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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?

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Long Hours:
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Mid Cap Quandary:

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South Korea – In search of a new model:

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