model explains the Republic of Korea's rise, fall, and recovery. Korea was a poor country until the early 1960s, during the … time when spiritualism (Yang) dominated. From the 1960s through the 1980s, Korea achieved rapid growth by finding a new … contributed significantly to the financial crisis in 1997. As Korea arrived at a new balance by instituting reform programs, the …

The aim of this paper is to clarify the kind of capitalist society that is emerging in South Korea. To keep the … political arrangements have changed during South Korea’s catch-up process and what others could learn from it. Using a … capitalism in East Asia in general and in South Korea in particular have changed during the differ-ent stages of the economic …