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Economic Development Patterns, Inflations, and Distributions

Byung Ok Lim
€137.99
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Aggregate Input
Author_Byung Ok Lim
Balanced Growth Path
Capital Labor Ratio
Capital Shallowing
Category=KCM
CES Function
CES Production Function
comparative inflation outcomes in Asia
Critical Minimum Effort
East Asian economic models
economic development patterns
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
functional income distribution
Gini Coefficient
Gini Effect
Gini Inequality
household income distribution
income inequality
industrialisation case studies
Inverse U-shaped Pattern
Korea's economic activities
Labor Absorption
Labor Input Growth
Labor Share
macroeconomic policy analysis
Net Fixed Capital Stock
Non-agricultural Sector
Nonagricultural Income
Nonagricultural Sector
Real Capital Income
Real Factor Input
Real Factor Price
Solid Contour Lines
Taiwan's economy
Total Factor Productivity
Total Factor Productivity Gains
Wage Rental Ratio

Product details

  • ISBN 9781138369559
  • Weight: 630g
  • Dimensions: 156 x 234mm
  • Publication Date: 05 Nov 2018
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Description

The focal point of this study, first published in 1991, is to investigate the effect of growth patterns on inflation and the distribution of income through inductive examination of the particular experiences in Korea and Taiwan. Both countries are regarded as models of successful industrialization, but contrast significantly in the matter of their development strategy yielding a more equitable distribution of income, along with a moderate inflation from the benefits of economic growth. Korea experienced considerable rates of inflation and a worsening of the distribution of income, while Taiwan avoided both economic evils. This book analyses how Taiwan’s economy managed to reconcile growth with inflation and distribution and why Korea could not achieve similar performance.
About Byung Ok Lim
Byung Ok Lim

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