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Comparative Analysis of Economic Development in Colonial and Post-Colonial Egypt and Korea

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Authors
Tourk, Khairy
Issue Date
2014-07
Publisher
Institute of Economic Research, Seoul National University
Citation
Seoul Journal of Economics, Vol.27 No.3, pp. 223-255
Keywords
Great powers politicsBritish/Japanese colonial policiesStrong/soft governmentEfficient bureaucracyQuality of factors of productionGeneral ParkColonel NasserInculcation of modern values
Abstract
The paper compares the economic development experiences of Egypt and (S)Korea during the colonial and post-independence periods. It shows that the two most important requirements of modernization are: first, an external condition related to the crucial role that global and regional powers play in promoting or hampering the developing countrys efforts to modernize. The second is an internal one showing that a strong government is usually more efficient in carrying out successful economic policies than a soft one. This is especially true during the early stages of industrialization.
ISSN
1225-0279
Language
English
URI
https://hdl.handle.net/10371/93013
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of Economics (SJE)Seoul Journal of Economics vol.27 no.1~4 (2014)
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