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Kicking the Dog: Korea's Bureaucratic Resistance to Globalization in Reaction to Democratization |
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Abstract:
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This paper raises the issue of Korea’s bureaucratic responsibility for its economic troubles in the 1990s. Korean bureaucrats kept their passive posture to strong political initiative in economic reform. The bureaucratic attitude is contradictory to the common conception of Korea’s bureaucracy: professional and corporate-minded. Its consequences, on the other hand, were inimical to Korea’s safe economic reform to meet with globalization. Bureaucratic policy mistakes triggered Korea’s declining economic credibility, invited foreign speculative attacks on Korea’s financial market, and finally drove the economy to a financial crisis.
Why did the once highly-performing institution suddenly deteriorate in the 1990s? This paper attends to the rapidly decreasing deferred compensation, or post-retirement jobs for bureaucrats in public or private firms. Previously, the second career opportunities provided Korean bureaucrats with a strong incentive for job performance while government pay was low. Competition for promotion or specialty, in an expectation of a lucrative post-retirement job, entailed Korea’s high bureaucratic capability. In the 1990s, however, Korea’s rapid democratization destabilized deferred compensation both quantitatively and qualitatively. First, new political elites encroached on the bureaucratic turfs in public firms and the pie for bureaucrats shrank as much. Second, aggravating regionalism drove bureaucrats to corruption when regional considerations were prioritized in deferred compensation as well as in promotion.
The declining bureaucratic capability driven by decreasing deferred compensation well demonstrates Korea’s structural dilemma between political and economic liberalization in the 1990s. Korea’s top-down financial reform required active and efficient policy agents whereas its rapid democratization was discouraging them with decreasing compensation. |
Most Common Document Word Stems:
korea (117), polit (91), econom (89), bureaucrat (81), financi (74), polici (69), compens (56), govern (54), democrat (46), crisi (43), economi (43), privat (41), bank (40), korean (39), reform (36), defer (35), firm (34), state (33), 1990s (31), two (30), perform (29), |
Author's Keywords:
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deferred compensation, economic reform, democratization, korea, bureaucratic capabillity |
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Association:
Name: American Political Science Association URL: http://www.apsanet.org
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Citation:
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MLA Citation:
| Kim, Dongryul. "Kicking the Dog: Korea's Bureaucratic Resistance to Globalization in Reaction to Democratization" Paper presented at the annual meeting of the American Political Science Association, Marriott Wardman Park, Omni Shoreham, Washington Hilton, Washington, DC, Sep 01, 2005 <Not Available>. 2011-03-14 <http://www.allacademic.com/meta/p42478_index.html> |
APA Citation:
| Kim, D. , 2005-09-01 "Kicking the Dog: Korea's Bureaucratic Resistance to Globalization in Reaction to Democratization" Paper presented at the annual meeting of the American Political Science Association, Marriott Wardman Park, Omni Shoreham, Washington Hilton, Washington, DC Online <PDF>. 2011-03-14 from http://www.allacademic.com/meta/p42478_index.html |
Publication Type: Conference Paper/Unpublished Manuscript Review Method: Peer Reviewed Abstract: This paper raises the issue of Korea’s bureaucratic responsibility for its economic troubles in the 1990s. Korean bureaucrats kept their passive posture to strong political initiative in economic reform. The bureaucratic attitude is contradictory to the common conception of Korea’s bureaucracy: professional and corporate-minded. Its consequences, on the other hand, were inimical to Korea’s safe economic reform to meet with globalization. Bureaucratic policy mistakes triggered Korea’s declining economic credibility, invited foreign speculative attacks on Korea’s financial market, and finally drove the economy to a financial crisis.
Why did the once highly-performing institution suddenly deteriorate in the 1990s? This paper attends to the rapidly decreasing deferred compensation, or post-retirement jobs for bureaucrats in public or private firms. Previously, the second career opportunities provided Korean bureaucrats with a strong incentive for job performance while government pay was low. Competition for promotion or specialty, in an expectation of a lucrative post-retirement job, entailed Korea’s high bureaucratic capability. In the 1990s, however, Korea’s rapid democratization destabilized deferred compensation both quantitatively and qualitatively. First, new political elites encroached on the bureaucratic turfs in public firms and the pie for bureaucrats shrank as much. Second, aggravating regionalism drove bureaucrats to corruption when regional considerations were prioritized in deferred compensation as well as in promotion.
The declining bureaucratic capability driven by decreasing deferred compensation well demonstrates Korea’s structural dilemma between political and economic liberalization in the 1990s. Korea’s top-down financial reform required active and efficient policy agents whereas its rapid democratization was discouraging them with decreasing compensation. |
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| Document Type: |
PDF |
| Page count: |
30 |
| Word count: |
8872 |
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| Kicking the Ball: Korea’s Bureaucratic Resistance to Globalization in Reaction to Democratization Paper to be presented at the 101st Annual Meeting of the American Political Science Association September 1-4 Washington D.C. Dongryul Kim University of Virginia Charlottesville VA 22902 Seven years have passed since the Korean economy was engulfed by the 1997 Asian Financial Crisis. Numerous books and papers have paid attention to the extraordinarily sharp downturn of the once highly-performing economy providing various diagnoses on its origins developments |
| Government Public Public Private Private (Expected) Deferred Salary Salary Service Salary Service Compensation (absolute) (absolute) (years) (relative to (years) government ) 1960s 100 128 12.1 103 12.5 450 1970s 100 128 8.9 127 9.3 454 1980s 100 128 7.7 158 5.2 433 1990s 100 128 3.9 172 6.5 253 30 |
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Political and Policy Dynamics of Higher Education Governance and Finance Reform: The Shaping of the First State Postsecondary Education Voucher System
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