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Analysis of Developmental Chronology of South Korean Compressed Growth as a Reference from Sustainable Development Perspectives

Sea Jin Kim, Woo-Kyun Lee, Jun Young Ahn, Wona Lee and Soo Jeong Lee
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Sea Jin Kim: Department of Environmental Science and Ecological Engineering, Korea University, Seoul 02841, Korea
Woo-Kyun Lee: Department of Environmental Science and Ecological Engineering, Korea University, Seoul 02841, Korea
Jun Young Ahn: Research & Development Division, Hyundai Motor Group, Hwaseong-si, Gyeonggi-do 18280, Korea
Wona Lee: Center for Climate Technology Cooperation, Green Technology Center Korea (GTC), Seoul 04554, Korea
Soo Jeong Lee: GHG Mitigation Research Team, Greenhouse Gas Inventory and Research Center of Korea, Seoul 03186, Korea

Sustainability, 2021, vol. 13, issue 4, 1-22

Abstract: Global challenges including overpopulation, climate change, and income inequality have increased, and a demand for sustainability has emerged. Decision-making for sustainable development is multifaceted and interlinked, owing to the diverse interests of different stakeholders and political conflicts. Analysing a situation from all social, political, environmental, and economic perspectives is necessary to achieve balanced growth and facilitate sustainable development. South Korea was among the poorest countries following the Korean War; however, it has developed rapidly since 1955. This growth was not limited to economic development alone, and the chronology of South Korean development may serve as a reference for development in other countries. Here, we explore the compressed growth of South Korea using a narrative approach and time-series, comparative, and spatial analyses. Developmental indicators, along with the modern history of South Korea, are introduced to explain the reasons for compressed growth. The development of the mid-latitude region comprising 46 countries in this study, where nearly half of Earth’s population resides, was compared with that of South Korea; results show that the developmental chronology of South Korea can serve as a reference for national development in this region.

Keywords: compressed development; South Korea; reference analysis; mid-latitude region; sustainable development (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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