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Korea's development experience

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Frame of Image ,427.2 42,646.2 2011/1960 (ratio) 11.6 25.6 21.4 15.1 3.8 7.8 2.8 Growth Rates 70 60 50 40 30 20 10 0 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 -10 The Economy Exports This presentation focuses on two topics in Korea’s development experience: ◆ Export expansion ◆ “Upgrading” of industrial structure Two different views: Government-led vs. Market-led (No consensus on what made “miracle” possible) ◆ Export expansion Statistics Exports (thousand dollars) Total (%) 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 17,966 24,595 22,202 16,451 19,812 32,827 40,878 54,813 86,802 119,058 175,082 250,334 320,229 (36.9) (-9.7) (-25.9) (20.4) (65.7) (24.5) (34.1) (58.4) (37.2) (47.1) (43.0) (27.9) 1,643 2,459 4,096 2,388 4,519 6,229 10,567 58,315 106,784 153,648 215,174 (49.7) (66.6) (-7.1) (89.2) (37.8) (69.6) (47.7) (83.1) (43.9) (40.0) Manufactures (%) 16,323 22,136 18,105 13,881 17,424 28,309 34,649 44,194 47,095 60,696 68,300 96,686 105,055 (35.6) (-18.2) (-23.3) (25.5) (62.5) (22.4) (27.5) (6.6) (28.9) (12.5) (41.6) (8.7) Others (%) 2,570 (-37.3) 39,487 (273.7) Note: the numbers in the parentheses are export growth rates in current prices . New export items began to emerge in 1961 S I TC 1 9 57 1 9 58 1 9 59 1 9 60 1 9 61 1 9 62 1 9 63 1 9 64 1 9 65 0 1 2 3 4 5 6 631211 652 6532 6535 7 8 83 84 85 89941 89993 89995 Food, live animals Beverage, tobacco Crude materials, inedib le Mineral fuels, etc. Animal, vegetable oils Chemicals Manufacture


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Title Korea's development experience
Similar Titles
Material Type Proceeding
Author(English)

Yoo, Jungho

Publisher

Sejong, South Korea : KDI School of Public Policy and Management
Date 2017-08
Event

2017 Induction Training Program for IAS Officers

Pages 41
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format ppt
Subject Economy < Economic Administration
Holding KDI School of Public Policy and Management
License