Korea’s Path of Development in Retrospect

Jong-Dae Park ()
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Jong-Dae Park: Embassy of the Republic of Korea

Chapter Chapter 7 in Re-Inventing Africa’s Development, 2019, pp 177-205 from Springer

Abstract: Abstract Here, the case of Korea’s development is examined applying the same ‘building-block’ approach. This chapter scrutinizes Korea’s evolution in a time-linear and multi-dimensional fashion, taking us through its historical background, liberation and state-building, and its ‘economic miracle’ period and beyond. The author then recaps the overall achievements of South Korea and presents the ‘schematic itinerary of Korea’s development’ which epitomizes Korea’s path of economic and socio-political transformation. A key feature of Korea’s development is described in terms of compressed development both in the economic and socio-political realms.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-03946-2_7

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DOI: 10.1007/978-3-030-03946-2_7

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