Korean economic development : an interpretive model

Bibliographic Information

Korean economic development : an interpretive model

Paul W. Kuznets

Praeger, c1994

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Note

Bibliography: p. [157]-169

Includes index

Description and Table of Contents

Description

Kuznets focuses on the four key characteristics of South Korean economic development since the mid-1960s: relatively high investment rates, labor market competition, export orientation, and a strong, interventionist government. He uses an informal model to simplify the complex relations that underlie Korea's outstanding growth and also assesses the relevance of the model for other countries. The work is designed to be read by non-specialists, in that no prior knowledge of Korea has been assumed. The work concentrates on economic issues, and policy choices are of particular interest. References are made to English-language literature on economic development in general and on Korean development in particular.

Table of Contents

Foreword The Model The Record High Investment Rates Labor Growth and Absorption Export Expansion Developmentalist State Summary and Conclusion Bibliography Index

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