Abstract
Globalization is becoming a very important motive for the transformative role of the state in developed and developing societies. Whether prompted by the internal failure of the developmental state or by external pressures from international institutions, economic globalization has resulted in significant changes in the roles and capacities of the state. The state is adapting to the globalizing economy, rather than directly conflicting with the globalization process. Although the Korean state, to some extent, will continue to play a role in social transformation, the nature of the state has shifted away from the old-style of the developmental state that guides and directs domestic private business in the strategic industrial areas. Thus the economic consequence of the changing role of the state has resulted in a collaborationist alliance between the state and big business.
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