The Korean Economy: Sustaining Convergence to the Highest-Income Countries
4.0
creditsAverage Course Rating
The course will analyze Korea’s transformation from one of the poorest countries in the world in the 1950s to the 10th largest economy today. However, Korea faces serious challenges to continue its convergence to the highest-income countries. The course will focus on the challenges posed by Korea’s rapid population aging and the associated fiscal pressures, its polarized economy (large companies versus small and medium-sized enterprises, manufacturing versus services, regular workers versus non-regular workers and men versus women), its dependence on energy-intensive industries and coal, and North Korea.
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