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Korean Journal of Policy Studies
Graduate School of Public Administration, Seoul National University

Korean J. Policy Stud. 2017; 32(3):29-51

pISSN: 1225-5017, eISSN: 2765-2807

DOI: https://doi.org/10.52372/kjps32302

Article

Business Associations and the Developmental State in Korea The Case of the Machinery Industry in the 1960 and 1970s*

Seok-Jin Eom1, Jae-Young Choi2
1The corresponding author, Seok-Jin Eom is an associate professor in the Graduate School of Public Administration at Seoul National University. Email : sjum21@snu.ac.kr.
2Jae-Young Choi is the secretary General in National Economic Advisory Council in Korea. Email : jaychoisw@naver.com.

© Copyright 2017 Graduate School of Public Administration, Seoul National University. This is an Open-Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/4.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

Received: Jul 17, 2017; Revised: Jul 24, 2017; Revised: Oct 22, 2017; Accepted: Oct 25, 2017

Published Online: Dec 31, 2017

Abstract

This research examines a way the Korean developmental state achieved a synergy between state and society for industrial development: business associations. In the machinery industry, a business association was involved in formulating industrial policy for promoting the machinery industry and in implementing policy programs such as the prohibition of the import of machinery made in foreign countries. The association also functioned as a channel through which information relevant to the industry was provided to government. The association had a professional staff and an internal governance structure that helped prevented rent seeking and encouraged synergy between public and private sector.

Keywords: business associations; developmental state; industrial policy; Korean economic growth in the 1960 and 1970s