Grinberg, N. (2016b). From the financial crisis to the next eleven: limits and contradictions in the Korean process of capital accumulation. Journal of the Asia Pacific Economy, 21(1), 1–25.
ABSTRACT This paper examines the South Korean economic crisis of 1997-1998 and the subsequent recovery. For this, it first analyses the specific characteristics and longterm development of the process capital accumulation there. The paper claims that, as in the rest of East Asia, capital accumulation in Korea has, since the mid-1960s, revolved around the production … Read more