Koreas Experiences with Development: Revisiting MDGs from a Time Perspective

Abstract

As interest in Millennium Development Goals surges, criticism targeting their applicability to developing and underdeveloped countries has also sharply increased. While Millennium Development Goals highlight important development goals, targets, and indices, they lack a time perspective. Koreas experience suggests that it is impractical to pursue all developmental goals simultaneously. Instead, prioritizing goals based on country-specific contexts and approaching them sequentially is an approach better suited to underdeveloped and developing countries, because of their limited resources and underdeveloped social conditions, and can be more effective in achieving multiple goals in the long term.