Welfare States and Global Financial Crises. The Case of South Korea

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Title: Welfare States and Global Financial Crises. The Case of South Korea
Authors: Bae, Jiyoung
Thesis advisor: Prof. Dr. Roland Czada
Thesis referee: Prof. em. Dr. György Széll
Abstract: This thesis deals mainly with the question how and to what extent the 1997 Asian financial crisis influenced the unprecedented development of the welfare system in South Korea while other Asian countries remained or diminished their welfare programs. This research explains the historical development of the South Korean welfare system, which has been entwined with political and economic conditions in the theoretical approach of the path dependence. This research proved that the 1997 crisis was a critical juncture, which explains how unprecedented welfare policy reforms were achieved and that the character of the South Korean welfare system has improved. While the IMF and the World Bank required the reforms and expansion of social safety net as a bailout condition, the political leadership of South Korea was changed by President Kim Dae-Jung, which made possible opening progressive policymaking and decision processes in reform politics to extend the national welfare system, particularly four social insurance systems and the public assistance. Given these occasions, the character of the South Korean welfare system has transferred from the liberal welfare-state regime to the conservative.
URL: https://osnadocs.ub.uni-osnabrueck.de/handle/urn:nbn:de:gbv:700-2017120716389
Subject Keywords: welfare state; financial crisis
Issue Date: 7-Dec-2017
Type of publication: Dissertation oder Habilitation [doctoralThesis]
Appears in Collections:FB01 - E-Dissertationen

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