The sustained high rate of expansion in incomes over 15 years has transformed Korea from one of the poorest developing countries, with heavy dependence on agriculture and a weak balance of payments financed almost entirely by foreign grants, to a semi-industrialized, middle income nation with an increasingly strong external payments position and the prospect of eliminating the current account deficit in the next 5-10 years. Korea's outstanding gains are attributable to the interaction of several factors: (i) political stability, strong leadership, and a firm commitment to development; (ii) a largely homogenous and unstructured society; (iii) a well-educated, disciplined, and industrious labour force; and (iv) early recognition of the potential contribution of trade in manufactured goods in compensating for Korea's paucity of natural resources. The main document discusses the Fourth Plan and prospects for the longer term. Separate volumes contain Annexes A-J, which cover agriculture, industry, human resources, a macro model for the long term, energy, transport, public finance, the financial sector, foreign trade, and external capital, respectively.
详细
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文件日期
1977/02/23
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文件类型
2003年前的经济或行业报告
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报告号
1489
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卷号
6
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Total Volume(s)
12 (参阅所有文档系列)
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国家
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地区
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发布日期
2010/06/12
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Disclosure Status
Disclosed
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文件名称
Annex E
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关键词
Energy;income elasticity of energy consumption;consumption of petroleum product;energy conservation;commercial energy;price petroleum product;short period of time;improvements in energy efficiency;level of fuel price;alternative sources of energy;marginal cost of supply;refined petroleum product;Energy Sector;primary energy requirement;coal mining industry;price of energy;demand management policy;balance of payment;source of energy;domestic energy resource;transmission and distribution;energy policies;adequate energy supply;rate of growth;state of knowledge;forms of energy;consumption of energy;foreign oil company;alternative energy policy;allocation of resource;power industry;coal production;
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