Analysis of the Key Factors to the Economic Growth in South Korea

DOI

10.2991/assehr.k.200331.001How to use a DOI?

Keywords

manufacturing, education, social distribution, predictive, policy

Abstract

Before 1960s, Korea was a small agricultural countries depending on imports. During this 45 years, South Korea has made a huge leap in the economy. The reasons of economic growth of South Korea was analyzed in this paper. The author mainly focused on the science-and-technology-innovation policy, education policy and social income distribution policy and used the formulas that related to GDP as well as supply and demand in macroeconomics to verify the validity of the analysis result. In conclusion, these policies played important role in the process of the economic development. Moreover, these policies have a profound influence in the society and industries. Even today they still promote the economy and make South Korea stand among the developed country.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Geyang Xia
PY  - 2020
DA  - 2020/04/02
TI  - Analysis of the Key Factors to the Economic Growth in South Korea
BT  - Proceedings of the 5th International Conference on Social Sciences and Economic Development (ICSSED 2020)
PB  - Atlantis Press
SP  - 1
EP  - 6
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200331.001
DO  - 10.2991/assehr.k.200331.001
ID  - Xia2020
ER  -