Comparing growth strategies and examining the applicability of a Korean-style growth model in other developing countries. The class time will consist of lectures, presentation of student papers, and interactive discussions. Participation in classroom discussions will be evaluated. Students will be expected to grasp basic theories of growth and development and to read extensively on selected material. Students will be asked to write a short paper each week on a topic of the student's choice related to the lecture material.
Lectures are to familiarize students with various basic analysis of the Korean economy.
Korean Experience of Economic Growth. Capital Gains and Unearned Income. Small vs. Large Enterprises. Growth and Equity. Foreign Borrowing vs. Direct Foreign Investment.