Economic Development Patterns, Inflations, and Distributions : With Application to Korea, Rok, and Taiwan, Roc

Ok Lim, Byung

ISBN 10: 1138369640 / ISBN 13: 9781138369641

Published by Routledge, 2020

About this Item

Unread book in perfect condition.

Seller Inventory # 38543671

Bibliographic Details

• Title: Economic Development Patterns, Inflations, and Distributions : With Application to Korea, Rok, and Taiwan, Roc
• Publisher: Routledge
• Publication Date: 2020
• Language: English
• ISBN 10: 1138369640
• ISBN 13: 9781138369641
• Binding: Soft cover
• Condition: As New

About this title

Synopsis

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.

About the Author

Byung Ok Lim