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Case
| HBS Case Collection
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1996
(Revised from original 1996 version)
Korean Development and Western Economics
by
George C. Lodge and Courtenay Sprague
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Abstract
Provides a summary of Korea's economic performance during the past 40 years. Korea's economic strategy is discussed with regard to context--both the domestic (historic) and the international factors that have informed Korea's development. Simultaneously, Korea also functions as a case study for the divergence of Asian countries from the practice of Western neoclassical economics.
Keywords: History;
Strategy;
Development Economics;
Situation or Environment;
Decision Making;
Policy;
Economics;
North Korea;
Asia;
South Korea;