Externally, the US and other advanced countries also pushed Korea government toward Neo-Liberalism. ... of the free market established the ideological dominance of Neo-Liberalism between the late 1980s and ... The Neo-Liberal forces began to consolidate from the late 1970s and the country’s industrial policy moved
Unlike what the reformers of the IMF and the DJ government argued, the post-crisis reform program to ... the Anglo-American system of corporate governance and finance was unfit for the traditional Korean economy ... system from the beginning, especially for the basis of ‘the state-banks-Chaebols nexus’.