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한국의 원조수혜 경험 및 활용(Impact of foreign aid on Korea's development)

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Title 한국의 원조수혜 경험 및 활용(Impact of foreign aid on Korea's development)
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Project Category Development Cases
Material Type Report
Author(Korean)

김준경; 김광성

Publisher

서울 : KDI 국제정책대학원

Date 2012
Project Development Cases
Series Title; No Knowledge Sharing Program: 경제발전경험 모듈화 사업
ISBN 978-89-93695-62-5; 978-89-93695-06-9(전40권)
Pages 60
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Documents
Original Format pdf
Subject Economy < Others
Official Aid < General
Holding KDI 국제정책대학원대학교
Supervisor KDI 국제정책대학원
Organizer 기획재정부; KDI 국제정책대학원
Sponsor 기획재정부
Project Term 2011-01-01 ~ 2011-12-31
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Abstract

This paper is an economic study of the impact of aid on Korea, and the critical role it played in laying the foundations for sustainable development. There is little doubt that foreign assistance was invaluable in aiding Korea’s survival in the tumultuous years following its liberation in 1945 until the years immediately after the Korean War broke out in 1950. But assessing the longer term impact of aid on Korea’s development presents a more complex challenge. At one point, aid had a depilating effect on the economy and the government. Corruption and rent-seeking behavior had taken hold of a government dependent on aid, itself becoming an obstacle to reform and progress.

The lasting effects of aid and development policies on Korea can only be truly understood after taking a broader view of the development process. In this regard, advances in modern economics and the lessons of past reform experiences allow us to better explain Korea’s social and economic transformation. (The rest omitted)

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