Sociocultural Factors in the Industrialization of Korea

Bon Ho Koo

Chapter 9 in Social Capability and Long-Term Economic Growth, 1995, pp 181-202 from Palgrave Macmillan

Abstract: Abstract The Republic of Korea is one of the four Asian newly industrializing economies (NIEs), which are distinguished from most other developing countries by their remarkable growth during the past three decades (the other three NIEs are Singapore, Hong Kong and Taiwan). Among the NIEs, Korea stands out because of its large population and gross national product (GNP), which contribute to its technological advantages and more sophisticated industrial structure.

Keywords: Direct Foreign Investment; Gross Domestic Product; Business Sector; Korean Government; Gross National Product (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-13512-7_9

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DOI: 10.1007/978-1-349-13512-7_9

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