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Essay / Research Paper Abstract
A 5 page examination of why South Korea has managed to achieve long-term economic success while other Asian countries have floundered. The author contends that South Korea was successful both because of the mindset of its population and because of the fact that the war had destroyed the built-in constraints that continued to exist in other countries. Bibliography lists 2 sources.
Page Count:
5 pages (~225 words per page)
File: AM2_PPkorGlb.rtf
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Unformatted sample text from the term paper:
The impacts of globalization on non-Western countries has been diverse to say the least. Some countries have prospered as a result of globalization but others have suffered.
The determining factor in this equation seems to include not just the intensity of the Western pressure that is exerted but also the modern state machinery and the techniques of
planning and mass production that were employed to enable the specific country to catch up with the levels of material output, education, and social well being that is sufficient to
meet the expectations of the Western world. While some non-Western countries achieved temporary success, most shortly afterward plummeted into either stagnation or outright disaster. South Korea, however, was
the exception to this phenomena. She succeeded while others failed. Globalization is particularly important in its economic impacts. Hoogvelt (148) writes
that it "restructures relations between state and capital", that "the state becomes a vehicle for transmitting the global market discipline to the domestic economy". That transmission frequently comes with
adverse impacts to culture and lifeways. Hoogvelt (153) suggests that we visualize the emerging governance of these countries as a "complex process which institutionalizes structural power through the widespread
adoption of cultural values and legitimating ideology". Globalization entails the introduction of ideas and practices that are not always homogenous to
the traditions and lifeways of non-Western countries. The reaction of these countries vary significantly. The way different political bodies and regimes react to globalization is rooted in post
World War II history. After World War II economists began to theorize that the solution to undeveloped economies was structural in nature. They believed that implementing a development
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