Economic Development of South Korea

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Economic Development of South Korea

From Poverty to a Modern Industrial State

Development economics and emerging economies Economic history Manufacturing industries

Author: Seung-hun Chun

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Collection: Routledge Studies in the Modern World Economy

Language: English

Published by: Routledge

Published on: 29th January 2018

Format: LCP-protected ePub

Size: 3 Mb

ISBN: 9781351215725


How did a country with a dearth of natural resources, a sprawling population congested in a limited arable land transform itself to a modern industrial state within a generation? How could these have been achieved given the lingering geopolitical threats to its very survival as a state, as evidenced by the Korean War and the internecine aggressive posturing of its neighbor from the north?

This book looks at strategies, institutional arrangement, role of entrepreneurs and workers in this odyssey, and on how those factors have worked together through effective leadership to transform South Korea’s economic fortunes.

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