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STI policy and Korean development

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Frame of Image 000 sq Km or 99,000 sq Km, if excluding the northern part of the peninsula, of which ¾ is non-arable mountains u Very poor in natural resources – no oil reserve, insignificant reserves of coal and other mineral resources u Historically, very limited economic interactions with western powers due to geographical remoteness – retarded in industrialization u But it has had to support a large population – 80 million people
Cultural inheritance….
u A uni-cultural society strongly influenced by Confucian tradition
u Very closely knitted society, where family, school, religious and regional backgrounds are very important determinants of inter-personal relationships u Relatively high social mobility – education has been the major vehicle to higher social class
9/30/2015 Chung STI Policy 3
üplacing highest value on scholarship and education üsocial order based on vertical relationships – respect for seniors and the elderly
Korean development
It was under unfavorable geo-political and geo-economic environments that Korea has transformed itself from one of the poorest countries in the world into one of the most dynamic industrial economies… u GNI P/C: $ 87(’61) → $23,000(‘12) u Exports: $55 M(’61) → $552 B (‘12) u Unemployment: 22.3%(’61) → 3.2% (‘12)
How has Korea been able to make the transition ? One of the Key factors is science and technology.
Structural Transformations of 2000s the Korean Economy
1960s-80s 1980s-2000s
HighTechnology industries Creative knowledge economy
Traditional


Full Text
Title STI policy and Korean development
Similar Titles
Project Category Capacity Building Workshops
Material Type Proceedings
Author(English)

Chung, Sungchul

Publisher

[Sejong]:KDI School

Date 2015-09
Event

Capacity Building Program for Government Officials

Project Capacity Building Workshops
Pages 51
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pptx
Subject Industry and Technology < Science/Technology
Holding KDI School