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📖 The Scoop

By the mid-1980s, Korea's economic and political situation was becoming volatile. Labor relations were especially contentious. The Strains of Economic Growth, a collaborative research project between the Harvard Institute for International Development and the Korea Development Institute provides an analytic history of the economic causes of the labor unrest and popular discontent of the late 1980s. Set against rapid increases in wages and employment, worker dissatisfaction is traced to patterns of income inequality and to non-pecuniary dimensions of working life, including the suppression of labor organizations. The desire for greater political freedom also played an important role in the unprecedented unrest of this period.

The conclusions of this volume are essential for understanding the labor struggles that continue in Korea today and are highly relevant for policy makers from other emerging economies that wish to benefit from both the successes and failures of Korea's experience.

Genre: Business & Economics / Economic Conditions (fancy, right?)

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