Start Consolidating democracy in south korea

Consolidating democracy in south korea

In November four of the five federal agencies charged with enacting this rule jointly put forward a 298-page proposal which is, in the words of a banker publicly supportive of Dodd-Frank, “unintelligible any way you read it”.

Byung-Kook Kim is professor of Political Science at Korea University and a former member of the Presidential Commission on Policy Planning.

His major publications include Dynamics of National Division and Revolution: The Political Economy of Korea and Mexico; State, Region, and International System: Change and Continuity; and Korean Politics.

The cost of filling it out, according to an informal survey of hedge-fund managers, will be $100,000-150,000 for each firm the first time it does it.

After having done it once, those costs might drop to $40,000 in every later year. But their bureaucratic task is but one example of the demands for fees and paperwork with which Dodd-Frank will blanket a vast segment of America's economy.

Larry Diamond is Larry Diamond is senior research fellow at the Hoover Institution and codirector of the National Endowment for Democracy's International Forum for Democratic Studies at the National Endowment for Democracy.

His most recent book is Developing Democracy: Toward Consolidation.

"This book sheds light on the dilemmas, tensions, and contradictions arising from democratic consolidation in Korea.

The authors explore the turbulent features of Korean democracy in its first decade, assess the progress that has been made, and identify the key social, cultural, and political obstacles to effective and stable democratic governance."--Jacket.

The authors explore the turbulent features of Korean democracy in its first decade, assess the progress that has been made, and identify the key social, cultural, and political obstacles to effective and stable democratic governance." Title Summary field provided by Blackwell North America, Inc.

Since its inception in 1987, Korean democracy has been an arean of continual drama and baffling contradictions, periodic waves of societal mobilization and disenchantment; initial continuity in political leadership followed by the successive election to the presidency of two former opposition leaders and the arrest of two former heads of state; a constant stream of party renaming and realignments; an extended period of economic success and then a breathtaking economic collapse; and a persistent quest for political reform within a political culture focused not on institutions but on power and personal relationships.

Politicians and officials responsible for Dodd-Frank are upbeat about their progress and the system's prospects, at least when speaking publicly.