Routledge - What Made Korea's Rapid Growth Possible? Book

Explore a new perspective on one of the most significant economic stories of the modern era. Korea's rapid economic growth offers both hope and a challenge to developing nations worldwide. While many believe that government policies like industrial targeting and export promotion were the primary drivers of this success, this book provides a different investigation into the actual causes. This study examines the effects of specific government policies and concludes that the growth experience does not support traditional views. Instead, the text points to the massive expansion of the global market as a major factor that is often missed in discussions regarding national economic growth in the post-World War II period. Part of the Routledge Studies in the Modern World Economy series, this book is an essential read for students, researchers, and anyone interested in business and economic history. It provides a detailed look at how global market trends impact national development, offering a fresh take on how much the world economy influences individual nation success.