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Korea - Current economic position and prospects (English)

This report provides a review of economic position and prospects of Korea as of 1968. An integrated transportation survey was carried out in Korea from November 1965 to June 1966. It included the entire country and all modes of transport. Its primary function was to recommend a detailed transportation investment program for the Second Five Year Plan 1967-1971 (SFYP). According to the objectives established for the progress of the economy during the SFYP by Korea's central planning agency, the Economic Planning Board(EPB), the survey was based on the assumption of a Gross national product (GNP) growth rate of 7 percent. The investment program recommended by the Korea Transportation Mission has been partly adopted by the government.

Details

  • Document Date

    1968/01/11

  • Document Type

    Pre-2003 Economic or Sector Report

  • Report Number

    AS133

  • Volume No

    1

  • Total Volume(s)

    2

  • Country

    Korea, Republic of

  • Region

    East Asia and Pacific,

  • Disclosure Date

    2010/06/12

  • Disclosure Status

    Disclosed

  • Doc Name

    Korea - Current economic position and prospects

  • Keywords

    capital formation;marginal propensity to save;fixed capital formation;domestic capital goods industry;water supply and sanitation;cost of living index;gross fixed capital formation;loss of purchasing power;private saving;per capita gnp;import of goods;Manufacturing;machinery and equipment;bank of korea;export of goods;government capital expenditure;real growth rate;debt service obligation;interest rate structure;nominal growth rate;agriculture and forestry;family planning program;private disposable income;increase in capacity;raw material;domestic saving;gross export earnings;domestic value added;annual debt service;raw material supply;senior civil servants;birth control pill;second world war;inequality in income;disparity in income;national assembly election;gross national product;high income economy;domestic capital formation;domestic resource mobilization;government current expenditure;external debt service;public utility charge;rapid economic development;economic development policy;balance of payment;investments in infrastructure;lack of skill;primary school graduate;investment in transportation;investment in electricity;world market price;cessation of hostility;rate of output;import of service;economies of scale;misallocation of resources;quality of outputs;terms of trade;import price index;supply of power;private sector credit;foreign direct investment;net foreign exchange;availability of finance;foreign exchange budget;private sector initiative;distribution of fish;increase in capital;foreign capital inflow;import license system;power had;Foreign Exchange Reserve;increased agricultural productivity;electric power generation;construction industry;productive capacity;foreign finance;exchange rate;private investment;rapid industrialization;Exchange Rates;foreign assistance;Bank Credit;agricultural output;private initiative;sectoral growth;export performance;Population Growth;Tax Reform;comparative advantage;export growth;

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Citation

Korea - Current economic position and prospects (English). Asia series,no. AS 133 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/989291468276875965/Korea-Current-economic-position-and-prospects