ABSTRACT

How did a country with a dearth of natural resources, a sprawling population congested in a limited arable land transform itself to a modern industrial state within a generation? How could these have been achieved given the lingering geopolitical threats to its very survival as a state, as evidenced by the Korean War and the internecine aggressive posturing of its neighbor from the north?

This book looks at strategies, institutional arrangement, role of entrepreneurs and workers in this odyssey, and on how those factors have worked together through effective leadership to transform South Korea’s economic fortunes.

chapter 4|18 pages

Impact for export and job creation

chapter 5|22 pages

Path to industrialization (1)

Paving the way to industrialization

chapter 6|32 pages

The advent of industrial titans

chapter 7|43 pages

Path to industrialization (2)

Heavy and chemical industries push the needle

chapter 10|20 pages

Saemaul Undong

Korea’s new deal for rural modernization

chapter |13 pages

Epilogue

Path to development under globalization