This paper explores the origins, development and socio-economic structure of the growth paradigm in South Korea (hereafter Korea). For this purpose, it runs as follows. First, it examines how the growth paradigm was born and created with the development of capitalism. More concretely, it looks into how the concepts of ‘growth’ and ‘development’ are coined and sophisticated. Second, it examines the origins of the growth paradigm in Korea. In particular, it deals with how the concepts of ‘growth’ and ‘development’ are introduced and applied in Korea.
Third, it shows how the growth paradigm was created and developed in Korea. In particular, it illustrates how the growth paradigm combined first with developmentalism and then with neoliberalism in order to understand the history of Korean growth paradigm. Finally, it examines the socio-economic basis as well as the uniqueness of the growth paradigm in Korea, thereby illuminating where its hegemony comes from.