IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v13y2021i4p1905-d496977.html
   My bibliography  Save this article

Analysis of Developmental Chronology of South Korean Compressed Growth as a Reference from Sustainable Development Perspectives

Author

Listed:
  • Sea Jin Kim

    (Department of Environmental Science and Ecological Engineering, Korea University, Seoul 02841, Korea
    Risk Advisory, Deloitte Anjin LLC, Seoul 07326, Korea)

  • Woo-Kyun Lee

    (Department of Environmental Science and Ecological Engineering, Korea University, Seoul 02841, Korea)

  • Jun Young Ahn

    (Research & Development Division, Hyundai Motor Group, Hwaseong-si, Gyeonggi-do 18280, Korea)

  • Wona Lee

    (Center for Climate Technology Cooperation, Green Technology Center Korea (GTC), Seoul 04554, Korea)

  • Soo Jeong Lee

    (GHG Mitigation Research Team, Greenhouse Gas Inventory and Research Center of Korea, Seoul 03186, Korea)

Abstract

Global challenges including overpopulation, climate change, and income inequality have increased, and a demand for sustainability has emerged. Decision-making for sustainable development is multifaceted and interlinked, owing to the diverse interests of different stakeholders and political conflicts. Analysing a situation from all social, political, environmental, and economic perspectives is necessary to achieve balanced growth and facilitate sustainable development. South Korea was among the poorest countries following the Korean War; however, it has developed rapidly since 1955. This growth was not limited to economic development alone, and the chronology of South Korean development may serve as a reference for development in other countries. Here, we explore the compressed growth of South Korea using a narrative approach and time-series, comparative, and spatial analyses. Developmental indicators, along with the modern history of South Korea, are introduced to explain the reasons for compressed growth. The development of the mid-latitude region comprising 46 countries in this study, where nearly half of Earth’s population resides, was compared with that of South Korea; results show that the developmental chronology of South Korea can serve as a reference for national development in this region.

Suggested Citation

  • Sea Jin Kim & Woo-Kyun Lee & Jun Young Ahn & Wona Lee & Soo Jeong Lee, 2021. "Analysis of Developmental Chronology of South Korean Compressed Growth as a Reference from Sustainable Development Perspectives," Sustainability, MDPI, vol. 13(4), pages 1-22, February.
  • Handle: RePEc:gam:jsusta:v:13:y:2021:i:4:p:1905-:d:496977
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/13/4/1905/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/13/4/1905/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Button, Kenneth & Taylor, Samantha, 2000. "International air transportation and economic development," Journal of Air Transport Management, Elsevier, vol. 6(4), pages 209-222.
    2. Raimund Bleischwitz & Catalina Spataru & Stacy D. VanDeveer & Michael Obersteiner & Ester Voet & Corey Johnson & Philip Andrews-Speed & Tim Boersma & Holger Hoff & Detlef P. Vuuren, 2018. "Resource nexus perspectives towards the United Nations Sustainable Development Goals," Nature Sustainability, Nature, vol. 1(12), pages 737-743, December.
    3. Kuznets, Paul W, 1988. "An East Asian Model of Economic Development: Japan, Taiwan, and South Korea," Economic Development and Cultural Change, University of Chicago Press, vol. 36(3), pages 11-43, Supplemen.
    4. Cholho Song & Sea Jin Kim & Jooyeon Moon & Soo Jeong Lee & Wona Lee & Nahui Kim & Sonam Wangyel Wang & Woo-Kyun Lee, 2017. "Classification of Global Land Development Phases by Forest and GDP Changes for Appropriate Land Management in the Mid-Latitude," Sustainability, MDPI, vol. 9(8), pages 1-16, August.
    5. Menas C. Kafatos & Seung Hee Kim & Chul-Hee Lim & Jinwon Kim & Woo-Kyun Lee, 2017. "Responses of Agroecosystems to Climate Change: Specifics of Resilience in the Mid-Latitude Region," Sustainability, MDPI, vol. 9(8), pages 1-15, August.
    6. Jennifer Brauner, 2015. "Military spending and democracy," Defence and Peace Economics, Taylor & Francis Journals, vol. 26(4), pages 409-423, August.
    7. -, 2018. "Emerging challenges and shifting paradigms: New perspectives on international cooperation for development," Coediciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 44002 edited by Eclac.
    8. Ferguson, Ross & Wilkinson, William & Hill, Robert, 2000. "Electricity use and economic development," Energy Policy, Elsevier, vol. 28(13), pages 923-934, November.
    9. Fangni Zhang & Daniel J. Graham, 2020. "Air transport and economic growth: a review of the impact mechanism and causal relationships," Transport Reviews, Taylor & Francis Journals, vol. 40(4), pages 506-528, July.
    10. Geels, Frank W., 2002. "Technological transitions as evolutionary reconfiguration processes: a multi-level perspective and a case-study," Research Policy, Elsevier, vol. 31(8-9), pages 1257-1274, December.
    11. Philip J. K. McGowan & Gavin B. Stewart & Graham Long & Matthew J. Grainger, 2019. "An imperfect vision of indivisibility in the Sustainable Development Goals," Nature Sustainability, Nature, vol. 2(1), pages 43-45, January.
    12. Takatoshi Ito & Anne O. Krueger, 1995. "Growth Theories in Light of the East Asian Experience," NBER Books, National Bureau of Economic Research, Inc, number ito_95-2.
    13. Soon-Yang Kim, 2007. "Consolidating The Authoritarian Developmental State In The 1970S Korea: Chosen Strategies," International Review of Public Administration, Taylor & Francis Journals, vol. 12(1), pages 119-132, July.
    14. Sugyeong Park & Sea Jin Kim & Hangnan Yu & Chul-Hee Lim & Eunbeen Park & Jiwon Kim & Woo-Kyun Lee, 2020. "Developing an Adaptive Pathway to Mitigate Air Pollution Risk for Vulnerable Groups in South Korea," Sustainability, MDPI, vol. 12(5), pages 1-16, February.
    15. Kang, David C., 2002. "Bad Loans to Good Friends: Money Politics and the Developmental State in South Korea," International Organization, Cambridge University Press, vol. 56(1), pages 177-207, January.
    16. Yang, S. & Khang, Y.-H. & Harper, S. & Smith, G.D. & Leon, D.A. & Lynch, J., 2010. "Understanding the rapid increase in life expectancy in South Korea," American Journal of Public Health, American Public Health Association, vol. 100(5), pages 896-903.
    17. Joel R. Norris & Robert J. Allen & Amato T. Evan & Mark D. Zelinka & Christopher W. O’Dell & Stephen A. Klein, 2016. "Evidence for climate change in the satellite cloud record," Nature, Nature, vol. 536(7614), pages 72-75, August.
    18. Anne O. Krueger, 1995. "East Asian Experience and Endogenous Growth Theory," NBER Chapters, in: Growth Theories in Light of the East Asian Experience, pages 9-36, National Bureau of Economic Research, Inc.
    19. Töngür, Ünal & Hsu, Sara & Elveren, Adem Yavuz, 2015. "Military expenditures and political regimes: Evidence from global data, 1963–2000," Economic Modelling, Elsevier, vol. 44(C), pages 68-79.
    20. Jiyoung Kim, 2015. "Aid and state transition in Ghana and South Korea," Third World Quarterly, Taylor & Francis Journals, vol. 36(7), pages 1333-1348, July.
    21. Freeman, Richard B. & Katz, Lawrence F. (ed.), 1995. "Differences and Changes in Wage Structures," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226261607, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lina Volodzkiene & Dalia Streimikiene, 2023. "Energy Inequality Indicators: A Comprehensive Review for Exploring Ways to Reduce Inequality," Energies, MDPI, vol. 16(16), pages 1-28, August.
    2. Yongwan Choi & Jessica Machado & Gunwoo Kim, 2024. "A Comparative Evaluation of Ecosystem Services Provided by Street Trees in Seoul for the Suggestion of Social Equity," Land, MDPI, vol. 13(2), pages 1-22, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ajit Singh, 1998. "Savings, investment and the corporation in the East Asian miracle," Journal of Development Studies, Taylor & Francis Journals, vol. 34(6), pages 112-137.
    2. Oasis Kodila-Tedika & Sherif Khalifa, 2021. "African Junta and Defence Spending: A Capture Effect or Self-preservation? [A Theory of Military Dictatorships]," Journal of African Economies, Centre for the Study of African Economies, vol. 30(3), pages 285-300.
    3. Singh, Ajit, 1994. "How East Asia grew so fast? slow progress towards an analytical consensus," MPRA Paper 53830, University Library of Munich, Germany.
    4. Michelle Connolly & Kei-Mu Yi, 2015. "How Much of South Korea's Growth Miracle Can Be Explained by Trade Policy?," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(4), pages 188-221, October.
    5. Debi Prasad Bal & Devi Prasad Dash & Bibhudutta Subhasish, 2016. "The Effects of Capital Formation on Economic Growth in India: Evidence from ARDL-bound Testing Approach," Global Business Review, International Management Institute, vol. 17(6), pages 1388-1400, December.
    6. Xinyi Wang & Na Hou & Bo Chen, 2023. "Democracy, military expenditure and economic growth: A heterogeneous perspective," Defence and Peace Economics, Taylor & Francis Journals, vol. 34(8), pages 1039-1070, November.
    7. Fleisher, Belton & Li, Haizheng & Zhao, Min Qiang, 2010. "Human capital, economic growth, and regional inequality in China," Journal of Development Economics, Elsevier, vol. 92(2), pages 215-231, July.
    8. Lulu Hao & Na Zhang & Hongchang Li & Jack Strauss & Xuejie Liu & Xuemeng Guo, 2020. "The Influence of the Air Cargo Network on the Regional Economy under the Impact of High-Speed Rail in China," Sustainability, MDPI, vol. 12(19), pages 1-20, October.
    9. Singh, Ajit, 1996. "Catching up with the West: a perspective on Asian economic development," MPRA Paper 53993, University Library of Munich, Germany.
    10. Johannes Blum, 2021. "Democracy’s third wave and national defense spending," Public Choice, Springer, vol. 189(1), pages 183-212, October.
    11. Rodrigo, G. Chris & Thorbecke, Erik, 1997. "Sources of growth: A reconsideration and general equilibrium application to Indonesia," World Development, Elsevier, vol. 25(10), pages 1609-1625, October.
    12. repec:nrb:wpaper:nrbwp182013 is not listed on IDEAS
    13. Hassan Hakimian, 1998. "From East to West Asia: Lessons of Globalization, Crisis and Economic Reform," Working Papers 82, Department of Economics, SOAS University of London, UK, revised 2000.
    14. Prakash Kumar Shrestha, 2013. "Economic development in South and East Asia: empirical examination of East Asian Development Model," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 20(2), pages 1-28, December.
    15. Perry Burnett & Harvey Cutler & Stephen Davies, 2012. "Understanding The Unique Impacts Of Economic Growth Variables," Journal of Regional Science, Wiley Blackwell, vol. 52(3), pages 451-468, August.
    16. Laila AitBihiOuali & Jose M. Carbo & Daniel J. Graham, 2020. "Do changes in air transportation affect productivity? A cross‐country panel approach," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(3), pages 493-505, June.
    17. Polterovich, Victor & Popov, Vladimir, 2006. "Эволюционная Теория Экономической Политики: Часть I: Опыт Быстрого Развития [An Evolutionary Theory of Economic Policy: Part I: The Experience of Fast Development]," MPRA Paper 22168, University Library of Munich, Germany.
    18. Sajjad F. Dizaji & Mohammad Reza Farzanegan, 2023. "Democracy and Militarization in Developing Countries: A Panel Vector Autoregressive Analysis," Defence and Peace Economics, Taylor & Francis Journals, vol. 34(3), pages 272-292, April.
    19. Hongyi Harry Lai, 1997. "Factor Endowments, Trade Direction, and Growth Performances of the Americas and East Asia in the Nineteenth and Twentieth Centuries," Development and Comp Systems 9710004, University Library of Munich, Germany, revised 17 Jun 1998.
    20. Prakash Kumar Shrestha Ph.D., 2013. "A Revisit of the East Asian Development Experiences in the Context of South Asia," NRB Working Paper 18/2013, Nepal Rastra Bank, Research Department.
    21. Singh, Ajit, 1999. "Global economic trends, development and social policy at Copenhagen plus five," MPRA Paper 53557, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:13:y:2021:i:4:p:1905-:d:496977. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.