The current research attempts to identify the underlying causes of Korea's economic development. It assumes that Korea's successful economic growth is attributed to the state's ability to supervise a triple non-alliance interaction between its bureaucrats, domestic capital, and foreign capital. Substantiating this proposition implies dual objectives. The first is at the theoretical level. The research seeks to consolidate the concept of the triple non-alliance (TNA) interaction. And the second is at the analytical level. It attempts to relate the TNA to Korea's economic performance.