Korea S Developmental Alliance

This book investigates the political dynamics of economic development in Korea and argues that the key to understanding Korean developentalism is to focus on the changing dynamics of the relationship between the state and the chaebols.

This text investigates the political dynamics of economic development in Korea and argues that the key to understanding Korean developmentalism is to focus on the changing dynamics of the relationship between the state and the chaebols.

A comprehensive look at the role of history, economics, security, threat perception, and domestic politics in the South Korea-United States alliance.

South Korea is often cited as a case of miraculous transformation from poverty to prosperity. Korea’s achievement of moving from one of the world’s poorest countries as recently as the early 1960s to the ranks of the ten biggest economies only four decades later has rightly attracted interest from policymakers and scholars alike. This book identifies the factors that shaped relations between the state and big business in Korea, the ‘developmental alliance’. These factors offer a cogent framework in which to identify and predict changes in power relations between government and business. Rather than merely offering a means of explaining the rapid-growth phase of Korean development, the politics of the developmental alliance also help us understand how and why the Korean miracle turned to crisis in 1997 and why the subsequent recovery has been so uneven. In this way, the book highlights the political power of business, which is often underplayed in discussions of the development of Korea. It also sheds light on the constraints on policymakers during modernisation, and how power is shared among a small number of powerful parties. Illustrating the tumultuous politics of the ‘developmental alliance’ between business and government during the rise and decline of South Korea’s economic miracle, this book is an essential read for anyone interested in Korean politcs, economics and development,

How can the United States and South Korea best co-operate to address new security challenges? Can the US-ROK alliance serve to advance South Korea's interests and at the same time help the US to more effectively pursue its own global and regional security objectives? In the context of these questions, the authors explore the possibilities for enhanced co-operation in both traditional and non-traditional spheres.

In contrast to previous studies of the South Korea-United States alliance, Uk Heo and Terence Roehrig analyze the bigger picture, including the history, economics, security, alliance structure, politics, and the future of the alliance. Taking alliance theory as a starting point, the authors argue that the alliance provides an ideal case study to examine how the political development and economic growth of junior partners impact an alliance. As South Korea's capabilities and ambitions have grown, the alliance has evolved from an asymmetric regional security relationship to an economic partnership with global interests, while China's rise and North Korea's nuclear development mean that South Korea remains of strategic importance for American interests in East Asia. This book will be read both as a major contribution to Korean studies and the study of alliance politics and theory.

Against the backdrop of China’s mounting influence and North Korea’s growing nuclear capability and expanding missile arsenal, South Korea faces a set of strategic choices that will shape its economic prospects and national security. In South Korea at the Crossroads, Scott A. Snyder examines the trajectory of fifty years of South Korean foreign policy and offers predictions—and a prescription—for the future. Pairing a historical perspective with a shrewd understanding of today’s political landscape, Snyder contends that South Korea’s best strategy remains investing in a robust alliance with the United States. Snyder begins with South Korea’s effort in the 1960s to offset the risk of abandonment by the United States during the Vietnam War and the subsequent crisis in the alliance during the 1970s. A series of shifts in South Korean foreign relations followed: the “Nordpolitik” engagement with the Soviet Union and China at the end of the Cold War; Kim Dae Jung’s “Sunshine Policy,” designed to bring North Korea into the international community; “trustpolitik,” which sought to foster diplomacy with North Korea and Japan; and changes in South Korea’s relationship with the United States. Despite its rise as a leader in international financial, development, and climate-change forums, South Korea will likely still require the commitment of the United States to guarantee its security. Although China is a tempting option, Snyder argues that only the United States is both credible and capable in this role. South Korea remains vulnerable relative to other regional powers in northeast Asia despite its rising profile as a middle power, and it must balance the contradiction of desirable autonomy and necessary alliance.

This analysis of South Korea's development experience can present lessons for development in the 21st century. Situating the development experience of South Korea within the framework of the capability enhancing state, this volume examines the empowering institutions and policies of South Korea between 1945 and 2000.