The aim of this paper is to clarify how the mode of development characterized by developmentalist dictatorship functioned during the period from early 1960s to mid 1980s in Korea. For this purpose, we try to present a comprehensive interpretation of t...
The aim of this paper is to clarify how the mode of development characterized by developmentalist dictatorship functioned during the period from early 1960s to mid 1980s in Korea. For this purpose, we try to present a comprehensive interpretation of this mode of development by using two major regulationist terms, accumulation regime and mode of regulation, and by being based on discussions already made, especially under developmentalist State approach. On the one hand, the accumulation regime, defined here as a macro-economic mechanism of growth ensuring both an long-term stable growth and meaningful structural changes, is materialized as borrowing-exporting economy-based one. On the other hand, the mode of regulation, considered here as an ensemble of micro-economic behavioral norms and social procedures ensuring exact functioning of mode of accumulation, is characterized as on of developmentalist dictatorship that we can consider as an extreme form of developmentalist State or State regulation. Our main preoccupation is to demonstrate the way of articulation between diverse elements of macroeconomic mechanism of growth and those of governmental procedures of regulation, by taking particular attention on their logical and practical coherence. It is therefore natural not to find here an analysis on contradictions of this mode of development and its eventual crisis.