Policy Lessons from South Korea's Development

Shahid Yusuf, Sayyora Krulikowski, Taejong Kim, Hyoung II Lee, Byoung-Joo Kim, WBGx

Learn about South Korea’s remarkable transformation from a low- to high-income economy in only three decades.

South Korea presents a compelling story of economic growth. It’s one of few countries that made the transition from a resource-poor, low-income nation to a high-income economy in only three decades. It offers a model for developing countries and in this MOOC, leading experts will explain how South Korea achieved this outcome by implementing an export-led industrial strategy.

This course examines South Korea’s past developmental experience as well as its current strategy and policy initiatives to overcome global and domestic challenges, and sustain economic growth into the 21st century. You’ll have an opportunity to consider and discuss institutional and policy lessons applicable to the developmental challenges facing your own countries.

The course will be of interest to all those wanting to learn how South Korea was transformed into a high-income, with the help of a highly skilled workforce, and the development of high-end manufacturing and services sectors. Also of great interest is Korea’s creation of a futuristic city, Songdo, equipped with smart and green technologies. This MOOC will be of particular interest to policymakers involved in economic development.

The course has been developed by the World Bank Group in collaboration with Korea Development Institute, and is taught by prominent representatives of academic and research institutions in South Korea and the United States.

What will you learn

  • The factors that contributed to South Korea’s remarkable performance from the 1960s to the 1990s and how some of its policies could be applied to similar effect today
  • The strategies used to build a science, technology and innovation system and to nurture innovation capability
  • The forward looking developments promoting diversification into advanced manufacturing, tradable services and digital/green technologies
  • Current efforts to upgrade skills and productivity of an ageing workforce and the strengthening of a social safety net
  • The city of Songdo; the effectiveness, scalability and applicability of its green and smart technologies

Dates:
  • 17 January 2017
Course properties:
  • Free:
  • Paid:
  • Certificate:
  • MOOC:
  • Video:
  • Audio:
  • Email-course:
  • Language: English Gb

Reviews

No reviews yet. Want to be the first?

Register to leave a review

Show?id=n3eliycplgk&bids=695438
NVIDIA
More on this topic:
D50bef79-965e-4013-ba6a-64cfedd67f2f.small Policy Lessons from South Korea's Development
Learn about South Korea’s remarkable transformation from a low- to high-income...
Fb27f6c8-5f32-4e1e-b67f-9093b8945fa5-79f8772cb909.small The Korean Story : Secrets of an Economic Miracle
What can the world learn from the Korean development story? The Korean Story...
More from 'Economics & Finance':
48708e7e-0152-4a4b-ad4c-2dadce29c87f-78359bf75888.small Data Analysis in Social Science-Assessing Your Knowledge
Learn the methods for harnessing and analyzing data to answer questions of cultural...
A7512d5c-f6d9-4da4-afec-f78cc712ba40-6691982efc57.small Circular Economy: An Interdisciplinary Approach
Join the transition towards a circular economy considering economic, supply...
791ba786-7112-4fc4-a0fb-f2ab5487c737-86eeb21ade6a.small Economics and Policies in a Biobased Economy
Lead your company to make the switch to biobased resources and build a profitable...
A85cb783-d054-43ba-9934-71d2cf9de97f-e8d0a5e85834.small Business Strategy and Operations in a Biobased Economy
Lead your company to make the switch to biobased resources and build a profitable...
B37b28e6-f404-4acc-8b87-b38830fb2846-fd56a46edfa8.small Capstone Business and Economics for a Circular Economy
This capstone project is the final part of the MicroMasters programme Business...
More from 'edX':
5dedf011-dfb5-4ea4-8714-30196590eb52-d940b2594513.small Product Design: The Delft Design Approach
Learn to design meaningful products and services in this introductory design...
13adc099-5ad9-43f5-aa3f-b0b989ada21e-d7008b8bf1e5.small Crafting Realities: Work, Happiness and Meaning
Learn to create and experience your work as a joyful and meaningful activity...
840acc48-0d64-4a9d-a424-712406a034a6-2ba1eb03fbae.small Steps in Japanese for Beginners1 Part1
Learn basic Japanese expressions to survive in Japanese. Andy, an exchange student...
79f21ace-02c3-4d4b-9b02-8eb4ce735f7b-e1fbfdd8da2f.small Shakespeare's The Merchant of Venice: Shylock
An exploration of the magnetic and ambivalent character of Shylock in William...
26f7e9fe-9780-4433-ac49-4c67631d43d3-d54b0a83080d.small First Nights - Monteverdi’s L’Orfeo and the Birth of Opera
Learn about Claudio Monteverdi's L 'Orfeo , one of the first operas ever written...

© 2013-2019