ABSTRACT
For several decades, higher education has been the centerpiece of Korea’s emergence as an industrializing and developing nation. In 1962, South Korea launched a series of ambitious five-year economic development programs. The successful implementation of the economic and educational development has brought South Korea to the forefront of emerging economies in Asia. In 1997, the per capita gross national product (GNP) stood at $10,000 and the amount of imports and exports ranked eleventh in the world. The South Korean government has consistently pressed for the development of heavy and chemical industries, high technology, and the expansion of exports.
