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Technological Capability Building in South Korea: Some Lessons for Pakistan

Author

Listed:
  • Javed A. Ansari

    (College of Business Management, Karachi.)

  • Rafique A. Khan

    (Department of Economics, University of Karachi.)

Abstract

Recent economic upheavals raise important questions about the nature of the transformation that has taken place in the East Asian economics. Are these economics really catching up with the West? Is there growth process sustainable? Or will they suffer the type of systemic disintegration experienced by the East European countries during the 1990s—Paul Krugman (1994) and Young (1994) had demonstrated similarities in the East Asian and East European growth paths some time ago. Technological upgrading is an important element in the development of a sustainable growth strategy. This paper seeks to describe policies and initiatives taken by the South Korean government to stimulate technological learning during 1960–1990—the decades during which the South Korean economy achieved a “miraculous” transformation. The description relics mainly on Korean sources and is based on our own field research in that country. Section one describes the technological learning processes and Section Two presents a discussion of the policies that facilitated this learning. Section Three briefly addresses the question: Did this type of technological learning make a contribution towards enhancing the sustainability of Korean development processes? The concluding section briefly reflects on the lessons that seem relevant for Pakistan.

Suggested Citation

  • Javed A. Ansari & Rafique A. Khan, 1998. "Technological Capability Building in South Korea: Some Lessons for Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 37(4), pages 825-845.
  • Handle: RePEc:pid:journl:v:37:y:1998:i:4:p:825-845
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    File URL: http://www.pide.org.pk/pdf/PDR/1998/Volume4/825-845.pdf
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    References listed on IDEAS

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    1. Young, Alwyn, 1994. "Lessons from the East Asian NICS: A contrarian view," European Economic Review, Elsevier, vol. 38(3-4), pages 964-973, April.
    2. Theodore W. Schultz, 1972. "Human Capital: Policy Issues and Research Opportunities," NBER Chapters, in: Economic Research: Retrospect and Prospect, Volume 6, Human Resources, pages 1-84, National Bureau of Economic Research, Inc.
    3. Alwyn Young, 1994. "The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience," NBER Working Papers 4680, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Muhammad Zahid Siddique & Javed Akbar Ansari, 2005. "Skill Formation Strategies for Sustaining 'The Drive to Maturity' in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 44(4), pages 541-566.

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