한국의 금융정치: 권위주의정부 하에서 시장지향적인 금융개혁의 한계
The Financial Politics in South Korea: The Limits of a Market-Oriented Financial Reform under an Authoritarian Regime
0
조회
0
다운로드
0
인용
0
참고문헌
키워드
초록
이 연구는 왜 소위‘강한’권위주의 국가가 대기업들에 대한 통제를 유지하면서 금융체계의 시장지향적인 개혁(금융자유화)을 달성하지 못하였는가라는 수수께끼에 대한 해답을 제시할 것이다. 권위주의정부 하에서는 경제적으로 합리적이기 보다 정치적으로 합리적인 금융정책 선택이 국내 금융자유화의 과정에 제동을 걸었다. 여기에 관련된 정치적 이익은 경제조정을 위한 경제비용과 정권안보를 위한 정치적 비용을 동시에 해결할 목적으로 대기업에 대한 국가의 금융통제를 복원하는 것이었다. 국가와 대기업 사이의 권력관계의 변화, 다시 말해서 대기업에 대한 정부의 통제능력의 약화는 금융체계를 자유화하거나 정치화하는 데에 영향을 크게 미쳤다. 사례분석의 결과로 볼 때에, 한국의 전두환 정부는 금융자유화를 향한 개혁에 실패하여 국가통제 하의 정치화된 금융체계에 의존하는 정경유착을 기반으로 하는 국가－대기업의 지배연합으로 되돌아갔다.
Abstract
This study is to solve the puzzle of why the so-called ‘strong’ authoritarian state failed to achieve a market-oriented reform of financial system(domestic financial liberalization) by restricting big business dominance. Politically rational financial policy choices under the authoritarian regime had greatly affected the process of domestic financial liberalization. The involved political interests were to recover the state's financial power over big business firms with a view toward solving both economic costs for economic adjustment and political costs for regime security. Fluctuating power relationships between the state and big business had greatly influenced the process of liberalizing and then politicizing the financial system. Thus, the authoritarian government failed to realize the financial reform and returned to a collusive state-big business governing coalition by means of a politicized financial system.
참고문헌 (27)
- Campbell, "Collapse of an Industry; Nuclear Power and the Contradictions of U" (1988), Cornell University Press
- Choi, "Quasi-Taxes on Jaebols and Behind the Scenes of Privileges" (1988)
- Cole,David C, "and Yung Chul Park" (1983), Harvard University Press
- Gilpin, "The Politics of Transnational Economic Relations" (1972), Harvard University Press
- Haggard,Stephan, "The Political Economy of the Asian Financial Crisis" (2000), Washington, DC: Institute for International Economics
- Haggard, Stephan, "Institutions and Economic Policy: Theory and a Korean Case study" (1990)
- Haggard, "The Politics of Finance in Developing Countries" (1993), Cornell University Press
- Haggard, Stephan, "The Political Economy of Financial Internationalization in the Developing World" (1996)
- Hall,Peter A, ".Governing the Economy:The politics of State lntervention in Britain and France" (1986), Oxford University Press
- Ikenberry, "An Institutional Approach to American Foreign Economic Policy" (1988)
- Ikenberry, "Reasons of State Oil Politics and the Capacities of American Government" (1988), Cornell University Press
- Ikenberry, "The Irony of State Strength Comparative Responses to the Oil Shock" (1986)
- Kim, "Economic Development and Financial Liberalization in Korea" (1985)
- Kim, "The Making of Korean Society The Role of the State in the Republic of Korea" (1987), Brown university
- Kim, "A Study of the Phenomenon of Business Groups in Korea" (1945), Harvard University
- in Korean, "Collection of Documents and Study Reports related to Economic Stabilization Policies" (1981)
- Kwon, "The Inside Story in the Disposals of Financially Weak Firms" (1988)
- Maxfield,Sylvia, ".Governing Capital:International Finance and Mexican Politics" (1990), Cornell University Press
- National Assembly Records, "Special Hearings on the Ilhae Foundation" (1989)
- ".Opening Financial Markets:Banking Politics on the Pacific Rim" (1988), Cornell University Press
- "The Politics of the Asian Economic Crisis" (1999), Ithaca: Cornell University Press
- Robison,Richard, "Politics and Markets in the Wake of the Asian Crisis" (2000), London: Routledge
- "Financial Politics in Contemporary Japan" (1989), Cornell University Press
- "Business Concentration as a Result of the Disposals of Financially Weak Firms" (1986)
- Thurbon, Elizabeth, "Ideational Inconsistency and Institutional Incapacity: Why Financial Liberalization in South Korea Went Horribly Wrong" (2003), New Political Economy
- Woo,Jung-en, ".Race to the Swift:State and Finance in Korean Industrialization" (1991), Columbia University Press
- John, "Financial Systems and the Politics of Industrial Change" (1983), Cornell University Press