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Unit 4 Macro: Growth and Development in South Korea

Wednesday, March 13, 2013
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As part of our revision for the Unit 4 macro paper we have been discussing in school growth and development issues in South Korea. The country now has a per capita income in excess of $30,000 and is a high-income developed country with membership of the OECD. Having escaped the middle-income trap, can South Korea continue to prosper or will the country have to modify their development strategies to meet fresh competitive challenges and changing expectations?

Download the student handout

Growth_and_Development_in_South_Korea.docx

Videos

Long Hours: http://www.youtube.com/watch?v=l_ZFIi9BX9w
Smart schools: http://www.youtube.com/watch?v=Cll9RP3F9mg
Ageing population: http://www.youtube.com/watch?v=Em4vbzS2Ijw
Mid Cap Quandary: http://www.bbc.co.uk/news/business-21175403

Economic growth in prospect: http://www.bbc.co.uk/news/business-20091248
South Korea – In search of a new model: http://www.youtube.com/watch?v=RGvl-kLzva8

Medical tourism in South Korea

Can this industry grow to a scale that will help re-balance the economy and lower the dependence on exporting manufactured goods? 

Long Hours in South Korea



South Korea fights income inequality


 


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AS & A2 Economics Revision Workshops

AS & A2 Economics - Intensive Exam Coaching & Revision Workshops: Book Now!

Stratford | Fulham | Bristol | Birmingham | Gateshead | Leeds | Manchester

Dates and Locations

AS & A2 Economics - Macroeconomics: National & International Economy (Unit 2),  Global/International Economy (Unit 4)

  • Tuesday 25 March 2014 - London (Stratford City)
  • Wednesday 26 March 2014 - London (Fulham Broadway)
  • Thursday 27 March 2014 - Bristol (Cribbs Causeway)
  • Friday 28 March 2014 - Birmingham (Star City)
  • Tuesday 1 April 2014 - Gateshead (Metro Centre)
  • Wednesday 2 April 2014 - Leeds (The Light)
  • Thursday 3 April 2014 - Manchester (Salford Quays)

Post-Easter (AS Economics Units 1&2 Combined;  Global/International Economy (Unit 4))

  • Monday 28 April 2014 - London (Stratford City)
  • Tuesday 29 April 2014 - London (Fulham Broadway)
  • Wednesday 30 April 2014 - Bristol (Cribbs Causeway)
  • Thursday 1 May 2014 - Birmingham (Star City)
  • Friday 2 May 2014 - Manchester (Salford Quays)

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