Economic Development Patterns, Inflations, and Distributions: With Application to Korea (ROK) and Taiwan (ROC), 1st Edition (Hardback) book cover

Economic Development Patterns, Inflations, and Distributions

With Application to Korea (ROK) and Taiwan (ROC), 1st Edition

By Byung Ok Lim

Routledge

248 pages

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pub: 2018-11-05
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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.

Table of Contents

1. Introduction 2. Factor Growth 3. The Effects of Changes in Factors on Economic Growth 4. The Growth and Functional Distribution in Non Agricultural Economy 5. The Growth and Household Distribution of Income (HID) 6. Summary and Conclusions

About the Series

Routledge Library Editions: Business and Economics in Asia

This set examines a vast range of topics covering all experiences of business and economics from across Asia. Dealing with early banking systems in China; the industrialisation of Korea and Taiwan; the evolution of Japanese business practices; economic development; protectionist policies; industrial investment; trade; tourism; and a host of other topics, the books collected here form a vital reference resource across a wide subject area.

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Subject Categories

BISAC Subject Codes/Headings:
SOC008000
SOCIAL SCIENCE / Ethnic Studies / General