• Country/City
    Republic of Korea
  • Topics
    Policy and Governance, Economic and Social Development
  • Published On

    June 1, 2016

  • Author(s)

    Korea Ministry of Economy and Finance - Knowledge Sharing Program (KSP)

The study of Korea’s economic and social transformation offers a unique window of opportunity to better understand the factors that drive development. Within approximately a single generation, Korea transformed itself from an aid-recipient basket-case to a donor country undergoing fast-paced and sustained economic growth. What makes Korea’s experience even more remarkable is that the fruits of Korea’s rapid growth were relatively widely shared. 
 
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