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Productivity improvement

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Title Productivity improvement
Similar Titles
Project Category Development Cases
Material Type Reports
Author(English)

Choi, Dong-kyu; Cho, Byoung Tak; Cha, Sang Mi; Lee, Myun-Hun

Publisher

Seoul:Korea Development Institute

Date 2011
Project Development Cases
Series Title; No Knowledge Sharing Program: KSP Modularization
ISBN 978-89-8063-583-2; 978-89-8063-573-3(SET 10)
Pages 304
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < General
Holding KDI; KDI School
Supervisor Korea Development Institute
Organizer Ministry of Strategy and Finance; Korea Development Institute
Sponsor Ministry of Strategy and Finance
Project Term 2010-01-01 ~ 2010-12-31

Abstract

The present study attempts to describe strategies Korea carried out for rapid economic growth from the perspective of productivity growth. Exhaustion and poverty pervaded in Korea before the economy entered into a developmental track. Overcoming poverty was the cherished desire of Korean people, and priority was placed on achieving economic growth. The Korea Productivity Center (KPC) was established with the belief that only a rise in productivity could strengthen the Korean economy and that it was the fastest way to welfare enhancement under the leadership of the private sector. The financial sources for improving productivity were appropriated from the contributions of industrial associations and personal donations. Also, operational expenses were met by the support from the government and the international community, including the ILO. (The rest omitted)

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