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Informing the public on policy issues and promoting economic literacy

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Frame of Image Strategy and Finance (MOSF), Republic of Korea Korea Development Institute Joohoon Kim, Executive Director, Economic Information and Education Center, KDI Jaehak Shim, Director, General Economic Education Division, KDI Chinyoung Kim, Specialist, Economic Information and Education Center, KDI Eunjoo Kong, Head, School Economic Education Unit 1, KDI Hyosang Lim, Senior Research Associate, School Economic Education Unit 1, KDI Minjeong Kim, Research Associate, Knowledge Cooperation Team, KDI
Advisory
Kyung-Keun Kim, Professor, Korea University Jin-Young Kim, Professor, Kangwon National University
Research Management Supported by
KDI School of Public Policy and Management Ministry of Strategy and Finance (MOSF), Republic of Korea
Government Publications Registration Number 11-1051000-000680-01 ISBN 979-11-5545-175-5 94320 ISBN 979-11-5545-171-7 [SET 6] Copyright © 2014 by Ministry of Strategy and Finance, Republic of Korea
Government Publications Registration Number 11-1051000-000680-01
Knowledge Sharing Program
2015 Modularization of Korea’s Development Experience
Informing the Public on Policy Issues and Promoting Economic Literacy
Preface
opportunity to better understand the factors that drive development. Within approximately a single generation, Korea transformed itself from an aid-recipient basket-case to a donor more remarkable is that the fruits of Korea’s rapid growth were relatively widely shared. country with fast-paced yet sustained economic growth. What makes Korea’s


Full Text
Title Informing the public on policy issues and promoting economic literacy
Similar Titles
Project Category Development Cases
Material Type Reports
Author(English)

Kim, Joohoon; Shim, Jaehak; Kim, Chinyoung Kim; Kong, Eunjoo; Lim, Hyosang; Kim, Minjeong

Publisher

Sejong:KDI School

Date 2015
Project Development Cases
Series Title; No Knowledge Sharing Program; 경제발전경험 모듈화 사업
ISBN 979-11-5545-175-5 94320; 979-11-5545-171-7 [SET 6]
Pages 114
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < General
Social Development < Education
Holding KDI School
Supervisor Ministry of Strategy and Finance
Organizer Ministry of Strategy and Finance; Korea Development Institute
Sponsor Ministry of Strategy and Finance
Project Term 2015-01-01 ~ 2015-12-31

Abstract

The Republic of Korea’s rapid social and economic transformation has been called “a miracle.” Without abundant natural resources, Korea also had to overcome the devastation of the Korean War, which broke out in 1950. Korea has encountered numerous failures and difficulties in achieving rapid social and economic development. Despite these challenges, Korea was able to become a global economic leader on the back of the efforts of the Korean people and government. One of the major policy initiatives has been the promotion of economic education since the 1980s. The economic education initiative was not just government policy. It was innovative at the time and helped to advance Korea’s economy. This case study seeks to provide an in-depth examination of Korea’s economic education policy to draw important insights and lessons from Korea’s experience. During the early 1960s and the late 1970s, most policies in Korea were focused on growth. (The rest omitted)