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Economic Crisis, Felony, and Criminal Policy: The Case of Korea, 1997-2007

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  • Kim Duol

    (Korea Development Institute)

  • Kim Jee Eun

    (Korea Development Institute)

Abstract

Since the 1997 financial crisis in Korea, the incidence of felonies such as murder, robbery, arson, and rape has doubled. We found that the Korean government has not taken adequate countermeasures against the crime-inducing environments, which contributed to the growth of felonies. Resource input in the policing has been virtually stagnant since 1997. The court has not raised the punishment level for compensating the lower investment in the policing. Despite the emphasis on rehabilitation in the correction, repeat offenders have led the growth of felonies. In order to prevent further aggravation of social safety, it is crucial to invest more resources into criminal policies and to enhance policy effectiveness.

Suggested Citation

  • Kim Duol & Kim Jee Eun, 2010. "Economic Crisis, Felony, and Criminal Policy: The Case of Korea, 1997-2007," Asian Journal of Law and Economics, De Gruyter, vol. 1(1), pages 1-34, July.
    • Handle: RePEc:bpj:ajlecn:v:1:y:2010:i:1:n:5
    DOI: 10.2202/2154-4611.1002
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    References listed on IDEAS

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