The Economic Development of South Korea

The Economic Development of South Korea
Author: Seung-hun Chun
Publisher: Routledge
Total Pages: 460
Release: 2018-01-29
Genre: Business & Economics
ISBN: 1351215728

How did a country with a dearth of natural resources, a sprawling population congested in a limited arable land transform itself to a modern industrial state within a generation? How could these have been achieved given the lingering geopolitical threats to its very survival as a state, as evidenced by the Korean War and the internecine aggressive posturing of its neighbor from the north? This book looks at strategies, institutional arrangement, role of entrepreneurs and workers in this odyssey, and on how those factors have worked together through effective leadership to transform South Korea’s economic fortunes.

Doing Business 2018

Doing Business 2018
Author: World Bank
Publisher: World Bank Publications
Total Pages: 1217
Release: 2017-11-14
Genre: Business & Economics
ISBN: 1464811474

Fifteen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2018 measures aspects of regulation affecting 10 areas of everyday business activity: • Starting a business • Dealing with construction permits • Getting electricity • Registering property • Getting credit • Protecting minority investors • Paying taxes • Trading across borders • Enforcing contracts • Resolving insolvency These areas are included in the distance to frontier score and ease of doing business ranking. Doing Business also measures features of labor market regulation, which is not included in these two measures. The report updates all indicators as of June 1, 2017, ranks economies on their overall “ease of doing business†?, and analyzes reforms to business regulation †“ identifying which economies are strengthening their business environment the most. Doing Business illustrates how reforms in business regulations are being used to analyze economic outcomes for domestic entrepreneurs and for the wider economy. It is a flagship product produced in partnership by the World Bank Group that garners worldwide attention on regulatory barriers to entrepreneurship. More than 137 economies have used the Doing Business indicators to shape reform agendas and monitor improvements on the ground. In addition, the Doing Business data has generated over 2,182 articles in peer-reviewed academic journals since its inception. Data Notes; Distance to Frontier and Ease of Doing Business Ranking; and Summaries of Doing Business Reforms in 2016/17 can be downloaded separately from the Doing Business website.

Growth in a Time of Change

Growth in a Time of Change
Author: Hyeon-Wook Kim
Publisher: Brookings Institution Press
Total Pages: 376
Release: 2020-02-25
Genre: Business & Economics
ISBN: 0815737769

Growth in a Time of Change: Global and Country Perspectives on a New Agenda is the first of a two-book research project that addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy, focusing especially on technological transformation. The project is a collaboration between the Brookings Institution and the Korea Development Institute. Part I of the book looks at key elements of change from a global perspective. It analyzes how technological change, shifts in investment, and demographic transition are affecting potential economic growth globally and across major groups of economies. The contributors explore possible scenarios for the global economy as the digital revolution drives rapid technological change, including impacts on growth, jobs, income distribution, trade balances, and capital flows. Technology is changing the global configuration of comparative advantage and globalization increasingly has a digital dimension. The implications of these developments for the future of sectors such as manufacturing and for international trade are assessed. Part II of the book addresses new issues in the growth agenda from the perspective of an individual major economy: South Korea. The chapters in this section analyze how macroeconomic developments and technological change are influencing the behavior of households and firms in terms of their decisions to consume, save, and invest. Rising income and wealth inequalities are a major concern globally. Against this backdrop, trends in the labor income share and wage inequalities in South Korea are analyzed in terms of the role played by technology, industrial concentration, shifts in labor demand and supply, and other factors. Throughout the book, the contributors, in their analysis of both global and Korea-specific trends and prospects, place emphasis on drawing implications for policy.

International Trade and Economic Growth in the Korean Economy

International Trade and Economic Growth in the Korean Economy
Author: Shin-Haing Kim
Publisher: Cambridge Scholars Publishing
Total Pages: 521
Release: 2023-09-06
Genre: Business & Economics
ISBN: 152752535X

This book provides an insightful analysis of Korea's remarkable economic growth and the role of international trade in this process. The book traces the economic development of Korea, from being one of the poorest countries in the 1960s to becoming a global leader in high-tech industries. The authors analyze the changes in Korea's industrial structure and how they have shifted the economy from an agricultural-based to a manufacturing and high-tech industry. The book also provides a critical review of different theories and perspectives that explain Korea's rapid growth, including the role of R&D, technology spillover, and productivity. Additionally, the book explores the implications for developing countries seeking economic development and the need for technological innovation to sustain long-term growth. This book is a must-read for researchers, policymakers, and students interested in the Korean economy and the nexus between international trade and economic growth.

Korea as a Knowledge Economy

Korea as a Knowledge Economy
Author: Chung-hae S?
Publisher: World Bank Publications
Total Pages: 204
Release: 2007
Genre: Technology & Engineering
ISBN: 0821372025

Korea's development process offers valuable lessons for other developing and less developed economies. In particular, the way Korea uses outside technologies, by accumulating indigenous capabilities, is still valid in the era of the knowledge economy. This volume examines the Korean model and Korea's march toward a knowledge economy from a poverty-ridden economy before the launch of full-scale industrialization in the early 1960s. It also emphasizes Korea's achievements, as well as remaining tasks within the four pillars of the knowledge economy, with a common theme throughout -- how Korea has narrowed the gaps in its knowledge and institutions in global competition with world leaders.

Oxford Handbook of the International Relations of Asia

Oxford Handbook of the International Relations of Asia
Author: Saadia M. Pekkanen
Publisher: Oxford University Press, USA
Total Pages: 841
Release: 2014
Genre: Medical
ISBN: 0199916241

This Handbook examines the theory and practice of international relations in Asia. Building on an investigation of how various theoretical approaches to international relations can elucidate Asia's empirical realities, authors examine the foreign relations and policies of major countries or sets of countries.

The South Korean Economy

The South Korean Economy
Author: United States. Economic Cooperation Administration. Korea Program Division
Publisher:
Total Pages: 52
Release: 1949
Genre: Korea
ISBN:

The Korean Economy

The Korean Economy
Author: Il SaKong
Publisher: 한국개발연구원
Total Pages: 362
Release: 2010
Genre: Business & Economics
ISBN:

Reviews the evolution of economic growth and trends in social development during the period between 1948 and 2009.

OECD Economic Surveys: Korea 2018

OECD Economic Surveys: Korea 2018
Author: OECD
Publisher: OECD Publishing
Total Pages: 160
Release: 2018-06-20
Genre:
ISBN: 9264300821

Economic growth picked up in 2017, but reforms are needed to sustain Korea's convergence toward the income levels in the most advanced countries. Its labour productivity is 46% below the top half of OECD countries, reflecting problems in the service sector. In addition, productivity in small ...

The Korean Economy

The Korean Economy
Author: You-il Lee
Publisher: Routledge
Total Pages: 127
Release: 2019-05-01
Genre: Political Science
ISBN: 1351348248

The Korean Economy: From Growth to Maturity takes an in-depth, amalgamated look at the evolution of Korea’s globalization drive from the early 2000s (Kim Dae-jung regime, 1998–2003) to the present period (Park Geun-hye, 2013–2017). The book discusses the role of foreign companies on the sustainability of Korea’s economic growth, the relationship between the chaebol and the MNCs, the evolution of Korea's nation brand, and the role of the state in Korea’s new economic trajectory (globalization) since the 2000s. With data collected from fieldwork, the book provides both empirical and qualitative insights (economic, socio-cultural and political economic analysis) into the Korean political economy and would be a very useful reference to other emerging economies experiencing similar globalization paths.