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The Role of Government in Economic Development: The Korean Experience

Whang, In-Joung - ;

Every government, regardless of political ideology, is engaged in the mobilization and allocation of resources, the stabilization. of the national economy, and the promotion of technological innovation. Furthermore, a government plays diverse roles in development: as the guardian of political stability, which is a prerequisite for economic growth, as the instrument for law and order, as the major investor, as a source of development financing, as a powerful agent of social change, as a motivating force behind investment decisions by private business, and as a safeguard of social security. The relative priority assigned to these multifarious roles of government has varied over time to cope with the changing market forces and business environment.
This article focuses on the role of government in the Repul:Hic of Korea inthe light of its experience in national development. It examines th~ role of govern-ment in economic development during the last 25 years and ho\iv that role haschanged in the structural adjustment process, particularly during the 1980s.


Ketersediaan

Call NumberLocationAvailable
ADR0502PSB lt.dasar - Pascasarjana1
PenerbitPhilippines: Asian Development Bank 1987
EdisiVol. 5, No. 2., 1987
SubjekPolitical stability
Government
National economy
Korean economy
ISBN/ISSN0116-1105
KlasifikasiNONE
Deskripsi Fisik31 p.
Info Detail SpesifikAsian Development Review
Other Version/RelatedTidak tersedia versi lain
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  • The Role of Government in Economic Development: The Korean Experience

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