This paper is published in Volume 3, Issue 1, 2018
Area
Economics
Author
Prithvi Naik
Co-authors
Kartik Bhatt
Org/Univ
Christ University, Bangalore, Karnataka, India
Pub. Date
31 January, 2018
Paper ID
V3I1-1217
Publisher
Keywords
Industrial Development, Economic Aid, Financial Crisis, Bail-out Package, Five-Year Plans.

Citationsacebook

IEEE
Prithvi Naik, Kartik Bhatt. Forces behind the Development of South Korea, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARnD.com.

APA
Prithvi Naik, Kartik Bhatt (2018). Forces behind the Development of South Korea. International Journal of Advance Research, Ideas and Innovations in Technology, 3(1) www.IJARnD.com.

MLA
Prithvi Naik, Kartik Bhatt. "Forces behind the Development of South Korea." International Journal of Advance Research, Ideas and Innovations in Technology 3.1 (2018). www.IJARnD.com.

Abstract

This article aims to analyze the driving forces behind the growth of the South Korean economy. For over 5 decades, South Korea has grown rapidly taking strides into developing and easing their trade and that has led to them into becoming the fourth largest economy in Asia and eleventh largest in the world and was one of the few countries which had minimal impact of the great recession. The government has planned the development progress cleverly and the implementation of 10-year-plans has worked miracles for the country.
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