South Korea And Globalization Analysis

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Since South Korea joined the wave of globalization, it has benefited from the global market while being challenged by the impacts from outside, both socially and economically. During the late 20th century, Korea could hardly keep its “Miracle on Han”; in order to survive the competition with foreign goods that came with the economic globalization, Korean companies chose to exploit their workers more than ever. Yet what brought by the socio-cultural globalization was the awareness of democracy and human rights. Influenced by the trend of thought, workers began to fight for their rights.
The contrast between economic and socio-cultural globalization could even seem contrary, which can be seen in the case of foreign workers. As Moon points out,
…show more content…
For example, “Korean workers see more evil than good in globalization”(Kim, 260), given the increasing unemployment rate during financial crisis. In addition, even in the aspect of equal rights movement, it was not as promising as it seemed to be. Kim said in his analysis that “globalization has produced the paradoxical consequence ... by creating more democratic space for grassroots labor and women 's movements ... while at the same time reducing the welfare system as a drag on the state 's global competitiveness in the global marketplace and thus weakening the state 's capacity and willingness to provide a welfare safety net for the worst-off in society”(260-261). Therefore, the economic globalization, in a sense, impeded the sociocultural …show more content…
The ministry, which was fully supported by the government, received an average annual budget up to “102.1 billion Korean Won under the Kim Dae-jung government”(431) It created specialized teams and departments, such as the Game and Music Records Department and the Copyright Industry Team(430) to maximize the profit that could gained by the cultural industry.
At this moment, economic globalization and socio-cultural globalization were no longer totally in opposition since the latter one has already turned into a part of economic globalization. Nonetheless, the issue between human rights movements and exploitation of labor caused by socio-cultural globalization and economic globalization respectively still remains

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