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368257

Export Oriented Industrialization and Democratization in South Korea

Article

Last updated: 28 Dec 2024

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Tags

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Abstract

The export-oriented industrialization (EOI) policy of South Korea has achieved a considerable success. Driven mainly by exports, the economic growth of South Korea succeeded in transferring it from an impoverished war-torn nation to a prosperous one. The aim of this study is to answer the following research question: to what extent did EOI policies affect South Korea's economic development and democratization? The study argues that the EOI was the not only the main driver of South Korea's progress - through achieving trade balance, economic and industrialization development- but it also boosted the democratization process in South Korea. While employing the assumptions of the economic neoliberal theory, the study examines the effect of EOI policies on economic development and democratization in South Korea during the last decade. In doing this, the study shall explain the challenges to South Korea's economic development and democratization as well as offer some policy alternatives to tackle them.

DOI

10.21608/sis.2024.292178.1157

Keywords

South Korea, Export Oriented Industrialization؛ Democratization, Neoliberalism

Authors

First Name

Yasmin

Last Name

Khodary

MiddleName

-

Affiliation

El-Shrouk- Suez Road

Email

yasmin.khodary@bue.edu.eg

City

Cairo

Orcid

-

First Name

Sohila

Last Name

Sayed Ibrahim

MiddleName

-

Affiliation

The British University in Egypt

Email

sohila203412@bue.edu.eg

City

Cairo

Orcid

-

Volume

8

Article Issue

14

Related Issue

48209

Issue Date

2024-04-01

Receive Date

2024-04-01

Publish Date

2024-04-10

Page Start

14

Page End

45

Print ISSN

2735-4253

Online ISSN

2735-4261

Link

https://sis.journals.ekb.eg/article_368257.html

Detail API

https://sis.journals.ekb.eg/service?article_code=368257

Order

23

Type

الأبحاث العلمية الأصيلة

Type Code

1,797

Publication Type

Journal

Publication Title

آفاق آسيوية

Publication Link

https://sis.journals.ekb.eg/

MainTitle

Export Oriented Industrialization and Democratization in South Korea

Details

Type

Article

Created At

28 Dec 2024