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The Transformations of the Developmental State into the Post-Developmental State: Focusing on Experiences of South Korea, Japan, and Taiwan

Yoon, Sang-Woo 1

1동아대학교

Accredited

ABSTRACT

This study aims to examine the transformations of the developmental state into the post-developmental state, and to identify diverse trajectories and distinctive features of the post-developmental states in the East Asian Capitalism. Especially, this study focuses on experiences of South Korea, Japan, and Taiwan which were considered as core countries adopting the developmental state model actively and achieving economic development successfully. Major research findings are as follows. First, since globalization, the transformative path of the post-developmental state in East Asia has differed from country to country. While South Korea and Japan have tried to dismantle the developmental state model and turned into neoliberal model, Taiwan has maintained the developmental state model basically despite of some decline and modification. Second, even though some national variations, convergence tendency into neoliberalism was founded obviously in the East Asian development models. Third, nevertheless, because institutional inertia of old developmental state remained and affected more or less to development model, the post-developmental states in East Asia have revealed hybrid forms and distinctive features. For example, Korea's model since the post-developmental state would be characterized as the 'developmental neoliberalism.' Fourth, developmental and interventionist policies under Korea and Japan's neoliberalism and Taiwan's developmental state have almost failed to achieve the desired results and positive performances. Fifth, as the East Asian countries shifted into neoliberal economy, all of them have suffered from increasing income inequality and social polarization.

Citation status

* References for papers published after 2023 are currently being built.