%0 Journal Article
%T The Miracle on the Han River: South Korean Economic Development
%A Rahmi £¿ET£¿N
%J -
%D 2018
%X This study aims to examine the long-term macroeconomic performance of South Korea during the period 1963¨C2015 by using certain macroeconomic variables. In the 1960s, South Korea was a typical developing country with poor natural resources, low production, and a small domestic market. By following an outward-looking development strategy and other policies, South Korea has transformed itself from an agriculture-intensive economy into one of the world¡¯s most dynamic industrial economies within 40 years.The study concludes that the combination of an outward-looking development strategy, a well-educated and well-disciplined labor force, and technological innovation is mainly responsible for Korea¡¯s long-term growth success. In addition, the country¡¯s close ties with Japan and the US have contributed to its high growth performance due to substantial foreign aid obtained from these developed countries
%K D£¿£¿a a£¿£¿k kalk£¿nma modeli
%K e£¿itim ve teknoloji politikalar£¿
%K G¨¹ney Kore
%U http://dergipark.org.tr/istjecon/issue/37889/405372