Jump to ContentJump to Main Navigation
After-Development DynamicsSouth Korea's Contemporary Engagement with Asia$
Users without a subscription are not able to see the full content.

Anthony P. D'Costa

Print publication date: 2015

Print ISBN-13: 9780198729433

Published to Oxford Scholarship Online: November 2015

DOI: 10.1093/acprof:oso/9780198729433.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 27 November 2020

What’s next after development?

What’s next after development?

Some policy directions for Korea

Chapter:
(p.263) 14 What’s next after development?
Source:
After-Development Dynamics
Author(s):

Sang-Woo Nam

Anthony P. D’Costa

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198729433.003.0014

This concluding chapter first summarizes some of the key issues facing South Korea on the external front in its engagement with Asia. Second, it focuses on the domestic economy to underscore the importance of several outstanding and emergent internal challenges that external engagement alone is unlikely to resolve. The after-development phase is challenging but seriously needs engagement. It needs to ensure growth in a soft global economy, address inequality and share prosperity by regulating chaebols, support small and medium enterprises (SMEs) and irregular workers, and pursue better income distribution and social welfare, especially for women and the elderly to make it easier for them to enter and remain in the workforce. The chapter ends with an epilogue by briefly examining whether Korea is likely to experience a Japanese type long-term recession and what might be some of the implications of Korean unification on after-development dynamics.

Keywords:   emergent internal challenges, global growth, chaebols, SMEs, income distribution, social welfare, irregular workers, the elderly, Korean unification, women

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .