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South Korea in the Fast Lane – Economic Development and Capital Formation - Oxford Scholarship Online
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South Korea in the Fast Lane: Economic Development and Capital Formation

Young-Iob Chung


This book examines South Korea's robust economic development and rapid capital formation, which has transformed the country from an agrarian/semi-industrial economy facing seemingly insurmountable obstacles and naysayers at the end of World War II into one of the twelve largest industrialized economies in the global market by the end of the 20th century. After evaluating economic development, this book assesses sectoral investments, both in the public and business sectors, focusing on their volume, nature, sources, and means of financing investment at home and abroad. The domestic sources for ... More

Keywords: business investment, domestic loans, foreign aid, foreign loans, human capital, import substitution, export industries, industrial politics, financial policies, public investment

Bibliographic Information

Print publication date: 2007 Print ISBN-13: 9780195325454
Published to Oxford Scholarship Online: September 2007 DOI:10.1093/acprof:oso/9780195325454.001.0001


Affiliations are at time of print publication.

Young-Iob Chung, author
Eastern Michigan University (Emeritus)
Author Webpage