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The Political Economy of Development and Environment in by Jae-Yong Chung

By Jae-Yong Chung

This publication seems to be at Korea's financial, social and spatial improvement strategies from the early Modernisation interval to the monetary situation of 1997. It specializes in the political and ideological keep an eye on of the country throughout the developmental period, in addition to the environmental difficulties of Korea, and examines how society and surroundings were used as skill to realize fast accumulation. delivering an holistic method of Korean improvement, this name permits a finished view of Korea's monetary miracle in addition to its fresh difficulties.

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The theories of the state considered here involve heterogeneous explanations of the principles of state intervention in capitalist development. Every thesis has its limits in conceptualising the relations between the state and capitalist development. However, a most common shortcoming lies in the lack of a comprehensive economic development theory that incorporates the explanation of state reformation within the political, economic and social changes of the long-term restructuring of capitalism.

332). 37). 1 shows the regulationists’ conceptual structure of capitalist economic formation, and the institutional forms that are identified as central to the capitalist mode of production (Boyer 1990a, 1990b): 11 1 2 3 4 5 11 11 forms of monetary constraint; configurations of the wage relation; mode of competition; position within the international regime; the character and role of the state. 1 also shows a sixth institutional form, the structuration of spatial form and the crises arising from environmental problems.

Rather, the pattern which results is one of uneven development. 89–90). O’Connor (1989) examines the environmental impact of uneven development through the transfer of commodities between developed and underdeveloped regions; he sees environmental problems as resulting from the universal process of capital valorisation. For him, uneven development produces two distinct but related environmental effects: on the one hand there is pollution of the developed areas; on the other, depletion of natural resources occurs in the underdeveloped zones.

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