콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Financial Policy
Economy Economic Conditions
Territorial Development General

Print

Economic growth, low income and housing in S. Korea.

Related Document
Frame of Image
  • Economic growth, low income and housing in S. Korea.
  • Kim, Woo-Jin
  • University of Glasgow


link
Title Economic growth, low income and housing in S. Korea.
Similar Titles
Material Type Articles
Author(English)

Kim, Woo-Jin

Publisher

[Glasgow]:University of Glasgow

Date 1995-02
Pages 279
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Economy < Financial Policy
Economy < Economic Conditions
Territorial Development < General
Holding University of Glasgow

Abstract

When S. Korea was liberated from Japan and soon partitioned between the South and the North in 1945, she was one of the world's poorest countries. The Korean War (1950-1953) had a profound impact on S. Korean society. Hunger became even more routine and famine very common. After the military revolution in 1960 onwards the S. Korean government consistently continued a "growth-first approach" to promote rapid economic development which could then generate resources to raise the living standards of those on low incomes, rather than a selective and targeted approach which involved extensive public action to improve the circumstances of destitute people. Since this time S. Korea began to be counted as a rapidly industrialising country. In 1960, about 65.9 per cent of the labour force in S. Korea was engaged in agriculture and a mere 9.2 per cent in the mining, manufacturing and construction sectors. (The rest omitted)