英文摘要 |
In the past four years, South Korea's economic performance has been the most impressive among the Asian countries outside Mainland China. However only eight years ago, South Korea underwent financial crisis and pleaded IMF for aid. The goal of this article is to explore why Kim Dae Jung's reform policy succeeded and why Kim Young Sam's failed? We argue that since Kim Dae Jung became the president of South Korea in February 1998, two policy agenda were proposed. On the one hand, he drew aid from International Monetary Fund to reform the country's economic structure. On the other hand, he went beyond traditional bureaucracy and established an independent organization to carry out political reform. We conclude that the primary reasons of Kim Dae June's success are as follow. First, he did not go through traditional bureaucratic channels. Second, he established a new monitoring system. As a result, Kim's reforms fundamentally reshaped South Korea's political and economic institutions established by Park Chung Hee. We believe Kim's reforms are of great importance in South Korea's impressive economic growth. |