New millennium South Korea
Subtitle: neoliberal capitalism and transnational movements
By: edited by Jesook Song.
Contributors: Song, Jesook, 1969-
Series: Routledge advances in Korean studies -- 20
Publisher: Routledge
Published: 2010
Place of publication: Milton Park, Abingdon, Oxon, [England]; New York
Language: eng
Number of pages: 164
ISBN-13: 9780415582650; 9780203843895
Subjects: Capitalism -- Korea (South); Neoliberalism -- Korea (South); Korea (South) -- Economic conditions -- 1988-; Korea (South) -- Economic policy -- 1988-
Description: Despite the common held belief that Asian nations have displayed anti-market tendencies of under-consumption and export-oriented trade since the Asian financial crisis, in the 10 years since the crisis, South Korea has bucked this trend accruing a higher debt rate than the US. This groundbreaking collection of essays addresses questions such as how did the open market policies and restructuring processes implemented during the Asian financial crisis magnify the consumption and debt level in South Korea to such an extent? What is the impact of these financial changes on the daily lives of people in different cultural and socio-economic groups? In examining these questions the authors provide valuable insight into the rise of financial capitalism, transnational mobility and the implications of neoliberal governing tactics following the Asian Financial Crisis.
Notes: Includes bibliographical references and index.