After-Development Dynamics: South Korea's Contemporary Engagement with Asia

Name: After-Development Dynamics: South Korea's Contemporary Engagement with Asia
Brand: Atlantic Books
SKU: 9780198729433
Price: 17376.0 INR
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by Anthony P. D'Costa

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ISBN13: 9780198729433
Binding: Hardcover
Subject: N/A
Publisher: Oxford University Press (UK)
Publisher Imprint: Oxford University Press (UK)
Publication Date: September 30, 2015
Pages: 308
Original Price: USD 160.0
Language: English
Edition: N/A
Item Weight: 749 grams
BISAC Subject(s): Development / Economic Development

About The Book

The South Korean economic development trajectory has been widely studied and is well understood. From an impoverished war-torn nation, the country has progressed on all fronts, including a ten-fold increase in per capita income over a 40 year period. It stands out internationally when it comes to education and politically it has moved away from authoritarianism to a more spirited democratic system. In short, it seems to have achieved it all. The question then is, what does a country do after it has attained development?

This volume examines Korea's strategic engagement with Asia as a response to the limits of the home market. Access to new markets and resources in Asia through exports and foreign investment are critical. Additionally, with Korea's ongoing demographic crisis, its engagement with foreign workers is also inevitable. After-Development Dynamics explores how Korea is responding through regional integration, strategic industrial upgrading of exports, foreign markets and resources, and coping with migrants, including unskilled workers, students, and professionals. The transfer of Korean business and employment practices through investment to other countries and accommodating foreigners is not trouble-free. Further, prosperity imposes demands for increased social welfare, while the workings of contemporary global capitalism introduce new sources of inequality. Sharing that prosperity with small firms, irregular workers, and women becomes critical. This volume presents the key internal challenges facing Korean society and suggests multiple ways to address them as a related response to Korea's after-development prosperity.

About The Author

Anthony P. D'Costa, Chair and Professor of Contemporary Indian Studies, Australia India Institute, University of Melbourne

Anthony D'Costa has published on the political economy of development, global capitalism, and industrial restructuring using the steel, auto, and IT sectors. In 2012 his edited books Transformation and Development: The Political Economy of Transition in India and China (with A. Bagchi) and Globalization and Economic Nationalism in Asia were published by OUP. He has held several fellowships, including Fulbright-Hays, Korea Foundation, Abe, and POSCO at the East West Center. He teaches at the University of Melbourne and has taught at the University of Washington, Copenhagen Business School, and the National University of Singapore.

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