INTL DV 110 Lecture 6: l-6
30 Mar 2021
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Document Summary
Praised as the 20th c success story and paradigmatic model for other countries. John lie is challenging idea that sk"s development is replicable. Through centralized economic planning, top down protectionist policies, Through economic nationalism: growth first , popular ascrice about national security ( export or death , loyalty to the country through export ) Park chung hee: loyalty = fight against communism. Political: generate legitimacy for contested rule and authoritarian repression. Class: pro capital, anti labor (ideologically, materially, institutionally) Encourage the domestic manufacturing base to produce for export to foreign markets: Asian nic development wa achieved by rooting industrial base in world economy (mcmichael) Provide tax incentives and credit for firms willing to manufacture for export. Take advantage of comparative advantage: cheap labor . About integration into global economy (not protection from it) Korea didn"t have a lot of resources so it didn"t gather attention from other countries -> not victim of resource using.
