Answer to Question #197826 in Political Science for Jhon

Question #197826

Development theory about South Korea as a country


1
Expert's answer
2021-05-25T05:38:02-0400

Shortly after the end of the Korean War, the South Korea government set up policies that encouraged domestic savings and opened up the country to international trade. South Korea’s economy is defined by a high-level government intervention in the economy, and its political system was characterized by an authoritarian system until the late 1980s.

South Korea dominates in the ease to start a business and enforcing contracts. All of them play a significant role in encouraging investment, production, communication and, eventually, economic growth. Innovation and technology are the key factors that have underpinned South Korean export competitiveness and fueled the country's remarkable economic rise over the past decades.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS