The Pathway to an ‘Economic Miracle’

Kim Woo-Jin
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Kim Woo-Jin: Korea Housing Institute

Chapter 2 in Economic Growth, Low Income and Housing in South Korea, 1997, pp 15-37 from Palgrave Macmillan

Abstract: Abstract Korea was liberated and, at the same time, partitioned in 1945, just after the end of the Second World War. Five years later, the Korean War broke out, devastating the process of development. Destitution was not confined to a minority group. The whole country suffered from famine. Henceforth, economic growth was seen as of primary importance. Huge resources and energy have since concentrated on economic growth.

Keywords: Economic Growth; Korean Government; Land Reform; Domestic Saving; Military Government (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25079-0_2

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DOI: 10.1007/978-1-349-25079-0_2

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