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Introduction

In: Economic Growth, Low Income and Housing in South Korea

Author

Listed:
  • Kim Woo-Jin

    (Korea Housing Institute)

Abstract

One primary reason for desiring economic growth is to raise the general living standards of the population. Many studies and theories have suggested and confirmed that in a poor country, economic growth is the first step necessary for the wellbeing of all people, and some people have assumed that the benefits of economic growth will eventually ‘trickle down’ to even the poorest people and that thereby non-income problems such as housing would be solved by increased national and household incomes.

Suggested Citation

  • Kim Woo-Jin, 1997. "Introduction," Palgrave Macmillan Books, in: Economic Growth, Low Income and Housing in South Korea, chapter 1, pages 1-14, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25079-0_1
    DOI: 10.1007/978-1-349-25079-0_1
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