The Working and Living Conditions in South Korea in the stage of the export-oriented Industrialization (1965-1980)

More about the book

The study examines South Korea's rapid transformation from an agrarian society to an industrial powerhouse within 19 years, highlighting its significant economic growth. By 1980, the country ranked among the top 20 in global trade, with a gross national product reflecting a remarkable average annual growth rate of 8.4% from 1962 to 1980. The per capita income reached $1,503, illustrating the dramatic changes in living standards and economic structure during this period. The research contributes to ongoing discussions about development theories and practices.