East Asian Countries' Rapid Development, Economic Crisis, and Redevelopment Strategy (Focus on South Korea and Taiwan cases)

소개글

East Asian Countries' Rapid Development, Economic Crisis, and Redevelopment Strategy (Focus on South Korea and Taiwan cases)에 대한 보고서 자료입니다.

목차

A. Introduction

B. Body
1. The Similarities and Differences of the Two Countries
2. Economic Crisis in South Korea and Taiwan
3. Recover from Crisis and Strategy for Future Possible Crisis
4. Redevelopment Strategy

C. Conclusion

본문내용

A.Introduction
Since WWII, East Asia became the center of world economy. Japan was the first rapid development country, and then South Korea, Taiwan, Singapore, and Hong Kong followed the trajectory. These countries’ growth was tremendous as we can see their growth rate.
Table 1. Average annual GDP growth rates, 1950 - 96
1950s 1960s 1970s 1980s 1990s
Japan 8.6 10.5 4.4 4.0 2.1
Korea 6.0 8.3 7.7 9.4 7.2
Taiwan 8.4 9.9 9.3 8.2 6.7
Singapore 5.4 10.0 9.1 7.4 8.9
Hong Kong 9.5 9.9 9.4 6.9 5.2
Sources: Data from International Bank for Reconstruction and Development (IBRD)
How could the East Asian countries complete rapid economic development? There have been many researched for East Asian countries’ development. However, most of the researches focused on similarities of East Asian countries’ development. There has been not enough research for diversities of the countries. Especially, South Korea and Taiwan had many similarities in historical background and the development trajectory. However, the diversity of the two countries has not been discussed much.
Therefore, I will analyze not only the similarities of the two countries but also the differences of them. The content of this paper is as follow. First of all, I will analyze the similarities and differences of the two countries during the rapid economic development period. Secondly, I will analyze the similarities and differences of economic crisis in the 1990s. Finally, I will suggest each country’s proper economic redevelopment strategies.

키워드

South Korea,   Taiwan,   economic development,   economic crisis,   비교경제,   한국,   대만,   경제발절