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Desarrollo económico de Corea del Sur: (1953-1997)
[Economic development of South Korea: (1953-1997)]

Author

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  • Barón Ortegón, Brayan Alexander

Abstract

In this work, a historical recount is made, decade by decade, of the main milestones and policies that allowed South Korea to achieve its economic development in the second half of the 20th century (1953-1997), how did South Korea achieve it? We will see that, in the initial stages of this process, the Korean State played a vital role, by fostering certain strategic sectors and implementing a set of pragmatic economic policies, depending on the specific circumstances and economic conjuncture. All these public policies and efforts of the private sector had as consequence the creation of a modern and diversified economic structure. The Korean society always had in mind one target: to maximize the economic growth of South Korea.

Suggested Citation

  • Barón Ortegón, Brayan Alexander, 2014. "Desarrollo económico de Corea del Sur: (1953-1997) [Economic development of South Korea: (1953-1997)]," MPRA Paper 87993, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:87993
    as

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    File URL: https://mpra.ub.uni-muenchen.de/87993/1/MPRA_paper_87993.pdf
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    References listed on IDEAS

    as
    1. Pierre Judet, 1992. "El papel del Estado en el desarrollo económico de la república de Corea del Sur," Ensayos de Economía 9558, Universidad Nacional de Colombia Sede Medellín.
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    More about this item

    Keywords

    Public policy; Economic development; South Korea; Economic growth;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • N25 - Economic History - - Financial Markets and Institutions - - - Asia including Middle East
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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