본문 바로가기
  • Home

The Characteristics of IMF Economic Crisis as a National Crisis

  • Crisisonomy
  • Abbr : KRCEM
  • 2015, 11(1), pp.145-177
  • Publisher : Crisis and Emergency Management: Theory and Praxis
  • Research Area : Social Science > Public Policy > Public Policy in general

Jeongmi Baek 1

1연세대학교

Accredited

ABSTRACT

IMF economic crisis is a major turning point to distinguish the South Korea Society. Country can be defined as a Nation, Superstructure, Ruling blocks, Cohesion of social relation, Bureaucracy and legal system, Government, and Country Chief Manager. According to the definition of Country, the content, the method of explanation, and the objectives of crisis are different. First, IMF economic crisis can be seen as the National crisis, because it bring about the weakening of the external autonomy. Second, IMF economic crisis is the crisis of the Superstructure. Since there are change of capitalism-from the state monopoly capitalism to neo-liberalism, change of ideology-from development to liberty and equity, and change of the recognition of democracy. Third, IMF economic crisis is the crisis of Ruling class coalition in that it bring the conflicts within and between ruling classes. Forth, IMF economic crisis is the crisis of the Social relation cohesiveness. Because it bring about the social deviance, social conflict, and finally weakening of trust. Fifth, the bureaucracy institution is changed because of IMF economic crisis. Sixth, IMF economic crisis is obviously failure of government. Finally, IMF economic crisis leads to regime change.

Citation status

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

This paper was written with support from the National Research Foundation of Korea.