Neoliberalism and Economic Democratization: The Discursive Impact of the Understanding of the Asian Financial Crisis
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This paper examines the lingering influence of the dominant interpretation of the Asian financial crisis on the debates on economic democratization. In the process of the discursive construction of the Asian financial crisis, based on the crony capitalism argument of the International Monetary Fund, the Kim Dae Jung government succeeded in associating neoliberal economic restructuring with democratization. President Kim Dae Jung’s discourse justified neoliberal economic institutional change in the name of the parallel development of democracy and the market economy, significantly influencing the way economic democratization has been understood in Korea.
Abstract
This paper examines the lingering influence of the dominant interpretation of the Asian financial crisis on the debates on economic democratization. In the process of the discursive construction of the Asian financial crisis, based on the crony capitalism argument of the International Monetary Fund, the Kim Dae Jung government succeeded in associating neoliberal economic restructuring with democratization. President Kim Dae Jung’s discourse justified neoliberal economic institutional change in the name of the parallel development of democracy and the market economy, significantly influencing the way economic democratization has been understood in Korea.
참고문헌 (60)
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