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Affective Networks, Social Capital, and Modernity in Korea

In: The Korean Economic Developmental Path

Author

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  • Mi-Hye Chang
  • Tae-Eun Kim

Abstract

In the previous chapter, the focus was placed on the psychological effect of Confucianism in Korea. This chapter and the following chapters pay greater attention to distinctive features of Korean society. One of the seeming anomalies of this otherwise rapid and apparently thorough transition to modernity in Korea is the continued presence of strong “affective networks” (綠逸閭痢, yuangu guanxi in Chinese, yŏn’go kwankye in Korean). Indeed, one of the most striking characteristics of modern Korean society is the intricately webbed nexus among state/nonstate and official/nonofficial sectors. As was clearly revealed during the Asian financial crisis of 1997, many hitherto successful Asian economies, including that of South Korea, were characterized by strong state—business ties and business-to-business ties, which went beyond the kind usually found in modern capitalist economies.

Suggested Citation

  • Mi-Hye Chang & Tae-Eun Kim, 2013. "Affective Networks, Social Capital, and Modernity in Korea," Palgrave Macmillan Books, in: Seok-Choon Lew (ed.), The Korean Economic Developmental Path, chapter 0, pages 49-73, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-34729-9_3
    DOI: 10.1057/9781137347299_3
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    Cited by:

    1. Sadia Nadeem & Neelab Kayani, 2019. "Sifarish: Understanding the Ethical Versus Unethical Use of Network-Based Hiring in Pakistan," Journal of Business Ethics, Springer, vol. 158(4), pages 969-982, September.
    2. Martin Hemmert, 2019. "The relevance of inter-personal ties and inter-organizational tie strength for outcomes of research collaborations in South Korea," Asia Pacific Journal of Management, Springer, vol. 36(2), pages 373-393, June.

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