This book investigates the political dynamics of economic development in Korea and argues that the key to understanding Korean developentalism is to focus on the changing dynamics of the relationship between the state and the chaebols.

David Hundt is Lecturer in International Relations at Deakin University, Australia.

Introduction: The developmental alliance and Korean Development 1. Korea in the Political Economy Literature 2. The Dynamics of the Developmental Alliance 3. Priming for Takeoff 4. Forming the Developmental Alliance 5. The Developmental Alliance in Flux 6. Re-aligning the Alliance 7. The Alliance in Retrospect