Routledge Korea's Rapid Growth Possible - Routledge Economic History

This Routledge Studies in the Modern World Economy book examines Korea's remarkable economic expansion and challenges the conventional explanations for its success. Rather than attributing growth solely to government policies like export promotion and industrial targeting, the author investigates the actual effects of these policies and presents a more nuanced analysis. The work points to the expansion of the global market as a significant overlooked factor in Korea's development trajectory. Essential reading for economists, policymakers, and students studying post-war economic development, this book reframes how developing nations understand rapid growth mechanisms and the interplay between domestic policy and international market conditions that shaped one of the twentieth century's most compelling economic stories.