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The Park Chung Hee era : the transformation of South Korea
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 Heeʹs 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 Koreaʹs 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 governmentʹs 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. -- Publisher description
Type of material - proceedings
; adult, serious
Edition - 1st Harvard University Press paperback ed.
Publication and manufacture - Cambridge, MA ; London : Harvard University Press, 2013
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