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Economic Development Patterns, Inflations, and Distributions by Byung Ok Lim
Economic Development Patterns, Inflations, and Distributions by Byung Ok Lim
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Economic Development Patterns, Inflations, and Distributions

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

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.

Author Biography:

Byung Ok Lim
Release date NZ
March 10th, 2020
Author
Audiences
  • General (US: Trade)
  • Tertiary Education (US: College)
Pages
252
ISBN-13
9781138369641
Product ID
31466736

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