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Development Overview

/ Overview of Korea's development experience
Growth of the Manufacturing Sector// Is the 1960’s, the manufactufacturing sector started to play a leading role in Korea’s economic growth,
	and between 1960 and 1970, Korea enjoyed an annual growth rate of 17 percent.
Rural Community Development// As part of a rural community development project, the Saemaul Movement significantly imporved
							rural living conditions in such areas as roads, housing, water supply, sewage and irrigation.
Vocational Training and Education// Vocational training and education programs produced skilled manpower
required for industrialization.
Promoting Heavy and Chemical Industry// In the 1970s, the HCI (heavy and chemical industry) drive contributed
to forming the foundation of key industries that currently support the Korean economy.
Building Infrastructure// The successful completion of the first three Five-Year Plans (1962-1976)
 led to the development of alternative transportation means, including expressways.
International Sports Events// Holding the Olympic Games stimulated 7 billion US dollars of production
and 2.7 billion US dollars of national income from 1981 to 1988.
Financial Sector Reform// Financial sector reform normalized the financial system and
rebuilt the financial safety net to prevent future crisis.
Technology Development// From the early 2000s, technological development was made possible by domestic R&D
 activities and imports of capital goods that embody advanced technologies.

Statistics/ Key development data for Korea

  • KDI
  • 청화대
  • Knowledge Sharing Program
  • KOICA
  • 한국교육과정평가원
  • Korea Foundation
  • Korea Legislation Research Institute(법제연구원)
  • 한국교통연구원
  • 서울정책아카이브
  • 경제인문사회연구회 NKIS
  • STATISTICS KOREA
  • GDPC
  • Korean Women's Development Institute
  • The Federation of Korean Industries
  • 통계청 도서관
  • ODA KOREA
  • KOREA.net
  • 아시아재단