Fleckenstein, Timo 
ORCID: 0000-0002-0154-7644 and Lee, Soohyun Christine
(2019)
The political economy of education and skills in South Korea: democratisation, liberalisation and education reform in comparative perspective.
Pacific Review, 32 (2).
168 - 187.
ISSN 0951-2748
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Abstract
The success story of Korean economic development is intimately linked with the so-called developmental state; and education policy, as part of centrally orchestrated industrial policy, played a critical role in the country's rapid industrialisation, which allowed for high employment rates, relatively modest social inequality and remarkable social mobility. However, the Korean success story has started to show ‘cracks’ – with labour market dualisation, rising inequality and ‘over-education’. While acknowledging the importance of the East Asian financial crisis as external shock for the Korean political economy, we suggest more fundamental problems in the socio-economic and socio-political underpinnings of the developmental state and its education and skills formation system for understanding how Korea's economic and education miracle turned into ‘education inflation’, skills mismatch and social polarisation.
| Item Type: | Article |
|---|---|
| Official URL: | https://www.tandfonline.com/toc/rpre20/current |
| Additional Information: | © 2018 Informa UK Limited |
| Divisions: | Social Policy |
| Subjects: | H Social Sciences > HB Economic Theory J Political Science > JC Political theory L Education > LB Theory and practice of education |
| Date Deposited: | 23 Apr 2018 11:04 |
| Last Modified: | 13 Sep 2024 13:14 |
| Funders: | British Academy, Korea Foundation |
| URI: | http://eprints.lse.ac.uk/id/eprint/87607 |
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