South Korean Media Industry in the 1990s and the Economic Crisis
Медиаиндустрия Южной Кореи в 1990-е годы и экономический кризис
2002-01-01
SCID: 54.1/sb8q4n87
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Korean economic crisisKorean economic developmentSouth Korean media industrychaebolstate policy
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Abstract (AI)
This paper examines the changes in the Korean media industry with reference to the Korean economic crisis in the 1990s as Korean big business, or chaebol, previously unconcerned with the media industry, expanded into that sector.Given the conventional close relationship between the state and big business in Korean economic development, this new business strategy had implications for state policy.
Key Findings
1
Chaebol entry into media affected state policy because of the established close relationship between the Korean state and big business.
2
Korean chaebol conglomerates, previously largely uninvolved in media, expanded into the sector during this period.
3
The Korean economic crisis of the 1990s coincided with significant changes in the country’s media industry.
4
The media industry’s transformation reflected broader shifts in Korean economic development and state–business relations.
Research Object
South Korean media industry in the 1990s
Research Subject
Changes in the media industry and the implications of chaebol expansion for state policy during the Korean economic crisis
Publication Details
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2002-01-01
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