ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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South Korea-Return of the General

gain by the political, bureaucratic and militaiy elites and for ever-rising levels of consumption by a relatively thin top layer of the population, In relation to these particular objectives, maximisation of exports, as prescribed by the World Bank, makes perfect sense, especially in the context of a domestic market severely circirmscribed by the poverty of the large mass of the people. The inflow of foreign capital in different forms is similarly essential to the domestic oligarchies' pursuit of surplus extraction and is, therefore, to be fostered as required by the World Bank.

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