Suchergebnisse

When and why does government seek to introduce and strengthen the regulation of big business corporations, and when does government withdraw the regulation? In answering these questions, this study examines the ebb and flow of regulatory policy, which may be called a "regulatory tide." This study focuses on the effect of crucial political and economic changes such as presidential elections and economic recession. We propose that political changes tend to enforce the government and the ruling party to strengthen regulatory policy on business corporations. Economic forces tend to press the goevernment and ruling party to weaken regulatory policy and, in turn, regulatory policy tends to alternate strengthening and weakening periods. These propositions are examined using Korean regulatory policies on business conglomerations during 1980-2002.

Although successive administrations in Korea have generally worked effectively in pursuing the goals of national development, each has shown a varying degree of success in achieving their missions and tasks and there were significant variations admong the administrations. While the Park and Chun Governments were successful, the Kim Young Sam and Kim Dae Jung governments were criticized for being inadequate. these variations among the regimes call for a new analytical framework to analyze and evaluate the successive administrations which have managed the state agenda for national development at different stages. This paper first develops a new analytical framework, based upon Lee Yoolgok's three-stage development model, which can be used for the analysis of changing governance schemes for different stages of development; Secon, it applies the new analytical framework to the Korean case to see if it can be used to evaluate the effectiveness of the governance schemes since the park administration; Third, the paper makes some normative suggestions to help develop the governance capability of the current government.