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Economic development experience in Korea

Related Document
Frame of Image ncial Crisis
10,000 Foundation of Republic of Korea (1948) 5,000 Liberation from Japanese Colonial Rule (1910-45) 65 1945 1948 1953
7,355
1997-98 Financial Crisis
1,000 79
1960 1970 1980 1990
1996 1998
2007 2008
2011
Domestic saving/GDP ratio in 1950s: only 3%
□ Changes in Employment Structure
1963 2010
5.2% Service Manufacturing 17.7%
2
Agriculture/Forestry / Fisheries
Manufacturing Agriculture/Forestry/ Fisheries
Service 77.3%
Source : National Statistical Office
□ Broad based Social and Economic Transformation Korea’s “shared growth” has been cited as one of few countries that could grow rapidly with relatively low income inequality.
<Gini coefficient and GDP per capita growth rate: 1965-1990>
Gini coefficient
3
Per capita GDP growth rate (%)
□ Overview of Broad based Development (1962-2011)
1962 Economic Development Per Capita GDP Investment (% of GDP) Exports (% of GDP) $87 (101st) 13.8 5.1 1992 $7,714 36.0 26.8 1997 $11,505 34.6 31.7 2007 $21,632 28.5 41.9 2011 $22,489 27.4 56.2
4
Imports (% of GDP)
Trade (% of GDP) Social Development Life expectancy at birth
16.8
21.9 55
27.0
53.8 72
32.2
63.9 74
40.4
82.3 79
54.1
110.3 81*
Infant mortality rate (per 1000 births)
Parasite Infection rate Volume of Timber per hectare
* 2010
138
8.5
7.2
5.2
4.9*
1969: 77% → 1985: 4% → 1990: 0.6% 1959: 5.6 cubic meters/ha → 1966: 9 cubic meters/ha → 2010 : 109 cubic meters/ha
<Box> Forest Degradation  Reforestation (1/2)
Forest degradation in the early 20th century (1903) in Seoul with sh


Full Text
Title Economic development experience in Korea
Similar Titles
Material Type Proceedings
Author(English)

Kim, Joon Kyung

Author(Korean)

김준경

Publisher

[Seoul]:KDI School

Date 2013-03
Pages 94
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < General
Territorial Development < National Land Development
Holding KDI School