International records / OpenAlex research

Can Korea’s Economic Success be Replicated?

Many developing countries have during the last decade experienced economic stagnation and in some cases decline. Consequently there is a renewed interest in manufacturing industry, which is seen by many as the means of closing the gap between poor developing countries and the rich developed economies. Widely publicized tables of income levels of the countries of the world leave no doubt that income levels are generally higher the greater is the contribution made by manufacturing industry. Countries which have little or no industry are almost invariably poor. The lesson is plain and simple: to …