After the Developmental State in South Korea

Compared to the previous model, the post-developmenta1 state in Korea is characterized by Uly free movement of capital, as evident in IMF and FT A, while state s role in the economy has been decreased. The present research, however, recognizes coordination failures in both state and market, which means that reforming social structures capable of supporting the synergy of growth and equity requires a fundamental relinking of development. The quantitative and qualitative analysis shows that the state variables are combined with the multifaceted role of the state and that the Korean experience blends the tensions between national goals of broadening participation and debunking existing authorities. The pitfalls of development can promote pluralism rather than incorporation, and 삼le post-developmental state needs to confront itself as a source of pressure for conformity to developmental approach.