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Books > Business & Economics > Economics > Labour economics
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Human Capital and Development - Lessons and Insights from Korea's Transformation (Hardcover)
Loot Price: R4,077
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Human Capital and Development - Lessons and Insights from Korea's Transformation (Hardcover)
Series: KDI series in Economic Policy and Development
Expected to ship within 10 - 15 working days
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Over the last 70 years, Korea has experienced a rapid and
remarkable transformation from a devastatingly poor nation to one
of the world's leading advanced economies, achieving both sustained
economic growth and a successful democracy. This pioneering work
focuses on the key role of sustained investment in human capital
behind Korea's phenomenal success. Human Capital and Development
analyzes the importance of balancing diverse aspects of the
educational system at different stages of development. The need to
balance general and vocational education, top-down and bottom-up
reform, as well as qualitative and quantitative expansion are
highlighted. Adapting Korea's development experience to general
principles shows that rather than seeking universal strategies and
rules, the key to successful transformation is the provision of
educational systems that can evolve over time depending on
socio-economic and technological conditions for both developing and
advanced countries. For researchers and students of economic
development, education, and Asian development, this book is an
excellent tool to discover possible ways for developing countries
to initiate and accelerate their paths of economic growth and
development. This book also provides a useful reference for policy
makers of advanced as well as developing countries in designing
their education systems and policies.
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