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. Examining South Korea's
transformation during the early years of the 21st century, New
Millenium South Korea will be of interest to anthropologists,
economists and sociologists, as well as students and scholars of
Korean Studies.
General
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