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State capitalism and economic growth : The case of South Korea

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  • State capitalism and economic growth
  • Petcu, Dalia; Suciu, Sorin
  • University Lucian Blaga of Sibiu


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Title State capitalism and economic growth
Similar Titles
Sub Title

The case of South Korea

Material Type Articles
Author(English)

Petcu, Dalia; Suciu, Sorin

Publisher

[Sibiu]:University Lucian Blaga of Sibiu

Date 2013
Journal Title; Vol./Issue Lucrari:vol. 19
Pages 5
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Economy < Economic System
Holding University Lucian Blaga of Sibiu

Abstract

The impressive growth of South Korean’s economy is today a reference model for many countries that aim to find a path of modernization and development for their economies. In this paper we intend to present the main socio-economical factors that led to this genuine economical miracle and to argue the aplicability of this model in today's global world. The development of a country is related to many social, political and economic factors that cannot be thoroughly reproduced, but being aware of a certain type of economical logic can be an important lesson for many developing countries.