Economic Growth and Human Development in the Republic of Korea, 1945-1992

1997 Occasional Paper
By Lee, Jong-Wha

This paper investigates how Korea has achieved its remarkable record of economic growth and human development, and how economic growth and human capital have interacted in the Korean economy. In turn, Korea's economic growth has benefitted from the education level of its human resources, which have played a key role in absorbing advanced technology from the developed countries.