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Political response to economic crisis in 1997 and 2008 South Korea

In: Economic Crises and Policy Regimes

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  • Hyug Baeg Im

Abstract

In this innovative book, Hideko Magara brings together an expert team to explore both the possibilities and difficulties of transitioning from a neoliberal policy regime to an alternative regime through drastic policy innovations. The authors argue that, for more than two decades, citizens in developed countries have witnessed massive job losses, lowered wages, slow economic growth and widening inequality under a neoliberal policy regime that has placed heavy constraints on policy choices.

Suggested Citation

  • Hyug Baeg Im, 2014. "Political response to economic crisis in 1997 and 2008 South Korea," Chapters, in: Hideko Magara (ed.), Economic Crises and Policy Regimes, chapter 8, pages 217-239, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15547_8
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