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STI policy and Korean development

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Frame of Image 210,000 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 üplacing highest value on scholarship and education üsocial order based on vertical relationships – respect for seniors and the elderly 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 Chung STI Policy 3 11/18/2015 Korean development It was under such 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 T


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Title STI policy and Korean development
Similar Titles
Material Type Proceedings
Author(English)

Chung, Sungchul

Publisher

[대전] : University of Science and Technology
Date 2015
Event Economic Development Strategy (Morocco)
Pages 62
Language English
File Type Documents
Original Format pptx
Subject Official Aid
Holding KDI School
Project Term 2015-11-01 ~ 2015-11-14
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