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Peasants go to town : The rise of commercial farming in Korea

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  • Peasants go to town
  • Chang, Yun-Shik
  • Seoul National University(Population and Development Studies Center)


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Title Peasants go to town
Similar Titles
Sub Title

The rise of commercial farming in Korea

Material Type Articles
Author(English)

Chang, Yun-Shik

Publisher

[Seoul]:Seoul National University(Population and Development Studies Center)

Date 1985
Journal Title; Vol./Issue Bulletin of the Population and Development Studies Center:vol. 14
Pages 15
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Agriculture
Holding Seoul National University

Abstract

To most observers the development of Korea in the 60s and 70s is rather closely associated with a phenomenal growth of manufacturing industry which, measured in GDP, sustained an increase rate of 15 percent per annum. But concomitant agricultural expansion remains largely unnoticed. Though not quite comparable in numerical terms, the agricultural sector also witnessed in that period considerable increase of productivity. While maintaining the increase rate of productivity at 3.5 percent per annum, the production processor the mode of production, if you will-also underwent significant structural transformation. Peasants or peasant households now produce more than they consume; the production of surplus enables them to sell an increasing proportion of their products at the markets for profits. (The rest omitted)