Synopses & Reviews
Kuznets focuses on the four key characteristics of South Korean economic development since the mid-1960s: relatively high investment rates, labor market competition, export orientation, and a strong, interventionist government. He uses an informal model to simplify the complex relations that underlie Korea's outstanding growth and also assesses the relevance of the model for other countries. The work is designed to be read by non-specialists, in that no prior knowledge of Korea has been assumed. The work concentrates on economic issues, and policy choices are of particular interest. References are made to English-language literature on economic development in general and on Korean development in particular.
Review
. . .written in plain but crisp English that makes the book assessible to nonspecialist readers. General readers; upper-division undergraduate through faculty.Choice
Synopsis
Korean Economic Development: An Interpretive Model focuses on the key characteristics of South Korean economic development since the mid-1960s.
Description
Includes bibliographical references (p. [157]-169) and index.
About the Author
PAUL W. KUZNETS is a Professor in the Economics Department at Indiana University, where he has been on the faculty since 1964.
Table of Contents
Foreword
The Model
The Record
High Investment Rates
Labor Growth and Absorption
Export Expansion
Developmentalist State
Summary and Conclusion
Bibliography
Index