The Political Economy of Neo-modernisation Rethinking the Dynamics o

‘It is of great value to complement the limitations of contemporary mainstream economic growth discourse by exploiting the complex relations between technology, development, and inequality, while concurrently providing a better academic orientation in the

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Seung Jin Baek

The Political Economy of Neo-modernisation “It is of great value to complement the limitations of contemporary mainstream economic growth discourse by exploiting the complex relations between technology, development and inequality.” —Hak-Su Kim, Former Under-Secretary-General of the United Nations “How will the fourth industrial revolution change the process of economic development? Baek’s bold attempt to answer this question by integrating the theory of the technology S-curve with various nation’s developmental processes is arguably a novel approach.” —Yu-Sang Chang, Chaired Professor of Gachon Centre of Convergence Research “The theoretical strategy to present the inter-dynamic relationship between technological changes and inequality evolution by stages of economic development is innovative in explaining the root causes of developmental trajectories that are different for each country.” —Mohamed El Moctar Mohamed El Hacene, Director of the United Nations Economic and Social Commission for Western Asia “Baek’s book fizzes with original ideas and arguments that will resonate with anyone struggling to reconcile the collective aspirations embodied in the SDGs with the complex and chaotic reality of contemporary global development dynamics.” —James Copestake, Professor of International Development at the University of Bath

Seung Jin Baek

The Political Economy of Neo-modernisation Rethinking the Dynamics of Technology, Development and Inequality

Seung Jin Baek United Nations Economic and Social Commission for Western Asia Beirut, Lebanon

ISBN 978-3-319-91393-3    ISBN 978-3-319-91394-0 (eBook) https://doi.org/10.1007/978-3-319-91394-0 Library of Congress Control Number: 2018943806 © The Editor(s) (if applicable) and The Author(s) 2018 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: Greenshoots Comm