The Rule of Law in South Korea

by Mo, Jongryn; Brady, David W.

• ISBN13: 9780817948924
• ISBN10: 0817948929
• Format: Paperback
• Copyright: 2010-12-01
• Publisher: Hoover Institution Press

Summary

South Korea-and all of East Asia-has come a long way in developing democracy and a free market economy, but weak legal systems cloud its economic and political future. Corruption pervades every part of daily life, and in many parts of East Asia the rule of law is deteriorating. In this book, a group of expert contributors examine the challenges of fully implementing the rule of law in South Korea's fledgling democracy and market economy. The contributors detail the obstacles that must be overcome, such as corruption in politics and corporate governance and a deep-rooted cultural indifference to the rights of the individual, and offer suggestions on what can-and what should not-be done.

Author Biography

Jongryn Mo is a research fellow at the Hoover Institution and a professor of international political economy at the Graduate School of International Studies at Yonsei University in Seoul, South Korea. David W. Brady is deputy director and Davies Family Senior Fellow at the Hoover Institution. He is also the Bowen H. and Janice Arthur McCoy Professor of Political Science and Leadership Values in the Stanford Graduate School of Business and a professor of political science in the School of Humanities and Sciences at the university.

Table of Contents

Preface	p. vii
Introduction: The Elusive Goal of the Rule of Law in South Korea	p. xi
The Constitution Should Not Be Tampered With	p. 1
Uneasy About Rule of Law: Reconciling Constitutionalism and ôParticipatory Democracyö	p. 23
The Two Tales of the Korean Presidency: Imperial but Imperiled Presidency	p. 61
How Does Democracy Reduce Money Politics? Competition versus the Rule of Law	p. 83
The Formulation of the Rule of Law in Corporate Governance	p. 117
The Rule of Law and Competition Policy in Korea: Transition from a Developmental State to a Market Economy	p. 145
Institutionalizing Property Rights in Korean Capitalism: A Case Study on the Listing of Samsung Life	p. 159
Contributors	p. 189
Index	p. 193
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