The phenomena to be explained : three turning points in South Korea's modern history -- An analytical framework for understanding South Korea's transition -- Leading up to South Korea's first transition : the crisis of 1960-61 -- Initiating South Korea's transition, 1961-1979 -- The political economy of the democratic transition -- Democratic economic management in the pre-crisis Korea : democracy with limited pluralism, 1987-1997 -- The 1997 financial crisis : causes and subsequent reform -- The politics of economic policy under Rob Moo Hyun, 2003-2008.