1. How important was the role of industrial 'skilled' workers in Korea's economic miracle under Park chung-hee? What strategies did Korea use to develop and nurture industrial workers? Can the emergence of industrial workers class in the Park period explain the dual labour market with regular and irregular workers in Korea? 2. How can the emergence of corporate conglomerates (also known as 'chaebol') be explained by Park Chung-hee's industrialization policy? *3. What do you understand by the term 'crony capitalism' or 'money politics'? How is that related to the economic concept of 'rent seeking'? Is 'crony capitalism' only confined to Korea and Asian countries? Discuss. 4. Why are many Koreans unhappy despite a rapid economic development leading to high living standards? Discuss

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1 Role of Skilled Workers in Koreas Economic Miracle Skilled workers played a crucial role in Koreas economic miracle under Park Chunghee Their expert... View the full answer