The proposed research looks at how the state has boosted land and housing development and has used that opportunity to facilitate the primitive accumulation of capital in the context of a developing country.
The project is based on the assumption that land and housing policies open a venue for the primitive accumulation of capital at the early stage of late industrialisation. The project aims to illustrate this point using a case study of South Korea during the 1970s, a decade during which the country experienced rapid industrialisation.
Staff member: Hyun Bang Shin, in collaboration with Jung Won Sonn, University College London
Project period: January 2010 - present
Funding: Staff Research Fund
Sonn, J. W. and Shin, H. B. (in progress) Developmental state with Gangnam style: Land dispossession and capital accumulation in a late industrial context