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Private-public alliances for export development: the Korean case

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  • Hong, Yoo Soo

Abstract

The present report explains the development path of Korea, from a country which started its development with a lack of natural resources, industrial facilities, sufficient foreign reserves and business experiences and with human resources as its only productive factor at the disposal, to its successful technological catch-up, export performance and economic development. The study clarifies this development by concentrating on the formulation and implementation mechanism of development strategies and policies with the emphasis on trade; the technological capability building process and institutions, and the innovation and internationalization policies for SME. The study shows the case of a strong government leadership in the early stage of development and the increasing role of market mechanism and public private partnership when the economy becomes more complicated and diversified.

Suggested Citation

  • Hong, Yoo Soo, 2010. "Private-public alliances for export development: the Korean case," Comercio Internacional 4333, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    • Handle: RePEc:ecr:col025:4333
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    File URL: http://repositorio.cepal.org/handle/11362/4333
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    1. Charles Harvie & Hyun-Hoon Lee & Junggun Oh (ed.), 2004. "The Korean Economy," Books, Edward Elgar Publishing, number 2969.
    2. Chang,Sea-Jin, 2003. "Financial Crisis and Transformation of Korean Business Groups," Cambridge Books, Cambridge University Press, number 9780521814355.
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    Cited by:

    1. Songül KARADAŞ & RAHMİ ÇETİN, 2018. "The Miracle on the Han River: South Korean Economic Development," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 68(1), pages 93-112, June.

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