South Korea's post World War II economic development trajectory is well known. From an impoverished warn‐torn nation, the country has progressed on all fronts. However, the objective is to focus on the “post‐development” question, namely, what does a country do after it becomes prosperous. To put it another way, what are some of the emergent challenges that successful development poses for Korea, and how might it tackle them. I use the concept of capitalist maturity to denote Korea's current state of prosperity and examine some of the economic, social, and political consequences. Some of these post‐development conundrums I argue have resulted from the transformation of Korea's state–business development partnership to a business–state political partnership in the context of a democratizing Korea. This paper examines the challenges and some of the policy options to address them, including the rebalancing of the state–business relationship.

中文翻译：

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资本主义的成熟与韩国的后发展难题

韩国在第二次世界大战后的经济发展轨迹是众所周知的。这个国家从一个贫穷而饱受摧残的国家发展到了各个方面。但是，目标是集中在“发展后”问题上，即一个国家在富裕之后做什么。换句话说，成功的发展给韩国带来了哪些新的挑战，以及如何应对这些挑战。我用资本主义成熟度的概念来表示韩国目前的繁荣状态，并考察一些经济，社会和政治后果。我认为，这些发展后难题中的一些是在朝鲜民主化的背景下将韩国的国家与企业发展伙伴关系转变为企业与国家政治伙伴关系的结果。