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Economy Economic Conditions
Economy Economic System

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The South Korean model of economic development : Parameters, problems and perspectives

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  • The South Korean model of economic development
  • Nako, Stefanov
  • Sofia University


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Title The South Korean model of economic development
Similar Titles
Sub Title

Parameters, problems and perspectives

Material Type Reports
Author(English)

Nako, Stefanov

Publisher

Sofia,Bulgaria : Sofia University

Date 2016
Pages 10
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Conditions
Economy < Economic System
Holding Sofia University
License

Abstract

This report addresses an important and topical issue - the existence of a specific model of economic performance of South Korea, its key characteristics, stages of formation and functioning, problems and prospects. The aim of the study is to confirm the existence of such a model, which demonstrated sustainable development in different periods of economic performance of the country: x The period of catching up development from the 60's to the 80's of XX century; x The economic performance during the Asia crisis in the 90's of XX century ± the time of upgrading from an extensive to an intensive mode of functioning; x The efforts for sustainable dynamic during the time of Global crisis in XXI century. The study presents an attempt to understand the key mechanisms of this model which provide both the dynamics in the early stages and sustainability in recent periods of development.