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1998 | OriginalPaper | Chapter

The Developmental Alliance for Industrialization in East Asia: State and Business in South Korea and Taiwan

Author : Eun Mee Kim

Published in: Industrial Transformation in Eastern Europe in the Light of the East Asian Experience

Publisher: Palgrave Macmillan UK

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The East Asian NICs of South Korea, Taiwan, Hong Kong and Singapore have attained some of the most rapid rates of economic development in the world in the last three decades. South Korea recorded 7.1 per cent in average annual growth rate of GNP per capita between 1965 and 1980, making it the second fastest growing economy in the world — after Botswana — during that period (World Bank 1992). Between 1980 and 1992, South Korea was the fastest growing economy in the world with an impressive 8.5 per cent in average annual growth rate of GNP per capita.

Metadata
Title
The Developmental Alliance for Industrialization in East Asia: State and Business in South Korea and Taiwan
Author
Eun Mee Kim
Copyright Year
1998
Publisher
Palgrave Macmillan UK
DOI
https://doi.org/10.1007/978-1-349-26520-6_8