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Etite change and program change in the Korean government, 1955-1967

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  • Etite change and program change in the Korean government, 1955-1967
  • Whang, In-Joung
  • Seoul National University(Graduate School of Public Administration)


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Title Etite change and program change in the Korean government, 1955-1967
Similar Titles
Material Type Articles
Author(English)

Whang, In-Joung

Publisher

[Seoul]:Seoul National University(Graduate School of Public Administration)

Date 1969
Journal Title; Vol./Issue Korean Journal of Public Administration:vol. 7(no. 1)
Pages 32
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Government and Law < Public Administration
Holding Seoul National University

Abstract

Korea's economic growth was sluggish in the 1950's. But it becomes faster since 1962. The average annual growth rate of GNP has been 8.3% during the period of 1962-66. It was merely 4.8% during the period of 1955-61. The question now arises: Why was the economic growth of Korea more rapid in the 1960's than in the 1950's? In this respect, it is valuable to look at the interplay between two distinct factors. The economic growth of the 1950's was associated with a large amount of foreign aid granted. However, the declining trend of aid received suggests that the post economic growth is little related with foreign aid itself. Associated with the rapid economic growth of the 1962-66 period has been concerted effort of Korea undertaking economic planning. The planing has been a dominant character of the administration after the student uprising of 1960 and the military coup detat of 1961. In other words, economic development in Korea does not rest solely on the matter of capital but is related to many other, economic and non-economic, factors. This study is focused on elite change concerned with economic planning because it is motivated by the question of why the administratively planned growth has been more rapid than the administratively neutral growth.