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A comparative study on the patterns of economic development and trade in Korea and Morocco

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  • A comparative study on the patterns of economic development and trade in Korea and Morocco
  • Park, Dong Yul
  • Hankuk University of Foreign Studies


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Title A comparative study on the patterns of economic development and trade in Korea and Morocco
Similar Titles
Material Type Reports
Author(English)

Park, Dong Yul

Publisher

[Seoul]:Hankuk University of Foreign Studies

Date 2002
Subject Country Morocco(Africa)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Economy < Economic Administration
Holding Hankuk University of Foreign Studies

Abstract

This paper examines effective reform measures for Korea and Morocco. In the economic development model presented in this paper, the unbalanced growth strategy emphasizing ‘all-out effort for export expansion’ was proposed for rapid economic development during the first half of industrialization. The balanced growth strategy emphasizing ‘technological self-sufficiency oriented import substitution’ was proposed for rapid economic development during the second half of industrialization. This paper examines the types of economic cooperation between Korea and Morocco. The methods of economic cooperation could be divided into two categories; spiritual one and substantial cooperation. This paper suggests that the former should proceede the latter because substantial economic cooperation would easily fail without spiritual readiness for economic cooperation.