to their acceptance of how their national development was achieved. This book tells that story while simultaneously recognizing the flaws in the process. With a great deal of material never before published, scholars of Korean politics and history at all levels will find this book a stimulating account of South Korea in the 1960s and 1970s.

By examining the most controversial Park Chung-hee period (1961-1979), Developmental Dictatorship and the Park Chung-hee Era helps the reader rediscover the socioeconomic origins of modern Korea. The essays in this book written by twelve noted Korean social scientists discuss the relationship between South Koreas economic development and totalitarianism in the form of the Park dictatorship. ABOUT THE EDITOR lee Byeong-cheon holds a PhD in economics from Seoul National University. He is a professor in the Department of Economics and International Trade at Kangwon National University. Dr. Lee was a visiting professor at University of California, Berkeley. CONTRIBUTORS Lee Byeong-cheon, Kim Sam-soo, Seo Ick-jin, Yoo Chul-gyue, Lee Sang-cheol, Lee Joung-woo, Lee Chong-suk, Cho Young-chol, Chin Jung-kwon, Han Hong-koo, Hong Seong-tae, Hong Yun-gi.

In 1961 South Korea was mired in poverty. By 1979 it had a powerful industrial economy and a vibrant civil society in the making, which would lead to a democratic breakthrough eight years later. The transformation took place during the years of Park Chung Hee's presidency. Park seized power in a coup in 1961 and ruled as a virtual dictator until his assassination in October 1979. He is credited with modernizing South Korea, but at a huge political and social cost. South Korea's political landscape under Park defies easy categorization. The state was predatory yet technocratic, reform-minded yet quick to crack down on dissidents in the name of political order. The nation was balanced uneasily between opposition forces calling for democratic reforms and the Park government's obsession with economic growth. The chaebol (a powerful conglomerate of multinationals based in South Korea) received massive government support to pioneer new growth industries, even as a nationwide campaign of economic shock therapy-interest hikes, devaluation, and wage cuts-met strong public resistance and caused considerable hardship. This landmark volume examines South Korea's era of development as a study in the complex politics of modernization. Drawing on an extraordinary range of sources in both English and Korean, these essays recover and contextualize many of the ambiguities in South Korea's trajectory from poverty to a sustainable high rate of economic growth.

The Republic of Korea achieved a double revolution in the second half of the twentieth century. In just over three decades, South Korea transformed itself from an underdeveloped, agrarian country into an affluent, industrialized one. At the same time, democracy replaced a long series of military authoritarian regimes. These historic changes began under President Park Chung Hee, who seized power through a military coup in 1961 and ruled South Korea until his assassination on October 26, 1979. While the state's dominant role in South Korea's rapid industrialization is widely accepted, the degree to which Park was personally responsible for changing the national character remains hotly debated. This book examines the rationale and ideals behind Park's philosophy of national development in order to evaluate the degree to which the national character and moral values were reconstructed.

For South Koreans, the early 1960s to late 1970s were the best and worst of times—a period of unprecedented economic growth and deepening political oppression. Carter J. Eckert finds the roots of this dramatic socioeconomic transformation in the country’s long history of militarization, personified in South Korea’s paramount leader, Park Chung Hee.

How did a country with a dearth of natural resources, a sprawling population congested in a limited arable land transform itself to a modern industrial state within a generation? How could these have been achieved given the lingering geopolitical threats to its very survival as a state, as evidenced by the Korean War and the internecine aggressive posturing of its neighbor from the north? This book looks at strategies, institutional arrangement, role of entrepreneurs and workers in this odyssey, and on how those factors have worked together through effective leadership to transform South Korea’s economic fortunes.

In 1998, the Korean economy experienced the deepest recession since the Korean War. Within a year a number of smaller industrial conglomerates had failed. In this study, Graham examines the causes of this situation, tracing them back to the aggressive industrial policy begun by president Park Chung-hee during the late 1960s. He also analyzes reforms undertaken since 1997, concluding that they have not been entirely successful.