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The role of government in export expansion in the Republic of Korea : A revisit

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  • The role of government in export expansion in the Republic of Korea
  • Asian Development Bank (ADB)
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Title The role of government in export expansion in the Republic of Korea
Similar Titles
Sub Title

A revisit

Material Type Reports
Publisher

Asian Development Bank (ADB)

Date 1994
Series Title; No EDRC Reports
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade

Abstract

It is widely agreed that Korea's rapid economic development since the early 1960s resulted from the rapid expansion in exports and that the Korean government has been heavily involved in this process. There is, however, disagreement over the role of the government in the economic development, particularly in relation to the market forces. Some studies regard the Korean growth model as a neoclassical model that stands upon a free-market and free-trade system, but others not.