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

Author

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  • 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
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