표제어Human Capital and Economic Development of Korea : New Challenges and New Vision

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사전유형소장기록

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설명Challenged by increased international competition and new information technologies, the Korean economy is now at another critical juncture in its development. The supposed sources of Korea`s apparently mythical economic growth -- successful mobilization of capital and labor -- are anyway depleting, while easy learning from or adaptation of foreign technologies are becoming increasingly more difficult or not good enough to meet the mounting competitive pressure of the lobal market. In quantity, Korea`s human resource base is highly impressive, stacking up well against even the most advanced countries of the world today. However, human capital in Korea in wanting seriously in two crucial dimensions : first, creative high-quality workforce with self-motivated learning abilities, and second, the institutional or social capital essential for a synergetic networking(specialization and exchange)among individuals and a wide spectrum of economic or social entities. The long-term growth potential of the Korean economy will essentially depend on how successfully the Korean people manage to improve in these two areas. Ironically, the task will be extremely formidable, because it tasks the most of aforementioned two types of capitals, which the Korean society is now mostly lacking. If Korea fails at this task, it may still manage to make one of those reasonably-industrialized nations of the world, or at worst, end up making another Soviets-like debacle story, as Krugman speculate it could(Krugman 1994). Should Korea succeed, however, what may be later called the 'human-capital-driven stage of development' could be ushered, whereon Korea can stride toward what possibly constitutes the ultimate vision of the information age -- that is, the vision of attaining a truly 'human-capitalistic' society where the creative, caring and collaborative minds command the utmost values as the ultimate source of economic productivity as well as their own personal well-being.

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생산자우천식

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날짜1998-02-01

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기록유형문서류

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기록형태보고서/논문

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주제정치경제

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