Strategy of high disjuncture
Economic disjuncture: economic crisis
– Korea encountered the Asian Financial crisis.
– The IMF intervened and applied a neoliberal policy package, disc
the preexisting developmental institutions, and demanding painfu
restructuring.
Political disjuncture: total succession of leadership
– In a midst of economic crisis, the opposition leader (Kim Dae Jun
presidential election.
– Previously excluded political groups were incorporated into the d
making process.
New decision-making structure
– The group previously on the periphery became invested in the pr
institutions where the preexisting power such as economic burea
stayed intact.
– Excluded were big business (chaebols) that were criticized as the
source of Korea’s economic problems.
– Empowered were the Small and Medium Business Agency(SMB
the Ministry of Commerce, Industry and Energy(MOCIE), a tradit
business supporter, and more importantly the Ministry of Informa
Communications(MIC), key player equipped with huge funds des
promote IT-related policy.
Convention