Economic Development Patterns, Inflations, and Distributions: With Application to Korea (ROK) and Taiwan...

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Byung Ok Lim

Economic Development Patterns, Inflations, and Distributions

With Application to Korea (ROK) and Taiwan (ROC)

Byung Ok Lim

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English

Routledge
10 March 2020

Development economics

Series: Routledge Library Editions: Business and Economics in Asia

The focal point of this study, first published in 1991, is to investigate the effect of growth patterns on inflation and the distribution of income through inductive examination of the particular experiences in Korea and Taiwan. Both countries are regarded as models of successful industrialization, but contrast significantly in the matter of their development strategy yielding a more equitable distribution of income, along with a moderate inflation from the benefits of economic growth. Korea experienced considerable rates of inflation and a worsening of the distribution of income, while Taiwan avoided both economic evils. This book analyses how Taiwan’s economy managed to reconcile growth with inflation and distribution and why Korea could not achieve similar performance.

By: Byung Ok Lim
Imprint: Routledge
Country of Publication: United Kingdom
Volume: 10
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9781138369641
ISBN 10: 1138369640
Series: Routledge Library Editions: Business and Economics in Asia
Pages: 252
Publication Date: 10 March 2020
Audience: College/higher education , General/trade , Primary , ELT Advanced
Format: Paperback
Publisher's Status: Active

1. Introduction 2. Factor Growth 3. The Effects of Changes in Factors on Economic Growth 4. The Growth and Functional Distribution in Non Agricultural Economy 5. The Growth and Household Distribution of Income (HID) 6. Summary and Conclusions

Byung Ok Lim