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Economic Development Patterns, Inflations, and Distributions
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Economic Development Patterns, Inflations, and Distributions : With Application to Korea (ROK) and Taiwan (ROC)

Book Details

Format Paperback / Softback
ISBN-10 1138369640
ISBN-13 9781138369641
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Mar 10th, 2020
Print length 252 Pages
Weight 453 grams
Ksh 6,650.00
Werezi Extended Catalogue 0 in stock

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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.

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.


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