The Colonial Origins of Korean Enterprise
By (author) Dennis L. McNamara
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Colonial Origins of Korean Enterprise by Dennis L. McNamara
Book DescriptionSouth Korean conglomerates, or 'chaebol,' such as Hyundai and Samsung, play a far more important role in the Korean economy than do comparable large firms in the US and Japanese economies. Despite the importance of the chaebol to the rapid postwar development of the Korean economy, little has been written about their origins during the Japanese occupation. Through case studies of local ownership in major financial, commercial, and industrial ventures, this book provides a detailed picture of indigenous capitalism during Japanese colonization. Drawing on Japanese government sources, Korean biographies and diaries, interviews and US intelligence material, the author gives a compelling account of key personalities in the Korean business elite and of the personal dilemmas of balancing nationalism against success under dependent, colonial conditions. The author concludes that dependent rather than comprador capitalism characterized leading Korean businesses through 1945. Patterns of concentration within family enterprises, close ties with the colonial state, and mutual support among a Korean inner circle of business leaders constitute a legacy of the colonial period important to the subsequent development of Korean conglomerates.
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Book DetailsISBN: 9780521032087
(228mm x 152mm x 13mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 2-Nov-2006
Country of Publication: United Kingdom
Books By Author Dennis L. McNamara
Market and Society in Korea, Hardback (April 2002)
A comprehensive review of the past and present of a leading sector, this volume offers a new interpretation of society and market in South Korea. Drawing insights from the new economic sociology, this study sheds new light on social systems of production in the "South Korean miracle".
Corporatism and Korean Capitalism, Hardback (June 1999)
This book employs corporatist theory to examine the Korean experience of state-business ties. It includes theoretical chapters on Asian and Korean corporatism and case studies of agriculture, industry and industrial relations.
Trade and Transformation in Korea, 1876-1945, Paperback (September 1998)» View all books by Dennis L. McNamara
A study of the social and economic history of late-19th- and early-20th-century colonial Korea. The author argues that transformation within and trade abroad (led by rice exports) spurred Korea's shift from isolation to inclusion in a modern regional system.
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