Abstract
June 01 2016 Comments by Sung-Chun Jung, on The Technical Progress and Resilience in Productivity Growth of Korea's Growth-Leading Industries Author and Article Information Online Issn: 1536-0083 Print Issn: 1535-3516 © 2016 by the Earth Institute at Columbia University and the Massachusetts Institute of Technology2016Massachusetts Institute of Technology Asian Economic Papers (2016) 15 (2): 192–193. https://doi.org/10.1162/ASEP_a_00440 Cite Icon Cite Permissions Share Icon Share Facebook Twitter LinkedIn MailTo Views Icon Views Article contents Figures & tables Video Audio Supplementary Data Peer Review Search Site Citation Comments by Sung-Chun Jung, on The Technical Progress and Resilience in Productivity Growth of Korea's Growth-Leading Industries. Asian Economic Papers 2016; 15 (2): 192–193. doi: https://doi.org/10.1162/ASEP_a_00440 Download citation file: Ris (Zotero) Reference Manager EasyBib Bookends Mendeley Papers EndNote RefWorks BibTex toolbar search Search Dropdown Menu toolbar search search input Search input auto suggest filter your search All ContentAll JournalsAsian Economic Papers Search Advanced Search Sung-Chun Jung: Over the past decades, Korea's economy has thrived and following its economic development model can be helpful for other developing economies. Several years after the 2008–09 global financial crisis (GFC), and right after the U.S. Federal Reserve started its monetary tightening, emerging market economies (EMEs) expected many future challenges and frustrations. Those EMEs (in particular, natural resource-rich countries, which have enjoyed economic prosperity from high prices and expanding demands for their natural resources) face tough years ahead. Without creating a whole new growth model, however, these countries are unlikely to grow at higher or even the same growth rate than before because the global economic condition has completely changed from an era where there was plenty of global liquidity to one where money supply has tightened in recent years. Developing a new growth model and finding alternative growth sources have become the most urgent national tasks to be... You do not currently have access to this content.
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