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Export-led growth and economic development of South Korea : Lessons for Kyrgyzstan

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  • Export-led growth and economic development of South Korea
  • Mavlianov, Sanzharbek
  • Central Bank of the Republic of Turkey (CTMB); Turkish Cooperation and Coordination Agency (TiKA)


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Title Export-led growth and economic development of South Korea
Similar Titles
Sub Title

Lessons for Kyrgyzstan

Material Type Articles
Author(English)

Mavlianov, Sanzharbek

Publisher

[Ankara]:Central Bank of the Republic of Turkey (CTMB); Turkish Cooperation and Coordination Agency (TiKA)

Date 2008
Pages 5
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Economy < Economic Administration
Holding TiKA; TCMB

Abstract

Data of South Korean economic development and export promotion measures in the period of 1960-2010 were employed to assess policy appeals and limits through documentary analysis and to develop the possible model for follower countries like Kyrgyzstan. On this background it is necessary for Kyrgyz Republic to follow Korean development path and change our policy stance in favor of export oriented policies and move on the high growth trajectories. Korean experience asserts that strong manufactured export growth integrated with the absence of macroeconomic imbalances can built sound base for cumulative process of high exports-high profits-high savings-high investment-high exports. (The rest omitted)