The 42nd International Development Policy Seminar was held on Thursday, November 22nd, 2018 in the International Conference Room. The lecture entitled “Origins of Korean Economic Growth” was presented by Professor Kim Duol, a Professor of Economics at Myongji University. The lecture was attended by the 10th and 11th batch DCPP Students, Professor Jeong Hyeok, and other graduate students. The seminar explained how foreign aid, land redistribution, and efforts to industrialize and export were key for Korea’s economic recovery and growth from 1945 to 1960. Later on, from 1960 to 1997, Korea focused on export-oriented economic development. The seminar concluded with some of Korea’s current issues such as sources of growth, labor, deregulation and structural change, public finance, household income and debt, and foreign relations.
