Społeczno-kulturowe uwarunkowania sukcesu gospodarczego Republiki Korei
Languages of publication
The article describes the impact of socio-cultural conditions on economic growth of the Republic of Korea. It starts with describing the difficult economic situation of South Korea and its unfavorable geopolitical environment immediately after the Korean War in 1953. Then it analyzes the positive impact of socio-cultural factors - a new Confucian ethics, the education system and the diligence of Koreans on the economic growth of the country. The third part of the article focuses on the limits to growth, due to the sociocultural factors - low labor productivity, lack of effective incentives to work or maladjustment to the changing environment of the educational system. The last section describes the economic success that Korea achieved 60 years after the end of fratricidal war, largely thanks to the socio-cultural determinants of the country.
Publication order reference