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The Park Chung Hee Era - The Transformation of South Korea (Paperback)
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The Park Chung Hee Era - The Transformation of South Korea (Paperback)
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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.
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