South Korean Development Model

South Korea is one of economic wonders of the late twentieth century. War-torn desolated and poverty-stricken country in the 1950s with a per capita income less then Haiti, Ethiopia, India or Yemen, achieved unprecedented economic development and legendary growth that brought her from one the most b...

Full description

Bibliographic Details
Main Author: M. Lajčiak
Format: Article
Language:Russian
Published: MGIMO University Press 2016-09-01
Series:Международная аналитика
Subjects:
Online Access:https://www.interanalytics.org/jour/article/view/24
_version_ 1797878112130695168
author M. Lajčiak
author_facet M. Lajčiak
author_sort M. Lajčiak
collection DOAJ
description South Korea is one of economic wonders of the late twentieth century. War-torn desolated and poverty-stricken country in the 1950s with a per capita income less then Haiti, Ethiopia, India or Yemen, achieved unprecedented economic development and legendary growth that brought her from one the most backward countries into an economic giant by the 1980s and later on one of the most advanced countries in the world in the 21st century. The process was characterized by rapid industrialization, phenomenal growth rates and incremental social transformation. The paradigm of Korean path was under scrutiny from politicians and academicians and many studies were devoted to this issue. The paper is briefly highlighting major schools of thoughts analyzing Korea´s model from different angles – developmental concept, new institutionalism, cultural school of values, historical trajectory theory and of international relations concept. The study does not have an ambition to go deeply into historical perspectives and developmental cycles of Korean economic success that are very well covered in a number of economic expertizes. Instead, the paper focuses on some selected aspects that, though sometimes forgotten to get a due attention, but substantially subscribed on the Korea´s industrialization successful story. The study includes considerations of the applicability of Korean model on other countries and brings also a brief insight into the modernization period that followed the path of democratization of the country after 1987.
first_indexed 2024-04-10T02:27:31Z
format Article
id doaj.art-c90f9a9854de40078647dedc8171cf53
institution Directory Open Access Journal
issn 2587-8476
2541-9633
language Russian
last_indexed 2024-04-10T02:27:31Z
publishDate 2016-09-01
publisher MGIMO University Press
record_format Article
series Международная аналитика
spelling doaj.art-c90f9a9854de40078647dedc8171cf532023-03-13T08:01:56ZrusMGIMO University PressМеждународная аналитика2587-84762541-96332016-09-0103748410.46272/2587-8476-2016-0-3-74-8424South Korean Development ModelM. LajčiakSouth Korea is one of economic wonders of the late twentieth century. War-torn desolated and poverty-stricken country in the 1950s with a per capita income less then Haiti, Ethiopia, India or Yemen, achieved unprecedented economic development and legendary growth that brought her from one the most backward countries into an economic giant by the 1980s and later on one of the most advanced countries in the world in the 21st century. The process was characterized by rapid industrialization, phenomenal growth rates and incremental social transformation. The paradigm of Korean path was under scrutiny from politicians and academicians and many studies were devoted to this issue. The paper is briefly highlighting major schools of thoughts analyzing Korea´s model from different angles – developmental concept, new institutionalism, cultural school of values, historical trajectory theory and of international relations concept. The study does not have an ambition to go deeply into historical perspectives and developmental cycles of Korean economic success that are very well covered in a number of economic expertizes. Instead, the paper focuses on some selected aspects that, though sometimes forgotten to get a due attention, but substantially subscribed on the Korea´s industrialization successful story. The study includes considerations of the applicability of Korean model on other countries and brings also a brief insight into the modernization period that followed the path of democratization of the country after 1987.https://www.interanalytics.org/jour/article/view/24южная кореякорейская войнакорейское чудоиндустриализацияроль сшавнешние заимствованияпятилетние планы«чеболи» (финансовые кланы)применимость корейской модели развития
spellingShingle M. Lajčiak
South Korean Development Model
Международная аналитика
южная корея
корейская война
корейское чудо
индустриализация
роль сша
внешние заимствования
пятилетние планы
«чеболи» (финансовые кланы)
применимость корейской модели развития
title South Korean Development Model
title_full South Korean Development Model
title_fullStr South Korean Development Model
title_full_unstemmed South Korean Development Model
title_short South Korean Development Model
title_sort south korean development model
topic южная корея
корейская война
корейское чудо
индустриализация
роль сша
внешние заимствования
пятилетние планы
«чеболи» (финансовые кланы)
применимость корейской модели развития
url https://www.interanalytics.org/jour/article/view/24
work_keys_str_mv AT mlajciak southkoreandevelopmentmodel