This article examines the three most contentious issues regarding the origins of and the solutions to the current Korean crisis--namely, financial liberalization, industrial policy, and corporate governance. The authors argue that it was the dismantling of the traditional mechanisms of...

The paper criticises the currently dominant neo-liberal discourse on the role of the state and proposes an alternative approach that will allow us to overcome its shortcomings, especially its inadequate analyses of the role of institutions and politics. It argues that the central problem with...

This article provides a critical survey of the literature on the economics and politics of regulation. After some conceptual clarifications, the article surveys the evolution of perspectives on regulation during the post-Second World War period, emphasizing especially the interactions between...

The article aims to provide some additional empirical support and theoretical consolidation for the emerging 'alternative' interpretation of the Korean developmental experience, which emphasizes the role of the state. After briefly reviewing some mainstream interpretations, it presents a...