ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

Economic Development and Technology Accumulation

This paper argues that lack of technology and skill accumulation in the development process is the basic cause of the recent economic crisis in South Korea. Korea's export-led industrialisation required import of capital goods, parts and technology. In its efforts to catch up with developed western countries, it neglected to develop domestic technology.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top