The Korean economy: Past performance and future prospects

In: Asian perspective, Band 8, Heft 2, S. 163-183

Abstract

After a brief historical overview of South Korea's development since 1961, the article outlines current reforms in the development strategy, short and long-term economic prospects for the country among other issues. According to the author, the South Korean success during the past 20 years is mainly a result of judicious exploitation of her comparative advantages in the world market. (DÜI-Sen)