London Korean Links

Covering things Korean in London and beyond since 2006

LKL book database logo

Diseased Dirigisme: The Political Sources of Financial Policy toward Small Business in Korea

From the publisher’s website:

The financial and economic collapse of 1997 provoked serious reflection on South Korea’s development experience. This book offers a critique of how conventional analyses have interpreted Korean development by focusing on the problems of Korean dirigisme (state-led development) that led to the crisis. Korea’s dirigisme carried with it a flawed authoritarian rule that undermined the fruits of development by directing the development process without genuine and principled regard for the needs and lives of ordinary citizens. The problem this book examines lies at the intersection of two areas of discussion—development and the state—often carried out separately by different professional and academic groups.

Hun Joo Park is a professor of the KDI School of Public Policy and Management, Seoul.


1. Recasting Korean Dirigisme
2. The Dirigiste Institutions of Korean Finance
3. The Sword-Wŏn Nexus
4. The Yushin Coalition
5. When the Statist Coalition Changes
6. The Perspective of Small Business
7. Dirigiste Coalition Politics in Japan and Taiwan
8. The Financial Crisis and Its Aftermath

Entry on here.

* Where the book is available from a number of sources, they are prioritised as follows: (1) Amazon UK site, or for the more recent uploads (2) Amazon US site (3) Other sites in US or Europe, including second-hand outlets (4) LTI Korea, where the title is advertised as available from there (5) Onlines stores in Korea. Links to and Amazon UK site contain an affiliate code which, should you make a purchase, gives a small commission to LKL at no additional cost to you.