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Developmental capitalism and industr...

Fields, Karl James.

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Developmental capitalism and industrial organization: Business groups and the state in Korea and Taiwan.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Developmental capitalism and industrial organization: Business groups and the state in Korea and Taiwan./
Author:	Fields, Karl James.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 1990,
Description:	308 p.
Notes:	Source: Dissertations Abstracts International, Volume: 53-03, Section: A.
Contained By:	Dissertations Abstracts International53-03A.
Subject:	Political science. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9126556

Developmental capitalism and industrial organization: Business groups and the state in Korea and Taiwan.
Fields, Karl James.

Developmental capitalism and industrial organization: Business groups and the state in Korea and Taiwan. - Ann Arbor : ProQuest Dissertations & Theses, 1990 - 308 p.

Source: Dissertations Abstracts International, Volume: 53-03, Section: A.

Thesis (Ph.D.)--University of California, Berkeley, 1990.

This item must not be sold to any third party vendors.

This dissertation analyzes the private, large-scale business groups in the capitalist developmental states of South Korea and Taiwan in terms of their organizational structure, relationship to the state, sources of finance and trading networks. While huge business conglomerates (chaebol) have emerged and flourished in Korea, Taiwan's version of the business group (guanxi qiye) is markedly different from its Korean counterpart in terms of scale, concentration, control of its own trade and government connections. Although the chaebol and guanxi qiye are both embedded in environments simultaneously structured by market incentives, interventionist state policies and familial cultural norms, the historical circumstances, situational imperatives and state ideologies shaping these influences vary substantially. Since the early 1960s, the Korean state has been composed of a tightly-organized, like-minded group of military and civilian political leaders and technocrats oriented toward the well-defined and non-ideological goal of rapid economic growth. Although this state policy achieved the desired objective of unprecedented rapid economic growth, the social and political costs of this strategy have forced the state to revise its industrial policy while at the same time facing an increasingly powerful and autonomous big business sector. In Taiwan on the other hand, state ideology, historical experience and political necessity converged, prompting the transplanted minority Nationalist regime to adopt an industrial policy and create an institutional framework designed to, above all, maintain price stability and prevent the concentration of private economic power. Not surprisingly, this policy has greatly restricted the scale, concentration and influence of Taiwan's business groups. However, this less aggressive policy created an environment in which traditional socio-cultural norms and institutions have exerted greater influence in shaping the development and organization of the business groups. As the economic limitations of this conservative policy have become more apparent, conflicts over appropriate policy both within the state and between the state and the business groups have undercut the internal coherence and autonomy of the state and its capacity and will to curtail the growth of the business groups. (Abstract shortened with permission of author.).Subjects--Topical Terms:

528916
Political science.
Subjects--Index Terms:

China

Developmental capitalism and industrial organization: Business groups and the state in Korea and Taiwan.
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100 1 $a Fields, Karl James. $3 3548141
245 1 0 $a Developmental capitalism and industrial organization: Business groups and the state in Korea and Taiwan.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 1990
300 $a 308 p.
500 $a Source: Dissertations Abstracts International, Volume: 53-03, Section: A.
500 $a Publisher info.: Dissertation/Thesis.
500 $a Advisor: Johnson, Chalmers.
502 $a Thesis (Ph.D.)--University of California, Berkeley, 1990.
506 $a This item must not be sold to any third party vendors.
506 $a This item must not be added to any third party search indexes.
520 $a This dissertation analyzes the private, large-scale business groups in the capitalist developmental states of South Korea and Taiwan in terms of their organizational structure, relationship to the state, sources of finance and trading networks. While huge business conglomerates (chaebol) have emerged and flourished in Korea, Taiwan's version of the business group (guanxi qiye) is markedly different from its Korean counterpart in terms of scale, concentration, control of its own trade and government connections. Although the chaebol and guanxi qiye are both embedded in environments simultaneously structured by market incentives, interventionist state policies and familial cultural norms, the historical circumstances, situational imperatives and state ideologies shaping these influences vary substantially. Since the early 1960s, the Korean state has been composed of a tightly-organized, like-minded group of military and civilian political leaders and technocrats oriented toward the well-defined and non-ideological goal of rapid economic growth. Although this state policy achieved the desired objective of unprecedented rapid economic growth, the social and political costs of this strategy have forced the state to revise its industrial policy while at the same time facing an increasingly powerful and autonomous big business sector. In Taiwan on the other hand, state ideology, historical experience and political necessity converged, prompting the transplanted minority Nationalist regime to adopt an industrial policy and create an institutional framework designed to, above all, maintain price stability and prevent the concentration of private economic power. Not surprisingly, this policy has greatly restricted the scale, concentration and influence of Taiwan's business groups. However, this less aggressive policy created an environment in which traditional socio-cultural norms and institutions have exerted greater influence in shaping the development and organization of the business groups. As the economic limitations of this conservative policy have become more apparent, conflicts over appropriate policy both within the state and between the state and the business groups have undercut the internal coherence and autonomy of the state and its capacity and will to curtail the growth of the business groups. (Abstract shortened with permission of author.).
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