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Inequality and the Crisis of Democracy: The Case of South Korea in Global Perspective
5 March 2018 | 12:00–13:30 | Room 505, Esther Lee Building, CUHK
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Speaker
Prof. Yun Tae Kim
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Director, Social Policy Center, Public Policy Institute, Korea University
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Moderator
Prof. Anthony Y. H. Fung
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Co-Director, HKIAPS
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Prof. Kim analysed the main causes and processes of growing inequality by examining structural changes, the role of agencies, and the political institutional arrangements of Korea, with reference to advanced industrial countries. He pointed out that globalization and technological change would have an impact on growing inequality, as they weaken the traditional manufacturing and agricultural sectors, and ignore employment relations as well as labour relations.
Prof. Kim then focused the discussion on the power relations between the government and trade unions, and on the effects of redistribution mechanisms and socio-political institutions. He argued that inequality in Korea is the social and political consequence of an imbalance of power relations between rich and poor. He pointed in particular to the weakening of trade unions combined with labour market flexibility and incapacitated social policies on redistribution. Nearly forty scholars, researchers, and students attended the seminar.
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