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After-Development DynamicsSouth Korea's Contemporary Engagement with Asia$
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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

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South Korea’s green growth strategy and East Asia’s new developmentalism

South Korea’s green growth strategy and East Asia’s new developmentalism

(p.45) 3 South Korea’s green growth strategy and East Asia’s new developmentalism
After-Development Dynamics

Christopher M. Dent

Oxford University Press

This chapter critically examines Korea’s green growth strategy (GGS) launched in 2009 in the context of East Asia’s “new developmentalism” based on higher prioritization for lower carbon development and a reinvigoration of state capacity in the region. This regional focus on energy issues is crucial to understanding Korea’s GGS, which today is integral to development from hereon. Like most other East Asian countries, South Korea’s contemporary economic development has been very energy-intensive, import-dependent, and based on rapid and resource-hungry industrialization. It has been also acknowledged to be unsustainable, costly, prone to various energy security risks, and increasing middle-class intolerance. This chapter shows that Korea’s GGS is considered to be at the forefront of a wider regional trend of new low carbon development strategies. The chapter relies on the renewable energy sector to illustrate the long-standing green growth approach in Korea and the region.

Keywords:   green growth, renewable energy, developmental state, low carbon development, regional energy strategy, East Asia

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