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dc.contributor.authorKwon, Ohen_US
dc.contributor.editorKap-Young Jeong, Yonsei Universityen_US
dc.date.accessioned2017-05-03T13:10:30Z
dc.date.available2017-05-03T13:10:30Z
dc.date.issued2005en_US
dc.date.modified2007-03-19T21:46:29Z
dc.identifier.issn1226508Xen_US
dc.identifier.doi10.1080/12265080500117541en_AU
dc.identifier.urihttp://hdl.handle.net/10072/4510
dc.description.abstractThis study analyses cultural effects on economic development in South Korea. It introduces the concept of transaction costs as an operational intermediary between culture and economic development. Using this approach, it is found that culture affects economic development through its impacts on transaction costs in the static case and in the dynamic case, through its impacts on the creative capacity of citizens. To assess the role of culture in future economic development, recent changes in Korean culture are examined. In view of recent changes identified, Korean culture will have a negative effect on the future economy, compared to its positive influence in earlier decades from the 1960s. Culture is not ceteris paribus. Even if all else remains the same, the prospects of the Korean economy will be tainted by the influence of culture.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherRoutledge, Taylor & Francis Groupen_US
dc.publisher.placeOxfordshire UKen_US
dc.relation.ispartofstudentpublicationNen_AU
dc.relation.ispartofpagefrom213en_US
dc.relation.ispartofpageto231en_US
dc.relation.ispartofedition2005en_US
dc.relation.ispartofissue2en_US
dc.relation.ispartofjournalGlobal Economic Reviewen_US
dc.relation.ispartofvolume34en_US
dc.rights.retentionNen_AU
dc.subject.fieldofresearchcode340213en_US
dc.titleA cultural analysis of South Korea's economic prospectsen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.facultyGriffith Business School, Department of International Business and Asian Studiesen_US
gro.rights.copyrightCopyright 2005 Taylor & Francis : The author-version of this article will be available for download [12-18 months] after publication : Use hypertext link to access the version of the publisher.en_AU
gro.date.issued2005
gro.hasfulltextNo Full Text


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