IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-62670-6_3.html
   My bibliography  Save this book chapter

International Competitiveness and the Shifting Contours between State and Corporate Power

In: Newly Industrialising Economies and International Competitiveness

Author

Listed:
  • Doo-Jin Kim
  • Young-Chan Kim

Abstract

This chapter provides a discussion of the relationship between international competitiveness and the shifting contours between state and corporate power through a case study of Korean state-corporate power in terms of so-called chaebol governance. The chapter explores how the nature of industry has transformed state-corporate power relations. This will also investigate the question as to why Korean big business can be regarded as a political power rather than as a mere market agent. The chapter shows how Korean corporate power has emerged as the countervailing force against Korean state power. The first section provides a preliminary review of government-industry relations in the context of international competitiveness. The second section examines the shifting rationale of the relationship between the Korean government and the private sector. The third section comprises an account of why Korean state-corporate power relations have shifted significantly compared to the Japanese case. The chapter concludes by suggesting that under the pressure of globalisation, market power mainly originated by the Korean private sector gradually gives rise to economic power as well as political power in relation to public authority or state power.

Suggested Citation

  • Doo-Jin Kim & Young-Chan Kim, 2006. "International Competitiveness and the Shifting Contours between State and Corporate Power," Palgrave Macmillan Books, in: Newly Industrialising Economies and International Competitiveness, chapter 3, pages 52-79, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-62670-6_3
    DOI: 10.1057/9780230626706_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-62670-6_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.