Korea as a Knowledge Economy : Evolutionary Process and Lessons Learned

This report on Korea is geared towards policy makers from developing countries that are in the midst of, or are intending to, embark on the transition towards the knowledge economy. It provides pragmatic policy lessons drawn from Korea's forty-five years of knowledge-based growth. This report not only looks at the current policies and challenges of today's high income Korea, but also reviews its historical economic development since the 1960s when Korea was still a low income country. It follows Korea through the decades as it undertook an array of knowledge strategies that propelled it through the various income levels. This report therefore provides compelling policy lessons that are relevant for developing countries at different stages of economic development.

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Bibliographic Details
Main Authors: Suh, Joonghae, Chen, Derek H. C.
Language:English
en_US
Published: Washington, DC: World Bank 2007
Subjects:ADSL, ADULT EDUCATION, ADVERSE EFFECTS, AGRICULTURE, ASYMMETRIC DIGITAL SUBSCRIBER LINE, ATM, BALANCE OF PAYMENTS, BANK LOANS, BANKS, BENCHMARKING, BROADBAND NETWORKS, CABLE TELEVISION, CAPITAL GOODS, CAPITAL REQUIREMENTS, CITIES, CLIENT COUNTRIES, CODE DIVISION MULTIPLE ACCESS, COMMODITIES, COMMODITY, COMMUNICATION TECHNOLOGIES, COMMUNICATIONS TECHNOLOGIES, COMPARATIVE ADVANTAGE, COMPARATIVE ADVANTAGES, COMPETITIVE ADVANTAGE, COMPETITIVENESS, CONSUMER, CONSUMER GOODS, CONSUMERS, CONTRIBUTION, CONTRIBUTIONS, COPYRIGHT, CRISIS MANAGEMENT, CURRENCY, CURRENT ACCOUNT, DATA COMMUNICATION, DATA SOURCES, DEBT, DEMOCRATIC SOCIETY, DEPOSIT, DEREGULATION, DEVELOPMENT BANK, DEVELOPMENT POLICIES, DEVELOPMENT PROCESSES, DEVELOPMENT PROJECTS, DEVELOPMENT STRATEGIES, DEVELOPMENT STRATEGY, DIFFERENT INTEREST RATES, DIGITAL SUBSCRIBER, DIRECT INVESTMENT, DISEQUILIBRIUM, DISPOSABLE INCOME, DISTRIBUTION OF WEALTH, DIVERSIFICATION, E-MAIL, EASE OF USE, ECONOMIC DEVELOPMENT, ECONOMIC FRAMEWORK, ECONOMIC GROWTH, ECONOMIC HISTORY, ECONOMIC LIBERALIZATION, ECONOMIC MANAGEMENT, ECONOMIC ORDER, ECONOMIC POWER, ECONOMIC SECTORS, ECONOMIC STRUCTURE, ECONOMIC STRUCTURES, ECONOMIES OF SCALE, EDUCATIONAL DEVELOPMENT, EMPLOYMENT OPPORTUNITIES, ENGINEERS, EQUIPMENT, EXCHANGE RATES, EXPLICIT KNOWLEDGE, EXPORTS, FACTORS OF PRODUCTION, FAIR TRADE, FINANCIAL CRISIS, FINANCIAL MARKET, FINANCIAL SYSTEM, FINANCIAL TRANSACTION, FINANCIAL TRANSACTIONS, FISCAL MANAGEMENT, FISCAL POLICIES, FISCAL POLICY, FOREIGN COMPETITION, FOREIGN DIRECT INVESTMENT, FOREIGN INVESTMENT, FREE TRADE, GDP GROWTH RATE, GDP PER CAPITA, GLOBAL ECONOMY, GLOBAL KNOWLEDGE, GLOBALIZATION, GNP, GNP PER CAPITA, GOVERNMENT EXPENDITURES, GROSS DOMESTIC PRODUCT, GROSS FIXED CAPITAL FORMATION, GROSS NATIONAL PRODUCT, GROWTH POTENTIAL, GROWTH RATE, HUMAN RESOURCE, HUMAN RESOURCES, ICT, ILLITERACY, INCOME, INCOME LEVELS, INDUSTRIAL DEVELOPMENT, INDUSTRIALIZATION, INEFFICIENCY, INFLATION, INFORMATION INFRASTRUCTURE, INFORMATION TECHNOLOGY, INNOVATION, INNOVATION SYSTEMS, INSURANCE, INTELLECTUAL PROPERTY, INTEREST RATE, INTERNATIONAL TRADE, INVESTING, INVESTMENT COMPANIES, JOB TRAINING, KEY INDUSTRIES, KNOWLEDGE CREATION, KNOWLEDGE DEVELOPMENT, KNOWLEDGE ECONOMY, KNOWLEDGE FOR DEVELOPMENT, KNOWLEDGE MANAGEMENT, KNOWLEDGE REVOLUTION, KNOWLEDGE STRATEGIES, LABOR FORCE, LABOR MARKET, LAN, LARGE ENTERPRISES, LEARNING, LICENSES, LICENSING, LITERACY, LOCAL AREA NETWORK, LONG-TERM PLANNING, LOW INCOME, LOW INTEREST RATES, LOW-INCOME, MACROECONOMIC POLICY, MACROECONOMIC STABILIZATION, MANUFACTURING, MARKETING, MATERIAL, MATHEMATICS, MEDICAL INSURANCE, MEDIUM ENTERPRISES, MINIMUM WAGE, MONETARY POLICIES, MONOPOLY, NATIONAL ECONOMY, NATIONAL INCOME, NATURAL RESOURCES, NEW TECHNOLOGY, OPPORTUNITY COST, PATENTS, PENSION, PENSION SYSTEM, PER CAPITA INCOME, POLITICAL LEADERSHIP, POSITIVE EFFECTS, PRICE MECHANISM, PRIMARY EDUCATION, PRIVATE SAVINGS, PROBABILITY, PRODUCTION TECHNIQUES, PRODUCTIVITY, PRODUCTIVITY GROWTH, PROGRAMS, PURCHASING POWER, PURCHASING POWER PARITY, QUERIES, R&D, RAPID GROWTH, RAPID INDUSTRIALIZATION, RAPID INFLATION, REAL GDP, REINVESTMENT, RESEARCH ASSISTANCE, RESEARCH CENTERS, RESOURCE ALLOCATION, SAVINGS, SAVINGS DEPOSITS, SAVINGS RATES, SCIENTISTS, SECURITIES, SECURITIES DEALERS, SENIOR, SERVICE PROVIDERS, SKILLED WORKERS, SMALL BUSINESS, SOCIAL DEVELOPMENT, SOCIAL WELFARE, STANDARDIZATION, STOCK EXCHANGE, TECHNICIANS, TECHNOLOGY INDUSTRIES, TECHNOLOGY POLICY, TELECOM, TELECOMMUNICATION, TELECOMMUNICATIONS, TELEPHONE, TELEPHONES, TELEVISION, TOTAL FACTOR PRODUCTIVITY, TRADE POLICIES, TRADITIONAL ECONOMY, UNEMPLOYMENT, UNEMPLOYMENT RATE, USES, VALUABLE, VALUE ADDED, VALUE CHAINS, VENTURE BUSINESS, WAGE, WAGES, WEB, WEB SITE, WORLD MARKET, WORLD TRADE, WORLD TRADE ORGANIZATION, WORTH, WTO,
Online Access:http://documents.worldbank.org/curated/en/2007/01/8340550/korea-knowledge-economy-evolutionary-process-lessons-learned
https://hdl.handle.net/10986/6755
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country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-okr
tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
en_US
topic ADSL
ADULT EDUCATION
ADVERSE EFFECTS
AGRICULTURE
ASYMMETRIC DIGITAL SUBSCRIBER LINE
ATM
BALANCE OF PAYMENTS
BANK LOANS
BANKS
BENCHMARKING
BROADBAND NETWORKS
CABLE TELEVISION
CAPITAL GOODS
CAPITAL REQUIREMENTS
CITIES
CLIENT COUNTRIES
CODE DIVISION MULTIPLE ACCESS
COMMODITIES
COMMODITY
COMMUNICATION TECHNOLOGIES
COMMUNICATIONS TECHNOLOGIES
COMPARATIVE ADVANTAGE
COMPARATIVE ADVANTAGES
COMPETITIVE ADVANTAGE
COMPETITIVENESS
CONSUMER
CONSUMER GOODS
CONSUMERS
CONTRIBUTION
CONTRIBUTIONS
COPYRIGHT
CRISIS MANAGEMENT
CURRENCY
CURRENT ACCOUNT
DATA COMMUNICATION
DATA SOURCES
DEBT
DEMOCRATIC SOCIETY
DEPOSIT
DEREGULATION
DEVELOPMENT BANK
DEVELOPMENT POLICIES
DEVELOPMENT PROCESSES
DEVELOPMENT PROJECTS
DEVELOPMENT STRATEGIES
DEVELOPMENT STRATEGY
DIFFERENT INTEREST RATES
DIGITAL SUBSCRIBER
DIRECT INVESTMENT
DISEQUILIBRIUM
DISPOSABLE INCOME
DISTRIBUTION OF WEALTH
DIVERSIFICATION
E-MAIL
EASE OF USE
ECONOMIC DEVELOPMENT
ECONOMIC FRAMEWORK
ECONOMIC GROWTH
ECONOMIC HISTORY
ECONOMIC LIBERALIZATION
ECONOMIC MANAGEMENT
ECONOMIC ORDER
ECONOMIC POWER
ECONOMIC SECTORS
ECONOMIC STRUCTURE
ECONOMIC STRUCTURES
ECONOMIES OF SCALE
EDUCATIONAL DEVELOPMENT
EMPLOYMENT OPPORTUNITIES
ENGINEERS
EQUIPMENT
EXCHANGE RATES
EXPLICIT KNOWLEDGE
EXPORTS
FACTORS OF PRODUCTION
FAIR TRADE
FINANCIAL CRISIS
FINANCIAL MARKET
FINANCIAL SYSTEM
FINANCIAL TRANSACTION
FINANCIAL TRANSACTIONS
FISCAL MANAGEMENT
FISCAL POLICIES
FISCAL POLICY
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FREE TRADE
GDP GROWTH RATE
GDP PER CAPITA
GLOBAL ECONOMY
GLOBAL KNOWLEDGE
GLOBALIZATION
GNP
GNP PER CAPITA
GOVERNMENT EXPENDITURES
GROSS DOMESTIC PRODUCT
GROSS FIXED CAPITAL FORMATION
GROSS NATIONAL PRODUCT
GROWTH POTENTIAL
GROWTH RATE
HUMAN RESOURCE
HUMAN RESOURCES
ICT
ILLITERACY
INCOME
INCOME LEVELS
INDUSTRIAL DEVELOPMENT
INDUSTRIALIZATION
INEFFICIENCY
INFLATION
INFORMATION INFRASTRUCTURE
INFORMATION TECHNOLOGY
INNOVATION
INNOVATION SYSTEMS
INSURANCE
INTELLECTUAL PROPERTY
INTEREST RATE
INTERNATIONAL TRADE
INVESTING
INVESTMENT COMPANIES
JOB TRAINING
KEY INDUSTRIES
KNOWLEDGE CREATION
KNOWLEDGE DEVELOPMENT
KNOWLEDGE ECONOMY
KNOWLEDGE FOR DEVELOPMENT
KNOWLEDGE MANAGEMENT
KNOWLEDGE REVOLUTION
KNOWLEDGE STRATEGIES
LABOR FORCE
LABOR MARKET
LAN
LARGE ENTERPRISES
LEARNING
LICENSES
LICENSING
LITERACY
LOCAL AREA NETWORK
LONG-TERM PLANNING
LOW INCOME
LOW INTEREST RATES
LOW-INCOME
MACROECONOMIC POLICY
MACROECONOMIC STABILIZATION
MANUFACTURING
MARKETING
MATERIAL
MATHEMATICS
MEDICAL INSURANCE
MEDIUM ENTERPRISES
MINIMUM WAGE
MONETARY POLICIES
MONOPOLY
NATIONAL ECONOMY
NATIONAL INCOME
NATURAL RESOURCES
NEW TECHNOLOGY
OPPORTUNITY COST
PATENTS
PENSION
PENSION SYSTEM
PER CAPITA INCOME
POLITICAL LEADERSHIP
POSITIVE EFFECTS
PRICE MECHANISM
PRIMARY EDUCATION
PRIVATE SAVINGS
PROBABILITY
PRODUCTION TECHNIQUES
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROGRAMS
PURCHASING POWER
PURCHASING POWER PARITY
QUERIES
R&D
RAPID GROWTH
RAPID INDUSTRIALIZATION
RAPID INFLATION
REAL GDP
REINVESTMENT
RESEARCH ASSISTANCE
RESEARCH CENTERS
RESOURCE ALLOCATION
SAVINGS
SAVINGS DEPOSITS
SAVINGS RATES
SCIENTISTS
SECURITIES
SECURITIES DEALERS
SENIOR
SERVICE PROVIDERS
SKILLED WORKERS
SMALL BUSINESS
SOCIAL DEVELOPMENT
SOCIAL WELFARE
STANDARDIZATION
STOCK EXCHANGE
TECHNICIANS
TECHNOLOGY INDUSTRIES
TECHNOLOGY POLICY
TELECOM
TELECOMMUNICATION
TELECOMMUNICATIONS
TELEPHONE
TELEPHONES
TELEVISION
TOTAL FACTOR PRODUCTIVITY
TRADE POLICIES
TRADITIONAL ECONOMY
UNEMPLOYMENT
UNEMPLOYMENT RATE
USES
VALUABLE
VALUE ADDED
VALUE CHAINS
VENTURE BUSINESS
WAGE
WAGES
WEB
WEB SITE
WORLD MARKET
WORLD TRADE
WORLD TRADE ORGANIZATION
WORTH
WTO
ADSL
ADULT EDUCATION
ADVERSE EFFECTS
AGRICULTURE
ASYMMETRIC DIGITAL SUBSCRIBER LINE
ATM
BALANCE OF PAYMENTS
BANK LOANS
BANKS
BENCHMARKING
BROADBAND NETWORKS
CABLE TELEVISION
CAPITAL GOODS
CAPITAL REQUIREMENTS
CITIES
CLIENT COUNTRIES
CODE DIVISION MULTIPLE ACCESS
COMMODITIES
COMMODITY
COMMUNICATION TECHNOLOGIES
COMMUNICATIONS TECHNOLOGIES
COMPARATIVE ADVANTAGE
COMPARATIVE ADVANTAGES
COMPETITIVE ADVANTAGE
COMPETITIVENESS
CONSUMER
CONSUMER GOODS
CONSUMERS
CONTRIBUTION
CONTRIBUTIONS
COPYRIGHT
CRISIS MANAGEMENT
CURRENCY
CURRENT ACCOUNT
DATA COMMUNICATION
DATA SOURCES
DEBT
DEMOCRATIC SOCIETY
DEPOSIT
DEREGULATION
DEVELOPMENT BANK
DEVELOPMENT POLICIES
DEVELOPMENT PROCESSES
DEVELOPMENT PROJECTS
DEVELOPMENT STRATEGIES
DEVELOPMENT STRATEGY
DIFFERENT INTEREST RATES
DIGITAL SUBSCRIBER
DIRECT INVESTMENT
DISEQUILIBRIUM
DISPOSABLE INCOME
DISTRIBUTION OF WEALTH
DIVERSIFICATION
E-MAIL
EASE OF USE
ECONOMIC DEVELOPMENT
ECONOMIC FRAMEWORK
ECONOMIC GROWTH
ECONOMIC HISTORY
ECONOMIC LIBERALIZATION
ECONOMIC MANAGEMENT
ECONOMIC ORDER
ECONOMIC POWER
ECONOMIC SECTORS
ECONOMIC STRUCTURE
ECONOMIC STRUCTURES
ECONOMIES OF SCALE
EDUCATIONAL DEVELOPMENT
EMPLOYMENT OPPORTUNITIES
ENGINEERS
EQUIPMENT
EXCHANGE RATES
EXPLICIT KNOWLEDGE
EXPORTS
FACTORS OF PRODUCTION
FAIR TRADE
FINANCIAL CRISIS
FINANCIAL MARKET
FINANCIAL SYSTEM
FINANCIAL TRANSACTION
FINANCIAL TRANSACTIONS
FISCAL MANAGEMENT
FISCAL POLICIES
FISCAL POLICY
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FREE TRADE
GDP GROWTH RATE
GDP PER CAPITA
GLOBAL ECONOMY
GLOBAL KNOWLEDGE
GLOBALIZATION
GNP
GNP PER CAPITA
GOVERNMENT EXPENDITURES
GROSS DOMESTIC PRODUCT
GROSS FIXED CAPITAL FORMATION
GROSS NATIONAL PRODUCT
GROWTH POTENTIAL
GROWTH RATE
HUMAN RESOURCE
HUMAN RESOURCES
ICT
ILLITERACY
INCOME
INCOME LEVELS
INDUSTRIAL DEVELOPMENT
INDUSTRIALIZATION
INEFFICIENCY
INFLATION
INFORMATION INFRASTRUCTURE
INFORMATION TECHNOLOGY
INNOVATION
INNOVATION SYSTEMS
INSURANCE
INTELLECTUAL PROPERTY
INTEREST RATE
INTERNATIONAL TRADE
INVESTING
INVESTMENT COMPANIES
JOB TRAINING
KEY INDUSTRIES
KNOWLEDGE CREATION
KNOWLEDGE DEVELOPMENT
KNOWLEDGE ECONOMY
KNOWLEDGE FOR DEVELOPMENT
KNOWLEDGE MANAGEMENT
KNOWLEDGE REVOLUTION
KNOWLEDGE STRATEGIES
LABOR FORCE
LABOR MARKET
LAN
LARGE ENTERPRISES
LEARNING
LICENSES
LICENSING
LITERACY
LOCAL AREA NETWORK
LONG-TERM PLANNING
LOW INCOME
LOW INTEREST RATES
LOW-INCOME
MACROECONOMIC POLICY
MACROECONOMIC STABILIZATION
MANUFACTURING
MARKETING
MATERIAL
MATHEMATICS
MEDICAL INSURANCE
MEDIUM ENTERPRISES
MINIMUM WAGE
MONETARY POLICIES
MONOPOLY
NATIONAL ECONOMY
NATIONAL INCOME
NATURAL RESOURCES
NEW TECHNOLOGY
OPPORTUNITY COST
PATENTS
PENSION
PENSION SYSTEM
PER CAPITA INCOME
POLITICAL LEADERSHIP
POSITIVE EFFECTS
PRICE MECHANISM
PRIMARY EDUCATION
PRIVATE SAVINGS
PROBABILITY
PRODUCTION TECHNIQUES
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROGRAMS
PURCHASING POWER
PURCHASING POWER PARITY
QUERIES
R&D
RAPID GROWTH
RAPID INDUSTRIALIZATION
RAPID INFLATION
REAL GDP
REINVESTMENT
RESEARCH ASSISTANCE
RESEARCH CENTERS
RESOURCE ALLOCATION
SAVINGS
SAVINGS DEPOSITS
SAVINGS RATES
SCIENTISTS
SECURITIES
SECURITIES DEALERS
SENIOR
SERVICE PROVIDERS
SKILLED WORKERS
SMALL BUSINESS
SOCIAL DEVELOPMENT
SOCIAL WELFARE
STANDARDIZATION
STOCK EXCHANGE
TECHNICIANS
TECHNOLOGY INDUSTRIES
TECHNOLOGY POLICY
TELECOM
TELECOMMUNICATION
TELECOMMUNICATIONS
TELEPHONE
TELEPHONES
TELEVISION
TOTAL FACTOR PRODUCTIVITY
TRADE POLICIES
TRADITIONAL ECONOMY
UNEMPLOYMENT
UNEMPLOYMENT RATE
USES
VALUABLE
VALUE ADDED
VALUE CHAINS
VENTURE BUSINESS
WAGE
WAGES
WEB
WEB SITE
WORLD MARKET
WORLD TRADE
WORLD TRADE ORGANIZATION
WORTH
WTO
spellingShingle ADSL
ADULT EDUCATION
ADVERSE EFFECTS
AGRICULTURE
ASYMMETRIC DIGITAL SUBSCRIBER LINE
ATM
BALANCE OF PAYMENTS
BANK LOANS
BANKS
BENCHMARKING
BROADBAND NETWORKS
CABLE TELEVISION
CAPITAL GOODS
CAPITAL REQUIREMENTS
CITIES
CLIENT COUNTRIES
CODE DIVISION MULTIPLE ACCESS
COMMODITIES
COMMODITY
COMMUNICATION TECHNOLOGIES
COMMUNICATIONS TECHNOLOGIES
COMPARATIVE ADVANTAGE
COMPARATIVE ADVANTAGES
COMPETITIVE ADVANTAGE
COMPETITIVENESS
CONSUMER
CONSUMER GOODS
CONSUMERS
CONTRIBUTION
CONTRIBUTIONS
COPYRIGHT
CRISIS MANAGEMENT
CURRENCY
CURRENT ACCOUNT
DATA COMMUNICATION
DATA SOURCES
DEBT
DEMOCRATIC SOCIETY
DEPOSIT
DEREGULATION
DEVELOPMENT BANK
DEVELOPMENT POLICIES
DEVELOPMENT PROCESSES
DEVELOPMENT PROJECTS
DEVELOPMENT STRATEGIES
DEVELOPMENT STRATEGY
DIFFERENT INTEREST RATES
DIGITAL SUBSCRIBER
DIRECT INVESTMENT
DISEQUILIBRIUM
DISPOSABLE INCOME
DISTRIBUTION OF WEALTH
DIVERSIFICATION
E-MAIL
EASE OF USE
ECONOMIC DEVELOPMENT
ECONOMIC FRAMEWORK
ECONOMIC GROWTH
ECONOMIC HISTORY
ECONOMIC LIBERALIZATION
ECONOMIC MANAGEMENT
ECONOMIC ORDER
ECONOMIC POWER
ECONOMIC SECTORS
ECONOMIC STRUCTURE
ECONOMIC STRUCTURES
ECONOMIES OF SCALE
EDUCATIONAL DEVELOPMENT
EMPLOYMENT OPPORTUNITIES
ENGINEERS
EQUIPMENT
EXCHANGE RATES
EXPLICIT KNOWLEDGE
EXPORTS
FACTORS OF PRODUCTION
FAIR TRADE
FINANCIAL CRISIS
FINANCIAL MARKET
FINANCIAL SYSTEM
FINANCIAL TRANSACTION
FINANCIAL TRANSACTIONS
FISCAL MANAGEMENT
FISCAL POLICIES
FISCAL POLICY
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FREE TRADE
GDP GROWTH RATE
GDP PER CAPITA
GLOBAL ECONOMY
GLOBAL KNOWLEDGE
GLOBALIZATION
GNP
GNP PER CAPITA
GOVERNMENT EXPENDITURES
GROSS DOMESTIC PRODUCT
GROSS FIXED CAPITAL FORMATION
GROSS NATIONAL PRODUCT
GROWTH POTENTIAL
GROWTH RATE
HUMAN RESOURCE
HUMAN RESOURCES
ICT
ILLITERACY
INCOME
INCOME LEVELS
INDUSTRIAL DEVELOPMENT
INDUSTRIALIZATION
INEFFICIENCY
INFLATION
INFORMATION INFRASTRUCTURE
INFORMATION TECHNOLOGY
INNOVATION
INNOVATION SYSTEMS
INSURANCE
INTELLECTUAL PROPERTY
INTEREST RATE
INTERNATIONAL TRADE
INVESTING
INVESTMENT COMPANIES
JOB TRAINING
KEY INDUSTRIES
KNOWLEDGE CREATION
KNOWLEDGE DEVELOPMENT
KNOWLEDGE ECONOMY
KNOWLEDGE FOR DEVELOPMENT
KNOWLEDGE MANAGEMENT
KNOWLEDGE REVOLUTION
KNOWLEDGE STRATEGIES
LABOR FORCE
LABOR MARKET
LAN
LARGE ENTERPRISES
LEARNING
LICENSES
LICENSING
LITERACY
LOCAL AREA NETWORK
LONG-TERM PLANNING
LOW INCOME
LOW INTEREST RATES
LOW-INCOME
MACROECONOMIC POLICY
MACROECONOMIC STABILIZATION
MANUFACTURING
MARKETING
MATERIAL
MATHEMATICS
MEDICAL INSURANCE
MEDIUM ENTERPRISES
MINIMUM WAGE
MONETARY POLICIES
MONOPOLY
NATIONAL ECONOMY
NATIONAL INCOME
NATURAL RESOURCES
NEW TECHNOLOGY
OPPORTUNITY COST
PATENTS
PENSION
PENSION SYSTEM
PER CAPITA INCOME
POLITICAL LEADERSHIP
POSITIVE EFFECTS
PRICE MECHANISM
PRIMARY EDUCATION
PRIVATE SAVINGS
PROBABILITY
PRODUCTION TECHNIQUES
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROGRAMS
PURCHASING POWER
PURCHASING POWER PARITY
QUERIES
R&D
RAPID GROWTH
RAPID INDUSTRIALIZATION
RAPID INFLATION
REAL GDP
REINVESTMENT
RESEARCH ASSISTANCE
RESEARCH CENTERS
RESOURCE ALLOCATION
SAVINGS
SAVINGS DEPOSITS
SAVINGS RATES
SCIENTISTS
SECURITIES
SECURITIES DEALERS
SENIOR
SERVICE PROVIDERS
SKILLED WORKERS
SMALL BUSINESS
SOCIAL DEVELOPMENT
SOCIAL WELFARE
STANDARDIZATION
STOCK EXCHANGE
TECHNICIANS
TECHNOLOGY INDUSTRIES
TECHNOLOGY POLICY
TELECOM
TELECOMMUNICATION
TELECOMMUNICATIONS
TELEPHONE
TELEPHONES
TELEVISION
TOTAL FACTOR PRODUCTIVITY
TRADE POLICIES
TRADITIONAL ECONOMY
UNEMPLOYMENT
UNEMPLOYMENT RATE
USES
VALUABLE
VALUE ADDED
VALUE CHAINS
VENTURE BUSINESS
WAGE
WAGES
WEB
WEB SITE
WORLD MARKET
WORLD TRADE
WORLD TRADE ORGANIZATION
WORTH
WTO
ADSL
ADULT EDUCATION
ADVERSE EFFECTS
AGRICULTURE
ASYMMETRIC DIGITAL SUBSCRIBER LINE
ATM
BALANCE OF PAYMENTS
BANK LOANS
BANKS
BENCHMARKING
BROADBAND NETWORKS
CABLE TELEVISION
CAPITAL GOODS
CAPITAL REQUIREMENTS
CITIES
CLIENT COUNTRIES
CODE DIVISION MULTIPLE ACCESS
COMMODITIES
COMMODITY
COMMUNICATION TECHNOLOGIES
COMMUNICATIONS TECHNOLOGIES
COMPARATIVE ADVANTAGE
COMPARATIVE ADVANTAGES
COMPETITIVE ADVANTAGE
COMPETITIVENESS
CONSUMER
CONSUMER GOODS
CONSUMERS
CONTRIBUTION
CONTRIBUTIONS
COPYRIGHT
CRISIS MANAGEMENT
CURRENCY
CURRENT ACCOUNT
DATA COMMUNICATION
DATA SOURCES
DEBT
DEMOCRATIC SOCIETY
DEPOSIT
DEREGULATION
DEVELOPMENT BANK
DEVELOPMENT POLICIES
DEVELOPMENT PROCESSES
DEVELOPMENT PROJECTS
DEVELOPMENT STRATEGIES
DEVELOPMENT STRATEGY
DIFFERENT INTEREST RATES
DIGITAL SUBSCRIBER
DIRECT INVESTMENT
DISEQUILIBRIUM
DISPOSABLE INCOME
DISTRIBUTION OF WEALTH
DIVERSIFICATION
E-MAIL
EASE OF USE
ECONOMIC DEVELOPMENT
ECONOMIC FRAMEWORK
ECONOMIC GROWTH
ECONOMIC HISTORY
ECONOMIC LIBERALIZATION
ECONOMIC MANAGEMENT
ECONOMIC ORDER
ECONOMIC POWER
ECONOMIC SECTORS
ECONOMIC STRUCTURE
ECONOMIC STRUCTURES
ECONOMIES OF SCALE
EDUCATIONAL DEVELOPMENT
EMPLOYMENT OPPORTUNITIES
ENGINEERS
EQUIPMENT
EXCHANGE RATES
EXPLICIT KNOWLEDGE
EXPORTS
FACTORS OF PRODUCTION
FAIR TRADE
FINANCIAL CRISIS
FINANCIAL MARKET
FINANCIAL SYSTEM
FINANCIAL TRANSACTION
FINANCIAL TRANSACTIONS
FISCAL MANAGEMENT
FISCAL POLICIES
FISCAL POLICY
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FREE TRADE
GDP GROWTH RATE
GDP PER CAPITA
GLOBAL ECONOMY
GLOBAL KNOWLEDGE
GLOBALIZATION
GNP
GNP PER CAPITA
GOVERNMENT EXPENDITURES
GROSS DOMESTIC PRODUCT
GROSS FIXED CAPITAL FORMATION
GROSS NATIONAL PRODUCT
GROWTH POTENTIAL
GROWTH RATE
HUMAN RESOURCE
HUMAN RESOURCES
ICT
ILLITERACY
INCOME
INCOME LEVELS
INDUSTRIAL DEVELOPMENT
INDUSTRIALIZATION
INEFFICIENCY
INFLATION
INFORMATION INFRASTRUCTURE
INFORMATION TECHNOLOGY
INNOVATION
INNOVATION SYSTEMS
INSURANCE
INTELLECTUAL PROPERTY
INTEREST RATE
INTERNATIONAL TRADE
INVESTING
INVESTMENT COMPANIES
JOB TRAINING
KEY INDUSTRIES
KNOWLEDGE CREATION
KNOWLEDGE DEVELOPMENT
KNOWLEDGE ECONOMY
KNOWLEDGE FOR DEVELOPMENT
KNOWLEDGE MANAGEMENT
KNOWLEDGE REVOLUTION
KNOWLEDGE STRATEGIES
LABOR FORCE
LABOR MARKET
LAN
LARGE ENTERPRISES
LEARNING
LICENSES
LICENSING
LITERACY
LOCAL AREA NETWORK
LONG-TERM PLANNING
LOW INCOME
LOW INTEREST RATES
LOW-INCOME
MACROECONOMIC POLICY
MACROECONOMIC STABILIZATION
MANUFACTURING
MARKETING
MATERIAL
MATHEMATICS
MEDICAL INSURANCE
MEDIUM ENTERPRISES
MINIMUM WAGE
MONETARY POLICIES
MONOPOLY
NATIONAL ECONOMY
NATIONAL INCOME
NATURAL RESOURCES
NEW TECHNOLOGY
OPPORTUNITY COST
PATENTS
PENSION
PENSION SYSTEM
PER CAPITA INCOME
POLITICAL LEADERSHIP
POSITIVE EFFECTS
PRICE MECHANISM
PRIMARY EDUCATION
PRIVATE SAVINGS
PROBABILITY
PRODUCTION TECHNIQUES
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROGRAMS
PURCHASING POWER
PURCHASING POWER PARITY
QUERIES
R&D
RAPID GROWTH
RAPID INDUSTRIALIZATION
RAPID INFLATION
REAL GDP
REINVESTMENT
RESEARCH ASSISTANCE
RESEARCH CENTERS
RESOURCE ALLOCATION
SAVINGS
SAVINGS DEPOSITS
SAVINGS RATES
SCIENTISTS
SECURITIES
SECURITIES DEALERS
SENIOR
SERVICE PROVIDERS
SKILLED WORKERS
SMALL BUSINESS
SOCIAL DEVELOPMENT
SOCIAL WELFARE
STANDARDIZATION
STOCK EXCHANGE
TECHNICIANS
TECHNOLOGY INDUSTRIES
TECHNOLOGY POLICY
TELECOM
TELECOMMUNICATION
TELECOMMUNICATIONS
TELEPHONE
TELEPHONES
TELEVISION
TOTAL FACTOR PRODUCTIVITY
TRADE POLICIES
TRADITIONAL ECONOMY
UNEMPLOYMENT
UNEMPLOYMENT RATE
USES
VALUABLE
VALUE ADDED
VALUE CHAINS
VENTURE BUSINESS
WAGE
WAGES
WEB
WEB SITE
WORLD MARKET
WORLD TRADE
WORLD TRADE ORGANIZATION
WORTH
WTO
Suh, Joonghae
Chen, Derek H. C.
Korea as a Knowledge Economy : Evolutionary Process and Lessons Learned
description This report on Korea is geared towards policy makers from developing countries that are in the midst of, or are intending to, embark on the transition towards the knowledge economy. It provides pragmatic policy lessons drawn from Korea's forty-five years of knowledge-based growth. This report not only looks at the current policies and challenges of today's high income Korea, but also reviews its historical economic development since the 1960s when Korea was still a low income country. It follows Korea through the decades as it undertook an array of knowledge strategies that propelled it through the various income levels. This report therefore provides compelling policy lessons that are relevant for developing countries at different stages of economic development.
topic_facet ADSL
ADULT EDUCATION
ADVERSE EFFECTS
AGRICULTURE
ASYMMETRIC DIGITAL SUBSCRIBER LINE
ATM
BALANCE OF PAYMENTS
BANK LOANS
BANKS
BENCHMARKING
BROADBAND NETWORKS
CABLE TELEVISION
CAPITAL GOODS
CAPITAL REQUIREMENTS
CITIES
CLIENT COUNTRIES
CODE DIVISION MULTIPLE ACCESS
COMMODITIES
COMMODITY
COMMUNICATION TECHNOLOGIES
COMMUNICATIONS TECHNOLOGIES
COMPARATIVE ADVANTAGE
COMPARATIVE ADVANTAGES
COMPETITIVE ADVANTAGE
COMPETITIVENESS
CONSUMER
CONSUMER GOODS
CONSUMERS
CONTRIBUTION
CONTRIBUTIONS
COPYRIGHT
CRISIS MANAGEMENT
CURRENCY
CURRENT ACCOUNT
DATA COMMUNICATION
DATA SOURCES
DEBT
DEMOCRATIC SOCIETY
DEPOSIT
DEREGULATION
DEVELOPMENT BANK
DEVELOPMENT POLICIES
DEVELOPMENT PROCESSES
DEVELOPMENT PROJECTS
DEVELOPMENT STRATEGIES
DEVELOPMENT STRATEGY
DIFFERENT INTEREST RATES
DIGITAL SUBSCRIBER
DIRECT INVESTMENT
DISEQUILIBRIUM
DISPOSABLE INCOME
DISTRIBUTION OF WEALTH
DIVERSIFICATION
E-MAIL
EASE OF USE
ECONOMIC DEVELOPMENT
ECONOMIC FRAMEWORK
ECONOMIC GROWTH
ECONOMIC HISTORY
ECONOMIC LIBERALIZATION
ECONOMIC MANAGEMENT
ECONOMIC ORDER
ECONOMIC POWER
ECONOMIC SECTORS
ECONOMIC STRUCTURE
ECONOMIC STRUCTURES
ECONOMIES OF SCALE
EDUCATIONAL DEVELOPMENT
EMPLOYMENT OPPORTUNITIES
ENGINEERS
EQUIPMENT
EXCHANGE RATES
EXPLICIT KNOWLEDGE
EXPORTS
FACTORS OF PRODUCTION
FAIR TRADE
FINANCIAL CRISIS
FINANCIAL MARKET
FINANCIAL SYSTEM
FINANCIAL TRANSACTION
FINANCIAL TRANSACTIONS
FISCAL MANAGEMENT
FISCAL POLICIES
FISCAL POLICY
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FREE TRADE
GDP GROWTH RATE
GDP PER CAPITA
GLOBAL ECONOMY
GLOBAL KNOWLEDGE
GLOBALIZATION
GNP
GNP PER CAPITA
GOVERNMENT EXPENDITURES
GROSS DOMESTIC PRODUCT
GROSS FIXED CAPITAL FORMATION
GROSS NATIONAL PRODUCT
GROWTH POTENTIAL
GROWTH RATE
HUMAN RESOURCE
HUMAN RESOURCES
ICT
ILLITERACY
INCOME
INCOME LEVELS
INDUSTRIAL DEVELOPMENT
INDUSTRIALIZATION
INEFFICIENCY
INFLATION
INFORMATION INFRASTRUCTURE
INFORMATION TECHNOLOGY
INNOVATION
INNOVATION SYSTEMS
INSURANCE
INTELLECTUAL PROPERTY
INTEREST RATE
INTERNATIONAL TRADE
INVESTING
INVESTMENT COMPANIES
JOB TRAINING
KEY INDUSTRIES
KNOWLEDGE CREATION
KNOWLEDGE DEVELOPMENT
KNOWLEDGE ECONOMY
KNOWLEDGE FOR DEVELOPMENT
KNOWLEDGE MANAGEMENT
KNOWLEDGE REVOLUTION
KNOWLEDGE STRATEGIES
LABOR FORCE
LABOR MARKET
LAN
LARGE ENTERPRISES
LEARNING
LICENSES
LICENSING
LITERACY
LOCAL AREA NETWORK
LONG-TERM PLANNING
LOW INCOME
LOW INTEREST RATES
LOW-INCOME
MACROECONOMIC POLICY
MACROECONOMIC STABILIZATION
MANUFACTURING
MARKETING
MATERIAL
MATHEMATICS
MEDICAL INSURANCE
MEDIUM ENTERPRISES
MINIMUM WAGE
MONETARY POLICIES
MONOPOLY
NATIONAL ECONOMY
NATIONAL INCOME
NATURAL RESOURCES
NEW TECHNOLOGY
OPPORTUNITY COST
PATENTS
PENSION
PENSION SYSTEM
PER CAPITA INCOME
POLITICAL LEADERSHIP
POSITIVE EFFECTS
PRICE MECHANISM
PRIMARY EDUCATION
PRIVATE SAVINGS
PROBABILITY
PRODUCTION TECHNIQUES
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROGRAMS
PURCHASING POWER
PURCHASING POWER PARITY
QUERIES
R&D
RAPID GROWTH
RAPID INDUSTRIALIZATION
RAPID INFLATION
REAL GDP
REINVESTMENT
RESEARCH ASSISTANCE
RESEARCH CENTERS
RESOURCE ALLOCATION
SAVINGS
SAVINGS DEPOSITS
SAVINGS RATES
SCIENTISTS
SECURITIES
SECURITIES DEALERS
SENIOR
SERVICE PROVIDERS
SKILLED WORKERS
SMALL BUSINESS
SOCIAL DEVELOPMENT
SOCIAL WELFARE
STANDARDIZATION
STOCK EXCHANGE
TECHNICIANS
TECHNOLOGY INDUSTRIES
TECHNOLOGY POLICY
TELECOM
TELECOMMUNICATION
TELECOMMUNICATIONS
TELEPHONE
TELEPHONES
TELEVISION
TOTAL FACTOR PRODUCTIVITY
TRADE POLICIES
TRADITIONAL ECONOMY
UNEMPLOYMENT
UNEMPLOYMENT RATE
USES
VALUABLE
VALUE ADDED
VALUE CHAINS
VENTURE BUSINESS
WAGE
WAGES
WEB
WEB SITE
WORLD MARKET
WORLD TRADE
WORLD TRADE ORGANIZATION
WORTH
WTO
author Suh, Joonghae
Chen, Derek H. C.
author_facet Suh, Joonghae
Chen, Derek H. C.
author_sort Suh, Joonghae
title Korea as a Knowledge Economy : Evolutionary Process and Lessons Learned
title_short Korea as a Knowledge Economy : Evolutionary Process and Lessons Learned
title_full Korea as a Knowledge Economy : Evolutionary Process and Lessons Learned
title_fullStr Korea as a Knowledge Economy : Evolutionary Process and Lessons Learned
title_full_unstemmed Korea as a Knowledge Economy : Evolutionary Process and Lessons Learned
title_sort korea as a knowledge economy : evolutionary process and lessons learned
publisher Washington, DC: World Bank
publishDate 2007
url http://documents.worldbank.org/curated/en/2007/01/8340550/korea-knowledge-economy-evolutionary-process-lessons-learned
https://hdl.handle.net/10986/6755
work_keys_str_mv AT suhjoonghae koreaasaknowledgeeconomyevolutionaryprocessandlessonslearned
AT chenderekhc koreaasaknowledgeeconomyevolutionaryprocessandlessonslearned
AT suhjoonghae coreacomounaeconomiadelconocimientoprocesoevolutivoyensenanzas
AT chenderekhc coreacomounaeconomiadelconocimientoprocesoevolutivoyensenanzas
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spelling dig-okr-1098667552024-08-08T16:53:38Z Korea as a Knowledge Economy : Evolutionary Process and Lessons Learned Corea como una economia del conocimiento : proceso evolutivo y ensenanzas Suh, Joonghae Chen, Derek H. C. ADSL ADULT EDUCATION ADVERSE EFFECTS AGRICULTURE ASYMMETRIC DIGITAL SUBSCRIBER LINE ATM BALANCE OF PAYMENTS BANK LOANS BANKS BENCHMARKING BROADBAND NETWORKS CABLE TELEVISION CAPITAL GOODS CAPITAL REQUIREMENTS CITIES CLIENT COUNTRIES CODE DIVISION MULTIPLE ACCESS COMMODITIES COMMODITY COMMUNICATION TECHNOLOGIES COMMUNICATIONS TECHNOLOGIES COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITIVE ADVANTAGE COMPETITIVENESS CONSUMER CONSUMER GOODS CONSUMERS CONTRIBUTION CONTRIBUTIONS COPYRIGHT CRISIS MANAGEMENT CURRENCY CURRENT ACCOUNT DATA COMMUNICATION DATA SOURCES DEBT DEMOCRATIC SOCIETY DEPOSIT DEREGULATION DEVELOPMENT BANK DEVELOPMENT POLICIES DEVELOPMENT PROCESSES DEVELOPMENT PROJECTS DEVELOPMENT STRATEGIES DEVELOPMENT STRATEGY DIFFERENT INTEREST RATES DIGITAL SUBSCRIBER DIRECT INVESTMENT DISEQUILIBRIUM DISPOSABLE INCOME DISTRIBUTION OF WEALTH DIVERSIFICATION E-MAIL EASE OF USE ECONOMIC DEVELOPMENT ECONOMIC FRAMEWORK ECONOMIC GROWTH ECONOMIC HISTORY ECONOMIC LIBERALIZATION ECONOMIC MANAGEMENT ECONOMIC ORDER ECONOMIC POWER ECONOMIC SECTORS ECONOMIC STRUCTURE ECONOMIC STRUCTURES ECONOMIES OF SCALE EDUCATIONAL DEVELOPMENT EMPLOYMENT OPPORTUNITIES ENGINEERS EQUIPMENT EXCHANGE RATES EXPLICIT KNOWLEDGE EXPORTS FACTORS OF PRODUCTION FAIR TRADE FINANCIAL CRISIS FINANCIAL MARKET FINANCIAL SYSTEM FINANCIAL TRANSACTION FINANCIAL TRANSACTIONS FISCAL MANAGEMENT FISCAL POLICIES FISCAL POLICY FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FREE TRADE GDP GROWTH RATE GDP PER CAPITA GLOBAL ECONOMY GLOBAL KNOWLEDGE GLOBALIZATION GNP GNP PER CAPITA GOVERNMENT EXPENDITURES GROSS DOMESTIC PRODUCT GROSS FIXED CAPITAL FORMATION GROSS NATIONAL PRODUCT GROWTH POTENTIAL GROWTH RATE HUMAN RESOURCE HUMAN RESOURCES ICT ILLITERACY INCOME INCOME LEVELS INDUSTRIAL DEVELOPMENT INDUSTRIALIZATION INEFFICIENCY INFLATION INFORMATION INFRASTRUCTURE INFORMATION TECHNOLOGY INNOVATION INNOVATION SYSTEMS INSURANCE INTELLECTUAL PROPERTY INTEREST RATE INTERNATIONAL TRADE INVESTING INVESTMENT COMPANIES JOB TRAINING KEY INDUSTRIES KNOWLEDGE CREATION KNOWLEDGE DEVELOPMENT KNOWLEDGE ECONOMY KNOWLEDGE FOR DEVELOPMENT KNOWLEDGE MANAGEMENT KNOWLEDGE REVOLUTION KNOWLEDGE STRATEGIES LABOR FORCE LABOR MARKET LAN LARGE ENTERPRISES LEARNING LICENSES LICENSING LITERACY LOCAL AREA NETWORK LONG-TERM PLANNING LOW INCOME LOW INTEREST RATES LOW-INCOME MACROECONOMIC POLICY MACROECONOMIC STABILIZATION MANUFACTURING MARKETING MATERIAL MATHEMATICS MEDICAL INSURANCE MEDIUM ENTERPRISES MINIMUM WAGE MONETARY POLICIES MONOPOLY NATIONAL ECONOMY NATIONAL INCOME NATURAL RESOURCES NEW TECHNOLOGY OPPORTUNITY COST PATENTS PENSION PENSION SYSTEM PER CAPITA INCOME POLITICAL LEADERSHIP POSITIVE EFFECTS PRICE MECHANISM PRIMARY EDUCATION PRIVATE SAVINGS PROBABILITY PRODUCTION TECHNIQUES PRODUCTIVITY PRODUCTIVITY GROWTH PROGRAMS PURCHASING POWER PURCHASING POWER PARITY QUERIES R&D RAPID GROWTH RAPID INDUSTRIALIZATION RAPID INFLATION REAL GDP REINVESTMENT RESEARCH ASSISTANCE RESEARCH CENTERS RESOURCE ALLOCATION SAVINGS SAVINGS DEPOSITS SAVINGS RATES SCIENTISTS SECURITIES SECURITIES DEALERS SENIOR SERVICE PROVIDERS SKILLED WORKERS SMALL BUSINESS SOCIAL DEVELOPMENT SOCIAL WELFARE STANDARDIZATION STOCK EXCHANGE TECHNICIANS TECHNOLOGY INDUSTRIES TECHNOLOGY POLICY TELECOM TELECOMMUNICATION TELECOMMUNICATIONS TELEPHONE TELEPHONES TELEVISION TOTAL FACTOR PRODUCTIVITY TRADE POLICIES TRADITIONAL ECONOMY UNEMPLOYMENT UNEMPLOYMENT RATE USES VALUABLE VALUE ADDED VALUE CHAINS VENTURE BUSINESS WAGE WAGES WEB WEB SITE WORLD MARKET WORLD TRADE WORLD TRADE ORGANIZATION WORTH WTO This report on Korea is geared towards policy makers from developing countries that are in the midst of, or are intending to, embark on the transition towards the knowledge economy. It provides pragmatic policy lessons drawn from Korea's forty-five years of knowledge-based growth. This report not only looks at the current policies and challenges of today's high income Korea, but also reviews its historical economic development since the 1960s when Korea was still a low income country. It follows Korea through the decades as it undertook an array of knowledge strategies that propelled it through the various income levels. This report therefore provides compelling policy lessons that are relevant for developing countries at different stages of economic development. 2012-05-31T16:07:11Z 2012-05-31T16:07:11Z 2007 http://documents.worldbank.org/curated/en/2007/01/8340550/korea-knowledge-economy-evolutionary-process-lessons-learned 978-0-8213-7201-2 https://hdl.handle.net/10986/6755 English en_US WBI Development Studies CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf text/plain Washington, DC: World Bank