From Where To Where? Of South Korea Economic Development And Implementation Policies
Year: 2023
Type: article
Abstract: South Korea, which was one of the poorest countries in the world during the years in which it was founded, was a country that was exploited by imperialist powers for many years, and their social and cultural life was suppressed. During those years, South Korea was one of the poorest countries in the world. Both World War II and the war that followed in Korea managed its demise. Both the reason for doing the study and the research question that is connected to it may be found here. In such situation, the question that must be asked is, "How could this nation, whose economy failed in the years it was formed, whose political order was not fixed, and which had a colonial status, finish its growth in a very short period of forty years, XXI?" How did it rise from the ashes to become the 10th greatest economy in the world in the 19th century, and how did it conduct the "Miracle of the Han River"? According to this research, South Korea was able to more easily transition from an agricultural culture to an industrial society since the government began "land reform" in 1956. This led to the elimination of big landowners and a comparatively improved distribution of wealth. After the implementation of the five-year plans, an educated and disciplined labor force, an open development model, and the country's success in education, science and technology, research and development, and innovation policies have all been tried to be exposed in the historical process.
Language: English
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W4318247010