IDEAS home Printed from https://ideas.repec.org/h/pal/sopchp/978-1-137-33948-5_8.html
   My bibliography  Save this book chapter

How Could the Enhancement of Education and Health Contribute to Economic Growth in South Korea?

In: Learning from the South Korean Developmental Success

Author

Listed:
  • Ilcheong Yi

Abstract

It is now widely agreed that investment in human capability, particularly in the areas of education and health, is a key factor for successful development. Previously, however, the dominant economic model for growth was based on the assumption that increasing physical capital was the primary driver for economic growth. Despite emphasis on the investment in human capital by many classical economists, including John Stuart Mill, Thomas Malthus, Adam Smith and Alfred Marshall, the idea that such investment, in particular education, should be treated as equally important as investment in physical capital for economic growth was revolutionary to many scholars until the 1960s (Myrdal 1968).

Suggested Citation

  • Ilcheong Yi, 2014. "How Could the Enhancement of Education and Health Contribute to Economic Growth in South Korea?," Social Policy in a Development Context, in: Ilcheong Yi & Thandika Mkandawire (ed.), Learning from the South Korean Developmental Success, chapter 8, pages 172-194, Palgrave Macmillan.
    • Handle: RePEc:pal:sopchp:978-1-137-33948-5_8
    DOI: 10.1057/9781137339485_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:sopchp:978-1-137-33948-5_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.